To conduct risk-based examinations of FINRA member firms and registered representatives
Essential Job Functions:
* Execute and advise on Market Access Rule (SEC Rule 15c3-5) reviews on examinations of medium to high risk and/or complex trading firms with moderate supervision.
* Evaluate firms' pre-trade financial, erroneous and regulatory risk management controls to assess compliance with SEC Rule 15c3-5 in equity, options, fixed income and/or other SEC regulated products traded on an Exchange or Alternative Trading System (ATS).
* Demonstrate an understating of a firm's trading activity, financial and regulatory risk management controls, order and execution management systems, and order lifecycles in connection with its market access activities.
* Evaluate firms' compliance with all relevant components of SEC Regulation ATS, including Form ATS, Form ATS-N and Form ATS-R disclosure obligations, safeguarding of subscribers' confidential trading information, and supervisory requirements.
* Evaluate a firm's compliance with Regulation SCI.
* Gather and critically analyze trading records and other relevant data provided by firms in response to tailored requests for information.
* Compile concise written summaries that clearly support the findings and conclusions of the review, including the information obtained, analysis performed, and any exceptions identified.
* Act as a trading specialist resource for others at FINRA including, but not be limited to, mentoring examiners, assessing trading risks and advising on examinations.
* Independently conduct background interviews and maintain ongoing discussions with relevant firm personnel.
* Utilize internal FINRA systems and data resources to validate data and assess the reasonability of a firm's trading controls.
* Gather and incorporate pertinent regulatory intelligence using internal FINRA systems and data resources.
* Ensure regulatory programs serve departmental goals and FINRA's mission in an efficient and effective manner.
Education/Experience Requirements:
* Bachelor's Degree or an equivalent combination of education and experience required
Major in Accounting, Finance, Economics, Business Administration or related fields preferred
Advanced degree/certification a plus
* Significant securities, compliance or financial regulatory experience
Knowledge Requirements:
* Advanced knowledge of FINRA's risk fundamentals
* Advanced knowledge of securities rules and regulations
* Advanced knowledge of firm business models, business lines, customer bases, products and services
* Advanced knowledge of all major regulatory areas and the associated rule requirements
* Awareness and understanding of internal policies and protocols
Skill Requirements:
* Ability to effectively articulate matters with high degree of complexity through verbal and written communications
* Advanced critical thinking, research and analytical skills
* Proficient in utilizing available internal resources
* Ability to manage time effectively and complete assignments within budgeted timeframes
* Ability to identify and prioritize risk
* Ability to work independently with minimal supervision
* Ability to recognize and understand the relationship and impact between different regulatory areas
For work that is performed in CA, Washington, DC, CO, HI, New York, NY and WA, the chart below outlines the proposed salary range for the corresponding location
In addition to location, actual compensation is based on various factors, including but not limited to, the candidate's skill set, level of experience, education, and internal peer compensation comparisons.
California: Minimum Salary $106,400, Maximum Salary $200,200
Washington, DC: Minimum Salary $106,400 Maximum Salary $191,800
Colorado/Hawaii: Minimum Salary $92,500, Maximum Salary $166,800
New York, NY: Minimum Salary $111,000, Maximum Salary $200,200
Washington State: Minimum Salary $92,500, Maximum Salary $191,800
#LI-Hybrid
To be considered for this position, please submit an application
Applications are accepted on an ongoing basis.
The information provided above has been designed to indicate the general nature and level of work of the position
It is not a comprehensive inventory of all duties, responsibilities and qualifications required.
Please note: If the "Apply Now" button on a job board posting does not take you directly to the FINRA Careers site, enter into your browser to reach our site directly.
FINRA strives to make our career site accessible to all users
If you need a disability-related accommodation for completing the application process, please contact FINRA's Employee Relations team at
or by email at
Please note that this process is exclusively for inquiries regarding application accommodations.
Employees may be eligible for a discretionary bonus in addition to base pay
FINRA provides comprehensive health, dental and vision insurance
Additional insurance includes basic life, accidental death and dismemberment, supplemental life, spouse/domestic partner and dependent life, and spouse/domestic partner and dependent accidental death and dismemberment, short- and long-term disability, long-term care, business travel accident, disability and legal
FINRA offers immediate participation and vesting in a 401(k) plan with company match and eligibility for participation in an additional FINRA-funded retirement contribution, tuition reimbursement and many other benefits.
Time Off and Paid Leave*
FINRA encourages its employees to focus on their health and wellness in many ways, including through a generous time-off program of 15 days of paid time off, 5 personal days and 9 sick days (all pro-rated in the first year)
Additionally, we are proud to support our communities by providing two volunteer service days (based on full-time schedule)
Other paid leave includes military leave, jury duty leave, bereavement leave, voting and election official leave for federal, state or local primary and general elections, care of a family member leave (available after 90 days of employment); and childbirth and parental leave (available after 90 days of employment)
Full-time employees receive nine paid holidays.
* Based on full-time schedule
Important Information
FINRA's Code of Conduct imposes restrictions on employees' investments and requires financial disclosures that are uniquely related to our role as a securities regulator
FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain, and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts
All of those accounts are subject to the Code's investment and securities account restrictions, and new employees must comply with those investment restrictions-including disposing of any security issued by a company on FINRA's Prohibited Company List or obtaining a written waiver from their Executive Vice President-by the date they begin employment with FINRA
Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment.
You can read more about these restrictions here.
As standard practice, employees must also execute FINRA's Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company's policy on nepotism.
Search Firm Representatives
Please be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity
Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA
All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA.
FINRA is an Equal Opportunity and Affirmative Action Employer
All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other classification protected by federal state or local laws as appropriate, or upon the protected status of the person's relatives, friends or associates.
FINRA abides by the requirements of 41 CFR 60-741.5(a)
This regulation prohibits discrimination against qualified individuals on the basis of disability, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified individuals with disabilities.
FINRA abides by the requirements of 41 CFR 60-300.5(a)
This regulation prohibits discrimination against qualified protected veterans, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans.
2020 FINRA
All rights reserved
FINRA is a registered trademark of the Financial Industry Regulatory Authority, Inc. Recommended Skills Analytical Brokerage Business Administration Business Model Coaching And Mentoring Communication
