Principal Analyst, Financial Disclosure & Trading

Are you looking for purpose and meaning in your work? Does the idea of working for a regulator speak to your moral compass?

As a not-for-profit entity, FINRA operates under the oversight of the SEC and sits at the nexus of broker-dealers, policymakers and investors. Because of this structure, FINRA is uniquely positioned to stimulate vibrant markets that protect investors, ensure robust trading activity, foster liquidity, and support innovation and growth.

Our staff works in tandem with the SEC and other policymakers to foster the robust communication necessary to stay on top of evolving regulatory measures and proactively monitor the activities of 3,400 brokerage firms and nearly 621,000 brokers.

We're hiring a Principal Analyst, Financial Disclosure & Trading.

Through its administration of the Code of Conduct, the Ethics Office ("Office") furthers FINRA's independence and the integrity of its regulatory efforts. Using a significant knowledge of the Code of Conduct, investment accounts and securities products, the Analyst provides important contributions to this critical function of FINRA's corporate governance.

Using the Code of Conduct Compliance System and related resources, the Analyst performs activities intended to ensure the accuracy and timeliness of employee financial disclosures and reports regularly on the status of such to senior management.

The Analyst is responsible for the early detection and resolution of trading violations identified through surveillance sweeps and those self-reported by employees. As a subject matter expert, the Analyst represents the Office at internal speaking engagements and develops written content on financial disclosures and trading restriction compliance for use within Code of Conduct guidance materials and training programs.

The Analyst independently conducts consultations with employees and managers at all levels concerning policy requirements and the resolution of violations, when those occur. Other responsibilities include evaluation of financial hardship waiver requests and supporting the analysis and updating of FINRA Prohibited Company List.

At all times the Analyst maintains strict confidentiality of sensitive financial and personal information. The incumbent is defining their assigned roles and increasing their skills, working under general guidance of the Associate Director.

****** PLEASE apply with a cover letter describing your experience working for a broker-dealer, this is critical. Describe your experience responding to employee code of conduct inquires.

This is a hybrid workstyle role. You'll work from our DC, NYC, WOODBRIDGE, NJ or JERSEY CITY, NJ office a few times per month. DC is the preferred location ******

Essential Job Functions:

• Independently responds to oral and written inquiries, including complex circumstances, received from employees and managers across FINRA concerning financial disclosures and trading restriction requirements. Demonstrates proficiency in application of those policies to intricate scenarios.
• Reviews the quality of employee account disclosures and identifies apparent compliance issues. Addresses incomplete or untimely disclosures.
• Ensures timely maintenance of the electronic account feeds, investigating and resolving apparent issues. Escalates unresolved matters to the Associate Director.
• Independently provides consultations to candidates for hire concerning the Code's financial disclosure requirements and trading restriction policies, the availability of hardship waivers and requirements to be satisfied prior to starting work at FINRA. Provides written synopsis within case management system.
• Independently evaluates trading violations identified through surveillance sweeps and those self-reported by employees, calculates required disgorgements and recommends resolutions within the criteria established by the Office.
• Responsible for prohibited securities waiver requests and related communications with the employee and their management team including, executive vice president. Conducts financial hardship analysis of varying complexity, performs monitoring of approved waivers to ensure liquidation requirements are satisfied.
• Primary point of contact to the outside consultant responsible for updating FINRA's Prohibited Company List. Independently administers all activities necessary to ensure timely publishing of the PCL and delivery of related criteria to the technology support team. Working with various FINRA departments, obtains and delivers the source data required for the consultant's analyses. Reviews the quality of all work product returned by the consultant and when necessary, initiates further research.
• As delegated by the Associate Director, engages with the Technology team in the design, enhancement, and improvement of the related compliance system and technologies.
• Conducts presentations geared towards aiding FINRA staff and managers avoid compliance missteps during Code of Conduct roadshows meetings.
• Develops written content covering the financial disclosures and trading restriction policies for use within the Code's Procedures and Guidelines, FINRAnet guidance, training and awareness materials.
• Supports the Associate Director in cross-training junior analysts and monitoring the quality and timeliness of their work and communications.

Other Responsibilities:

• Actively participates in development and testing of technology enhancements.
• Responsibly handles large amounts of sensitive information in a manner that maintains confidentiality at all times.

Education/Experience Requirements:

• Bachelor's degree in Finance, Economics, or Business or equivalent work experience in the financial services industry demonstrating research/analytical skills.
• Minimum of seven (7) years of experience in a securities-related compliance program is highly desirable exhibiting independence and mastery of subject area.
• Expert-level knowledge of basic securities and options, securities and options transactions, and securities account types is required; familiarity with broker-dealer back-office operations a plus.
• Excellent verbal and written communication skills are mandatory; position entails extensive telephonic and written communication with employees and managers throughout the organization; tact and courtesy are essential.
• Must have demonstrated experience effectively managing multiple deadlines and priorities; excellent organizational and project management skills are required.
• Attention to detail, excellent data analytical skills, accuracy and critical thinking are essential.
• Expertise in the use of Microsoft Excel, and Microsoft Word; experience working with Web-Ex, PowerPoint.
• Access and Adobe Acrobat strongly preferred.
• Ability to function effectively in a team environment is required.
• Ethics and Compliance certification from a recognized industry association preferred, will be sponsored if needed

Working Conditions:

• Must possess ability to work under pressure, meet deadlines, and juggle multiple tasks efficiently and accurately.
• Standard office environment. Must use a desktop computer on a daily basis. Occasional travel may be required. Extended hours may be required.
• Membership in an ethics and compliance industry association will be provided.

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 $98,400, Maximum Salary $193,400

Washington, DC: Minimum of $102,800 Maximum of $185,300

Colorado/Hawaii: Minimum Salary $89,400, Maximum Salary $161,200

New York, NY: Minimum Salary $107,200, Maximum Salary $193,400

Washington: Minimum Salary $89,400, Maximum Salary $185,300

#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.

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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.

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