Job Description:

Single point of accountability for the risk assessment, planning and execution of examinations, based on risks identified for a particular Firm Group and/or Subgroup. Aware of significant regulatory touchpoints for firms in their Group and/or Subgroup.

Essential Job Functions:

• Provides strategic leadership in a Firm Grouping or Sub-Grouping's Risk Monitoring efforts and ensures consistency of a Firm Grouping or Sub-Grouping's Risk Monitoring activities.


• Responsible for the completion of the Risk Monitoring Program for a specific Firm Grouping or Sub-Grouping through daily management of Risk Monitoring Directors.


• Establishes the goals and objectives for a risk monitoring program specific to firms in a Firm Group or Sub-Group’s Risk Monitoring team.  Provide feedback to firm Group Leader. 


• Provides Firm Group Leaders with updates, key issues, and briefings on current firm information.  Actively communicates, supports and implements corporate, division and department decisions


• Serve as the key contact for the SEC Regional Offices, and State Regulators. Work closely with Government Relations and Oversight Liaison and Consul Office.  


• Ensure that the relationship with assigned member firms results in meaningful dialogue between FINRA, Member Supervision and industry representatives. Represent FINRA and Member Supervision during various speaking engagements, meetings, and conferences with industry representatives and the investing public.


• Ensure that the annual examination plan for their assigned firms is comprehensively risk assessed. 


• Coordinate with Examination Program Management and Market Regulation Management to ensure the examination plan for assigned firms is executed in a quality manner and established goals are met. 


• Monitor the overall operation and activities of the Risk Monitoring staff for their assigned firms.


• Ensure that the Risk Monitoring team is recruiting, developing, and retaining staff consistent with Member Supervision business needs. 


• Regularly participate in industry conferences and meetings in support of FINRA outreach initiatives. 


• Identify special  projects, surveys, committee assignments and technology initiatives impacting Risk Monitoring (i.e. the identification of technology needs by Risk Monitoring and the development of Business Requirements).


• Develop and support the effectiveness of the Risk Monitoring team for assigned firms. 

Education/Experience Requirements:

• MBA, JD, other graduate degree and/or relevant industry certification(s) considered


• Bachelor's Degree or an equivalent combination of education and experience required. Major in Accounting, Finance, Economics, Business Administration or related fields preferred.


• Significant securities, compliance or financial regulatory experience, and Significant experience managing projects and/or people

Knowledge Requirements:

• Functional knowledge of FINRA's nine risk fundamentals and how they relate to their respective firm group


• Advanced knowledge of securities rules and regulations and how they relate to their respective firm group


• Advanced knowledge of firm group business models, business lines, customer bases, products and services


• Advanced knowledge of rule changes and interpretations and how they relate to their respective firm group


• Advanced knowledge of industry wide events and trends affecting their respective firm group


• Expert knowledge of FINRA departments and their mandates

Skills Requirements:

• Expert ability to recognize and understand the relationship and impact between regulatory areas


• Expert ability to effectively liaise with internal and external parties


• Expert ability to identify and prioritize risk


• Expert interpersonal and leadership skills


• Expert ability to inspire and motivate direct reports


• Expert relationship building skills


• Expert ability to make timely decisions

For work that is performed in CA, CO, HI, MN, VT, IL, Jersey City, NJ, NY, NY, MD, Washington DC, 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.  

CA: Minimum Salary $171,900, Maximum Salary $351,200 

CO/HI/MN/VT*: Minimum Salary $149,600, Maximum Salary $292,600 

IL*: Minimum Salary $164,500, Maximum Salary $322,200 

Jersey City, NJ/NY, NY: Minimum Salary $179,600, Maximum Salary $351,200 

MD/Washington, DC: Minimum Salary $171,900, Maximum Salary $336,600 

WA: Minimum Salary $149,600, Maximum Salary $336,600 

 

*Including positions performed outside the state but reporting to an office or manager in that state.

  

Candidates can expect salary offers that range from the minimum to the mid-point of the salary range. FINRA provides full pay ranges so that the candidate can consider their growth potential while at FINRA. 

#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 www.finra.org/careers 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 240.386.4865 or by email at EmployeeRelations@finra.org. 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. Non-exempt employees are also eligible for overtime pay in accordance with federal, state, or local law. As part of its dedication to employee wellness, 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, commuter benefits, and other benefits that support employee wellness, such as adoption assistance, backup family care, surrogacy benefits, employee assistance, and wellness programs.

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, unless otherwise required by law (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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