Principal Trading Reg Liaison, T&E

Company: Financial Industry Regulatory Authority, Inc.
Location: Jersey City
Posted on: June 19, 2022

Job Description:

The Trading Regulatory Liaison ("TRL") position within TFCE is an individual serving the main point of contact between TFCE and other FINRA departments, including other Market Regulation sections, on trading related issues concerning exams, as well as interact with Shared Services and Member Regulation and TFCE FinOp Regulatory Coordinators, and serve as FINRA's primary liaisons for member firms. The TRL is responsible for identifying the regulatory risks at firms as part of the risk-based examination planning process. This involves leading exam planning meetings and providing recommendations and extensive input to TFCE managers and staff regarding exam focusing of risk-based content.

Essential Job Functions:

* Prepare risk-based examination planning packages of relevant member firms, gather regulatory intelligence and data related to risk from Regulatory Coordinators, QOM surveillance staff, client market surveillance staff, SRMG, and Options Regulation. This information may include items such as recent filings detailing firm business changes, SEC exam reports, open investigations and surveillance alerts.
* Assist in researching, review and analyze examination findings and investigative results, disciplinary history, trends, registration and other relevant data to determine the relevant risks of the firm. Collect, reconcile, and analyze information including broker-dealer documents, trading and financial information, as well as internal FINRA documents to assist the examiner in the analysis of an investigation.
* Serves as the main point of contact to communicate firm information between the Regulatory Coordinator and TFCE exam staff. Manage and conduct moderate investigative work and assist other TFCE personnel on more complex investigative work.
* Assist TFCE Manager to resolve problematic situations; such as, firm remediation related to systemic issues, communication and/or response issues with the firm, and researching FINRA Rule interpretation issues that arise.
* Participate in the onsite examination, and attend exam exit meetings, interpretive discussions and other meetings with member firms.
* Lead exam planning meetings and provide expert level knowledge directing exam staff regarding the Risk Scoping of examinations through identifying and relaying trading risk areas to exam staff. Complete investigations by consolidating the various factual details of an investigation into a final investigative report.
* Support TFCE investigations, including the review and interpretation of data to determine potential violations of securities rules.
* Proficient knowledge of regulatory risks of the products offered by and the business activities of relevant member firms.

Education/Experience Requirements:

* Bachelor's degree in Finance, Economics, or Business or equivalent work experience in the financial industry demonstrating research/analytical skills.
* A minimum of seven years of directly related experience. Extensive knowledge of relevant rules and regulations enforced by FINRA
* Extensive knowledge of securities markets, member firm operations, books and records.
* Ability to initiate and complete quality reviews.
* Strong organizational and interpersonal skills.
* Demonstrated ability to successfully lead special projects.
* Competence using a desktop computer with the full suite of office software applications.

Work Conditions:

* Work is normally performed in an office environment.
* Extended hours and occasional travel is required.

#LI-Hybrid

To be considered for this position, please submit an application.

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 also provides a variety of benefits including comprehensive health and welfare benefits, life and disability insurance, paid holidays, vacation, personal, and sick leave. FINRA offers immediate participation and vesting in a 401(k) plan with company match. You will also be eligible for participation in an additional FINRA-funded retirement contribution, our tuition reimbursement program and many other benefits. If you would like to contribute to our important mission and work collegially in a professional organization that values intelligence, integrity and initiative, consider a career with FINRA.

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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Keywords: Financial Industry Regulatory Authority, Inc., Jersey City , Principal Trading Reg Liaison, T&E, Other , Jersey City, New Jersey