Examinations - Diversified Carrying and Clearing - Member Supervision

Company: Financial Industry Regulatory Authority, Inc.
Location: Jericho
Posted on: May 25, 2023

Job Description:

Exciting opportunity to join our Examinations Team focusing on Diversified, Carrying and Clearing Firms. FINRA is seeking individuals that have the ability to multi-task and work on several assignments concurrently while managing multiple deadlines both independently and as part of a team please. Utilizing these skills, you can be on the front lines of FINRA's Mission to protect investors and the integrity of the markets.

We have various levels of Examination Positions open. See below and apply to be considered.

Examiner - (Grade 44)

Essential Job Functions:

* Leads examinations of low risk and complexity with direct supervision
* Conducts and memorializes discovery and risk reviews of low risk and complexity
* Gathers regulatory intelligence using internal FINRA systems
* Analyzes and evaluates firm records (financial statements, purchase and sales blotters, correspondence, etc.) and systems (order management systems, supervisory alert systems, etc.)
* Identifies exceptions, observations, and other findings
* Completes key trainings
* Participates in meetings with firms
* Ensure regulatory programs serve departmental goals and FINRA's mission in an efficient and effective manner

Senior Examiner - (Grade 45)

Essential Job Functions:

* Leads examinations of low, and medium-low risk and complexity with moderate supervision
* Conducts and memorializes discovery and risk reviews of low to medium, low and medium-low risk and complexity
* Completes key trainings and learns to complete work independently
* Interviews firm personnel with moderate supervision
* Gathers regulatory intelligence using internal FINRA systems
* Analyzes and evaluates firm records (financial statements, purchase and sales blotters, correspondence, etc.) and systems (order management systems, supervisory alert systems, etc.)
* Ensure regulatory programs serve departmental goals and FINRA's mission in an efficient and effective manner.
* Identifies exceptions, observations, and other findings

Associate Principal Examiner - (Grade 46)

Essential Job Functions:

* Leads examinations of low, medium-low, and medium-high risk and complexity with moderate supervision
* Conducts and memorializes discovery and risk reviews of low to medium-high risk and complexity
* Serves as mentor to junior staff
* Interviews firm personnel independently
* Gathers regulatory intelligence using internal FINRA systems
* Analyzes and evaluates firm records (financial statements, purchase and sales blotters, correspondence, etc.) and systems (order management systems, supervisory alert systems, etc.)
* Identifies exceptions, observations, and other findings
* Completes key trainings
* Participates in meetings with firms
* Ensure regulatory programs serve departmental goals and FINRA's mission in an efficient and effective manner

Principal Examiner - (Grade 47)

Essential Job Functions:

* Leads examinations of low, medium-low, and medium-high risk and complexity with moderate supervision
* Conducts and memorializes discovery and risk reviews of low to medium-high risk and complexity
* Serves as mentor to junior staff
* Interviews firm personnel independently
* Gathers regulatory intelligence using internal FINRA systems
* Analyzes and evaluates firm records (financial statements, purchase and sales blotters, correspondence, etc.) and systems (order management systems, supervisory alert systems, etc.)
* Identifies exceptions, observations, and other findings.
* Completes key trainings
* Participates in meetings with firms
* Ensure regulatory programs serve departmental goals and FINRA's mission in an efficient and effective manner

Examiner - (Grade 44)

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
* Minimal securities, compliance, or financial regulatory experience

Knowledge Requirements:

* Basic knowledge of FINRA's risk fundamentals
* Basic knowledge of securities rules and regulations
* Basic knowledge of firm business models, business lines, customer bases, products, and services
* Basic knowledge of major review areas and the associated rule requirements
* Awareness and understanding of internal policies and protocols

Skill Requirements:

* Ability to effectively articulate matters with low degree of complexity through verbal and written communications

Senior Examiner - (Grade 45)

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.
* Moderate securities, compliance, or financial regulatory experience

Knowledge Requirements:

* Basic-to-intermediate or Functional knowledge of FINRA's risk fundamentals
* Basic-to-intermediate or Functional knowledge of securities rules and regulations
* Basic-to-intermediate or Functional knowledge of firm business models, business lines, customer bases, products and services
* Basic-to-intermediate or Functional knowledge of major review areas and the associated rule requirements
* Awareness and understanding of internal policies and protocols

Skill Requirements:

* Ability to effectively articulate matters with low to moderate degree of complexity through verbal and written communications
* Basic-to-intermediate 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 manage time effectively and complete assignments within budgeted timeframes, while learning to work independently
* Beginning to recognize and understand the relationship and impact between different regulatory areas

Associate Principal Examiner - (Grade 46)

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
* Moderate securities, compliance, or financial regulatory experience
* Experience is preferred but not required regarding merger & acquisition activity, private placement activity, product originator and wholesaling activity, or public finance activity

Knowledge Requirements:

* Intermediate knowledge of FINRA's risk fundamentals
* Intermediate knowledge of securities rules and regulations
* Intermediate knowledge of firm business models, business lines, customer bases, products, and services
* Intermediate knowledge of major review areas and the associated rule requirements
* Awareness and understanding of internal policies and protocols

Skill Requirements:

* Ability to effectively articulate matters with moderate degree of complexity through verbal and written communications
* Intermediate critical thinking, research, and analytical skills

Principal Examiner - (Grade 47)

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
* Advanced securities, compliance, or financial regulatory experience
* Advanced knowledge is preferred but not required regarding merger & acquisition activity, private placement activity, product originator and wholesaling activity, or public finance activity.

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

Grade 44

For work that is performed in CA, CO, 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 of $61,700, Maximum of $118,700

Colorado: Minimum of $55,800, Maximum of $98,900

New York, NY: Minimum of $67,000, Maximum of $118,700

Washington St: Minimum of $55,800, Maximum of $113,700

Grade 45

For work that is performed in CA, CO, 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 of $70,900, Maximum of $137,800

Colorado: Minimum of $64,300, Maximum of $114,800

New York, NY: Minimum of $77,100, Maximum of $137,800

Washington St: Minimum of $64,300, Maximum of $132,000

Grade 46

For work that is performed in CA, CO, 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 of $82,000, Maximum of $160,300

Colorado: Minimum of $74,600, Maximum of $133,500

New York, NY: Minimum of $89,500, Maximum of $160,300

Washington St: Minimum of $74,600, Maximum of $153,600

Grade 47

For work that is performed in CA, CO, 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 $95,500, Maximum Salary $187,800

Colorado: Minimum Salary $95,500, Maximum Salary $156,500

New York, NY: Minimum Salary $104,100, Maximum Salary $187,800

Washington: Minimum Salary $86,800, Maximum Salary $179,900

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.

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 accommodation help line at 240.386.4865. Please note that this number 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.

Keywords: Financial Industry Regulatory Authority, Inc., New Rochelle , Examinations - Diversified Carrying and Clearing - Member Supervision, Other , Jericho, New York