Associate General Counsel, Capital Markets

FINRA

86d • $177,100 - $361,700

About The Position

This position is responsible for directing and managing the complete life cycle of the adoption of new regulatory requirements. The incumbent provides expert knowledge to the Board of Governors and senior management, advising them on high-impact, legally and politically complex and sensitive regulatory initiatives and rule changes. This position is recognized by FINRA and the industry as the top/ primary expert in a particularly complex and unique subject matter area(s) pertaining to regulatory policy, rendering independent expert advice in these areas. The incumbent also would act under the supervision of the Senior Vice President and Director of Capital Markets as the primary coordinator of the policy and rulemaking functions within the Capital Markets Group of OGC, including overseeing preparation of board and committee materials, regulatory notices, rule filings, multiple NMS Plan participation, SEC outreach and economic impact assessments of rulemakings. The incumbent must have demonstrated ability to perform these functions with minimal or no supervision, as well as consistent demonstration of high-level independent judgment with the ability to take responsibility for the exercise of that judgment.

Requirements

• A law degree and appropriately licensed to practice law in all applicable jurisdictions based on the relevant licensing requirements.
• 10+ years of relevant legal experience.
• Highly developed expertise in a specialized area of knowledge that is both technically complex and central to the overall mission of the organization.
• Expert knowledge of rules, regulations and guidelines governing the securities industry.
• Excellent oral and written communication skills.
• Excellent interpersonal skills.

Responsibilities

• Advise the Board of Governors and FINRA advisory committees with respect to high-impact, legally and politically complex and sensitive regulatory initiatives and rule changes under consideration by the Board.
• Brief and communicate complex and sensitive regulatory initiatives to senior executives of FINRA.
• Serve as the key source of legal expertise within FINRA in one or more subject areas and provide independent expert advice on questions and issues as they arise.
• Represent FINRA before industry and self-regulatory organization/inter-market groups.
• Prepare and oversee the preparation of Board materials that contain sophisticated analyses and discussions of competing policy or political considerations necessary for the informed judgment of the issues by the Board.
• Draft and review the drafting of new rule proposals; gather and incorporate views of industry participants, other regulators, and senior staff; and prepare rule filings to the SEC.
• Serve as the primary coordinator in conducting economic impact assessments of rulemakings in the capital markets area of OGC, working closely with the Office of the Chief Economist.
• Prepare Regulatory Notices, rule guidance, and other correspondence with member firms and their outside counsel.
• Conduct legal and other research into matters of regulatory policy as necessary to develop rule proposals and to respond to internal and external comments.
• Take a leadership role in identifying and presenting original, creative, innovative, and sophisticated solutions and proposals for changes to existing rules.
• Provide expert-level legal counsel and assistance to projects and initiatives of other departments.
• Serve as primary liaison to FINRA committees as assigned.
• Lead and coordinate the efforts of other OGC legal staff in the completion of work projects.
• Analyze SEC, industry and other self-regulatory organization initiatives, and develop and maintain cooperative working relationships with other regulators.
• Be the recognized expert and attend and be a sought-out speaker at regulatory policy public conferences and meetings of FINRA committees on areas of subject matter expertise.
• Manage public communication of FINRA proposals and legal interpretations to member firms, members of the bar, the media, and other interested parties.

Benefits

• Comprehensive health, dental and vision insurance.
• Basic life, accidental death and dismemberment, supplemental life, spouse/domestic partner and dependent life insurance.
• Short- and long-term disability insurance.
• 401(k) plan with company match and eligibility for participation in an additional FINRA-funded retirement contribution.
• Tuition reimbursement.
• Commuter benefits.
• Adoption assistance.
• Backup family care.
• Surrogacy benefits.
• Employee assistance programs.
• Wellness programs.
• 15 days of paid time off, 5 personal days and 9 sick days.
• Two volunteer service days.
• Paid military leave, jury duty leave, bereavement leave, and childbirth and parental leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees