Principal Analyst, Risk Monitoring

FINRA • New York City, NY

4d • Hybrid

About The Position

Responsible for conducting risk monitoring activities and ongoing risk assessments of FINRA members reporting to a Risk Monitoring Director. This is a senior-level position reporting to a Risk Monitoring Director and supports both that direct manager in identifying existing and emerging risks, and interactions with internal and external parties. Conducts risk monitoring activities, that can include complex or elevated risk firms with guidance and minimal supervision of a Risk Monitoring Director or designee. Collaborates with internal departments to analyze, communicate and make recommendations with respect to regulatory intelligence. Mentor and coach more junior level risk monitoring staff. Serve in leadership roles related to special projects and technology initiatives. Ability to perform as part of a team conducting monitoring (including coordination with specialists) to execute against risks of assigned firms. Demonstration of FINRA’s values. Collaboration, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.

Requirements

• Bachelor's Degree in Finance, Accounting, Business or related field(s), or equivalent combination of education and relevant experience required.
• Demonstrated analytical skills and experience, including financial industry, absorbing/processing regulatory developments and applying them to complex business models.
• Demonstrated experience relating to one or more of the inherent industry risks (e.g. Fraud and Deception, Money Laundering, and Market).
• FINRA Securities Industry Essentials (SIE) certification or acceptable industry equivalent certification is required upon hire or within 16 months of the start date of the assigned SIE training cohort.
• Advanced knowledge of FINRA's risk fundamentals.
• Intermediate-to-Advanced knowledge of securities rules and regulations.
• Intermediate-to-Advanced knowledge of firm business models, business lines, customer bases, products and services.
• Intermediate knowledge of U.S. GAAP accounting standards.
• Ability to engage and work effectively with senior business management, across departments, and with staff in multiple locations, including partnering and collaborating with various internal departments for the identification and trending of industry and business model risks for summation and reporting to senior management.
• Intermediate written and verbal communication, financial analysis, and research skills.
• Self-starter with ability to administer complex assignments concurrently, including unstructured assignments that require autonomy and independent judgment.
• Intermediate-to-Advanced ability to analyze internal and external data to assess inherent risks of member firms and develop regulatory responses to address higher risk areas.
• Be proactive & solutions-oriented; innovative; collaborative and energized by the open exchange of ideas.
• Intermediate-to-Advanced level proficiency in Microsoft Excel and Microsoft Word.
• Intermediate-to-Advanced quantitative, analytical, problem solving skills, including the ability to accumulate, organize, and assimilate large amounts of information.

Nice To Haves

• Graduate degree (MBA or JD) and/or relevant industry certification(s) preferred.

Responsibilities

• Conducts risk monitoring activities, that can include complex or elevated risk firms with guidance and minimal supervision of a Risk Monitoring Director or designee.
• Collaborates with internal departments to analyze, communicate and make recommendations with respect to regulatory intelligence.
• Mentor and coach more junior level risk monitoring staff.
• Serve in leadership roles related to special projects and technology initiatives.
• Ability to perform as part of a team conducting monitoring (including coordination with specialists) to execute against risks of assigned firms.
• Demonstration of FINRA’s values.
• Collaboration, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.

Benefits

• comprehensive health, dental and vision insurance
• 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.
• immediate participation and vesting in a 401(k) plan with company match
• eligibility for participation in an additional FINRA-funded retirement contribution
• tuition reimbursement
• commuter benefits
• adoption assistance
• backup family care
• surrogacy benefits
• employee assistance
• wellness programs
• 15 days of paid time off
• 5 personal days
• 9 sick days
• two volunteer service days
• 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)
• childbirth and parental leave (available after 90 days of employment)
• nine paid holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Senior