Principal Analyst, Risk Monitoring

FINRA•Chicago, IL

6d•Hybrid

About The Position

The Principal Analyst, Risk Monitoring conducts risk monitoring activities and ongoing risk assessments of FINRA members, reporting to a Risk Monitoring Director. This senior-level role supports the director in identifying existing and emerging risks and facilitates interactions with internal and external parties. The analyst may monitor complex or elevated-risk firms with guidance and minimal supervision, and works with internal departments to analyze and communicate regulatory intelligence and make recommendations. The role includes mentoring and coaching junior risk monitoring staff, leading special projects and technology initiatives, and working on teams—including coordinating with specialists—to monitor assigned firms and address their risks. The position requires collaboration, both in person and virtually, in support of FINRA’s investor-protection and market-integrity mission, and demonstration of FINRA’s values. The work environment is hybrid, with defined in-person presence requirements. The posting lists location-specific salary ranges from $97,700 to $211,400, depending on location. Employees may be eligible for a discretionary bonus. FINRA also describes a comprehensive benefits program, paid time off and leave, and full-time paid holidays. Employment is subject to FINRA’s Code of Conduct restrictions and financial disclosure requirements, including securities-account disclosures and restrictions.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or a related field, or an equivalent combination of education and relevant experience.
Demonstrated analytical skills and experience, including financial-industry experience and the ability to absorb and process regulatory developments and apply them to complex business models.
Demonstrated experience relating to one or more inherent industry risks, such as fraud and deception, money laundering, or market risk.
FINRA Securities Industry Essentials (SIE) certification or acceptable industry-equivalent certification required upon hire or within 16 months of the start date of the assigned SIE training cohort.
Advanced knowledge of FINRA risk fundamentals.
Intermediate-to-advanced knowledge of securities rules and regulations and of firm business models, business lines, customer bases, products, and services.
Intermediate knowledge of U.S. GAAP accounting standards.
Ability to work effectively with senior business management, across departments, and with staff in multiple locations, including collaboration to identify and trend industry and business-model risks for reporting to senior management.
Intermediate written and verbal communication, financial analysis, and research skills.
Ability to manage concurrent complex assignments, including unstructured work requiring autonomy and independent judgment.
Intermediate-to-advanced ability to analyze internal and external data, assess member-firm inherent risks, and develop regulatory responses for higher-risk areas.
Proactive, solutions-oriented, innovative, collaborative approach and enthusiasm for open exchange of ideas.
Intermediate-to-advanced proficiency in Microsoft Excel and Microsoft Word.
Intermediate-to-advanced quantitative, analytical, and problem-solving skills, including the ability to accumulate, organize, and assimilate large amounts of information.

Nice To Haves

Graduate degree, such as an MBA or JD.
Relevant industry certifications.

Responsibilities

Conduct risk monitoring activities and ongoing risk assessments of FINRA member firms.
Support the Risk Monitoring Director in identifying existing and emerging risks and interacting with internal and external parties.
Monitor complex or elevated-risk firms with guidance and minimal supervision from a Risk Monitoring Director or designee.
Collaborate with internal departments to analyze and communicate regulatory intelligence and make recommendations.
Mentor and coach junior risk monitoring staff.
Serve in leadership roles on special projects and technology initiatives.
Work as part of a monitoring team, including coordinating with specialists, to address risks at assigned firms.
Collaborate in person and virtually in support of FINRA’s investor-protection and market-integrity mission.
Demonstrate FINRA’s values.

Benefits

Comprehensive health insurance.
Dental insurance.
Vision insurance.
Basic life, accidental death and dismemberment, supplemental life, spouse/domestic partner and dependent life, and related accidental death and dismemberment insurance.
Short- and long-term disability insurance.
Long-term care insurance.
Business travel accident insurance.
Legal insurance.
401(k) plan with immediate participation and vesting, and company match.
Eligibility to participate in an additional FINRA-funded retirement contribution.
Tuition reimbursement.
Commuter benefits.
Adoption assistance.
Backup family care.
Surrogacy benefits.
Employee assistance and wellness programs.
Paid time off starting at 15 days, increasing with years of service up to 25 days.
Five personal days and nine sick days, prorated in the first year where applicable.
Two volunteer service days for employees on a full-time schedule.
Paid military, jury duty, bereavement, voting and election official, family-member care, childbirth, and parental leave, subject to stated eligibility and availability conditions.
Nine paid holidays for full-time employees.
Employees may be eligible for a discretionary bonus.
Non-exempt employees are eligible for overtime pay in accordance with applicable law.