Principal Advisor, Market Regulation
To assist the Vice President, Market Manipulation Group (â€MMGâ€), in the coordination and oversight of team initiatives, advise the VP on FINRA policy and applications of policies to the MMG, and represent MMG at meetings with internal and external constituents, particularly with the Enforcement Department in coordinating actions and developing investigations. Plan and coordinate MMG Staff activities to ensure consistency of work process and work product and the efficient flow of work and information among MMG staff and Enforcement personnel. Review and track cases referred to Enforcement for disciplinary action. Will also apply expert analytical skills and provide expert advice on case development to the VP, Directors and Staff within MMG. The Senior Counsel is responsible for written and oral communication with FINRA staff, member firms, and regulatory clients.
- Works with the VP and Senior Directors in MMG to coordinate the development of cases to ensure consistency of approach within MMG.Â Advises MMG Management and Staff on the formulation and development of investigations, including on behalf of regulatory clients.Â Â Â Â
- Reviews and evaluates policies and rules from a strategic, legal and business perspective as to the impact on MMG.Â Provide guidance regarding potential policy changes and advise MMG Management on procedural changes and best practices to comply with policies applicable to MMG.Â
- Participates in meetings with Enforcement regarding the development of significant actions and investigations, monitors Enforcement actions, and provides updates to the VP and Management in MMG on trends in sanctions and Enforcement actions.
- Review and provide feedback on Enforcement memoranda addressing proposed dispositions and sanctions for matters referred to Enforcement by all teams within MMG.Â
- Serve as liaison between MMG, Enforcement and clients.
- Provide guidance on complex investigations through all stages from inception to completion, including investigative techniques and approaches.Â
- Assess investigations across MMG to ensure consistency, timeliness and adequacy of investigation, identify potentially overlapping subject matter, patterns and potential respondents, and recommend consolidation of existing reviews across teams within MMG.Â
- Conduct legal research regarding cases involving relevant topic areas to MMG, Enforcement actions, trends and sanctions.Â Â
- Utilize experience and background to provide subject matter expertise to the MMG program.
- Serve on department and organization committees (i.e. RCM Champions, etc.).Â
- Draft ROC and other client updates.
- Coordinate with OGC, clients and the SEC to provide program updates, as needed.Â
- Participate in on-the-record testimony for MMG investigations, as needed.
- Assist analysts with drafting outlines to ensure the best possible evidence is obtained.
- Law degree and admission to the bar.
- Minimum of ten years of directly related experience with extensive regulatory experience.
- Excellent oral, written, and editing skills.Â
- Extensive working knowledge of federal securities laws, rules, and regulations relevant to MMGâ€™s regulatory activities.
- Excellent interpersonal skills.Â
- Demonstrated ability to oversee or assist with comprehensive reviews and investigations for potential violations of securities laws, rules and regulations.Â
Work is normally performed in an office environment.Â Extended hours and occasional travel may be required.
To be considered for this position, please submit a cover letter and resume. A writing sample may be required as part of the submission.
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 â€Apply Nowâ€ 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 FINRAâ€™s accommodation help line at 240.386.4865. Please note that this number is exclusively for inquiries regarding application accommodations.
In addition to a competitive salary, comprehensive health and welfare benefits, and incentive compensation, 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.
FINRAâ€™s Code of Conduct imposes restrictions on employeesâ€™ 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 Codeâ€™s investment and securities account restrictions, and new employees must comply with those investment restrictionsâ€"including disposing of any security issued by a company on FINRAâ€™s Prohibited Company List or obtaining a written waiver from their Executive Vice Presidentâ€"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 FINRAâ€™s Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the companyâ€™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 personâ€™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.
Â©2019 FINRA. All rights reserved. FINRA is a registered trademark of the Financial Industry Regulatory Authority, Inc.
Meet Some of FINRA's Employees
Sam D.Senior VP, Office of Fraud Detection & Market Intelligence
Sam leads the Insider Trading Surveillance Group. He and his team uncover and investigate insider trading to keep U.S. markets fair.
Back to top