Principal Counsel- Litigation and Policy- Washington, DC

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The Financial Industry Regulatory Authority (FINRA) is seeking a well-qualified individual for our Principal Counsel- Litigation and Policy opening in Washington, DC . To be considered for this position, please submit your resume through our career site at - no phone calls, please.
Job Profile Summary
The Principal Counsel will handle various activities related to all aspects of Member Supervision's ("the Department,") non-disciplinary litigation docket, with some involvement in its guidance and counselling functions. This position is responsible for handling high impact litigation matters, including serving as a first chair litigator at hearings. This position also serves as lead trial attorney within Member Supervision. This is experienced-level professional work in which incumbents are developing their assigned roles, sharpening their skills, and working under managerial guidance.
Essential Job Functions:

  • Represent the Department in non-disciplinary litigation matters, in a first chair capacity.
  • Handle summary and non-summary expedited litigation proceedings, including appeals taken from FINRA's Membership Application Program.
  • Actively support and administer FINRA's Statutory Disqualification Program by drafting recommended decisions on Statutory Disqualification applications, and representing the Department at Statutory Disqualification hearings.
  • Conduct legal research and draft appellate briefs, memorandums of law, discovery responses, motions to dismiss Participate in the preparation of hearing exhibits to ensure that they are persuasive and sufficient to support the decisions rendered by other FINRA departments.
  • Provide interpretative advice and counsel to Member Regulation staff, FINRA membership, and other interested parties with respect to FINRA's rules
  • Provide regulatory guidance with respect to the federal securities laws and the rules and regulations thereunder.
  • Provide advice and counsel to senior management on the operational impact of rules and regulations.
  • Prepare legal and policy memoranda, letters, and other documents relating to the interpretation and administration of securities laws, rules, and regulations as well as to decisions of regulatory and quasi-judicial bodies.
  • Support the administration of RSA and 17d-2 agreements executed with other SROs by providing analysis of pertinent rules that are part of such agreements.
  • Represent Member Regulation in matters of common interest with the Office of General Counsel and the Department of Enforcement.
  • Perform special projects as assigned.


Education/Experience Requirements:

  • Law degree and admission to the bar of the highest court of any state or the District of Columbia.
  • A minimum of eight years relevant legal experience, with at least 3 of those years spent litigating cases in a first chair capacity, is required. Knowledge of the rules of evidence and litigation strategies is strongly preferred, as is general knowledge of broker/dealer sales practice rules and federal securities laws.
  • Strong verbal and written communication skills, as well as legal research and analytic skills are essential.
  • Excellent analytical and advocacy skills and attention to detail (i.e., ability to draft highly detailed formal documents that are thoroughly researched, carefully analyzed, correctly formatted and properly cited) are also essential.
  • Competence using a personal computer with the full suite of office software applications preferred.
  • Must be able to multi-task and possess good interpersonal skills.
  • Quick-Study/Self-Starter who can advance complex projects with minimal oversight.
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 "Apply Now" button on a job board posting does not take you directly to the FINRA Careers site, enter 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.
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.
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.
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.
FINRA is an independent, non-governmental regulator for all securities firms doing business with the public in the United States. FINRA works to protect investors and maintain market integrity in a public-private partnership with the Securities and Exchange Commission (SEC), while also benefiting from the SEC's oversight. In its role as investor guardian, FINRA is informed, but not influenced, by the industry that it regulates. FINRA's independent regulation plays a critical role in America's financial system-all at no cost to taxpayers.
FINRA touches virtually every aspect of the securities business-from registering and educating industry participants to examining securities firms; writing rules; enforcing those rules and the federal securities laws; informing and educating the investing public; providing trade reporting and other industry utilities; and administering the largest dispute resolution forum for investors and registered firms. FINRA uses technology powerful enough to look across markets and detect potential abuses. Using a variety of data gathering techniques, we work to detect insider trading and any strategies firms or individuals use to gain an unfair advantage.
In today's fast-paced and complex global economy, FINRA is a trusted advocate for investors, dedicated to keeping the markets fair and proactively addressing emerging regulatory issues before they harm investors or the markets. FINRA operates from Washington, DC, and New York, NY, with other offices around the country.
Find out more about us and how we work-and view our current openings-at .
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.
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