Senior Director, Security-Based Swaps - Market Regulation - Any FINRA Location
Company: Financial Industry Regulatory Authority, Inc.
Location: Rockville
Posted on: January 25, 2023
Job Description:
To supervise the generation and progression of regulatory
reviews related to trading in security-based swaps and other
products conducted by team within FINRA's Market Regulation &
Transparency Services (MRTS) Business Unit to ensure that member
firms and regulatory clients are complying with relevant rules and
regulations enforced by FINRA and that FINRA is in compliance with
its own regulatory obligations. To identify regulatory trends and
issues that warrant action by the responsible teams to ensure that
FINRA is appropriately responsive to market developments and that
automated surveillance tools continue to be deployed by the
assigned teams in an effective and meaningful manner. To administer
directives and policies established by MRTS to ensure the effective
and efficient functioning of assigned teams.Essential Job
Functions:
- Manage a supervisory structure for assigned teams that is
designed to ensure that top quality cases are completed in a timely
manner.
- Manage the staff in the use and deployment of automated
surveillance tools and the creation of new automated surveillance
programs.
- Adapt regulatory programs within the assigned department to new
rules and initiatives.
- Supervise the maintenance of updated operating procedures for
the teams within the assigned department.
- Work with the staff and industry representatives to identify
regulatory issues that warrant action by the assigned
teams/department.
- Manage the allocation of resources within assigned
teams/department.
- Manage and monitor expenditures relative to budgeted amounts
and assist the senior management in preparing annual budgets for
the section.
- Ensure that work processes are handled effectively, seek
continual improvements to such processes, and ensure that the
section's core responsibilities are met.
- Integrate FINRA corporate initiatives into the assigned teams
when such opportunities arise.
- Serve as a spokesperson for the assigned department at industry
functions and, when necessary, with the SEC and other regulatory
entities.
- Act as a client interface to those markets for which the
assigned department provides regulatory services.
- Coordinate with FINRA's Office of General Counsel and
Enforcement's Legal Section in connection with requests for
interpretive advice and the establishment of regulatory policies
and practices.Education/Experience Requirements:
- Undergraduate degree required.
- Minimum ten (10) years of experience in the
securities/financial services industry required with substantive
knowledge of regulatory compliance in positions of increasing
responsibilities.
- A minimum of five (5) years supervisory experience
required.
- Most recent position in a management capacity with demonstrated
project management, process improvement, and goal attainment
skills.
- Extensive working knowledge of FINRA and other SRO rules and
the Securities Exchange Act of 1934 and the rules and regulations
thereunder.
- Requires excellent written and verbal communications skills,
including interpersonal and presentation skills.
- Strong organization skills with excellent detail
orientation.Working Conditions:
- Office environment.
- Work outside of normal business hours anticipated.
- Some day/overnight travel may be required.The salary for this
position if the work is performed in New York, New York is a
minimum of annually $168,400 to a maximum of $329,400 annually
actual compensation is based on various factors, including but not
limited to, the candidate's skill set, level of experience,
education and internal peer compensation comparisons.#LI-HybridTo
be considered for this position, please submit an application. 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 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 FINRA's
accommodation help line at 240.386.4865. Please note that this
number is exclusively for inquiries regarding application
accommodations.Employees may be eligible for a discretionary bonus
in addition to base pay. FINRA also provides a variety of benefits
including comprehensive health and welfare benefits, life and
disability insurance, paid holidays, vacation, personal, and sick
leave. 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 InformationFINRA'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.You can read more about these restrictions .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.Search Firm RepresentativesPlease 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
EmployerAll 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. -2020
FINRA. All rights reserved. FINRA is a registered trademark of the
Financial Industry Regulatory Authority, Inc.
Keywords: Financial Industry Regulatory Authority, Inc., Rockville , Senior Director, Security-Based Swaps - Market Regulation - Any FINRA Location, Executive , Rockville, Maryland
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