Principal Trading Regulatory Liaison (TRL), T&E - Any Finra Location

The Principal Trading Regulatory Liaison (“TRL”) position within T&E (“Trading & Execution”) is an experienced individual contributor role, serving as the main point of contact between T&E and other FINRA departments, including Member Supervision, Market Regulation, and Enforcement, on trading related issues concerning exams; interacting with other Firm Exam, Specialists and Operations teams within Member Supervision; and serving as FINRA’s primary liaisons for member firms and RSA Exchanges. The TRL is responsible for identifying and recommending the regulatory risks at firms as part of the risk-based examination planning process. This involves leading exam planning meetings and providing recommendations and extensive input to T&E managers and staff regarding exam focusing of risk-based content.

Essential Job Functions:

• Prepare risk-based examination planning packages of relevant member firms, gather regulatory intelligence and data related to risk from Risk Monitoring, Market Regulation Surveillance, and client market surveillance staff. This information may include items such as recent filings detailing firm business changes, SEC exam reports, open investigations, and surveillance alerts.
• Conduct preliminary research; and review and analyze examination findings and investigative results, disciplinary history, trends, registration, and other relevant data to determine the relevant risks of the firm. Collect, reconcile, and analyze information including broker-dealer documents, trading, and financial information, as well as internal FINRA documents to assist the exam in the analysis of an investigation.
• Serve as the main point of contact to communicate firm information between Risk Monitoring and T&E exam staff. Manage and conduct complex investigative work and assist other T&E personnel as an expert on more complex investigative work.
• Assist with first level management reviews of examinations and investigations.
• Advise T&E Management on problematic situations, such as firm remediation related to systemic issues, communication and/or response issues with the firm, and researching FINRA Rule interpretation issues that arise.
• Participate in onsite examination as needed, and attend exam exit meetings, interpretive discussions and other meetings with member firms.
• Lead exam planning meetings and provide expert level knowledge directing exam staff regarding the Risk Scoping of examinations through identifying and relaying trading risk areas to exam staff. Complete investigations by consolidating the various factual details of an investigation into a final investigative report.
• Advise on T&E investigations, including the review and interpretation of data to determine potential violations of securities rules.
• Advanced knowledge of regulatory risks of the products offered by and the business activities of relevant member firms.
• Develop T&E examination procedures and serve as a liaison to the Regulatory Programs Department to develop, track and implement Exam Workspace risk reviews.
• Participate and question potential witnesses for both on- and off-the-record testimonies.

Education/Experience Requirements:

• Bachelor’s degree in Finance, Economics, or Business or equivalent work experience in the financial industry demonstrating research/analytical skills.
• A minimum of seven years of directly related experience. Extensive knowledge of relevant rules and regulations enforced by FINRA.
• Extensive knowledge of securities markets, member firm operations, books and records. Ability to initiate and complete quality reviews.
• Strong organizational and interpersonal skills. Demonstrated ability to successfully lead special projects.
• Competence using a desktop computer with the full suite of office software applications.

Work Conditions

• Work is normally performed in an office environment.
• Extended hours and occasional travel is required.

For work that is performed in CA, Washington, DC, CO, HI, New York, NY and WA, the chart below outlines the proposed salary range for the corresponding location. In addition to location, 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.

California: Minimum Salary $106,400, Maximum Salary $200,200

Washington, DC: Minimum Salary $106,400 Maximum Salary $191,800

Colorado/Hawaii: Minimum Salary $92,500, Maximum Salary $166,800

New York, NY: Minimum Salary $111,