Senior Principal Analyst, Risk Monitoring – Large Diversified – All FINRA Locations

Responsible for conducting risk monitoring activities and ongoing risk assessments of FINRA members reporting to a Risk Monitoring Director, with emphasis on lead role for FINRA's highest impact, highest risk, and/or complex firms.

Essential Job Functions:

• This is the most senior-level position reporting to a Risk Monitoring Director and supports both the Risk Monitoring Director and Vice President in identifying existing and emerging risks, and interactions with internal and external parties.  Although not a direct manager of staff, this position provides leadership to risk monitoring execution based on experience and technical proficiency.

• Conducts, as well as collaborates and leads risk monitoring activities for FINRA's highest impact, highest risk, and/or complex firms with no guidance and minimal supervision of a Risk Monitoring Director.

• Collaborates with internal departments on a continuous basis to analyze, communicate and make recommendations with respect to regulatory intelligence unique to FINRA's highest impact, highest risk, and/or complex firms.  

• Based on technical proficiency, proactively and continuously shares expertise by mentoring, coaching, training, developing, and acting as a resource to more junior level risk monitoring staff.   

• Leads special projects including but not limited to, internal and external requests for intelligence within a Firm Grouping in response to market and industry events (e.g., Brexit, emerging product risks, trading volatility, rule development, cyber incidents, etc.) 

• Consistently demonstrates innovation by raising important issues to Risk Monitoring Director that may lead to special initiatives at a National and Firm Group level. 

• Serve as a proxy for Risk Monitoring Directors in meetings on firms or examinations. 

•  Responsible for conveying risk in communications with external regulators (e.g., Federal Reserve, DTCC, OCC, SEC, NFA, CFTC, etc.) that are stakeholders unique to FINRA's largest impact, highest risk, and/or complex firms. 

Education/Experience Requirements:

• Bachelor's Degree in Finance, Accounting, Business or related field(s), or equivalent combination of education and relevant experience required. Graduate degree (MBA or JD) and/or relevant industry certification(s) preferred.

• Prior experience in FINRA's Exam and/or Risk Monitoring program preferred.

• Demonstrated advanced analytical skills and experience in the financial industry, absorbing/processing regulatory developments and applying them to complex business models.

• Demonstrated experience relating to one or more of the inherent industry risks (e.g. Fraud and Deception, Money Laundering, and Market).

Knowledge Requirements:

• Expert knowledge of FINRA's risk fundamentals.

• Advanced-to-Expert knowledge of securities rules and regulations.

• Advanced knowledge of firm business models, business lines, customer bases, products and services.

• Intermediate-to-Advanced knowledge of U.S. GAAP accounting standards.

Skill Requirements:

• Proactively engage and work effectively with senior business management, across departments, and with staff in multiple locations, including partnering and collaborating with various internal departments for the identification and trending of industry and business model risks for summation and reporting to senior management.

• Advanced written and verbal communication, financial analysis, and research skills.

• Self-starter and able to administer very complex assignments concurrently, including unstructured assignments that require autonomy and independent judgment.

• Advanced-to-Expert ability to analyze internal and external data to assess inherent risks of member firms and develop regulatory responses to address higher risk areas.

• Be proactive & solutions-oriented; innovative; collaborative and energized by the open exchange of ideas.

• Intermediate-to-Advanced level proficiency in Microsoft Excel and Microsoft Word.

• Advanced-to-Expert quantitative, analytical, problem solving skills, including the ability to accumulate, organize, and assimilate large amounts of information.

For work that is performed in CA, CO, HI, MN, VT, IL, Jersey City, NJ, NY, NY, MD, Washington DC, 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 experi