Principal Investigator, Enforcement

The Principal Investigator performs investigative functions for all types of Enforcement cases in order to develop complete and factual investigative records. Non-complex matters are handled with minimal supervision or direction from managers.

*** Searching for a candidate with multiple years of experience in one or more of the following areas: market structure, trading algorithms, retail order routing logic, trading strategies, Alternative Trading Systems, Regulation NMS, Best Execution Rule ( Rule 5310), and/or Market Access Rule (Rule 15c3-5).

Essential Job Functions:

• Develop complete and accurate factual record, including independent development of non-complex matters.
• Determine and execute an effective risk-based investigative strategy;
• Identify key documents and compile evidence supporting any type of charge, demonstrating independent understanding of evidence, legal requirements, potential defenses and Principal Considerations;
• Draft requests for information that are clear, complete, and targeted;
• Draft clear and complete summaries of factual findings
• Accurately and objectively assess and communicate with legal staff re: areas of weakness or ambiguity in factual findings;
• Execute effective customer interviews;
• Plan for and participate in and/or conduct OTRs of witnesses, demonstrating mastery of factual record and ability to create an effective record;
• Ensure that Principal Considerations affecting sanctions are fully investigated;
• Accurately and succinctly discuss any case or issue in meetings with respondents and other stakeholders;
• Provide effective testimony in litigation
• Perform accurate data analysis in any matter, in accordance with well-established methodology, including independent analysis of non-complex matters.
• Conduct advanced analysis in accordance with well-developed methodology
• Identify and resolve questions about the best approach to data analysis in order to ensure consistency in matters across FINRA;
• Identify new investigative or analytics techniques as needed and assess the model for consistency with accepted approaches;
• Effectively describe data analysis and findings, noting exceptions or assumptions embedded in analysis;
• Identify interpretive or novel issues, and participate in discussions with other departments regarding interpretive issues;
• Communicate with other investigative units across FINRA to problem-solve and resolve conflicts in investigative approaches or inconsistent findings
• Efficiently complete all types of matters timely, independently completing non-complex investigations.
• Establish timelines and achieve them, including directing the work of other team members to progress the case
• in a timely fashion;
• Actively monitor investigations to ensure they are focused and targeted;
• Identify and escalate matters or issues that require re-prioritization, and recommend next steps or alternative approaches;
• Prioritize risks and needs appropriately;
• Provide work product that requires minimal change or re-direction;
• Avoid unnecessary investigative steps and identify necessary inquiries in real time;
• Contribute meaningfully to case discussions and meetings, facilitating efficient progress of the case
• Collaborate with legal staff to produce a sound factual record supported by a clear legal framework in all types of matters, including independent collaboration on non-complex matters.
• Partner with legal staff to plan investigation and fully develop the record in all matters, including matters involving complex fact patterns, new rules, multiple respondents, large numbers of customers or other affected parties, complex or new products, high likelihood of litigation, and high risk activity that requires urgent response
• Ensure that information requests are guided by a clearly defined legal framework;
• Incorporate legal guidance into investigation planning and execution throughout the course of the matter;
• Proactively identify and discuss relevant and accurate factual findings with legal staff;
• Provide clear and accurate factual findings to legal staff, and provide insight from industry experience and/or subject matter expertise to help objectively assess the sufficiency of evidence
• Demonstrate ability to perform independently in non-complex investigations, and provide high quality work in team-based matters.
• Conduct accurate investigation and analysis in any matter
• Identify opportunities to work with other staff or leverage other matters for more efficient results, and manage team’s work product;
• Ensure that team members’ contributions result in a consistent and coherent record and analysi