Regulatory Coordinator, Member Regulation
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FINRA is seeking a well-qualified individual for our Regulatory Coordinator opening in our Kansas City, MO office. To be considered for this position, please submit your resume through our career site at www.finra.org/careers - no phone calls, please.
Job Summary:
Regulatory Coordinators monitor and evaluate the financial, operational and sales practice condition of member firms through continuous communication with member firm management and the review and analysis of regulatory filings and other data obtained from member firms. This position requires frequent contact and interaction with management of assigned member firms.
Essential Job Functions:
•Review and analyze financial reports and other relevant data to ensure compliance with FINRA and SEC rules and regulations. •Identify member firms' potential financial or operational difficulties as well as monitor and evaluate mergers, acquisitions, conversions and significant expansions of business. •Review and analyze complaints, trends, registration data and other relevant data. •Provide FINRA management with current firm information and assist FINRA management in resolving problem situations. •Act as a liaison with assigned member firms; provide interpretations of FINRA rules, SEC rules and other applicable regulations, and assist member firms in conducting business within regulatory guidelines. •Prepare risk-based examination planning packages of assigned member firms, conduct planning meetings and participate in member firm examinations. •Review, analyze, and communicate examination findings to member firms' senior management. •Evaluate firm responses to examination reports to determine if corrective action is satisfactory and if further regulatory action is warranted. •Analyze and evaluate new products to determine compliance with established rules and regulation. •Review and analyze membership applications for the financial/operational/sales practices status of applicants. •Coordinate implementation of RQR responses affecting surveillance staff, including updating Coordinator procedure manual. •Take a leadership role in special projects, surveys, committee assignments and technology initiatives. •Train new surveillance staff members, including cross-training participants and new coordinators; advise and assist other coordinators in monitoring and analyzing assigned member firms. •Supervise Unit's Surveillance Assistant/Associate Regulatory Coordinator, including evaluating performance in completing assigned duties; supervise Summer Intern and/or other support staff. •Assist Surveillance Directors in Alert Reporting process, including identifying firms that qualify for Alert/Early Warning List, establishing interim reporting and reviewing drafts of Alert Report. •Participate in planning examinations of assigned member firms and attend planning meetings for non-assigned firms as proxy for Surveillance Director, when needed. •Attend exam exit meetings, interpretive discussions and meetings with member firms as proxy for Surveillance Director, when needed. •Assist Surveillance Director in review of new firm applications, Enforcement Undertakings and Enforcement Referrals, and similar items. •Work with division staff on special projects, as requested.
Qualifications
Education/Experience Requirements:
•Bachelor's Degree in Accounting, Finance or Business Administration preferred with a minimum of six credits in accounting.
•Directly related experience in a regulatory, compliance, or investigative role in securities is highly preferred. •Knowledge of rules and regulations relating to securities. •Ability to analyze member and member firms' financial, operational and sales practices for FINRA and SEC rules. •Ability to independently examine major areas of member organizations. •Excellent interpersonal, written and verbal communication skills and computer proficiency are essential. Working Conditions:
•Work is normally performed in an office environment, with extended hours, when necessary.
•Some travel required
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 Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. FINRA's mission is to protect America's investors by making sure the securities industry operates fairly and honestly. All told, FINRA oversees nearly 4,600 brokerage firms, about 164,000 branch offices and approximately 632,000 registered securities representatives.
FINRA's independent regulation plays a critical role in America's financial system and 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. We also perform market regulation under contract for the major U.S. stock markets, including the New York Stock Exchange, NYSE Arca, NYSE Amex, The NASDAQ Stock Market and the International Securities Exchange.
FINRA has approximately 3,000 employees and operates from Washington, DC, and New York, NY, with 20 regional offices around the country.
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 is an Equal Opportunity and Affirmative Action Employer
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