Regulatory Coordinator – Member Regulation – Dallas, TX recruitment

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.

•       A minimum of four years directly related experience in accounting, regulatory reporting, SEC Rules 15c3-1 (Net Capital) 15c3-3 (Customer Protection) and SEC Rule 17a-5 FOCUS.  Directly related experience in a regulatory, compliance or investigative role is highly desired, with securities industry experience preferred. A minimum of six years of securities, compliance or financial regulatory experience is required to be eligible for the Principal Regulatory Coordinator position.

•       Knowledge of rules and regulations relating to securities.

•       Ability to analyze member and member firms' financial, operational and sales practices for FINRA and SEC rule compliance.

•       Strong written and verbal communication skills.

•       Ability to independently examine major areas of member organizations.

•       Working knowledge of PC computer preferred.

Working Conditions:

•       Work is normally performed in an office environment, with extended hours, when necessary.

•       Some travel required.

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.

In addition to a competitive salary, comprehensive health and welfare benefits, and incentive compensation, 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