Regulatory Coordinator – Member Regulation, Sales Practice
Regulatory Coordinators monitor and evaluate the financial and 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.
- Understand the regulatory risks of the products offered by and business activities of assigned member firms.
- 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.
- Train or mentor newly hired coordinators; advise and assist other coordinators in monitoring and analyzing assigned member firms.
- Participate in planning examinations of assigned member firms
- Attend exam exit meetings, interpretive discussions and meetings with member firms
Qualifications
Education/Experience Requirements:
- Bachelor’s degree in Finance, Accounting, Business Administration or an equivalent combination of education and experience.
- Directly related experience in a regulatory, compliance or investigative role in securities is highly preferred.
- Excellent interpersonal, written and verbal communication skills and computer proficiency are essential.
- Applicants must achieve an acceptable rating on a pre-employment assessment of writing skills.
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 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.
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FINRA strives to make our career site accessible to all users. If you need a disability-related accommodation for completing the application process, please contact FINRA's accommodation help line at (240) 386-4865. Please note that this number is exclusively for inquiries regarding application accommodations.
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.
Important Information
FINRA’s Code of Conduct imposes restrictions on employees’ investments and requires financial disclosures that are uniquely related to our role as a securities regulator. FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain, and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. All of those accounts are subject to the Code’s investment and securities account restrictions, and new employees must comply with those investment restrictions—including disposing of any security issued by a company on FINRA’s Prohibited Company List or obtaining a written waiver from their Executive Vice President—by the date they begin employment with FINRA. Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment.
As standard practice, employees must also execute FINRA’s Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company’s policy on nepotism.
About FINRA
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.
Find out more about us and how we work-and view our current openings-atwww.finra.org/careers.
Search Firm Representatives
Please be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA. All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA.
FINRA is an Equal Opportunity and Affirmative Action Employer
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