Regulatory Coordinatore recruitment
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 a related discipline
- A minimum of 3 accounting classes
- 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.
- Challenging work environment, continuous learning, and constantly changing landscape.
- Dealings with senior industry management and become a part of ground breaking financial reform initiatives.
- Exposure to numerous areas of a broker-dealer's business.
- Team oriented work environment.
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. Please note: 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. As standard practice, employees must also complete FINRA's Employee Confidentiality and Invention Assignment Agreement 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.