Senior Economist
Job Summary:
The primary duties of this position are to engage in statistical, econometric and financial analysis projects to evaluate the risks, costs and impacts of market practice and regulatory alternatives to assist establishing a defined process and in support a variety of department needs across FINRA.
Essential Job Functions:
The Senior Economist combines theoretical and empirical modeling skills to analyze securities markets, market participants and market microstructure. Analyses often involve developing and estimating models of the risks, costs and impacts of market practice and regulatory alternatives. In this position, the Senior Economist will serve as the primary liaison between the Office of the Chief Economist and the various offices across FINRA, including Market Regulation, Office of Emerging Issues, Office of Risk and others that have statistical and economic needs. The Senior Economist will be responsible for working on a variety of projects, including:
• Manage large scale data project design, implementation and analysis;
• Develop and manage methodologies to provide calculations and analysis of relevant statistics for economic impact assessment;
• Model and analyze data to provide solutions and answers in a variety of engagements;
• Work with middle and senior managers across the organization to assess their economic analysis needs and design, conceptualize, create and execute programs to meet them;
• Conduct research in support of FINRA’s mission;
• Exercise independent judgment in developing models to determine and track member firm and market behavior; write and publish reports on various economic and financial topics;
• Lead projects and teams that may include staff from across FINRA;
• Represent the Office of the Chief Economist in internal and industry-wide conferences, seminars, presentations and other speaking engagements;
• Present research findings to topic area experts, including securities industry professionals and other regulators;
• Publish research results for industry and public review;
• Other projects as needed.
Qualifications
Education/Experience Requirements:
The candidate should possess a PhD in economics, finance, statistics or a similar degree. The candidate should also be able to demonstrate ample experience in producing complete economic analyses, including project design and development, econometric modeling, statistical analysis, data collection and manipulation, programming, and written reports. A minimum of five to six years of direct experience is required.
The candidate must be comfortable working with a variety of people with varying skill and knowledge levels. The candidate must also be able to communicate well, both orally and in writing. The candidate must have the ability to handle multiple tasks under tight deadlines. We are seeking a self-starter who is comfortable working independently.
Working Conditions:
• Regular office conditions; some travel may be 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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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 an independent, non-governmental regulator for all securities firms doing business with the public in the United States. FINRA works to protect investors and maintain market integrity in a public-private partnership with the Securities and Exchange Commission (SEC), while also benefiting from the SEC’s oversight. In its role as investor guardian, FINRA is informed, but not influenced, by the industry that it regulates. FINRA’s independent regulation plays a critical role in America’s financial system–all at no cost to taxpayers.
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.
All told, FINRA oversees nearly 4,600 brokerage firms, about 164,000 branch offices and approximately 632,000 registered securities representatives. 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.
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 has approximately 3,000 employees and operates from Washington, DC, and New York, NY, with 20 regional offices around the country.
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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