Senior Risk Specialist, Office of Risk Management recruitment
Job Summary:Assist in the design, development, enhancement, and implementation of key risk management operations. Support external engagement with government agencies, other self-regulatory organizations, exchanges, and regulated firms. Participate in, support, and lead national strategic and tactical initiatives as requested by management. Provide analysis and commentary on the details of risks across the entities of interest to FINRA (e.g., regulated firms and associated persons). Essential Job Functions:
- Assert critical leadership qualities to motivate self and team members to achieve results. Effectively lead teams, work effectively on teams, and encourage teamwork. Effectively communicate with team members and other staff. Help develop and maintain a positive and supportive work environment and culture.
- Lead and participate in the design, development, enhancement, and implementation of our risk management operations and logical risk framework. Develop and maintain logic to appropriately segment entities of interest to FINRA. Assess quality of risk models, scenarios, and related output. Lead the development and enhancement of risk-based regulatory packages consistent with established standards. Lead and support the coordination of work with internal/external stakeholders and strategic partners to develop risk models and scenarios in support of the risk organization's mandate to promote risk-based supervision of regulated firms and associated persons. Support the comprehensive and successful execution of the office's key risk programs in an efficient and effective manner.
- Demonstrate proficiency in risk management by the identification of new risk drivers in support of the overall risk framework and FINRA's strategic risk objectives. Provide thought leadership in, and keep current with, new and industry standard risk monitoring and surveillance techniques.
- Support management and others to inform internal and external constituents on overall program vision, strategy, operations, processes, and implementation status.
- Represent end users by identifying requirements and ensuring that project deliverables meet these requirements.
- Lead and participate in identification of requirements for, and design of, risk management technologies and tools.
- Engage team members and management to identify issues and problems and to devise solutions. Includes working with other groups to develop risk scores, profiles, peer comparisons, financial performance, exposures against limits, and other risk analyses.
- Lead and participate in ad hoc special projects and national initiatives, as requested.
- Coach and mentor less experienced analysts to enhance development and to ensure consistent achievement of established standards.
- Ensure all assigned activities are completed according to prescribed policies and standards.
- Coordinate and provide status reports of assigned tasks or projects.
- Maintain current knowledge of applicable business activities.
Qualifications Education/Experience Requirements:
- Bachelor's degree in economics, finance, business, management sciences, or risk management and a minimum of seven years of directly related compliance or risk management experience is required.
- Graduate or advanced degree is highly desirable.
- Front-office and/or trading experience highly desired.
- Advanced knowledge of FINRA/SEC rules and regulations, securities markets, brokerage firm operations, and books and records.
- Competence using a desktop computer with the full suite of office software applications is required.
- Excellent written and verbal communication skills.
- Effective leadership and team skills, including the ability to deal effectively with people, resolve issues, and support change.
- Must have strong analytical skills and be comfortable working with data.
Working Conditions:
- Work is normally performed in an office environment.
- Some travel is 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 requiredIn 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 FINRAThe 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