Senior Vice President & Regional Director, Member Regulation, Sales Practice
Job Summary:
Lead, manage and direct the overall operations of the South Region's District Offices, including its core regulatory programs pursuant to FINRA guidelines and requirements, including leading and participating in national strategic and tactical initiatives. As a senior-level manager and FINRA officer, represent FINRA and Member Regulation before various constituents internally and externally.
The South Region’s regulatory jurisdiction covers approximately 820 member firms in the jurisdiction of four District Offices located in Atlanta, GA; Boca Raton, FL; Dallas, TX; and New Orleans, LA. Oversee approximately157 staff (Sales Practice staff only) and an annual operating budget of $26.5M.
Essential Job Functions:
- Serve as a key member of the senior management team in Member Regulation by providing strategic and tactical advice on how to achieve corporate and departmental goals and successfully implement regulatory programs. Develop and support the effectiveness of the department’s senior management team through collaboration, leveraging resources and teamwork. Work closely with other senior leaders throughout Regulatory Operations to support sharing of regulatory information.
- Assert critical leadership qualities to motivate staff, encourage teamwork and effectively communicate to staff. Develop and maintain a positive and supportive work environment and culture.
- Monitor and direct the overall operations and activities conducted by each District Office within the region including all regulatory programs and administrative operations. Ensure that the District Offices execute the annual examination plan including cycle, cause and special exams and sweeps with a focus on timeliness and quality.
- Ensure that resource and financial planning are executed properly within the Region, and that the key performance metrics are used to manage the tactical, daily operations of each District Office.
- Actively participate in developing and implementing operational excellence within Member Regulation.
- Constructively engage regional management teams to identify issues and problems and to devise solutions that can be adopted regionally and nationally.
- Ensure that managers recruit, develop and retain staff consistent with Member Regulation business needs. Actively lead and support staff development, including necessary training. Ensure that managers emphasize talent management by responsibly assessing staff talent, planning for succession and developing future leaders for Member Regulation. Ensure that top performers are properly rewarded and recognized and that under performers are developed, disciplined or terminated, consistent with FINRA policies and procedures.
- Ensure that preventive compliance programs are relevant and timely throughout the region. Positively represent FINRA and Member Regulation during various speaking engagements with industry representatives and the investing public.
- Ensure that the relationship with member firms results in meaningful dialogue between FINRA, Member Regulation and industry representatives.
- Serve as a primary contact with the SEC, state securities regulators, other SROs, law enforcement agencies and member firms within their region.
- Coordinate closely with the Directors of Member Regulation-Shared Services on a variety of strategic and tactical policy and procedural issues. Serve as a thought-leader in the Department.
- Lead or participate in ad hoc special projects and national initiatives, as requested.
Education/Experience Requirements:
- Bachelor's degree, preferably with a major in Finance, Accounting or Business. MBA, JD or other graduate degree preferred. A minimum of twelve (12) years of experience at FINRA, or in the securities/financial services industry with substantial knowledge of regulatory compliance in positions of increasing responsibilities.
- A minimum of eight (8) years management/supervisory experience required. Excellent written and verbal communication skills, including interpersonal skills and strong presentation skills. Exceptional organizational skills.
- Excellent leadership skills, including the ability to deal effectively with people, to make decisions, and find solutions, to encourage and support change, and to deal with problem situations involving member firms and individuals in situations. Must be a self-starter and able to administer a number of complex assignments concurrently, including unstructured assignments that require autonomy and independent judgment.
Working Conditions:
- Work is normally performed in an office environment. Frequent travel is required. Extended hours are 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.
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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 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 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
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