Description
Seeking meaningful work that aligns with your values? At FINRA, we protect investors and ensure market integrity as a not-for-profit regulator under SEC oversight. We stand at the intersection of broker-dealers, policymakers, and investors—uniquely positioned to foster vibrant, fair markets while supporting innovation.
FINRA is hiring a Senior Regulatory Policy Specialist to work in a hybrid model based out of our Washington, DC office.
The Senior Regulatory Policy Specialist provides high quality advice and support to OGC’s Regulatory Policy and Capital Markets Group attorneys with respect to rulemaking and interpretive functions for the organization, and assists in providing legal and advisory support to other FINRA departments and committees, and interpretive guidance to FINRA members and others. This entails applying substantial knowledge and analytical skills regarding various rules, regulations and procedures to ensure that regulatory filings and projects are properly managed and administered.
The Senior Regulatory Policy Specialist also represents OGC both within and outside of FINRA. Additionally, the Senior Regulatory Policy Specialist assists with the training of the department’s analyst staff.
The Senior Regulatory Policy Specialist must have demonstrated strong project management skills enabling the individual to work independently on complex and sensitive projects on a regular basis.
Essential Job Functions:
- Provides high quality support to OGC’s Regulatory Policy and Capital Markets attorneys, including reviewing or assisting in drafting rule filings and related documents for submission to the SEC, ensuring that all documents are prepared in accordance with required format and include appropriate citations.
- Provides support to OGC by performing sophisticated research of regulatory issues raised under federal securities laws and regulations, FINRA rules, and other relevant market rules, and provides thorough analyses of issues, rules, and policies.
- Drafts well-written memoranda and comment summaries and assists with responses to comments, displaying advanced understanding of FINRA rules and procedures.
- Assists in drafting Board Action Items and other materials for submission to FINRA Board, as well as Regulatory Notices and similar communications.
- Assists in coordinating with the Office of Regulatory Economics and Market Analysis (REMA) regarding inclusion of economic impact assessments in rulemakings and related documents.
- Keeps abreast of and analyzes SEC, industry, and other self-regulatory organization initiatives.
- Demonstrates project management skills by monitoring timeframes for completion of projects, publication of Regulatory Notices, and resolution of issues.
- Plays a substantial role in supporting complex and high-profile rule filings, and other sensitive projects within FINRA. Proofreads rule filing related documents before posting on the FINRA website and distribution to the public.
- Updates OGC’s rule filing templates in response to changes in SEC rules and procedures, as necessary.
- Tracks and monitors securities regulation issues before the FINRA Board and SEC.
- Creates, updates, and distributes various departmental status reports used to inform recipients of the status of various rule filing and regulatory matters.
- Takes initiative in identifying the need to amend or adopt department procedures or reports.
- Provides support for OGC by representing the department in matters in company-wide task forces and projects, and coordinating with management and appropriate staff to prepare for regulatory reviews or oversights.
- Undertakes special projects, as requested, by Executive and Senior Management, such as supporting FINRA’s role in international initiatives.
Other Responsibilities:
- Responds to general inquiries regarding FINRA rules and procedures from other departments and the general public. These inquiries require a substantial knowledge base of rules and procedures.
- Assists Legal Support Manager with interviewing, training, and supervision of regulatory analyst staff, as needed.
- Takes minutes or notes for various committee and other meetings.
- May assist the Fixed Income Regulation Group or Appellate Group with research or other projects, and performs other tasks as assigned.
Education/Experience Requirements:
- Bachelor’s Degree and a minimum of seven years of directly relevant experience; or an equivalent combination of education and experience.
- Postgraduate courses or degree is desirable.
- Experience providing legal support in the area of administrative law, financial regulation, or similar environment, required.
- Excellent interpersonal and written communication skills.
- Knowledge of federal securities laws, and advanced knowledge of FINRA rules, regulations and procedures strongly preferred.
- Working knowledge of tracking and reporting systems. Proficiency with Microsoft Word, Excel, Access, Lexis and Westlaw.
Work Conditions:
- Hybrid work environment (remote/office).
For work that is performed in CA, CO, IL, Jersey City, NJ, New York City, NY, MA, MD, Washington, DC, NJ State and NY State, please refer to the chart below for the salary range for the corresponding location. In addition to location, actual compensation is based on various factors, including but not limited to, the candidate’s skill set, level of experience, education, and internal peer compensation comparisons.
CA: Minimum Salary $109,600, Maximum Salary $206,200
CO*: Minimum Salary $95,300, Maximum Salary $171,800
IL*: Minimum Salary $104,900, Maximum Salary $189,400
Jersey City, NJ/NYC, NY: Minimum Salary $114,300, Maximum Salary $206,200
MA: Minimum Salary $95,300, Maximum Salary $197,600
MD/Washington, DC: Minimum Salary $109,600 Maximum Salary $197,600
NJ State: Minimum Salary $104,900, Maximum $206,200
NY State: Minimum Salary $95,300, Maximum Salary $206,200
*Including positions performed outside the state but reporting to an office or manager in that state.
Candidates can expect salary offers that range from the minimum to the mid-point of the salary range. FINRA provides full pay ranges so that the candidate can consider their growth potential while at FINRA.
#LI-Hybrid
