Principal Counsel, Statutory Disqualification

8-10 yrs required

Full-time

No

Principal Counsel, Statutory Disqualification
The candidate supports the execution of the organization's Statutory Disqualification Program by researching, preparing documents and providing recommendations on matters handled by Member Supervision's Statutory Disqualification Group. Demonstrates an advanced ability to apply legal principles and knowledge of securities regulations, successfully works across department lines, and effectively communicates with internal and external stakeholders on statutory disqualification issues. Utilizing advanced investigative skills, conducts extensive research and inquiries into applications for admission or re-admission to membership by statutorily disqualified firms and individuals. Performs advanced legal research, analyzing and applying relevant case law in support of recommendations. Demonstrates strong legal writing skills, prepares recommendations and decision on behalf of the organization based on thorough legal analysis and factual development. Applies advanced advocacy skills in communicating with member firms regarding applications. If re-entry is permitted, ensures heightened supervision plans are agreed to and implemented by member firms and individuals in order to best protect investors. Reviews, edits, and provides substantive feedback on the written work product of junior legal staff. Provides advice on rules and policy issues related to statutory disqualification and effectively communicates with senior management, the National Adjudicatory Council and the SEC as warranted. Effectively collaborates with Registration and Disclosure, the Office of General Counsel, and Enforcement. Advises Examination staff regarding the execution of statutory disqualification reviews, and coordinates closely with Enforcement regarding the recommendation process. Prepares legal and policy memoranda, letters, and other documents relating to the interpretation and administration of Rule 9520 Series. Demonstrates advanced knowledge of the organization's regulatory programs and industry rules and regulation. Effective at quick action in rendering guidance to examiners and risk monitoring analysts to ensure timely action and accurate decision-making by examination and surveillance staff and as needed in the course of membership application proceedings. Recommends and prepares content for training programs as requested. Performs special projects as assigned.

Comprehensive health, dental, and vision insurance; life insurance; disability insurance; retirement plan; tuition reimbursement; volunteer service days; paid time off; holidays

Legal analysis, investigative skills, advanced legal research, decision-making, advocacy, written and oral communication, collaboration, time management, multitasking

Law degree

Job Requisition ID: R-007510

Qualification and Experience The candidate should have a law degree with admission to the Bar. Must have 8-10 years of broker/dealer or related regulatory or legal experience. Prior demonstrated experience analyzing and applying securities laws, SRO rules and interpretive guidance to business situations is required. Should have advanced ability to apply legal principles and knowledge of securities regulations to analyze membership applications. Advanced knowledge of SEC, FINRA and SROs' rules relating to regulatory requirements, and state and federal securities law is needed. Broad understanding of regulatory hearing and appellate processes is essential.

Legal