Job Title: Principal Investigator, Specialist Team - All FINRA Locations
Job Responsibilities:
The Principal Investigator, Specialist Teams, is responsible for conducting high complexity routine and special investigations of FINRA member firms. This includes investigating potentially suspicious activities of persons associated with FINRA member firms and providing guidance to Member Supervision staff on their complex assignments. The position involves proactively surveilling the industry and identifying fraudulent conduct occurring at, by, or through FINRA member firms or registered representatives. The role requires leading and training others, with minimal supervision.
Essential Job Functions:
- Demonstrate a highly proficient level of competence in identifying risks, developing regulatory strategies, and executing examination strategies to completion to address those risks.
- Collaborate with Risk Monitoring Staff, Firm Examination teams, Cause Examinations, and Enforcement Investigators & Attorneys, as necessary.
- Comprehensively document strategies, written requests to representatives and Firms, investigative steps, and investigate results, including referrals to Enforcement and outside agencies.
- Act as a liaison and subject matter expert for various stakeholders throughout FINRA with minimal supervision.
- Lead execution of high complexity investigations with limited guidance and minimal supervision.
- Conduct complex risk identification reviews.
- Perform consultative tasks of high complexity with minimal supervision.
- Utilize internal and external resources proficiently.
- Proactively identify notable trends and participate in special projects in area of specialty.
- Provide training to FINRA personnel on complex investigations.
- Conduct and facilitate on-the-record interviews, in collaboration with Enforcement, as needed.
Education and Experience Information:
- Bachelor’s degree or equivalent relevant experience required; advanced degree or law degree preferred.
- Advanced knowledge of relevant FINRA rules and the federal securities laws and demonstrated investigative experience.
- Advanced knowledge of the securities markets and member firm operations and its books and records.
- Advanced written and verbal communications skills.
- Advanced ability to initiate and complete high-quality reviews and investigations, including the ability to work quickly on multiple time-sensitive matters.
- Advanced organizational skills with exceptional attention to detail.
- Advanced proficiency using computer programs with the full suite of Office software applications.
- Effective at building and managing relationships.
Salary Information:
Salary ranges are based on location and various other factors, including the candidate’s skill set, level of experience, education, and internal peer compensation comparisons. The salary ranges for different locations are as follows:
- CA: Minimum Salary $109,600, Maximum Salary $206,200
- CO/HI/MN/VT: 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/WA: 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
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 the organization.
Additional Information:
Employees may be eligible for a discretionary bonus in addition to base pay. Non-exempt employees are also eligible for overtime pay in accordance with federal, state, or local law. FINRA provides comprehensive health, dental, and vision insurance, along with other benefits such as a 401(k) plan with company match, tuition reimbursement, commuter benefits, adoption assistance, backup family care, surrogacy benefits, employee assistance, and wellness programs.
Time Off and Paid Leave:
FINRA offers a generous time-off program, including 15 days of paid time off, 5 personal days, and 9 sick days (all pro-rated in the first year), along with two volunteer service days. Other paid leave includes military leave, jury duty leave, bereavement leave, voting and election official leave, care of a family member leave, and childbirth and parental leave. Full-time employees receive nine paid holidays.
Important Information:
FINRA’s Code of Conduct imposes restrictions on employees’ investments and requires financial disclosures related to their role as a securities regulator. Employees must disclose all brokerage accounts they maintain and authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. New employees must comply with investment restrictions by the date they begin employment with **Members Only** Employees must also execute FINRA’s Employee Confidentiality and Invention Assignment Agreement and comply with the company’s policy on nepotism.
FINRA is committed to providing equal employment opportunities and abides by regulations prohibiting discrimination against qualified individuals on the basis of disability and qualified protected veterans.
Applications are accepted on an ongoing basis, and candidates are encouraged to submit their applications through the FINRA Careers site.
