Director, MS Operations, Procedures and Standards - All FINRA Locations
Full time
R-009155
FINRA is currently seeking a Director of MS Operations, Procedures and Standards to join our team in various locations including Rockville, MD, Jersey City, NJ, Jericho, NY, Denver, CO, and Dallas, TX. This position reports directly to the Vice President of Member Supervision Operations and is responsible for providing strategic leadership and guidance to establish procedures and standards across the program. The Director will also collaborate with various groups conducting reviews of the program and develop controls and metrics to monitor program execution and effectiveness.
This position offers a competitive salary based on location and other factors such as education, experience, and internal peer compensation comparisons. Benefits include comprehensive health, dental, and vision insurance, a 401(k) plan with company match, tuition reimbursement, and more. Additionally, FINRA encourages a healthy work-life balance with generous time-off and volunteer service days.
Responsibilities:
- Spearhead operational risk event/incident remediations and escalations, key procedural control assessments, refinements, and monitoring.
- Oversee the development and implementation of procedures and technology necessary to address ongoing needs of the program across all Firm Groups.
- Lead efforts to develop, maintain and continually enhance Compass procedures, guidance, and job aids relating to the program.
- Periodically assess practices and determine if a need exists for a procedure to be developed or updated.
- Identify, prioritize, and resolve areas of inconsistent procedural application within the program.
- Work with other departments to implement corrective action and receive feedback on effectiveness.
- Develop and support the strategic leadership approach within the program.
- Stay current with industry developments and collaborate with management and other departments to evolve the program.
- Provide recommendations for corrective action implementation plans and coordinate with other departments for responses and document productions relating to oversights and ad hoc information requests.
- Respond to inquiries and implement resolution plans for Quality Assurance, Internal Audit, and FINRA CCO exams/inquiries.
- Lead efforts with Data Analytics to develop, implement, and improve periodic, trend, and ad hoc reporting for the program.
Requirements:
- Bachelor's Degree or equivalent combination of education and experience.
- MBA, JD, or other graduate degree and/or relevant industry certifications preferred.
- Significant securities, compliance, or financial regulatory experience.
- Prior experience in FINRA's Exam and/or Risk Monitoring program preferred.
- Advanced analytical skills and experience in the financial industry.
- Demonstrated experience relating to all inherent industry risks (. Operational, Sales Practice, Fraud and Deception, Money Laundering, etc.).
- Significant experience managing projects and/or people.
Knowledge, Skills, and Abilities:
- Expert knowledge of FINRA's risk hierarchy and securities rules and regulations.
- Familiarity with firm business models, business lines, customer bases, products, and services.
- Advanced verbal and written communication skills.
- Intermediate-to-Advanced level proficiency in Microsoft Excel, Word, and PowerPoint.
- Ability to manage time effectively.
Salary Information (based on location):
- CA: Minimum Salary $150,600, Maximum Salary $305,000
- CO/HI/MN/VT*: Minimum Salary $131,100, Maximum Salary $254,000
- IL*: Minimum Salary $144,000, Maximum Salary $279,500
- Jersey City, NJ/NYC, NY: Minimum Salary $157,300, Maximum Salary $305,000
- MA/WA: Minimum Salary $131,100, Maximum Salary $292,300
- MD/Washington, DC: Minimum Salary $150,600, Maximum Salary $292,300
- NJ State: Minimum Salary $144,000, Maximum $305,000
- NY State: Minimum Salary $131,100, Maximum Salary $305,000
*Including positions performed outside the state but reporting to an office or manager in that state.
To be considered for this position, please submit an application through the FINRA Careers site. Applications are accepted on an ongoing basis.
FINRA is an equal opportunity employer and values diversity in the workplace. All qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, veteran status, or any other classification protected by federal, state, or local laws. We abide by the requirements of 41 CFR ) and 41 CFR ), which prohibit discrimination against qualified individuals on the basis of disability and protected veteran status, respectively.
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. As part of its dedication to employee wellness, FINRA provides comprehensive health, dental and vision insurance. Additional insurance includes basic life, accidental death and dismemberment, supplemental life, and disability. FINRA offers immediate participation and vesting in a 401(k) plan with company match, tuition reimbursement, commuter benefits, and other wellness programs.
Time Off and Paid Leave:
FINRA encourages its employees to prioritize their health and wellness, offering a generous time-off program of 15 days of paid time off, 5 personal days, and 9 sick days, unless otherwise required by law (all pro-rated in the first year). We also support our communities by providing two volunteer service days (based on full-time schedule). 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 (available after 90 days of employment). Full-time employees receive nine paid holidays.
Important Information:
As a securities regulator, FINRA has restrictions on employees' investments and financial disclosures. Employees are required to disclose all brokerage accounts and authorize their broker-dealers to provide FINRA with duplicate statements.
