As a condition of employment, FINRA employees are required to comply with the Code of Conduct and all applicable FINRA rules and regulations, and to disclose to FINRA all brokerage accounts that they maintain and those in which they control trading or have a financial interest. FINRA employees are required to disclose to FINRA all brokerage accounts that they maintain and those in which they control trading or have a financial interest (including any trust account of which they are a trustee or beneficiary and all accounts of a spouse, domestic partner or minor child who lives with the employee) and to authorize their broker-dealers to provide FINRA with duplicate statements for all of those accounts. All of those accounts are subject to the Code’s investment and securities account restrictions, and new employees must comply with those investment restrictions—including disposing of any security issued by a company on FINRA’s Prohibited Company List or obtaining a written waiver from their Executive Vice President—by the date they begin employment with **MEMBERS ONLY**SIGN UP NOW***. Employees may only maintain securities accounts that must be disclosed to FINRA at one or more securities firms that provide an electronic feed (e-feed) of data to FINRA, and must move securities accounts from other securities firms to a firm that provides an e-feed within three months of beginning employment.
You can read more about these restrictions here.
As standard practice, employees must also execute FINRA’s Employee Confidentiality and Invention Assignment Agreement without qualification or modification and comply with the company’s policy on nepotism.
FINRA is an independent, non-governmental regulator for all securities firms doing business with the public in the United States. FINRA works to protect investors and maintain market integrity in a public trust by regulating brokerage firms, transfer agents, and clearing firms in the United States. In addition, FINRA provides surveillance and other regulatory services for equities and options markets, as well as trade reporting and other industry utilities. FINRA also administers a dispute resolution forum for investors and brokerage firms and their registered employees.
FINRA rotates positions as a means of ensuring that employees develop a broad range of experiences and skills. Rotation may be considered after two years in the same position. Employees must sign a statement of understanding prior to applying for other positions. The statement of understanding indicates that the employee understands the two-year commitment to their current position and that failure to complete the commitment may result in disciplinary action. Upon completion of the two-year commitment, employees are eligible to apply for other positions.
H1: Principal Investigator, High Risk Representatives - All FINRA Locations
H2: Proactively Surveil the Industry and Identify Fraudulent Conduct at FINRA's High Risk Registered Representatives
Job Title: Principal Investigator, High Risk Representatives
Department: Member Supervision
Experience Level: Expert
Employment Type: Full Time
Job Requisition ID: R-008844
Organization: FINRA
Locations: New York, NY Jericho, NY Denver, CO Dallas, TX Chicago, IL Boston, MA Boca Raton, FL Jersey City, NJ Woodbridge, NJ Washington, DC Chicago (North Wacker Drive) San Francisco, CA Rockville, MD Philadelphia, PA Los Angeles, CA
Salary Information:
- CA: Minimum Salary $106,400, Maximum Salary $200,200
- CO/HI/MN/VT*: Minimum Salary $92,500, Maximum Salary $166,800
- IL*: Minimum Salary $101,800, Maximum Salary $183,900
- Jersey City, NJ/NYC, NY: Minimum Salary $111,000, Maximum Salary $200,200
- MA/WA: Minimum Salary $92,500, Maximum Salary $191,800
- MD/Washington, DC: Minimum Salary $106,400, Maximum Salary $191,800
- NJ: Minimum Salary $101,800, Maximum $200,200
- NY: Minimum Salary $92,500, Maximum Salary $200,200
*Including positions performed outside the state but reporting to an office or manager in that state.
Job Description:
- Conduct high complexity investigations of FINRA member firms and potentially suspicious activities of high risk registered representatives.
- Provide guidance to Member Supervision staff on complex assignments.
- Proactively surveil the industry and identify fraudulent conduct.
- Collaborate with Risk Monitoring Staff, Firm Examination teams, Cause Examinations, and Enforcement Investigators & Attorneys.
- Document strategies, written requests, investigative steps, and results.
- Act as a liaison and subject matter expert for various stakeholders.
- Lead and train others in complex investigations.
- Conduct consultative tasks with limited supervision.
- Utilize internal and external resources proficiently.
- Identify notable trends and participate in special projects.
- Provide training to FINRA personnel.
- Conduct on the record interviews in collaboration with Enforcement.
- Bachelor's degree or equivalent relevant experience required; advanced degree or law degree preferred.
- Advanced knowledge of relevant FINRA rules and federal securities laws.
- Advanced knowledge of securities markets and member firm operations.
- Advanced written and verbal communication skills.
- Ability to initiate and complete high quality reviews and investigations.
- Strong organizational skills with exceptional attention to detail.
- Proficiency in using computer programs, including Microsoft Office.
- Effective at building and managing relationships.
Salary Information:
- CA: Minimum Salary $106,400, Maximum Salary $200,200
- CO/HI/MN/VT*: Minimum Salary $92,500, Maximum Salary $166,800
- IL*: Minimum Salary $101,800, Maximum Salary $183,900
- Jersey City, NJ/NYC, NY: Minimum Salary $111,000, Maximum Salary $200,200
- MA/WA: Minimum Salary $92,500, Maximum Salary $191,800
- MD/Washington, DC: Minimum Salary $106,400, Maximum Salary $191,800
- NJ: Minimum Salary
