The primary purpose of the analyst is to research, analyze, interpret, and present data in pursuit of the mission of REMA as a technical expert by delivering solutions to regulators.
Essential Job Functions:
- Under general direction of the Chief Economist and the Deputy Chief Economist, the Principal Research Analyst is responsible for and owner of one or more primary databases within FINRA’s purview for purposes of REMA's work product. The Principal Research Analyst is the subject matter expert in REMA in his/her area(s) of expertise.
- Serve as an REMA expert for one or more primary databases, encompassing several functions including independently-executed analyses of the relevant data, primary support for rulemaking related to the relevant data, and research using the relevant data.
- Provide expertise in data availability, extraction and manipulation to facilitate economic analysis in support of rulemaking and policy.
- Collect, encode, test, clean, and combine data from multiple systems and documenting complex procedures.
- Independently devise/modify/develop new procedures to solve complex problems considering computer equipment capacity and limitations, operating time and form of desired results.
- Provide expert technical support and analyses of the financial markets, and specifically the intersection of regulation and policy with financial and securities markets.
- Develop a high quality work product that is timely, complete, accurate and of professional appearance.
- Solve novel data and analytical problems.
- Provide to FINRA staff data, information and reporting on a wide range of issues related to the financial products and services marketplace, including regulatory research, regulatory and policy developments.
- Summarize for FINRA staff findings and research in written products of various types, including tables, charts, short summaries, as well as longer analytical policy memos and reports.
- Create and prepare economic analyses, written materials, including briefing or issue papers, and memoranda for senior management and members of the financial industry.
- Provide written and oral status reports on projects;
- Mentor junior analysts develop expertise in data analyses and in the execution of essential job duties.
- Demonstration of FINRA’s values.
- Collaboration, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.
Education/Experience Requirements:
- Bachelor’s degree in finance, statistics, economics or equivalent with 6 years of related experience or a Master’s degree with 4 years of related experience; advanced degree preferred
- Proficient in extracting financial and securities-related data from sources including databases (using tools such as SQL) and big data environments
- Expert quantitative skills, including data analysis using spreadsheets and statistical packages (such as Python, R, SQL, and other programming skills or similar open source tools) to apply academic research to real-world issues and present concise explanations of complex analyses
- Experience combining data from multiple sources and in assessing data quality, consistency, and completeness
- Strong empirical background
- Ability to understand and apply advanced economic and statistical concepts
- Require advanced knowledge of and training in econometrics, mathematical statistics, or both, as well as good computer skills
- Excellent communication (interpersonal and writing) skills
- Ability to analyze complex data and communicate findings and recommendations in clear, concise manner
- Critical thinking, problem-solving skills
- Detail-oriented
Working Conditions:
- Hybrid work environment, with defined in-person presence requirements.
- Extended hours may be required.
For work that is performed in CO, CT, IL, PA, MA, MD, VA, WA, DC, NY, NJ, WA please refer to the chart below for the salary range for the corresponding location. FINRA complies with all state and local pay transparency laws and regulations requiring the disclosure of salary ranges for the position. 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 market considerations.
Boston, MA: $112,300 - $202,500
Chicago, IL: $107,500 - $194,100
Denver, CO: $97,700 - $176,100
Jericho, NY: $112,300 - $202,500
Jersey City, NJ: $117,200 - $211,400
Philadelphia, PA: $107,500 - $194,100
New York, NY: $117,200 - $211,400
Rockville, MD: $112,300 - $202,500
Tysons, VA: $112,300 - $202,500
Washington, DC: $112,300 - $202,500
Woodbridge, NJ: $112,300 - $202,500
Connecticut State: $97,700- $211,400
Washington State: $97,700- $211,400
#LI-Hybrid
To be considered for this position, please submit an application. Applications are accepted on an ongoing basis.
The information provided above has been designed to indicate the general nature and level of work of the position. It is not a comprehensive inventory of all duties, responsibilities and qualifications required.
Please note: If the “Apply Now” button on a job board posting does not take you directly to the FINRA Careers site, enter www.finra.org/careers into your browser to reach our site directly.
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, spouse/domestic partner and dependent life, and spouse/domestic partner and dependent accidental death and dismemberment, short- and long-term disability, long-term care, business travel accident, disability and legal. FINRA offers immediate participation and vesting in a 401(k) plan with company match and eligibility for participation in an additional FINRA-funded retirement contribution, tuition reimbursement, commuter benefits, and other benefits that support employee wellness, such as adoption assistance, backup family care, surrogacy benefits, employee assistance, and wellness programs.
Time Off and Paid Leave*
FINRA encourages its employees to focus on their health and wellness in many ways, including through a generous time-off program starting at 15 days of paid time off (increasing with years of service, up to 25 days), 5 personal days, and 9 sick days, unless otherwise required by law (all pro-rated in the first year). Additionally, we are proud to 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 for federal, state or local primary and general elections, care of a family member leave (available after 90 days of employment); and childbirth and parental leave (available after 90 days of employment). Full-time employees receive nine paid holidays.
*Based on full-time schedule
