The Senior Regulatory Policy Specialist provides high quality advice and support to OGC’s Regulatory Policy and Capital Markets Group attorneys with respect to rulemaking and interpretive functions for the organization, and assists in providing legal and advisory support to other FINRA departments and committees, and interpretive guidance to FINRA members and others. This entails applying substantial knowledge and analytical skills regarding various rules, regulations and procedures to ensure that regulatory filings and projects are properly managed and administered. The Senior Regulatory Policy Specialist also represents OGC both within and outside of FINRA. Additionally, the Senior Regulatory Policy Specialist assists with the training of the department’s analyst staff. The Senior Regulatory Policy Specialist must have demonstrated strong project management skills enabling the individual to work independently on complex and sensitive projects on a regular basis.
Essential Job Functions:
- Provides high quality support to OGC’s Regulatory Policy and Capital Markets attorneys, including reviewing or assisting in drafting rule filings and related documents for submission to the SEC, ensuring that all documents are prepared in accordance with required format and include appropriate citations.
- Provides support to OGC by performing sophisticated research of regulatory issues raised under federal securities laws and regulations, FINRA rules, and other relevant market rules, and provides thorough analyses of issues, rules, and policies.
- Drafts well-written memoranda and comment summaries and assists with responses to comments, displaying advanced understanding of FINRA rules and procedures.
- Assists in drafting Board Action Items and other materials for submission to FINRA Board, as well as Regulatory Notices and similar communications.
- Assists in coordinating with the Office of Regulatory Economics and Market Analysis (REMA) regarding inclusion of economic impact assessments in rulemakings and related documents.
- Keeps abreast of and analyzes SEC, industry, and other self-regulatory organization initiatives.
- Demonstrates project management skills by monitoring timeframes for completion of projects, publication of Regulatory Notices, and resolution of issues.
- Plays a substantial role in supporting complex and high-profile rule filings, and other sensitive projects within FINRA. Proofreads rule filing related documents before posting on the FINRA website and distribution to the public.
- Updates OGC’s rule filing templates in response to changes in SEC rules and procedures, as necessary.
- Tracks and monitors securities regulation issues before the FINRA Board and SEC.
- Creates, updates, and distributes various departmental status reports used to inform recipients of the status of various rule filing and regulatory matters.
- Takes initiative in identifying the need to amend or adopt department procedures or reports.
- Provides support for OGC by representing the department in matters in company-wide task forces and projects, and coordinating with management and appropriate staff to prepare for regulatory reviews or oversights.
- Undertakes special projects, as requested, by Executive and Senior Management, such as supporting FINRA’s role in international initiatives.
- Demonstration of FINRA’s values.
- Collaboration, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.
Other Responsibilities:
- Responds to general inquiries regarding FINRA rules and procedures from other departments and the general public. These inquiries require a substantial knowledge base of rules and procedures.
- Assists Legal Support Manager with interviewing, training, and supervision of regulatory analyst staff, as needed.
- Takes minutes or notes for various committee and other meetings.
- May assist the Fixed Income Regulation Group or Appellate Group with research or other projects, and performs other tasks as assigned.
Education/Experience Requirements:
- Bachelor’s Degree and a minimum of seven years of directly relevant experience; or an equivalent combination of education and experience.
- Postgraduate courses or degree is desirable.
- Experience providing legal support in the area of administrative law, financial regulation, or similar environment, required.
- Excellent interpersonal and written communication skills.
- Knowledge of federal securities laws, and advanced knowledge of FINRA rules, regulations and procedures strongly preferred.
- Working knowledge of tracking and reporting systems. Proficiency with Microsoft Word, Excel, Access, Lexis and Westlaw.
Work Conditions:
- Hybrid work environment, with defined in-person presence requirements.
For work that is performed in CO, FL, TX, IL, PA, MA, MD, VA, Washington, DC, NY and NJ, 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.
CO/FL/TX: Minimum Salary $97,700, Maximum Salary $176,100
IL/PA: Minimum Salary $107,500, Maximum Salary $194,100
MA/MD/VA/Washington, DC: Minimum Salary $112,300 Maximum Salary $202,500
NY/NJ: Minimum Salary $112,300, Maximum Salary $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.
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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 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). 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
