Financial Industry Regulatory Authority
The Senior Vice President of Member Supervision Data & Analytics will be a key member of the Member Supervision leadership team responsible for the fluency, quality, stewardship, and analytics of the Member Supervision data to support and enable data-led decision-making for surveillance, risk monitoring, investigations, member firm applications, and examination programs (“regulatory programs”). This role will lead the Member Supervision data strategy working in close collaboration with the Data Management and Governance Office with a goal to improve FINRA’s ability to respond to industry developments, and proactively identify and target risks, trends, and threats in the brokerage industry and financial markets. Essential Job Functions:* Serve as a key member of the Member Supervision senior leadership team and facilitate strong collaboration between department teams, Technology and the Office of Regulatory Economics and Market Analysis. Stay abreast of brokerage industry developments, risks and trends, and liaise with analytics experts across FINRA to be at the forefront of analytical concepts and ideas.
* Develop and implement an overall Member Supervision data strategy, partnering with Technology and in alignment with other Regulatory Operations programs (Enforcement and Market Regulation) to leverage value from existing data sources, as well as new data sources.
* Lead and manage a team of data subject matter experts, data analysts, and data scientists responsible for developing innovative advanced analytics, risk and predictive models, graph and other visualizations to enable, inform and drive the regulatory programs through enhancing risk identification efforts and increasing operational efficiency and effectiveness.
* Role model, encourage and reinforce teamwork and a culture of data-led, analytics-enabled decision-making through the development of key partnerships and collaboration across FINRA. Partner with program leads, users, and others throughout the organization to ensure analytics and model outputs are accurate, consumable and delivering value to the programs.
* Lead the timely development, execution, and management of a Member Supervision-approved technology, analytics and data strategy designed in coordination with FINRA’s larger regulatory operation and FINRA technology to achieve operational efficiency and effectiveness throughout the regulatory programs, through adoption and evolution towards a data-led decision-making and analytically-enabled culture.
* Partner with Member Supervision’s Chief of Staff and Operations teams on development and refinement of investment priorities and resourcing necessary to advance the Member Supervision strategic goals and objectives.
* Lead development of department-wide reporting and performance and risk metrics designed to identify, among other things, program effectiveness, trends, and outliers. Oversee a strong data advocacy, data-led decision-making, and self-service empowerment program within Member Supervision to ensure all staff are aware of the various data resources available to them, including metrics and analytics, and how they can better utilize data in their day to day work.
* Oversee strong data stewardship for those datasets within Member Supervision’s responsibility, in coordination with the development of FINRA’s enterprise-wide approach to data management and governance as led by the Data Management and Governance Office.
* Identify potential new data resources and partner with teams within OGC and Technology to shepherd the process of bringing the data inhouse, including the contracting and access.
* Routinely bring together relevant stakeholders throughout Member Supervision, including our Operations, Procedures and Standards (“OPS”) and Office of Strategy & Program Risk (“OSPR”), and the organization to assess, understand, and recommend analytics solutions to solve operational challenges of executing the regulatory programs.
* Consider stakeholders’ divergent perspectives, resolve conflicts, influence outcomes, and drive decisions to embed advanced analytics tools and enable value add solutions.
* Liaise and create partnerships with other regulatory authorities, technology companies, and academia to stay abreast of new regulatory technology and share best practices.
* Respond to immediate informational or analytical demands by a wide variety of internal and external constituencies and respond to tight deadlines on industry and market developments.
* Ensure efficient coordination and quantitative support for ongoing examinations and studies with internal FINRA stakeholders, SEC, and other external entities. Other Responsibilities:* Represent FINRA at conferences and other external speaking events.
* Create and update presentations, reports, project plans and metricsEssential Job Functions:* Minimum of fifteen years’ experience in the financial services industry or regulation, at FINRA, or other similarly situated organizations, in positions of increasing responsibilities in Data or Data Science functions, preferably with a regulatory focus gained within a financial institution, regulatory organization or professional services firm.
* Bachelor’s degree from an accredited college or university. Law degree, advanced business degree, or other graduate degree a plus.
* Substantial knowledge of, and experience with, the regulation and operation of the U.
S. broker-dealers, as well as familiarity with the broader landscape of financial regulation.
* Substantial knowledge of, and experience with, identifying and utilizing data to improve effectiveness of broker-dealer surveillance and testing programs.
* Expertise and experience in implementing advanced analytic tools and methodologies including the application of artificial intelligence, machine learning, deep learning, and other tools critical to world class analytics.
* Experience leading the development of data analytics to improve effectiveness and efficiency of broker-dealer surveillance and testing programs.
* Excellent leadership skills, including the proven ability to attract, retain and develop talent.
* Proven ability to deal constructively and effectively with divergent opinions in order to reach timely, informed decisions.
* Proven record of acting independently in an unstructured environment to identify and address challenges, seize opportunities, develop new initiatives, and strengthen existing programs.
* Strong collaborator and team builder, with excellent written and verbal communication, interpersonal, and presentation skills.
* Exceptional organizational skills, with an ability to administer multiple complex assignments concurrently and execute against tight deadlines.
* Proven record of making informed risk-based decisions in a timely manner. Working Conditions:* Work is normally performed in a hybrid office environment.
Frequent travel and extended hours are required. For work that is performed in CA, CO, New York, NY and WA, the chart below outlines the proposed salary range for the corresponding location. 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 internal peer compensation comparisons. California: Minimum Salary $235,700, Maximum Salary $397,900Colorado: Minimum Salary $235,700, Maximum Salary $397,900New York, NY: Minimum Salary $235,700, Maximum Salary $397,900Washington: Minimum Salary $235,700, Maximum Salary $397,900#LI-HybridTo be considered for this position, please submit an application.
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. FINRA strives to make our career site accessible to all users. If you need a disability-related accommodation for completing the application process, please contact FINRA’s accommodation help line at 240. ###.
####. Please note that this number is exclusively for inquiries regarding application accommodations. Employees may be eligible for a discretionary bonus in addition to base pay. 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 and many other benefits. 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 (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 scheduleImportant InformationFINRA’s Code of Conduct imposes restrictions on employees’ investments and requires financial disclosures that are uniquely related to our role as a securities regulator. 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 FINRA. 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.
Search Firm RepresentativesPlease be advised that FINRA is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity. Regardless of past practice, a valid written agreement and task order must be in place before any resumes are submitted to FINRA. All resumes submitted by search firms to any employee at FINRA without a valid written agreement and task order in place will be deemed the sole property of FINRA and no fee will be paid in the event that person is hired by FINRA. FINRA is an Equal Opportunity and Affirmative Action EmployerAll qualified applicants will receive consideration for employment without regard to age, citizenship status, color, disability, marital status, national origin, race, religion, sex, sexual orientation, gender identity, veteran status or any other classification protected by federal state or local laws as appropriate, or upon the protected status of the person’s relatives, friends or associates.
FINRA abides by the requirements of 41 CFR 60-741. 5(a). This regulation prohibits discrimination against qualified individuals on the basis of disability, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified individuals with disabilities. FINRA abides by the requirements of 41 CFR 60-300.
5(a). This regulation prohibits discrimination against qualified protected veterans, and requires affirmative action by covered prime contractors and subcontractors to employ and advance in employment qualified protected veterans. 2020 FINRA. All rights reserved.
FINRA is a registered trademark of the Financial Industry Regulatory Authority, Inc.