Principal Analyst, MRTS SMI, Quality Assurance Program

The Principal Analyst in Surveillance Optimization and Innovation is responsible for conducting Quality Assurance (QA) reviews of surveillance activity performed by and associated with Market Regulation & Transparency Services’ (MRTS) Surveillance and Market Intelligence (SMI) Group.

The Principal Analyst applies SMI Quality Assurance Program’s framework regarding completed pattern alert reviews via required re-performance of surveillance activity and/or additional investigation.

Essential Job Functions:


* Conducts the core assessment activities of the SMI QA program regarding review and re-performance of closed SMI pattern alerts and other historical surveillance activity.


* Updates and tracks metrics associated with pattern and pattern alert review activity, providing unique insight specific to the activities conducted by the SMI QA team.


* Identifies and documents possible review deficiencies (QA Findings) and other notable matters (QA Observations) which may enhance the team’s efficiency and effectiveness.


* Contributes to recurring SMI QA reports summarizing QA activity and output for QA Program manager review.


* Collaborates with QA program manager to ensure recommended remediation activity is properly addressed and documented.


* 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:


* Provides support to multi-level initiatives across Regulatory Operations and/or Surveillance.


* Provides subject matter expertise in regulatory area to advance FINRA and industry initiatives (e.g., CAT, Notice to Members, rule filings, market events, congressional testimony preparation).


* Remains current on industry and technology trends, practices, and regulatory impacts.

Education/Experience Requirements:


* Bachelor’s degree and a minimum of seven (7) years of experience in the securities/financial services industry; or an equivalent combination of education and experience in positions of increasing responsibilities.


* Experience with surveillance alert review workflows, parameters, and development.

 


* Extensive working knowledge of FINRA, MSRB and other SRO rules and the Securities Exchange Act of 1934 and the rules and regulations thereunder.


* Requires excellent written and verbal communications skills, including interpersonal and presentation skills.


* Strong organizational skills and excellent detail orientation.

Working Conditions:


* Hybrid work environment, with defined in-person presence requirements.


* Hours which may extend beyond normal business hours.


* Travel will be required, as necessary.

For work that is performed in CA, CO, HI, MN, VT, IL, Jersey City, NJ, New York City, NY, MA, WA, MD, Washington, DC, NJ State and NY State, please refer to the chart below for the salary range for the corresponding locat...