This job has expired, please see additional jobs below
Principal Analyst
Financial Industry Regulatory Authority (FINRA)
Washington, DC, United States
Job Details - this job has expired, please see similar jobs below
Description
We Work to Protect Investors. Join our Team.
The Financial Industry Regulatory Authority (FINRA) is seeking a well-qualified individual for our Principal Analyst, Treasury & Investments opening in Washington, DC or Rockville, MD. To be considered for this position, please submit your resume through our career site at www.finra.org/careers – no phone calls, please.
Job Summary:
This position serves in a generalist capacity in the FINRA Treasury and Investments office, responsible for assisting with economic analysis, investment manager due diligence, operational risk management, cash management, and various back office responsibilities.
Essential Job Functions:
Investments (60%):
• Support the Investment Manager Due Diligence process: Routinely meet with existing and prospective investment managers to evaluate their capabilities, identify inconsistencies and potential risks, and maintain a roster of potential investment candidates for consideration by the Investment Committee.
• Lead Operational Risk program: Travel independently to investment manager offices to conduct onsite operational due diligence (ODD) on at least an annual basis. Identify and record any deficiencies that are noted, and work with the manager to resolve issues in an amenable but effective manner. Sufficient investigation of ODD issues will require the individual to stay abreast of latest trends within this space (cyber developments, fraud avoidance, recent litigation, etc.).
• Support various research projects: Work on ad hoc investment projects to support institutional asset management initiatives, such as: spending rate analysis, LDI glidepath calibration, impacts from the inclusion/exclusion of select asset class investment in select portfolios, etc.
• Conduct Economic Analysis and Reporting: Work autonomously to assess the economic climate and produce monthly economic updates for use with the Investment Committee and FINRA staff.
• Coordinate back-office operations: Coordinate with relevant parties to ensure smooth functionality across all back-office processes, including custodial and other relationships (e.g. statement reconciliation, wire transfers, trade activity and settlement, etc.).
• Performance report production: Create regular performance reporting suite across the investment portfolios for use with the Investment Committee and senior management.
Treasury (25%):
• Support the cash flow management process: serve as liaison with Cash Management Department to ensure cash a) is available as needed for the firm’s daily operations, b) meets FINRA’s minimum liquidity reserve requirements, and c) is invested when not required for short-term use or being used to satisfy liquidity requirements.
• Initiate cash flow orders: within the Treasury program to ensure the above is carried out effectively.
• For cash investments, seek to ensure optimization amongst investment offerings to maximize the return potential to FINRA while ensuring minimum risk in accordance with guidelines.
• Liaise with FP&A group: develop cash flow projections and coordinate the timing of large inflows and outflows.
• Manage working capital needs: as it relates to FINRA’s seasonal Line of Credit.
Other (15%):
• Maintain strong relationships with and participate in routine vendor reviews for: consultants, custodians, actuaries, record-keepers and banking relationships.
• Provide audit support for both Ernst & Young and FINRA Audit Office during routine audits
• Liaise with FINRA Cybersecurity department for routine reviews of Investment Office controls.
• Backfill responsibilities of the Associate Director of the Investment Office, as needed.
Qualifications
Education/Experience Requirements:
• Bachelor’s degree required, preferably in economics, accounting or finance. Graduate degree and CFA or willingness to pursue CFA certification preferred.
• Five or more years of relevant investment industry experience in one or more of the functional areas noted above.
• Solid understanding of capital markets, economics, general investment concepts, and major asset classes.
• Intellectual curiosity and proactive work ethic.
• Ability to perform well both in an autonomous environment and in group settings.
• Ability to interact professionally and confidently with a broad group of constituents.
• Excellent computer and analytical skills.
• Excellent written and verbal communication skills.
• Strong attention to detail with the ability to work with a high degree of accuracy.
Working Conditions:
• Work is normally performed in an office environment.
• Some travel required.
To be considered for this position, please submit a cover letter and resume. A writing sample may be required as part of the submission.
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 240.386.4865. Please note that this number is exclusively for inquiries regarding application accommodations.
In addition to a competitive salary, comprehensive health and welfare benefits, and incentive compensation, FINRA offers immediate participation and vesting in a 401(k) plan with company match. You will also be eligible for participation in an additional FINRA-funded retirement contribution, our tuition reimbursement program and many other benefits. If you would like to contribute to our important mission and work collegially in a professional organization that values intelligence, integrity and initiative, consider a career with FINRA.
Important Information
FINRA’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.
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.
About FINRA
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-private partnership with the Securities and Exchange Commission (SEC), while also benefiting from the SEC’s oversight. In its role as investor guardian, FINRA is informed, but not influenced, by the industry that it regulates. FINRA’s independent regulation plays a critical role in America’s financial system–all at no cost to taxpayers.
FINRA touches virtually every aspect of the securities business—from registering and educating industry participants to examining securities firms; writing rules; enforcing those rules and the federal securities laws; informing and educating the investing public; providing trade reporting and other industry utilities; and administering the largest dispute resolution forum for investors and registered firms. FINRA uses technology powerful enough to look across markets and detect potential abuses. Using a variety of data gathering techniques, we work to detect insider trading and any strategies firms or individuals use to gain an unfair advantage.
In today's fast-paced and complex global economy, FINRA is a trusted advocate for investors, dedicated to keeping the markets fair and proactively addressing emerging regulatory issues before they harm investors or the markets. FINRA operates from Washington, DC, and New York, NY, with other offices around the country.
Find out more about us and how we work—and view our current openings—at www.finra.org/careers.
Search Firm Representatives
Please 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 Employer
All 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.
©2019 FINRA. All rights reserved. FINRA is a registered trademark of the Financial Industry Regulatory Authority, Inc.