Principal Data Analyst, Fixed Income Regulation

Would working for a mission driven organization give you meaning and purpose in your work? Does the idea of working for a regulator speak to your moral compass?

FINRA is authorized by Congress to protect America's investors by making sure the broker-dealer industry operates fairly and honestly. We oversee more than 624,000 brokers across the country-and analyze billions of daily market events.

We use innovative AI and machine learning technologies to keep a close eye on the market and provide essential support to investors, regulators, policymakers and other stakeholders.

If this sounds appealing, keep reading...

FINRA Is hiring a Principal Data Analyst.

Under general guidance from the Director and Senior Director, the Principal Data Analyst, Fixed Income Regulation, is responsible for the identification, development, and analysis of a wide variety of fixed income data sources, using a variety of techniques, in support of Member Supervision and Trading and Execution risk-based fixed income examination programs. This includes conducting ad hoc data analyses as well as an annual, data-driven risk analysis that forms the foundation of FINRA's annual municipal examination plan, as mandated by Securities and Exchange Commission (SEC) and Municipal Securities Rulemaking Board (MSRB) regulations.

The Principal Analyst uses statistical methods to enhance the risk analysis and participates, with the Director or Senior Director, in consultations with FINRA Technology, and MSRB and SEC staff regarding data provided by those organizations that is necessary for FINRA to fulfill its examination responsibilities.

Essential Job Functions:

• Conducts complex data analyses with limited supervision using a variety of techniques. Extracts, organizes, manipulates, and analyzes data from a range of sources generated by the fixed income activities of FINRA member firms, including transaction data and regulatory filing data.
• Develops the annual risk assessment of FINRA-member MSRB registrants to fulfill FINRA's statutory obligation to conduct periodic, risk-based examinations of these firms.
• Designs tools that enhance staff understanding of firms' fixed income activities, evaluate firm compliance with fixed income-related regulatory obligations and assist with risk review execution by Member Supervision staff.
• Produces understandable visual and written explanations to support and enhance the efficiency and effectiveness of Member Supervision and Trading & Execution - Fixed Income risk assessment and examination execution.
• Performs sophisticated ad hoc research and analysis of internal and external data sources in response to requests from management. May suggest and pursue research topics under the Senior Director's supervision.
• Participates in the technology development process to ensure successful and timely delivery of reports and tools. Supports coordination with end users of the identification and development of requirements for new technology solutions and the enhancement of existing technology and procedures supporting the examination and risk monitoring processes.
• Creates and prepares high-quality charts, graphs, reports, and briefing materials and presents findings to senior leaders within Fixed Income Regulation, Member Supervision, Trading & Execution and the MSRB.

Other Responsibilities:

• Supports Member Supervision and TFCE-Fixed Income execution of FINRA's fixed income program by coordinating issues, policies, regulatory matters, and the exchange of information among FINRA departments and the MSRB and SEC as needed.
• Conducts staff training, such as nationwide training events, to enhance staff understanding and enforcement of MSRB and FINRA rules and interpretations.

Education/Experience Requirements:

• Bachelor's Degree in Math, Statistics, or Economics with seven (7) years of related financial, investigative, or economic data analysis experience; or equivalent combination of education and experience.
• Advanced degree preferred.
• Minimum of four (4) years of experience in the field of quantitative analysis as it relates to the securities industry.
• Direct experience using order- and trade-level data for fixed income.
• Expert quantitative skills, including data analysis using spreadsheets and statistical packages (such as SQL, Python/R, STATA, etc.) to extract financial and securities-related data from sources including databases and Big Data environments, 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.
• Advanced knowledge of and training in mathematical statistics, as well as excellent computer skills.
• Ability to manage time effectively and complete assignments (often within tight deadlines).
• Strong interpersonal and team skills, including the ability to work effectively with others at all levels of the organization (including remotely), resolve issues, and support change.
• Ability to analyze complex data and communicate findings and recommendations in a clear, concise manner.
• Strong knowledge of or experience with FINRA's examination process

Working Conditions:

• Standard office working conditions.
• Travel as necessary.

For work that is performed in CA, Washington, DC, CO, HI, New York, NY, WA and MD 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 $106,400, Maximum Salary $200,200

Washington, DC/Maryland: Minimum Salary $106,400 Maximum Salary $191,800

Colorado/Hawaii: Minimum Salary $92,500, Maximum Salary $166,800

New York, NY: Minimum Salary $111,000, Maximum Salary $200,200

Washington State: Minimum Salary $92,500, Maximum Salary $191,800

#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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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 Employee Relations team at [redacted] or by email at EmployeeR[redacted]. Please note that this process 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 schedule

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.

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 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.

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