Vice President - Finance Investments - Rockville, DC, New York, Boston, Philadelphia

Financial Industry Regulatory Authority, Inc.
Washington, DC
Apr 17, 2018
Apr 18, 2018
Full Time
We Work to Protect Investors. Join our Team. The Financial Industry Regulatory Authority (FINRA) is seeking a well-qualified individual for our Vice President opening in Rockville MD, Washington DC, New York NY, Boston MA and Philadelphia PA. To be considered for this position, please submit your resume through our career site at - no phone calls, please. Job Summary: In partnership with the CFAO and Investment Committee, leads the development and implementation of the FINRA's investment strategy, including all activities associated with managing FINRA's investment portfolios totaling over $2 billion. These activities include, but are not limited to oversight, due diligence, and associated operational tasks related to the overall portfolio, the FINRA Employees Retirement Plan (ERP), Supplemental Executive Retirement Plans (SERP), and the investments of the FINRA Investor Education Foundation. Maintains strong working relationships with the members of the Investment Committee, and manage the relationships with investment consultants and managers, custodial and other banks, and serves as the liaison between these partners and the Office of the CFAO. Specific knowledge and understanding of asset classes, investment products, and strategies for generating desirable returns is essential in carrying out the duties of this position. This role must stay abreast of trends and practices, in order to continuously explore and advise on new and innovative approaches to the investment process, in partnership with the CFAO, and the Investment Committee. Serves as the co-chair of the FINRA Pension/401(k) Plan Committee, in the capacity of fiduciary, recommending and supporting investment actions that are in the best interest of FINRA's employees. Essential Job Functions: * Serves as the subject matter expert for the organization, on all items associated with investments. In partnership with the Investment Committee, oversees investment portfolios in each organization's and its members' best interest. Accomplished by leveraging their independent knowledge and expertise, balanced by advice and counsel of external investment consultants. * Formulates and makes recommendations to the Investment Committee on investment policies, asset allocation, objectives and guidelines, risk, and the selection, retention, and dismissal of investment providers/managers. * Stay abreast of global macro and micro economic and political environments, in addition to investment trends and flows in capital markets to provide insight and perspective to Investment Committee discussions and asset allocation reviews, for use in decision-making. * Leverage external relationships and other resources to maintain knowledge of public, private, and alternative investment markets. * Provide the Investment Committee ongoing insight into the investment landscape, emerging trends, and the impacts to portfolio investment performance. * Reports on adherence to policies and guidelines by investment managers, and translates complex information for presentation to the Investment Committee and FINRA Foundation Board. Other Responsibilities: * Develops and utilizes high-level analytics to assess outcomes, as well as evaluation of investment and fund managers. * Forecasts cash flow positions, related borrowing needs and funds available for investment. Manages the day-to-day treasury function to meet the financial obligations of FINRA, including the negotiation of credit facilities and selection of short-term investments. * Leads the development, implementation, negotiation, and execution of all legal documents related to investments. Maintains a strong working relationship with, and serves as investment liaison to the Office of the General Counsel. * Liaison to the Oversight Liaison & Counsel Office, and Corporate Communications to address requests for information from the SEC, journalists, and other external parties. * Performs benchmarking studies and requests for proposals, and other special projects for the CEO, CFAO, and Committee Chairs, as needed. Education/Experience Requirements: * Bachelor's degree in Accounting, Finance, Economics, or other related field. * Graduate degree and/or Certified Financial Analyst (CFA) certification. * Minimum of ten years of experience in Corporate Treasury or Finance, with a demonstrated ability to manage functions associated with investment and fund administration. * Exceptional ability to interpret data, and effectively communicate results and recommendations to the most senior levels of the organization, including the Board of Governors. * Advanced understanding of capital markets and investment concepts. * Strong knowledge of public security and alternative investment markets. * Demonstrated ability to manage multiple complex priorities, and meet associated deadlines. * Proficient in the use of the MS Office Suite; emphasis on Excel. * Familiarity with investment/financial management software, desirable. * Excellent written and oral communication skills. Working Conditions: * Normal office conditions, with occasional travel. 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 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 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. (C) 2018 FINRA. All rights reserved. FINRA is a registered trademark of the Financial Industry Regulatory Authority, Inc. SDL2017