Senior Risk & Compliance Analyst - Public Offerings

Financial Industry Regulatory Authority
Rockville, MD
Jan 20, 2022
Jan 23, 2022
Analyst, IT, QA Engineer
Full Time
The Senior Analyst staff in the Corporate Financing Department is responsible for performing analysis of complex and high-profile public offering transactions filed under severe market-driven timing pressure. The Senior Analyst will provide opinions, on behalf of the Department, regarding the reasonableness of underwriting terms and arrangements for such transactions prior to the commencement of sales. The majority of filings reviewed have also been confidentially filed with the SEC and the staff must coordinate its review and timeline. The Senior Analyst will encounter varying workloads as well as frequent changes to the proposed terms and arrangements that require immediate attention, including urgent discussions with member counsel.The Senior Analyst will analyze numerous documents submitted through the Public Offering System, including, but not limited to registration statements, offering circulars, distribution agreements, escrow arrangements, engagement letters, warrant agreements and a variety of legal correspondence. Conducts preliminary evaluations and recommendations related to requests for exemptive relief and communicates potential rule violations and the status of reviews to member counsel, compliance officers and/or other principals throughout the review process with limited supervisory guidance. Also develops investigative matters for potential violations of the Corporate Financing Rules including, but not limited to, drafting inquiry letters pursuant to Rule 8210, evaluating firm responses, and referring viable matters to Enforcement. Collaborates with Member Regulation, Advertising and other Departments with some supervisory direction. This is intermediate-level professional work in which incumbents are performing their assigned roles, applying professional expertise, and working under limited supervision from multiple reporting lines.Essential Job Functions:Identifies and analyzes regulatory issues in public offerings, and reviews proposed underwriting arrangements for compliance with FINRA and SEC rules as well as federal securities laws.Ensures underwriting compensation is adequately valued, within FINRA guidelines, and disclosed to investors. Also verifies that conflicts of interest are prominently disclosed.Drafts comment and inquiry letters, communicates FINRA rules and policies, and reviews correspondence on issues related to filings, investigations and spot checks. Prepares memoranda, reports, and other correspondence, including 8210 Letters and Letters of Caution, resulting from such reviews.Conducts investigations and develops cases related to potential violations. Provides assistance to other FINRA Departments and/or coordinates with other external securities regulators.Assists with on-site examination of members' corporate financing activities in connection with a routine or special examination. Supports On-the-Record interviews conducted by the Department of Enforcement.Responds to various inquiries from attorneys, members, issuers, the SEC, state securities regulators, other FINRA Departments and the public regarding securities offerings and rule interpretation.Other Responsibilities:Maintains a high degree of familiarity with department responsibilities, practices and industry guidelines including regulations affecting public offerings of securities.Participates in various Department projects.Other duties as assigned.Education/Experience Requirements:Bachelor's Degree. JD or MBA is a plus.Three to five years of related financial industry experience or equivalent business experience, or successful completion of at least two years as a Corporate Financing Investigator.Excellent organizational skills to maintain working files that indicate the status of reviews and investigations, which also document verbal communications pertinent to the Department's review.Must be detailed oriented.Ability to work independently; self-motivated.Excellent written and oral communication skillsAbility to manage multiple priorities, meet established turnaround goals and deadlines.Excellent time-management and problem solving skills.Ability to work under high pressure and in stressful situations.Competent in using a desktop computer with the full suite of office software applications.Work Conditions:Work is normally performed in an office environment.Occasional travel may be required.Some extended hours may be required.Any offer of employment is contingent on providing proof of Covid-19 vaccination prior to your start date, subject to approved medical and/or religious exemptions, in accordance with applicable law. To 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 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.Employees may be eligible for a discretionary bonus in addition to base pay. FINRA also provides a variety of benefits including comprehensive health and welfare benefits, life and disability insurance, paid holidays, vacation, personal, and sick leave. 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 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. (C) 2020 FINRA. All rights reserved. FINRA is a registered trademark of the Financial Industry Regulatory Authority, Inc.