An Alternative Net Capital (ANC) Specialist Manager has a responsibility to plan, supervise and conduct examinations to assess member firms risk management frameworks and evaluate systems, procedures and internal controls established to effectively manage market, credit and liquidity risks. The role includes intermediate to advanced knowledge in analyzing, and testing member firms books and records and internal control processes to determine that market, credit, and liquidity risk exposures are within risk appetite and accordingly capitalized in compliance with SEA Rule 15c3-1(Appendix E), and other applicable rules and regulatory requirements. The review process includes holding meetings with firm personnel in areas such as Risk Management (Market, Credit and Liquidity), Product Controllers, Treasury, Operations, Trading, Legal & Compliance, Internal Audit and Regulatory Reporting.
Essential Job Functions:
Intermediate to advanced ability to assess member firms compliance with the SEARule 15c3-1(Appendix E) and other applicable rules and regulatory requirements.
Intermediate to advanced ability to assess compliance of firms market, credit, and liquidity risk management frameworks with the aforementioned rules.
Intermediate to advanced ability to evaluate systems and procedures for the establishment and implementation of comprehensive internal controls to effectively manage risk.
Intermediate to advanced ability toreview, analyze, and test member firm systems (front, middle, and back office) used to capture, aggregate and measure market, credit and liquidity exposures, limits and associated risks.
Accountable for 2-5 assigned specialist's performance management and career development
Manages direct reports performance on an annual basis
Schedules and staffs exams
Reviews and approves risk reviews
Reviews and approves all exam related reports and letters(i.e. strategy,exit, exam, disposition, etc.) for low and medium-low firms
Empower direct reports to make decisions relating to the completion of reviews appropriate for their level and expertise
Trains and mentors exam staff and direct reports
Promotes open dialogue and communicates key issues to staff and senior management
Leads or participates on special projects/initiatives related to the Unit's area of specialization and/or the broader Specialist & Exam Programs
Education/Experience Requirements:
Bachelor's Degree or an equivalent combination of education and experience required. Major in Accounting, Finance, Economics, Business Administration, Cybersecurity, Computer Forensics, Data Analytics or related fields preferred.
MBA, JD, other graduate degree and/or relevant industry certification(s) preferred
Significant securities, compliance or financial regulatory experience
Moderateexperience managing projects and/or people
Knowledge Requirements:
Advanced knowledge of FINRA's risk fundamentals
Advanced knowledge of securities rules and regulations
Advanced knowledge of firm business models, business lines, customer bases, products and services
Advanced knowledge of rule changes and interpretations
Advanced knowledge of industry wide events and trends affecting FINRA's exam program
Advanced knowledge of FINRA departments and their mandates
Skills Requirements:
Proficient in utilizing available resources
Advanced ability to recognize and understand the relationship and impact between regulatory areas
Advanced ability to manage time effectively and complete examinations within the budgeted timeframes
Advanced ability to effectively liaise with internal and external parties
Advanced ability to identify and prioritize risk
Advanced ability to inspire and motivate direct reports
Advanced relationship building skills
Advanced ability to make timely decisions
For work that is performed in CA, CO, HI, MN, VT, IL, Jersey City, NJ, NY, NY, MD, Washington DC, and WA 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 candidates skill set, level of experience, education, and internal peer compensation comparisons.
CA: Minimum Salary $124,300, Maximum Salary $235,500
CO/HI/MN/VT: Minimum Salary $108,200, Maximum Salary $196,200
IL: Minimum Salary $119,200, Maximum Salary $215,900
Jersey City, NJ/NY, NY: Minimum Salary $129,800, Maximum Salary $235,500
MD/Washington, DC: Minimum Salary $124,300, Maximum Salary $225,700
WA: Minimum Salary $108,200, Maximum Salary $225,700
*Including positions performed outside the state but reporting to an office or manager in that state.
Candidates can expect salary offers that range from the minimum to the mid-point of the salary range. FINRA provides full pay ranges so that the candidate can consider their growth potential while at FINRA.
#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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Employees...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity