Principal Investigator, FINOP-NCP

FINRA’s National Cause Program (NCP) is charged with the investigation of cause matters involving potential fraud or other serious misconduct from various sources, including regulatory filings, investor complaints, tips, referrals, and other regulatory sources.

• The Principal Investigator, NCP, is responsible for (1) conducting extensive background searches of FINRA member firms and registered representatives in support of open FINRA investigations in the NCP;
• 2) providing subject matter expertise throughout the course of Cause investigations, in proactively identifying risk using various internal and external systems;

and (3) providing an advanced level of in-depth data analysis for NCP investigations with respect to conducting reviews and subsequently providing a high-level summary of their investigative findings and suggested next steps.

Essential Job Functions :

Utilizes advanced knowledge of Financial Responsibility Rules (e.g. : SEA Rules 15c3-1, 15c3-3, 17a-3 and 17a-4) and credit risk (e.

g. FINRA Rule 4210, Regulation T and Portfolio Margin).

• Independently leads investigations of varying risk and complexity
• Gathers regulatory intelligence using internal systems and 8210 record requests
• Requests and compiles, analyzes, assesses, and evaluates records
• Prepares for and participates in On-The-Record interviews
• Independently conducts and facilitates interviews of relevant parties
• Identifies exceptions, observations, and other findings and proactively escalates potential formal issues to management.
• Identifies and memorializes the facts and evidence needed to support recommended dispositions, and collaborates with Enforcement to develop cases, as needed
• Independently analyzes and evaluates firm records (financial statements, purchase and sales blotters, correspondence, etc.

and systems (order management systems, supervisory alert systems, etc.)

• Assists in identifying notable and emerging trends related to Firm Groupings / Sub-Groupings or FINRA initiatives and escalates to management.
• Trains and mentors junior staff and new hires
• Participates in special projects, as assigned
• Independently analyzes and evaluates firm records (financial statements, purchase and sales blotters, correspondence, etc.

and systems (order management systems, supervisory alert systems, etc.)

Education / Experience Requirements :

• Bachelor’s degree or equivalent relevant experience, required. Advanced degree or law degree, preferred.
• Advanced knowledge of relevant FINRA rules and the federal securities laws and demonstrated investigative experience.
• Advanced knowledge of the securities markets and member firm operations and its books and records.
• Advanced written and verbal communications skills.
• Advanced ability to initiate and complete high quality reviews and investigations, including an ability to work quickly on multiple time-sensitive matters.
• Advanced organizational skills with exceptional attention to detail.
• Advanced proficiency using computer programs with the full suite of Office software applications.
• Effective at building and managing relationships.

For work that is performed in CA, Washington, DC, CO, HI, New York, NY 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 candidate’s skill set, level of experience, education, and internal peer compensation comparisons .

California : Minimum Salary $106,400, Maximum Salary $200,200

Washington, DC : 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

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