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Senior Vice President of Member Regulation Enforcement - Rockville, MD or New York, NY or Chicago, IL at FINRA

Posted in Police/Fire/Emergency 18 days ago.

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Type: Full-Time
Location: Rockville, Maryland

Job Description:

We Work to Protect Investors. Join our Team.


The Financial Industry Regulatory Authority (FINRA) is seeking a well-qualified individual for our Senior Vice President of Member Regulation Enforcement opening in Rockville, MD or New York, NY or Chicago, IL. To be considered for this position, please submit your resume through our career site at – no phone calls, please.


Job Summary:

The SVP of Member Regulation Enforcement (“SVP-Member Reg”) supervises the specialized attorneys and managers who are dedicated to counseling Member Regulation staff and resolving disciplinary matters arising from examinations by the Department of Member Regulation.  The SVP-Member Reg provides senior level guidance on the appropriate resolution of matters arising from the Department of Member Regulation, and facilitates an ongoing dialogue about decision-making to achieve timely and foreseeable Enforcement outcomes in accordance with the department’s priorities and principles.  The SVP-Member Reg works closely with the EVP and the Deputy Head of Enforcement in monitoring and advising on high-impact and noteworthy investigations that originate from the Member Regulation docket, as well as identifying and monitoring Enforcement matters involving high risk firms and high risk brokers across the Enforcement program. 


The SVP-Member Reg has primary responsibility for ensuring that Enforcement is fully informed and responsive to the risk-based examinations performed by the Department of Member Regulation, as well as other high-risk matters originating within Regulatory Operations.  The SVP-Member Reg monitors all matters across the Enforcement docket that concern high risk firms and high risk or targeted brokers, as defined by Member Regulation.  The SVP-Member Reg is charged with having a deep specialized understanding of the risks posed by each high risk firm, and communicating risks, concerns and priorities regarding those firms to Enforcement staff across the department.  The SVP-Member Reg is also charged with monitoring the progress of high risk and targeted broker examinations and investigations, to achieve timely and effective resolution in accordance with the high priority FINRA places on these matters.  The SVP-Member Reg is also primarily responsible for Enforcement’s daily collaboration with the Department of Member Regulation, and works closely with Member Regulation leadership to facilitate effective communicate and partnership.


Essential skills include the ability to communicate effectively across the department, to successfully collaborate with senior management in other departments, to issue spot and monitor high risk matters to achieve fast and effective outcomes, to lead change across the department, and to oversee the efficient execution of complex and urgent enforcement matters.  

Essential Job Functions:

The SVP-Member Reg assists the EVP of Enforcement to define examination- and risk-based program goals and priorities, and to communicate them to the entire department.  The SVP-Member Reg works closely with the specialized Member Regulation unit to achieve outcomes that are consistent with the examination program’s objectives and risk-based approach, facilitating decision-making that is consistent with FINRA’s priorities, guiding principles, and Sanction Guidelines.  The SVP-Member Reg works closely with Member Regulation senior management to facilitate effective daily collaboration, including early onboarding and counseling by Enforcement attorneys, efficient sharing of documents and information, effective investigations and timely resolutions.  The SVP-Member Reg works closely with the Deputy Chief and other SVPs of Enforcement to effectively communicate the department’s priorities and provide real-time feedback and updates to the department on high risk firms, emerging issues, new strategies for urgent and high risk matters, challenges and “lessons learned.” 

The SVP-Member Reg manages the Chief Counsels who supervise directors and attorneys specializing in Member Regulation matters, ensuring maximum productivity and effectiveness with a large and complex caseload.  The SVP-Member Reg oversees the recruitment and professional development of the managers and attorneys in the group, and is responsible for the culture and work ethic of the team. 


Specific responsibilities include:

  • Providing direction and management to specialized Member Regulation Enforcement attorneys and managers, to maximize productivity and cost-effectiveness, and achieve timely and foreseeable high-quality Enforcement outcomes.  This includes looking for opportunities to enhance effectiveness through cross-staffing and specialized assignments, and soliciting and providing feedback to staff based on observations from manages outside the SVP-Member Reg’s direct reporting lines.

  • Serving as the primary senior Enforcement liaison with senior management across Member Regulation and Regulatory Operations in general, to understand each business unit’s priorities and needs, and to communicate priorities, risks, emerging issues, and sensitivities to the Enforcement department as a whole.

  • Developing deep familiarity and expertise regarding high risk firms, including the firms’ profiles and histories, specific risks posed, and ongoing matters.

  • Developing deep familiarity and expertise regarding the high risk broker and high risk representative programs, to monitor progress and status on individual matters, manage reporting and escalation to senior management, and ensure collaboration and information sharing across related matters.

  • Partnering with Enforcement senior management to identify and monitor high-profile or noteworthy cases on an ongoing basis, and provide ongoing updates to the EVP of Enforcement and the Enforcement department.

  • Managing teams or staff members outside the specialized unit as needed to achieve a coordinated approach to similar matters or issues.

  • Together with the rest of Enforcement senior management, identifying matters involving complex legal theories in order to escalate and coordinate as needed, including monitoring developments, communicating with other departments and/or other regulators, and advising on risks and outcomes.

  • Serving as a key source of legal expertise within FINRA on member regulation-related and high risk Enforcement matters.

  • Representing the EVP of Enforcement and other senior Enforcement managers with other regulatory agencies and outside organizations, as appropriate.

  • Providing performance feedback to other senior managers within and outside Enforcement.

  • Reviewing dockets and reports, and meeting regularly with senior Enforcement staff to identify high-priority matters.

  • Meeting with Member Regulation Enforcement teams to discuss high-priority matters throughout the lifecycle of the matter.

  • Assisting in the assignment and supervision of certain high-priority matters.

  • Leading change in the Enforcement program by focusing on risk-based Enforcement decision-making and analytical rigor.

  • Deepening and enhancing the working relationships and teamwork between Enforcement and the Department of Member Regulation.

  • Leading special projects and producing special reports at the request of the Head of Enforcement.

  • Attending and speaking at outside legal and industry regulatory conferences and FINRA meetings and speaking to the press and the industry on enforcement matters as needed.

Education/Experience Requirements:

  • Position requires a law degree, superior academic credentials, and admission to the bar of the highest court of the District of Columbia or state.  Requires a minimum of 10 years of related complex litigation experience in a regulatory or compliance role, as an attorney or investigator, comprised of:

    • A minimum of seven of the years spent working for a regulatory entity, member firm or law firm, with direct involvement in securities enforcement matters.  

    • A minimum of seven years managing, leading and directing employees in a senior capacity in a team environment.  

  • Candidate must demonstrate superior investigative and legal skills and be able to prioritize a complex workload, make difficult decisions, and resolve difficult issues regarding the Department.  Excellent, interpersonal, organizational, and oral and written communication skills are essential.


Working Conditions:

  • Work is normally performed in an office environment with some travel requirements.

  • Extended hours will be required on a regular basis.  

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.



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.


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