Director, Transparency Services Business Analysis at FINRA in Rockville, Maryland

Job Description:

The Director, Business Analysis is a critical role within Product Management that strategically works with management to plan and design future projects as part of the overall vision for Transparency Services (TS). Responsible for business analysis, project management, development of business requirements and production support for all discretionary and non- discretionary projects. The Director partners with other FINRA teams such as FINRA Operations, OGC, Finance and Market Regulation, to implement technical solutions and enhancements that cut across the organization and support downstream FINRA systems such as Market Regulation and Surveillance. Ensures that solutions are delivering products that support FINRA’s vision.
The systems supported are real time trade and quote reporting systems directly impacting the markets, investors and member firms. This role requires extensive business knowledge in the areas of Equities and Fixed income, and the ability to understand FINRA rules and business needs and translate them into technical solutions that can be implemented quickly and in a cost effective manner.

Essential Job Functions:

• Directs a team of Analysts responsible for working with the business teams to analyze their needs and accurately capture and document business requirements for the Development Team. Ensures deadlines are met or exceeded. Partners with Development Team Management to identify technical solutions that fit the business needs and in doing so acts as a liaison between the technical and business teams.


• Continuously communicates with internal FINRA teams with respect to system changes, enhancements and new initiatives that could impact their systems. The job requires a firm understanding of internal and external technical interfaces, data structures, and SDLC methodologies.


• Directs analysts in capturing and documenting all change control items for enhancements and bugs and facilitates brain analysis sessions between FINRA business analyst, FINRA Business teams and technology Developers to arrive at solutions to problems.


• Provides technical expertise to design systems and manage projects identifying issues and solutions to comply with FINRA and SEC rules.


• Establishes and maintains external relationships with product / service vendors and industry forums


• Represents FINRA at Industry working groups or panels sponsored by other Industry leaders such as SIP, DTCC or SIFMA.


• Evaluates new technologies, techniques, and tools.


• Works with TS Director of Support, Testing and Implementation to prepare and facilitate industry presentations on Fixed Income and Equity projects.


• Along with TS business managers, attends meeting with firms to solicit information and gain an understanding of the ways firms work so that FINRA can be better positioned to provide solutions towards increased market transparency.


• Provides technical guidance to Market Operations on TRACE and Equity related question and responds to client inquiries regarding data and interface related issues.


• Responsible for making quick and accurate decisions during system events and directing others in taking corrective action, escalating to upper management and disseminating information externally to notify the industry of events affecting the markets.


• Collaborates with other senior managers in brainstorming and providing creative proposal for solving complex business problems in support of business requirements and FINRA rules.


• Coordinates with the Director of Support, Testing and Implementation to plan and execute all user acceptance testing and to deliver solutions into production seamlessly.


• Assesses business and technical risks from system implementations and provides solutions to mitigate risks keeping business teams and upper management informed on a regular basis.

Other Responsibilities

• Acts as a mentor and role model to their direct reports and to other junior staff members in Transparency Services, providing guidance and subject matter expertise to help others reach their full potential.

Education/Experience Requirements:

• BA/BS in Information Technology, Finance or Business;


• Ten+ years of experience in the fixed income and/or equities industry. Hands-on system experience with fixed income and/or equity OMS or trade reporting systems.


• Extensive knowledge of industry leading technology best practices


• Must have excellent verbal and written communication skills as well as experience communicating with technical and operations teams.


• Must possess excellent problem solving skills


• Ability to think strategically to implement company-wide initiatives

Work Conditions

• Standard office environment. Extended hours and travel may be required. Frequent use of telephone and PC.

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 $146,200, Maximum Salary $296,100

Washington, DC: Minimum Salary $146,200, Maximum Salary $283,800

Colorado/Hawaii: Minimum Salary $127,300, Maximum Salary $246,600

New York, NY: Minimum Salary $152,700, Maximum Salary $296,100

Washington: Minimum Salary $127,300, Maximum Salary $283,800

#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 may be eligible for a discretionary bonus in addition to base pay. FINRA provides comprehensive health, dental and vision insurance.  Additional insurance includes basic life, accidental death and dismemberment, supplemental life, spouse/domestic partner and dependent life, and spouse/domestic partner and dependent accidental death and dismemberment, short- and long-term disability, long-term care, business travel accident, disability and legal.  FINRA offers immediate participation and vesting in a 401(k) plan with company match and eligibility for participation in an additional FINRA-funded retirement contribution, tuition reimbursement and many other benefits. 

Time Off and Paid Leave*

FINRA encourages its employees to focus on their health and wellness in many ways, including through a generous time-off program of 15 days of paid time off, 5 personal days and 9 sick days (all pro-rated in the first year). Additionally, we are proud to support our communities by providing two volunteer service days (based on full-time schedule). Other paid leave includes military leave, jury duty leave, bereavement leave, voting and election official leave for federal, state or local primary and general elections, care of a family member leave (available after 90 days of employment); and childbirth and parental leave (available after 90 days of employment). Full-time employees receive nine paid holidays.

*Based on full-time schedule

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.

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 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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