Senior Risk Specialist, Office of Risk - New York, NY or Washington, DC Job Listing at FINRA in New York, NY (Job ID 001687)



Location: New York, NY
Application deadline: None
Type: Not specified
Career Level: Associate
Salary Range: Not specified
Number of Jobs: 1
Relocation Available: No
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We Work to Protect Investors. Join our Team.

FINRA is seeking a well-qualified individual for our Senior Risk Specialist opening in our New York, NY or Washington, DC office. To be considered for this position, please submit your resume through our career site at - no phone calls, please.
Job Summary:
  • Actively support the development of an ongoing process to identify risks and define both quantitative and qualitative measurement methods.

  • Assist in the design, development, enhancement, and implementation of key risk management operations for the regulatory operations units.

  • Support the Identification of the data required to support risk measurement methods and approaches and help to articulate a prioritized data acquisition strategy.

  • Actively support the production of robust risk based analytics, models and tools across multiple dimensions of interest to FINRA regulatory operations units.

  • Design and deliver actionable risk intelligence for internal consumers of risk analytics working with large volumes of data.

  • Actively support communication and engagements with regulatory operations units, government agencies, other self-regulatory organizations, and exchanges.
Essential Job Functions: 
  • Support the comprehensive and successful execution of the office's key risk programs in an efficient and effective manner.

  • Define logic to drive risk modeling efforts across a number of dimensions and continually assess the quality of risk models, scenarios, and related output.

  • Demonstrate proficiency in risk management by the identification of new risk drivers in support of the overall risk framework and FINRA's strategic objectives.

  • Use business process improvement frameworks and methodologies (such as Lean and Six Sigma tools) for documentation and analysis of complex business processes.

  • Provide thought leadership in, and keep current with, new and industry standard risk monitoring and surveillance techniques.

  • Lead and participate in risk management and mitigation special projects in direct support of regulatory operations units. Participate in, support, and lead national strategic and tactical initiatives as requested by management.

  • Support management and others to inform internal and external constituents on overall program vision, strategy, operations, processes, and implementation status.

  • Assert critical leadership qualities to motivate self and team members to achieve results. Effectively lead teams, work effectively on teams, and encourage teamwork. Effectively communicate with team members and other staff. Help develop and maintain a positive and supportive work environment and culture.

  • Engage team members and management to identify issues and problems and to devise solutions. Includes working with other groups to develop risk scores, profiles, peer comparisons, financial performance, exposures against limits, and other risk analyses.

  • Coach and mentor less experienced analysts to enhance development and to ensure consistent achievement of established standards.

Education/Experience Requirements:
  • Bachelor's degree in economics, finance, business, management sciences, or risk management and a minimum of seven years of directly related compliance or risk management experience is required.
  • Graduate or advanced degree is highly desirable.
  • Advanced knowledge of data analytic tools and techniques related to risk measurement and management.
  • Advanced knowledge of SQL or SAS or comparable language and an ability to analyze large volumes of data quickly and efficiently.
  • Must have strong financial and risk analytical skills and have some experience in operations and risk modeling fields.
  • Experience using project management tools to drive results.
  • Excellent written and verbal communication skills.
  • Effective leadership and team skills, including the ability to deal effectively

Working Conditions:

  • Work is normally performed in an office environment.
  • Some travel is required.
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.
Please note: 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. As standard practice, employees must also complete FINRA's Employee Confidentiality and Invention Assignment Agreement and comply with the company's policy on nepotism.
The Financial Industry Regulatory Authority (FINRA) is the largest independent regulator for all securities firms doing business in the United States. FINRA's mission is to protect America's investors by making sure the securities industry operates fairly and honestly. All told, FINRA oversees nearly 4,600 brokerage firms, about 164,000 branch offices and approximately 632,000 registered securities representatives.
FINRA's independent regulation plays a critical role in America's financial system and 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. We also perform market regulation under contract for the major U.S. stock markets, including the New York Stock Exchange, NYSE Arca, NYSE Amex, The NASDAQ Stock Market and the International Securities Exchange.
FINRA has approximately 3,000 employees and operates from Washington, DC, and New York, NY, with 20 regional offices around the country.
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.
Find out more about us and how we work-and view our current openings-at
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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
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