FINRA - The Financial Industry Regulatory Authority
Senior Economist - Washington, DC or New York, NY (Job Number: 002630)
We Work to Protect Investors. Join our Team.
FINRA is seeking a well-qualified individual for
our Senior Economist opening in Washington, DC or
New York, NY. To be considered for this position,
please submit your resume through our career site
at http://www.finra.org/careers – no phone calls, please.
JOB DESCRIPTION: The primary duties of this
position are to engage in statistical,
econometric and financial analysis projects to
evaluate the risks, costs and impacts of market
practice and regulatory alternatives to assist
establishing a defined process and in support a
variety of department needs across FINRA.
ESSENTIAL JOB FUNCTIONS: The Senior Economist
combines theoretical and empirical modeling
skills to analyze securities markets, market
participants and market microstructure. Analyses
often involve developing and estimating models of
the risks, costs and impacts of market practice
and regulatory alternatives. In this position,
the Senior Economist will serve as the primary
liaison between the Office of the Chief Economist
and the various offices across FINRA, including
Market Regulation, Office of Emerging Issues,
Office of Risk and others that have statistical
and economic needs. The Senior Economist will be
responsible for working on a variety of projects, including:
Manage large scale data project design, implementation and analysis;
Develop and manage methodologies to provide
calculations and analysis of relevant statistics
for economic impact assessment;
Model and analyze data to provide solutions and
answers in a variety of engagements;
Work with middle and senior managers across the
organization to assess their economic analysis
needs and design, conceptualize, create and execute programs to meet them;
Conduct research in support of FINRA's mission;
Exercise independent judgment in developing
models to determine and track member firm and
market behavior; write and publish reports on
various economic and financial topics;
Lead projects and teams that may include staff from across FINRA;
Represent the Office of the Chief Economist in
internal and industry-wide conferences, seminars,
presentations and other speaking engagements;
Present research findings to topic area experts,
including securities industry professionals and other regulators;
Publish research results for industry and public review;
Other projects as needed.
JOB QUALIFICATIONS:
Education/Experience Requirements:
- The candidate should possess a PhD in
economics, finance, statistics or a similar
degree. The candidate should also be able to
demonstrate ample experience in producing
complete economic analyses, including project
design and development, econometric modeling,
statistical analysis, data collection and
manipulation, programming, and written reports. A
minimum of five to six years of direct experience is required.
- The candidate must be comfortable working with
a variety of people with varying skill and
knowledge levels. The candidate must also be able
to communicate well, both orally and in writing.
The candidate must have the ability to handle
multiple tasks under tight deadlines. We are
seeking a self-starter who is comfortable working independently.
WORKING CONDITIONS: Regular office conditions; some travel may be required.
APPLICATION PROCEDURE: 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
http://www.finra.org/careers 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.
FURTHER INFORMATION: 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.
ABOUT FINRA: The Financial Industry Regulatory
Authority (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'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.
All told, FINRA oversees nearly 4,600 brokerage
firms, about 164,000 branch offices and
approximately 632,000 registered securities
representatives. 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.
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 has approximately 3,000 employees and
operates from Washington, DC, and New York, NY,
with 20 regional offices around the country.
Find out more about us and how we workand view
our current openingsat http://www.finra.org/careers.
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.
2013 FINRA. All rights reserved. FINRA is a
registered trademark of the Financial Industry Regulatory Authority, Inc.
Posted 8/19/13