Public Offerings Analyst - Corporate Finance

  • Competitive
  • Rockville, MD, USA
  • Permanent, Full time
  • FINRA
  • 28 Sep 16

We Work to Protect Investors. Join our Team. The Financial Industry Regulatory Authority (FINRA) is seeking well-qualified individuals for our Public Offerings Analyst openings in Rockville, MD. To be considered for this position, please submit your resume through our career site at www.finra.org/careers – no phone calls, please.

Major Purpose:

The Analyst position in the Corporate Financing Dept. requires the analysis of complex public offering transactions often under severe time pressure. In addition to reviewing and analyzing registration statements, underwriting documents and information filed through the Department’s systems, the Analyst must effectively communicate with members’ counsel in telephone calls and through comment letters.  The Analyst must be able to identify missing or conflicting information about underwriting terms and arrangements and then insist that counsel provide modifications to such arrangements before their clients can access the capital markets.  The Analyst is also responsible for developing investigative matters for potential violations of the Corporate Financing Rules. This is a professional work environment in which incumbents are learning their assigned roles, attaining new skills, and working under direct supervision from multiple reporting lines

 

Essential Job Functions:

  • Responsible for identifying and analyzing regulatory issues in public offerings and reviews proposed underwriting arrangements for compliance with FINRA/NASD and SEC rules and federal securities laws. 
  • Ensures underwriting compensation is within FINRA guidelines, is properly disclosed and that distribution related terms and arrangements are fair and reasonable.
  • Ensures that conflicts of interest are prominently disclosed and that offerings by members or their affiliates comply with FINRA rules designed to regulate such conflicts of interest.
  • Drafts comment and inquiry letters based upon review of multiple offering documents.  Communicates FINRA rules and policies to counsel and reviews correspondence on issues related to filings and investigations. 
  • Conducts initial investigations and develops cases related to potential violations of the Corporate Financing Rules.
  • With moderate guidance, develops investigative cases directly initiated by Corporate Financing staff, provides assistance to other FINRA Departments and/or coordinates with other external securities regulators.
  • Possesses excellent organizational skills and maintains files that indicate the status of reviews and investigations which also document oral communications pertinent to the Department’s review.  
  • Responds to telephone inquiries from members, issuers, their counsel, the SEC, other FINRA Departments, District Offices and the public regarding public offerings of securities. 
    If required, creates reports, charts, graphs, presentations and other Department correspondence.
  • Maintains working files and electronic database systems integrity.

 

Other Responsibilities:

  • Maintains a high degree of familiarity with department responsibilities, practices and industry guidelines including regulations affecting public offerings of securities. 
  • Participates in department projects

 

Qualifications

 

Education/Experience Requirements:

Analyst, Grade 44

  • Bachelor’s degree in business, finance, or accounting or the equivalent. 

  • One year related work experience in the financial industry.

  • Must be detailed oriented.

  • Ability to work independently; self-motivated. 

  • Competent in using a desktop computer with the full suite of offices software applications, including, applications directly related to the section to which assigned.  

  • Ability to manage multiple priorities, meet established turnaround goals and deadlines. 

  • Strong time-management, problem solving skills and organizational skills are highly desired.  

  • Ability to work under high pressure and in stressful situations. 

  • Demonstrate strong written and interpersonal communication skills.

 

Education/Experience Requirements:

Senior Analyst, Grade 45

  • Bachelor’s degree in business, finance, or accounting or the equivalent       

  • Three years of experience in the FINRA or the SEC analyzing public offerings conditions.

  • Must be detailed oriented.

  • Ability to work independently; self-motivated. 

  • Competent in using a desktop computer with the full suite of offices software applications, including, applications directly related to the section to which assigned.  

  • Ability to manage multiple priorities, meet established turnaround goals and deadlines.

  • Strong time-management, problem solving skills and organizational skills are highly desired.

  • Ability to work under high pressure and in stressful situations.

  • Demonstrate excellent written and interpersonal communication skills.

 

Working Conditions:

  • Work is normally performed in an office environment.

  • Occasional travel may be required. 

  • Some extended hours may be required.

 

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.

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.

 

About FINRA

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. 

 

All told, FINRA oversees roughly 4,000 securities firms and more than 643,000 brokers.  FINRA performs various market regulation functions under contract for almost every equities market in the United States, including the New York Stock Exchange, NYSE Arca, NYSE MKT, NASDAQ, NASDAQ Options Market, NASDAQ OMX Philadelphia, NASDAQ OMX BX, BZX, BYZ, EDGA and EDGX Exchanges.

 

In addition, FINRA is responsible for regulating about 60 percent of the options market. FINRA performs various market regulation functions for the Chicago Board Options Exchange (CBOE), C2 Options Exchange and MIAX Options Exchange.

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 fact, FINRA processes, on average, 42 billion—and up to 75 billion—transactions every day to build a complete, holistic picture of market trading in the United States.

 

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 3,600 employees and operates from Washington, DC, and New York, NY, with 17 offices around the country.

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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