Investigative Director, Enforcement – New York, NY 10005

The Enforcement Investigative Director manages a team of Enforcement investigators developing the factual record in Enforcement cases of various sizes and levels of complexity. The Investigative Director is the day-to-day manager of the investigators’ large and diverse docket of cases and investigative assignments, responsible for ensuring that investigations are targeted and complete, investigative methodologies are established and consistent, and factual findings are supported by clear and sufficient evidence. The Investigative Director is also responsible for monitoring the aging and progress of investigations to ensure that matters are resolved promptly and prioritized appropriately using FINRA’s risk-based approach. The Investigative Director and his or her team work closely with Enforcement legal staff to achieve consistent and foreseeable Enforcement outcomes, including by identifying and escalating novel issues and investigative approaches. The Investigative Director also facilitates active and effective collaboration between Enforcement investigators and other FINRA staff, including Enforcement attorneys and investigative staff outside of Enforcement. Finally, the Investigative Director manages staff performance and development by overseeing staff assignments and development opportunities.

Essential skills include the ability to communicate effectively with team members in different geographic locations, to achieve high quality investigative findings using accepted and reliable methodologies, to effectively prioritize and progress matters in a timely fashion, to successfully collaborate with senior management in Enforcement and other departments, and to manage personnel effectively.

Enforcement Investigative Directors are responsible for ensuring that Enforcement investigators conduct thorough and thoughtful factual analysis to achieve optimal outcomes in Enforcement matters. The Director manages a team of investigators, who may be located in different locations, handling a diverse docket of cases covering a number of subject matter areas. The Investigative Director works closely with his or her team to achieve high quality factual findings using accepted and reliable methodologies. The Investigative Director works closely with team members to develop and assess investigative strategies, including planning the investigation in collaboration with Enforcement attorneys to ensure the investigation is appropriately guided by a clear legal framework. The Investigative Director is an expert on, and trains and develops team members in, the use of investigative tools and techniques, and identifies opportunities to use tools and analytics to progress cases more efficiently and/or effectively. The Investigative Director monitors investigations to ensure they are adequate and strategic, and works closely with investigators, attorneys and other managers to apply the factual findings to the law in a way that is fair, clear, and well-supported by the record. The Investigative Director is also responsible for monitoring case progress to ensure timely progression and appropriate prioritization, and to identify opportunities when it is appropriate to add additional staff or use different methodologies. Investigative Directors monitor staffing assignments and staff development to efficiently leverage investigators’ skills and expertise and maximize each investigator’s contributions and growth. Investigative Directors also collaborate with staff in other FINRA departments that conduct investigations, such as Member Regulation and Market Regulation, to share information about investigative methodologies, technology, and data, and jointly develop standard approaches to be used consistently across FINRA.

Specific responsibilities include:

  • Provide oversight, direction and active management to Enforcement investigators to achieve timely and foreseeable high-quality Enforcement outcomes. This includes working closely with investigators to assess investigative strategy and techniques, monitoring the quality of the investigation including reviewing the results of data analysis, and suggesting alternative approaches as needed.
  • Partner with Enforcement directors and other attorney staff on case development and strategy.
  • Monitor case progress and continually assess whether different staffing approaches, technology, or other methods could progress cases more effectively, with an emphasis on rapid resolution of high-risk and other high-priority matters.
  • Actively manage and support the investigators’ working relationships and teamwork with Enforcement attorneys and with other FINRA departments, including Member Regulation, Market Regulation, and Office of Fraud Detection and Market Intelligence. Work closely with peers within and outside of Enforcement to achieve effective information-sharing and a strategic partnership in developing a factual record supported by a well-reasoned legal framework.
  • Work closely with other managers to prioritize assignments and resolve conflicts on staff members’ dockets.
  • Actively manage teams handling matters throughout the lifecycle of the matter, including providing updates as needed to Enforcement senior management and business partners throughout FINRA.
  • Provide input to attorneys regarding proposed Enforcement outcomes and other regulatory responses to achieve consistent decision-making based on risk. Work with attorney teams to achieve foreseeable charges and sanctions in Enforcement matters under management, including adherence to FINRA’s priorities and principles.
  • Supervise investigators involved in litigated matters, including helping to prepare investigators for trial testimony, and collaborating closely with the attorneys to strategize and prepare trial exhibits. Participate in trials as needed.
  • Ensure written work product is high-quality, professional and persuasive.
  • Identify and escalate potential issues of legal interpretation, policy and risk in Enforcement matters on the team’s docket. Effectively and frequently communicate with Enforcement senior management about potential issues and questions.
  • Identify and escalate matters involving complex and novel fact patterns in order to coordinate as needed, including monitoring developments and advising on risks and outcomes.
  • Identify opportunities to enhance effectiveness through cross-staffing and specialized assignments, and solicit and provide feedback to staff based on observations from other managers.
  • Continuously provide performance feedback to direct reports.
  • Provide performance feedback to other managers regarding their staff’s work and collaboration.
  • Review dockets and reports, and meet regularly with staff to monitor quality and timeliness of case progression.

Education/Experience Requirements:

  • Bachelor’s degree preferably in Accounting, Business or Finance with a minimum of six (6) hours of accounting.
  • A minimum of twelve years relevant experience, with at least five years of experience in conducting enforcement-oriented investigations.
  • Familiarity with diverse investigative technologies, data analysis and data strategies. ACAMS and CFE designations preferred.
  • Substantial experience managing, leading and directing employees 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.
  • Demonstrated communications ability. Excellent, interpersonal, organizational, and oral and written communication skills are essential.

Working Conditions:

Work is normally performed in an office environment. Extended hours will be required on a regular basis. Some travel requirements.

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.

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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.

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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