Principal Counsel, Regulatory

Principal Counsel in Office of General Counsel (OGC), Regulatory Policy

The Principal Counsel in Office of General Counsel (OGC), Regulatory Policy renders legal advice and support in connection with the complete life cycle of new regulatory initiatives and serves as subject matter resource in one or more areas of legal expertise. This position is an experienced individual contributor who demonstrates increasing subject matter expertise and independence.

Essential Job Functions:

• Assists in providing advice to the Board of Governors and FINRA advisory committees with respect to regulatory initiatives and rule changes under consideration by the Board.
• Assists in briefing and communicating regulatory initiatives to senior executives of FINRA. Must be able to provide such analysis under urgent deadlines.
• Serves as a source of legal expertise within FINRA in subject areas and provides advice on questions in these subject areas.
• Prepares Board materials that contain sophisticated analyses and discussions of competing policy or political considerations necessary for the informed judgment of the issues by the Board.
• Reviews and drafts new rule proposals, with increased independence; gathers and incorporates views of industry participants, other regulators, senior staff and other interested parties; and prepares rule filings to the SEC.
• Works with Regulatory Economics and Market Analysis (REMA) in conducting economic impact assessments of rulemakings.
• Participates in meetings with senior staff of SEC, industry groups and other interested parties concerning regulatory initiatives.
• Presents at regulatory policy public conferences and meetings of FINRA advisory committees on areas of subject matter expertise, as required.
• Prepares Regulatory Notices, rule guidance and other correspondence with member firms, their outside counsel and other interested parties.
• Conducts legal and other research into matters of regulatory policy as necessary to (1) develop rule proposals and to respond to internal and external comments, and (2) respond to interpretive and exemptive requests.
• Collaborates across OGC to identify and present original, creative, innovative and sophisticated solutions and proposals for changes to existing rules, including the elimination or reduction of unnecessary regulation and the adoption of new rules.
• Keeps abreast of and analyzes SEC, industry and other self-regulatory organization initiatives, and develops and maintains strong working relationships with SEC staff and other regulators.
• Demonstrates FINRA's values.
• Collaborates, both in-person and virtually, in furtherance of FINRA's mission of investor protection and market integrity.

Education/Experience Requirements:

• A law degree and appropriately licensed to practice law in all applicable jurisdictions based on the relevant licensing requirements.
• A minimum of six (6) years of directly related legal experience.
• Advanced working knowledge of laws, rules, and regulations governing the securities industry.
• Strong organizational skills.
• Excellent oral and written communication skills.
• Excellent judgment, analytical, and interpersonal skills.

Work Conditions:

• Hybrid work environment, with defined in-person presence requirements.
• Occasional travel and extended hours may be required.

Salary Range:

CO/FL/TX: Minimum Salary $114,200, Maximum Salary $207,200

IL/PA: Minimum Salary $125,900, Maximum Salary $228,000

MA/MD/VA/Washington, DC: Minimum Salary $131,200, Maximum Salary $238,300

NY/NJ: Minimum Salary $131,200, Maximum Salary $248,700

To be considered for this position, please submit an application. Applications are accepted on an ongoing basis.