Principal Research Analyst - Regulatory Economics & Market Analysis (REMA)

Job title: Principal Research Analyst - Regulatory Economics & Market Analysis REMA

The primary purpose of the analyst is to research, analyze, interpret, and present data in pursuit of the mission of REMA as a technical expert by delivering solutions to regulators.

Essential Job Functions:

• Under general direction of the Chief Economist and the Deputy Chief Economist, the Principal Research Analyst is responsible for and owner of one or more primary databases within FINRA’s purview for purposes of REMA's work product. The Principal Research Analyst is the subject matter expert in REMA in his/her area(s) of expertise.
• Serve as an REMA expert for one or more primary databases, encompassing several functions including independently-executed analyses of the relevant data, primary support for rulemaking related to the relevant data, and research using the relevant data.
• Provide expertise in data availability, extraction and manipulation to facilitate economic analysis in support of rulemaking and policy.
• Collect, encode, test, clean, and combine data from multiple systems and documenting complex procedures.
• Independently devise/modify/develop new procedures to solve complex problems considering computer equipment capacity and limitations, operating time and form of desired results.
• Provide expert technical support and analyses of the financial markets, and specifically the intersection of regulation and policy with financial and securities markets.
• Develop a high quality work product that is timely, complete, accurate and of professional appearance.
• Solve novel data and analytical problems.
• Provide to FINRA staff data, information and reporting on a wide range of issues related to the financial products and services marketplace, including regulatory research, regulatory and policy developments.
• Summarize for FINRA staff findings and research in written products of various types, including tables, charts, short summaries, as well as longer analytical policy memos and reports.
• Create and prepare economic analyses, written materials, including briefing or issue papers, and memoranda for senior management and members of the financial industry.
• Provide written and oral status reports on projects;
• Mentor junior analysts develop expertise in data analyses and in the execution of essential job duties.
• Demonstration of FINRA’s values.
• Collaboration, both in-person and virtually, in furtherance of FINRA’s mission of investor protection and market integrity.

Education/Experience Requirements:

• Bachelor’s degree in finance, statistics, economics or equivalent with 6 years of related experience or a Master’s degree with 4 years of related experience; advanced degree preferred
• Proficient in extracting financial and securities-related data from sources including databases (using tools such as SQL) and big data environments
• Expert quantitative skills, including data analysis using spreadsheets and statistical packages (such as Python, R, SQL, and other programming skills or similar open source tools) to apply academic research to real-world issues and present concise explanations of complex analyses
• Experience combining data from multiple sources and in assessing data quality, consistency, and completeness
• Strong empirical background
• Ability to understand and apply advanced economic and statistical concepts
• Require advanced knowledge of and training in econometrics, mathematical statistics, or both, as well as good computer skills
• Excellent communication (interpersonal and writing) skills
• Ability to analyze complex data and communicate findings and recommendations in clear, concise manner
• Critical thinking, problem-solving skills
• Detail-oriented

Working Conditions:

• Hybrid work environment, with defined in-person presence requirements.
• Extended hours may be required.

FINRA salary ranges vary by location. The following are example ranges for selected locations:

Boston, MA: 112,300 - 202,500 Chicago, IL: 107,500 - 194,100 Denver, CO: 97,700 - 176,100 Jericho, NY: 112,300 - 202,500 Jersey City, NJ: 117,200 - 211,400 Philadelphia, PA: 107,500 - 194,100 New York, NY: 117,200 - 211,400 Rockville, MD: 112,300 - 202,500 Tysons, VA: 112,300 - 202,500 Washington, DC: 112,300 - 202,500 Woodbridge, NJ: 112,300 - 202,500 Connecticut State: 97,700- 211,400 Washington State: 97,700- 211,400

LI-Hybrid

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 is an Equal Opportunity Employer. All qualified applicants receive consideration for employment without regard to race, color, age, national origin, ethnicity, religion, disability, genetic information, military or veteran status, sex, or any other status or classification protected by state or local law.

If you need a disability-related accommodation for completing the application process, please contact FINRA’s Employee Relations team.