Financial Industry Regulatory Authority, Inc. Principal Quantitative Analyst, Advanced Analytics- New York, NY in New York, New York

Title: Principal Quantitative Analyst, Advanced Analytics- New York, NY Location: null Other Locations: null

We Work to Protect Investors. Join our Team. The Financial Industry Regulatory Authority (FINRA) is seeking a well-qualified individual for our Principal Quantitative Analyst- Advanced Analytics opening in New York, NY . To be considered for this position, please submit your resume through our career site at www.finra.org/careers – no phone calls, please. Job Summary:
Leverage advanced statistical and machine learning techniques to build models and visualization tools to effectively examine and conduct surveillance of market participants in mainly Broker-Dealer space. Advanced Analytics Team (AAT) will support the examination and surveillance efforts by closely aligning with internal FINRA teams.

Essential Job Functions:

Serve as a quantitative research analyst working with FINRA staff to build sophisticated predictive models, risk analytics and proper empirical methodology utilizing large amount of structured and unstructured data. Work with management and the Business Units to understand and build business requirements into models. Provide technical expertise for the design and conduct comprehensive, complicated statistical and machine learning research, financial data studies, surveys, reviews, and research projects where the boundaries are extremely broad and difficult to determine in advance. Research and implement the latest academic and industry publications and apply to FINRA’s business needs. Build tools from data ingestion, normalization, visualization to model performance back testing.

Education/Experience:

Required: Candidate must possess an advanced degree in Engineering, mathematics, statistics, computer science, actuarial science, economics or related technical field. Preferred: Doctorate degree in: financial engineering, computational or mathematical finance, computer science, statistics or related field. Strong background in machine learning, hypothesis testing, regression analysis, statistics, or probability at the graduate school level or higher, as well as experience creating predictive analytics with noisy data. Background in text analytics, news aggregation and natural language processing. At least 4 years of experience and knowledge in the field of quantitative research and the specialized area of financial engineering, data science, or risk analytics as it relates to the securities industry. Knowledge of financial engineering to analyze risky portfolio covering a wide range of financial instruments, including equities, fixed income, currencies, futures, commodities, and/or derivatives. Experience in advanced statistical methods, Bayesian learning techniques, pattern recognition and outlier detection algorithms, and building predictive models using both statistical and machine learning approaches. Experience in natural language process, especially in information extraction and text classification will be a plus. Experience in fast prototyping using common data scientist toolkits: Python/R, Plotly, Shiny, Spark, Presto, Tensorflow, pyTorch. Must be comfortable working and communicating both orally and in writing with a variety of people with varying skill and knowledge levels. Must be a self-starter and be able to handle multiple tasks independently and under tight deadlines.

Work Conditions

Regular office conditions; some travel may be required. 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 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.

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. 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 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 operates from Washington, DC, and New York, NY, with other offices around the country.

Find out more about us and how we work—and view our current openings—at 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

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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