Senior Advisor: Market Regulation & Regulatory Service Agreement; RSA)

Position: Senior Advisor: Market Regulation & Regulatory Service Agreement (RSA)
The Senior Advisor:
Market Regulation and Regulatory Service Agreement (RSA), serves as a strategic regulatory advisor and subject matter expert on market structure, market regulation, and Regulatory Services Agreement (RSA) matters. This role provides critical leadership in analyzing regulatory developments, shaping organizational positions, and ensuring effective coordination across FINRA's Regulatory Operations and enterprise-wide stakeholder groups.

Essential Job Functions:

Regulatory Intelligence & Strategic Advisory Monitors, analyzes, and interprets complex regulatory developments related to market structure and market regulation from exchanges, FINRA, the SEC, and other regulatory bodies

Provides expert guidance to senior leadership on the operational, strategic, and policy implications of new and emerging regulatory requirements

Directs the preparation and distribution of comprehensive regulatory intelligence materials for diverse stakeholder audiences

Serves as a trusted advisor to the Vice President and Chief Regulatory Operations Officer (CROO) on enforcement matters within the market regulation and RSA domains

Cross-Functional Policy Coordination & Implementation Partners with Regulatory Operations policy teams to ensure timely communication and appropriate codification of new regulatory requirements into operational policies and procedures

Provides authoritative subject matter expertise to assess impact and guide implementation strategies across surveillance and market investigations functions

Reviews and advises on Regulatory Operations policies and procedures governing the application of FINRA rules and securities laws in market regulation and RSA contexts

Ensures alignment between regulatory developments, operational capabilities, and policy frameworks

Enterprise Representation & Stakeholder Management Represents Regulatory Operations in high-level RSA meetings and organization-wide strategic initiatives

Collaborates with the Office of General Counsel (OGC) on rule making, regulatory policy development, and governance matters affecting market regulation and RSA functions

Coordinates with Market Regulation Services (MRS) teams to monitor RSA contract changes and assess operational impact

Leads cross-departmental working groups and initiatives to develop unified FINRA positions on critical regulatory issues

Strategic Synthesis & Communications Synthesize complex, multi-dimensional input on key regulatory issues facing FINRA in the RSA and market regulation space, translating technical matters into actionable strategic recommendations

Communicates policy positions and operational considerations effectively to internal stakeholders, including senior leadership and business line leaders

Facilitates knowledge sharing and alignment across geographically dispersed and functionally diverse teams

Other Requirements Deep knowledge of FINRA rules, SEC regulations, and securities laws applicable to market regulation and trading activities

Strong understanding of Regulatory Services Agreements and exchange regulatory frameworks

Exceptional analytical skills with ability to assess regulatory impact across multiple operational dimensions

Strategic thinking and ability to synthesize complex information from diverse sources

Superior written and verbal communication skills, including ability to communicate technical concepts to non-technical audiences

Proven ability to influence and build consensus across organizational boundaries

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 required; advanced degree (JD, MBA, or relevant master's degree) strongly preferred
12+ years of progressive experience in securities regulation, market regulation, compliance, or related regulatory operations roles

Demonstrated expertise in market structure, trading surveillance, market investigations, or exchange regulation

Proven track record of policy development, regulatory interpretation, and cross-functional collaboration in complex financial services organizations

Experience representing organizational interests in regulatory forums or industry working groupsFINRA Securities Industry Essentials (SIE) certification or acceptable industry equivalent certification is required upon hire or within 16 months of the start date of the assigned SIE training cohort.

Work Conditions:

Hybrid work environment, with…