Saturday, November 03, 2007

Product Mgmt Systems Analyst in New York, NY

Saturday, November 03, 2007
PRODUCT MANAGEMENT SYSTEMS ANALYST, NEW YORK



FINRA, created through the consolidation of NASD (National Association of Securities Dealers) and the member regulation, enforcement, and arbitration functions of the New York Stock Exchange, is currently seeking talented individuals for our opening for a Product Management Systems Analyst in our New York location. The Financial Industry Regulatory Authority (FINRA) is the largest non-governmental regulator for all securities firms doing business in the United States and is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services.



Major Purpose of Job:

The Product Management Systems Analyst will work in conjunction with the VP, Product Management on the development and distribution of technical specifications and related coding guidance for participants. The position is responsible for insuring that participants comprehend and adhere to the FINRA rules that govern the various Transparency Services interfaces for quoting and trade reporting fixed income and equity products. This role assists the Senior Product Manager in directing the technology vision to provide appropriate solutions and functionality for Transparency Services products. The role collaborates with participants and other FINRA departments, ensuring that Transparency Services products support the vision and provide accurate and timely data transmissions.



The Product Management Systems Analyst works in conjunction with FINRA Operations and Market Regulation to insure that the front end systems integrate seamlessly into the regulatory environments for both real-time and post market surveillance. The job requires a broad base understanding of interfaces, trade reporting and maintaining the integrity of data capture and audit trail transmission for surveillance, analysis and billing.



The Product Management Systems Analyst has a broad based understanding of the securities industry processing including a working knowledge of FINRA member firm's order and trade reporting systems and Exchange based systems. The Product Management Systems Analyst is a key stakeholder in the quality assurance process and is an active participant in software reviews and release testing to ensure the integrity of the FINRA processing environments. In addition, the Product Management Systems Analyst is responsible for keeping abreast of events, issues and changes that will or can affect the fixed income and equities industry such as: FINRA or SEC rule filings, publications and announcements.



Essential Job Functions:

  • In conjunction with the communications department, keeps website/emails up-to-date to interpret rules and procedures for usage of systems. To that end, originates initial drafts of technical specifications, user manuals, and will be responsible for technical input or review of Notices to Members that address system related topics.

  • Maintains list of business contacts and primary and secondary technical contacts for system-related questions, including working with FINRA Operations to ensure accuracy of contact lists and coordinating system upgrades, outage notifications and resolutions.

  • Assists in preparing for industry presentations (vendor meetings and industry notices); industry committees; and, meetings with industry professionals.

  • Reviews quality and content of participant specifications and web-sites to insure accuracy and compliance with FINRA rules and technical requirements. Responds to client inquiries regarding data and interface related issues.

  • Coordinates data requirements across FINRA divisions including: Technology, Market Regulation, Member Regulation and OGC.

  • Answers general inquiries regarding rules and requirements of Transparency Services products including ADF, TRF, OTC Equities and TRACE.



    Education/Experience Requirements:

  • BA/BS in Finance or Business;

  • Five+ years of experience in the fixed income and/or equities industry. Hands-on system experience with fixed income and/or equity OMS or trade reporting systems.

  • Must have excellent verbal and written communication skills as well as experience communicating with technical and operations teams.



    Working Conditions:

    Standard office environment. Extended hours and travel may be required. Frequent use of telephone and PC.



    In addition to a competitive salary, comprehensive health & welfare benefits, and an incentive bonus, FINRA offers immediate participation and vesting in a 401(k) with company match; a company funded pension plan; tuition reimbursement 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.





    ABOUT FINRA:



    A new single SRO [Self Regulatory Organization] for the U.S. Securities Industry was created with the joining of NASD and NYSE Regulation, Inc. in July 2007. This new SRO is the largest self-regulatory organization for securities brokers and dealers in the world. FINRA streamlines regulation by eliminating dual-regulation that existed for 200 of the largest securities firms in the U.S. Come join us as we become a modern regulator by focusing our efforts not just on enforcement of rules, but on forward thinking activities such as member education, investor education, compliance training for industry firms and increased collaboration with other U.S. and International Regulatory bodies.



    FINRA is the largest non-governmental regulator for all securities firms doing business in the United States. All told, FINRA oversees nearly 5,100 brokerage firms, about 173,000 branch offices and more than 665,000 registered securities representatives. FINRA touches virtually every aspect of the securities business - from registering and educating all industry participants, to examining securities firms, enforcing both FINRA rules and the federal securities laws, and administering the largest dispute resolution forum for investors and member firms. FINRA is dedicated to investor protection and market integrity through effective and efficient regulation and complementary compliance and technology-based services.

    To Apply to this job go to http://www.GadBall.com or click here

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