Sr. Investigator

Duties and Responsibilities

• Conduct independent, complex investigations of trading activities on the Exchanges to detect possible violations of Exchange Rules and By-Laws—and the interpretations and policies thereunder—and applicable SEC rules and regulations.
• Analyze evidence, apply regulatory judgment across multiple data sources, and determine appropriate disposition.
• Prepare investigative reports detailing findings in a clear, cohesive, and well-supported manner.
• Utilize Division guidelines for style and form, and present complete work product requiring minimal revisions.
• Manage investigations independently from inception to conclusion, meeting expected guidelines and quality standards throughout all stages, including evidence collection, analysis, and case resolution.
• Serve as a mentor and subject matter resource for junior staff; assist management in training and developing less experienced investigators, including reviewing work product, sharing investigative techniques, and providing guidance on regulatory interpretations.
• Collaborate cross-functionally with the Equities Surveillance, Enforcement, and other relevant teams to enhance investigative processes; create solutions that improve team effectiveness and efficiency; and support a cohesive Regulatory Program.
• Present case information to management and Enforcement teams, by articulating investigative findings, evidentiary support, and recommended outcomes clearly and persuasively.
• Assist Enforcement with formal disciplinary proceedings, including preparation of materials and participation in related processes, as required.
• Actively participate in team projects, discussions, and problem solving, including contributing to the development of new investigative processes and methodologies that address emerging regulatory concerns.
• Participate in on-the-record simonies, as required; prepare relevant materials and conduct proceedings with professionalism and regulatory precision.
• Participate in training and continuing education opportunities, industry developments, and team meetings to maintain a current and comprehensive understanding of the equities regulatory environment.

Requirements

• Education: Bachelor’s degree or equivalent required; degree(s) in Finance, Law, Accounting, Economics, Business, or a related field preferred.
• Experience: Minimum 3-5 years of experience in the securities industry, regulatory environment, compliance, or a related legal/investigative field. Demonstrated experience conducting or managing investigations, with the ability to work independently on complex, non-routine matters. Experience working with or at a Self-Regulatory Organization (“SRO”), the SEC, FINRA, or a similar regulatory body is strongly preferred.
• Knowledge & Skills: Strong working knowledge of U.S. equities markets, market structure, and trading operations, including an understanding of the Exchanges’ rules and applicable SEC rules and regulations. Proficiency in analyzing large volumes of trading data to identify patterns, anomalies, and potential violations; experience with data querying tools or trading surveillance platforms is a plus. Exceptional written communication skills, including the ability to draft clear, well-organized investigative reports with minimal supervision. Strong verbal communication skills; ability to present case findings credibly to management, the Enforcement team, and external parties including the SEC and other SROs. High level of analytical ability and sound judgment in evaluating evidence, applying regulatory precedent, and recommending appropriate case dispositions. Strong organizational skills and attention to detail, with the ability to manage multiple active investigations simultaneously under defined timelines. Proficiency in MS Office Suite, including Excel; ability to use data analysis tools relevant to trading surveillance is a plus.