Overview
Vice President, SMI Surveillance Operations Jobs in Rockville, Maryland, USA at Financial Industry Regulatory Authority
Title: Vice President, SMI Surveillance Operations
Company: Financial Industry Regulatory Authority
Location: Rockville, Maryland, USA
Type: Full Time
Category: Management, Security
The Vice President, Surveillance Operations is responsible for leading and overseeing the operational and strategic aspects of the market surveillance activities performed by Market Regulation and Transparency Services’ (MRTS) Surveillance and Market Intelligence (SMI) teams. This includes providing strategic direction and oversight of operational and compliance standards across SMI to promote and ensure a center of excellence for surveillance Vice President also provides expert knowledge in the implementation and execution of an effective
quality assurance
program designed to mitigate potential risks related to market surveillance activities and proactively address emerging trends or opportunities requiring the attention of MRTS
senior management
.
Essential Job Functions:
Oversee and drive the strategic direction for operational standards and quality reviews for surveillance output across SMI teams, with a focus on standardizing a cohesive approach to surveillance activities and consolidating and streamlining output to support
continuous improvement
and
innovation
.
Develop and enforce holistic surveillance standards and operations across disparate and
diverse
SMI teams.
Advise and support the Executive Vice President, SMI and other SMI leaders with
respect
to operational and compliance standards for surveillance activities across SMI and the development of surveillance goals, objectives and key results.
Oversee a team responsible for quality reviews of surveillance output across SMI teams, including developing key metrics to monitor surveillance program execution and effectiveness.
Oversee the development and implementation of operational policies, procedures and standards for the SMI teams, with a focus on
quality assurance
and controls, timeliness and efficacy of surveillance activities, as well as consistency in the expansion of the surveillance portfolio.
Advise on regulatory changes and developments in the industry and assess their impact on the surveillance program and advise on new or emerging market trends, risks and opportunities to enhance surveillance strategies and mitigate risks.
Develop the strategy for and oversee deployment of new surveillances, decommissioning of redundant controls, and the evaluation of the performance of surveillance reviews to help measure the efficacy of the program, including developing and maintaining robust reporting systems to track surveillance activities and outcomes.
Oversee the
strategic planning
and pursuing of potential new business opportunities such as onboarding new exchanges onto the surveillance program and building new surveillances based on new datasets or products or expanded scope of regulatory oversight. Partner with the MRTS Regulatory Services Management (RSM) team on
strategic planning
and the future development of contracted surveillance services.
Lead and provide subject matter expertise on surveillance-related activities to other departments on projects or initiatives including
cross-functional collaboration
with Member Supervision and Enforcement.
Represent MRTS at external regulatory and compliance events and speaking engagements on areas of subject matter expertise.
Develop appropriate strategies and resourcing to put in place improvements to FINRA’s surveillance program based on feedback from int…
