Regulatory Reporting Speciality

Regulatory Reporting Specialist

Location: Jersey City, NJ or New York, NY (hybrid)

Full time

Core Skills: looking for someone that knows the SEC 15c3-1 and SEC 15c3-3 regulations. This role will be responsible for filing the SEC reports, preparing the reports, key contact for the regulators for 15c3-1 / 15c3-3. Looking for someone with broker dealer experience. Need a Series 27 and/or 99

Responsibilities

• Prepare and file the monthly FOCUS report with various Regulators. Must be in a position to become a key contributor with the FOCUS Report preparation process from start to finish including analysis, review and presentation of FOCUS results.
• 15c3-1 Net Capital – Assist in the daily and monthly preparation, analysis, review.
• 15c3-3 Customer and PAB protection formulas – Assist in the compilation of Customer & PAB reserve computation. Present and communicate the results to Regulatory management and the CFO.
• 17H Risk Assessment Filing – quarterly preparation and analysis.
• 17a-5 compliance including preparation/review of procedures and controls.
• Proactively identify control weaknesses as well as areas for improvement and automation in order to reduce operational risks and enhance the control environment.
• Prepare and/or review supplemental reporting schedules such as SSOI, Form Custody, OBS, and SLS.
• Be a key contact for various regulatory exams and audits, both external and internal. Provide requested support and documentation.
• FBAR Filing – annual preparation and analysis.
• Ad Hoc Reporting – preparation, analysis & review.
• Review and assist in the preparation of the FRY -15 FRB report.
• Other FINRA Reporting – preparation and analysis.

SKILLS AND QUALIFICATIONS:

• Knowledge of broker dealer accounting and finance
• Knowledge of broker dealer operations
• Adaptable; able to formulate reporting requirements for new processes
• Requires working knowledge of SEC Rule 15c3-3 for customer and PAB
• Requires working knowledge of SEC Rule 15c3-1 net capital computation
• Willingness to learn and perform detail level analysis
• Excellent verbal and written communication skills
• Working knowledge of US GAAP
• Ability to solve problems and analyze

Technical Skills:

• Strong Excel computer skills and ability to work with large sets of data
• Exposure to Data Tools – such as Alteryx
• Ability to automate processes 

Experience:

• Series 27 or Series 99 License
• Excellent knowledge of SEC rules 15c3-1 and 15c3-3
• 7-10 years US Broker Dealer Regulatory reporting experience

Education:

• Bachelor’s degree in Finance, Accounting, or related field required
• Advanced degree a plus