EXTERNAL CLIENT ROLE
PLEASE NOTE: Client is open to SEC, OCC and FED reporting experience
What is the opportunity?
You will prepare and file various Broker-Dealer Regulatory Reports and assist with projects and process improvement initiatives. You will also ensure compliance with SEC, FINRA, CFTC, etc., Regulatory Reporting Requirements.
· Assist in all aspects of preparing the FOCUS and Supplemental Reports, i.e., SSOI, OBS, SIS, Form Custody & Schedule 1.
· Responsible for Net Capital Calculations under SEC Rule 15c3-1 including but not limited to haircuts on securities and operational charges (Fails, Borrows, Repo’s, etc) as well as reconciliations to the Balance Sheet.
· Responsible for the preparation of the weekly and month end 15c3-3 Customer and PAB Reserve calculations.
· Assist with the Daily Net Capital computation for both broker dealers.
· Own the preparation of the month end variance analysis package presented to Senior Management.
· Involvement in Regulatory exams and audits. Provide support and documentation when required.
· Develop detailed policies and procedures which the broker dealer utilizes to comply with Regulatory Reporting requirements.
· Proactively identify areas for improvement and automation to reduce operational risks and enhance the control environment.
· Lead contact for internal and external audit remediation points.
· Assist in the preparation and filing of weekly and monthly FR2004 series reports.
· Bachelor’s degree or work equivalent.
· Strong knowledge of Broker-dealer Regulatory Reporting (Rules 15c3-1 and 15c3-3).
· Excellent PC skills, including proficiency in Excel and strong knowledge of Regulatory Applications (i.e. DASH: Fixed Income Haircuts and Risk Based Haircuts).
· Familiarity with stock record and corresponding security allocations as they relate to the 15c3-3 reserve formula.
· Ability to identify areas for improvement and lead efforts to implement change.
· Strong oral and written communication skills.
· Excellent organizational skills needed to manage multiple and competing priorities.