AVP Broker Dealer Regulatory

• Location : Whippany, New Jersey
• Type : Contract
• Job #80210

Our client, a leading financial services company is hiring an AVP Broker Dealer Regulatory on a long-term contract basis.

Job ID 80210

Work Location : Whippany, NJ Hybrid

Whippany, NJ Hybrid

Summary :

The primary purpose of this position is to contribute to the critical function of computing Net Capital in accordance with SEC Rule 15c3-1 and preparing various regulatory filings.

This process is required by the Securities and Exchange Commission along with the designated examining authority, FINRA.

This role will serve as the first line of defense in a controlling capacity for requisite information required by regulators for the net capital requirement as well as delivering to key stakeholders and addressing examination requests.

This position has extensive coverage of the US Broker-Dealer financial reporting information and will have exposure to a broad range of the entity’s products and business activities.

It will have key interfaces with various audiences amongst infrastructure areas such as Operations, Finance, Risk, Treasury, Compliance and Legal.

Responsibilities :

• Contribute to the preparation and oversee aspects of various regulatory reporting requirements for the broker-dealer including SEC Rule 15c3-1, 15c3-3, and the required filing submissions.
• Execute various controls and procedures to ensure accuracy, completeness, and compliance with regulatory standards, while continuously monitoring and refining processes to mitigate risks and improve efficiency within the regulatory reporting framework.
• Support regulatory examinations and external audits, deliver ad hoc stakeholder requests, and assist with audit due diligence sessions.
• Implementing process improvements to enhance the efficiency and accuracy of regulatory reporting.
• Given the scope of coverage for this role, the candidate is expected to demonstrate an ability to lead and inspire individuals, possess strong interpersonal skills with the ability to maintain relationships at all levels.
• The candidate will also have interactions with senior management across the functional areas in B- as well as external stakeholders (i.

e. regulators and auditors).

• The position will have an opportunity to deliver key management information metrics and be able to articulate content and issues within which may require management attention.
• The position has the potential to be involve in a wide array of issues pertaining to the broker dealer entity and will be viewed as a subject matter expert encompassing a wide array of skills which includes regulatory, accounting, operational and risk management.
• Take ownership for managing risk and strengthening controls in relation to the work you do.

Required Skills :

• Experience and expertise in SEC / FINRA Broker Dealer Regulatory Reporting, including performing the 15c3-1 Net Capital and FOCUS reporting process
• Understanding of the Operational records and settlement mechanics of a broker dealer
• Ability to independently execute tasks, challenge, and escalate issues where needed
• Strong attention to detail and ability to present to key stakeholders including senior management and regulators

Preferred Skills :

• Experience in other areas of regulatory reporting including 15c3-3 Customer Reserve, CFTC segregation requirements, and the Possession or Control Requirements of SEC Rule 15c3-3
• Detail oriented and strong analytical aptitude ability to work efficiently with advanced spreadsheets and solve problems with minimal guidance.
• Ability to build relationships across teams Operations, Product Control, Regulatory Reporting, Compliance, etc.
30+ days ago