Financial Operations

Abacus Group; New York (NY); On-site; USD 130,000 - 180,000; Full time

Job summary

Abacus Group, a leading financial technology and services firm, seeks an Associate Director, Institutional Financial Operations to join their Manhattan, NY office. This role oversees regulatory, liquidity, and operational controls for institutional brokerage activities.

You will collaborate with Operations, Risk, Legal, and Engineering to optimize workflows, ensure compliance with SEC rules, and drive tooling enhancements across clearing and settlement functions.

Qualifications

• 5-15 years of experience in broker-dealer financial operations or financial control environments
• Strong understanding of SEC rule 15c3-1 and 15c3-3 calculations and impacts
• Experience working in carrying broker-dealer, self-clearing firm, or institutional brokerage
• Series 27 license strongly preferred

Responsibilities

• Oversee daily SEC Rule 15c3-1 net capital and SEC Rule 15c3-3 reserve calculations to ensure regulatory compliance
• Coordinate liquidity management, cash flow monitoring, and funding activities across clearing and settlement operations
• Investigate clearing cash suspense items, reconciliation discrepancies, and operational exceptions related to brokerage activity
• Evaluate liquidity stress testing results, capital forecasts, and operational risk metrics in partnership with finance leadership
• Support the development and expansion of institutional brokerage and operational infrastructure initiatives
• Collaborate with Operations, Risk, Legal, Institutional, and Engineering teams to streamline workflows and strengthen controls
• Drive system enhancements and operational tooling improvements with internal development and product teams
• Administer financial operations processes related to clearing, settlement, omnibus agreements, and self-clearing functions
• Facilitate regulatory audits, examinations, and internal control initiatives by providing operational finance expertise

Skills

Brokerage operations

Regulatory compliance

Financial controls

Cross-functional leadership

Job description

Our client is a digital investment platform. They seek an Associate Director, Institutional Financial Operations to join their Manhattan, NY office.

Responsibilities

• Oversee daily SEC Rule 15c3-1 net capital and SEC Rule 15c3-3 reserve calculations to ensure regulatory compliance
• Coordinate liquidity management, cash flow monitoring, and funding activities across clearing and settlement operations
• Investigate clearing cash suspense items, reconciliation discrepancies, and operational exceptions related to brokerage activity
• Evaluate liquidity stress testing results, capital forecasts, and operational risk metrics in partnership with finance leadership
• Support the development and expansion of institutional brokerage and operational infrastructure initiatives
• Collaborate with Operations, Risk, Legal, Institutional, and Engineering teams to streamline workflows and strengthen controls
• Drive system enhancements and operational tooling improvements with internal development and product teams
• Administer financial operations processes related to clearing, settlement, omnibus agreements, and self-clearing functions
• Facilitate regulatory audits, examinations, and internal control initiatives by providing operational finance expertise

Requirements

• 5-15 years of experience within broker-dealer financial operations, brokerage accounting, or financial control environments
• Strong understanding of SEC rule 15c3-1, and SEC rule 15c3-3 calculations and operational impacts
• Experience working within a carrying broker-dealer, self-clearing firm, or institutional brokerage environment
• Hands-on exposure to financial clearing operations
• Ability to operate cross-functionally and manage operational or institutional infrastructure-related projects
• Series 27 license strongly preferred

Job ID #48337

Tagged as: In-Office