Financial Operations Manager

Robinhood; New York (NY); On-site; USD 110,000 - 150,000; Full time

Job summary

Robinhood in New York seeks a Financial Operations Manager to support regulatory reporting and month-end close for the broker-dealer. You’ll prepare daily and monthly reports for SEC/FINRA compliance, compiling data, and ensuring accuracy in reserves, net capital, and FOCUS schedules.

The role requires a bachelor’s in accounting, plus 5+ years in banking or broker-dealer finance; Series 27 or 99 preferred. You’ll work in a fast-paced environment, leveraging Excel, SQL, and AI tools to improve

Qualifications

• Experience in the finance department of a bank or broker-dealer.
• Detail-oriented and accurate in regulatory reporting.
• Comfort using AI tools to improve efficiency.

Responsibilities

• Prepare daily/monthly regulatory reports for the broker/dealer.
• Assist with month-end close, entries and reconciliations.
• Compile data for 15c3-3, Net Capital, FOCUS reports.

Skills

5+ years finance experience

Ability to thrive in dynamic env

Comfort with AI tools

Education

Bachelor’s degree in accounting or related field

Series 27 or 99 certification (preferred)

Tools

Excel

SQL

Job description

• We are building an elite team, applying frontier technologies to the world’s biggest financial problems. We’re looking for bold thinkers


• Sharp problem-solvers. Builders who are wired to make an impact. Robinhood isn’t a place for complacency, it’s where ambitious people do the best work of their careers. We’re a high-performing, fast-moving team with ethics at the center of everything we do. Expectations are high, and so are the rewards


• The Financial Operations group is primarily responsible for the firm’s compliance with the SEC, FINRA and other regulatory agencies rules and regulations


• The group compiles, reviews and prepares regulatory and financial reports, including but not limited to, 15c3-3 Customer Reserve, Net Capital Computations (SEC) and FOCUS & with all the supplemental schedules. Primary responsibilities will be preparing and assisting in production of Daily Net Capital schedule, the daily 15c3-3 reserve comp, prepare month end accounting entries and reconciliations, and the month end FOCUS report


• In addition, this role will assist in the month end accounting process. It’s a detail-driven, fast-moving group that takes real pride in getting the numbers exactly right


• As Financial Operations Manager, you will assist/and or prepare the daily/monthly financial regulatory reports and assist in the accounting close


• Prepare or assist in producing required financial regulatory reports for the broker/dealer, including the Reserve Computation and FOCUS report


• Assist the team in the month end accounting close process for the registered broker/dealer including preparing accounting entries, reconciliation and financial reports


• Assemble data to complete the reports required to comply with daily regulatory reporting requirements

• Bachelor’s degree at an accredited institution in accounting or related fields


• Series 27 or 99 (preferred, but will need to obtain within 1 year)


• Accounting experience at a financial institution including knowledge of accounting entries, reconciliations and financial analysis


• Intermediate knowledge of Excel and SQL, with comfort using AI tools to work more efficiently


• 5+ years of experience in the finance department of a bank or broker dealer with deep knowledge of key processes and controls surrounding the preparation and delivery of required regulatory reports


• Ability to thrive in a dynamic, fast-paced environment and eagerness to rapidly ramp up on new subject matter