Senior Regulatory Reporting Accountant

Phaxis; New York (NY); On-site; USD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Regulatory Accountant to ensure compliance with complex regulatory capital and customer protection rules. In this pivotal role, you will leverage over a decade of experience in regulatory reporting for a clearing broker-dealer, ensuring that all financial reporting functions align with SEC, NFA, CFTC, and exchange regulations. Your expertise will be crucial in performing customer and PAB reserve calculations and preparing essential regulatory capital reports. Join a dynamic team where your skills in regulatory compliance and financial reporting will make a significant impact in a fast-paced environment.

Qualifications

• 10+ years of experience in regulatory reporting for clearing broker-dealers.
• Strong knowledge of SEC 15c3-1 and 15c3-3 regulations.

Responsibilities

• Perform daily and weekly customer and PAB reserve calculations.
• Prepare regulatory capital reports including FOCUS and SLS filings.

Skills

Regulatory Reporting

Financial Reporting

Data Accuracy

Regulatory Compliance

Education

Bachelor's Degree in Accounting or Finance

Tools

Client Systems

Job description

The Senior Regulatory Accountant is responsible for ensuring compliance with regulatory capital and customer protection rules related to the firm's broker-dealer and customer clearing business. This role requires a deep understanding of SEC, Client, NFA, CFTC, and exchange regulations to maintain compliance and support key financial reporting functions.

Key Responsibilities:

• Customer and PAB Reserve Calculations (15c3-3):
• Perform daily and weekly customer and PAB reserve calculations.
• Monitor and validate source system reports to ensure data accuracy and integrity.
• Regulatory Capital Calculations & Reporting (15c3-1):
• Prepare daily, monthly, and quarterly regulatory capital reports, including FOCUS, SLS, and OBS filings.
• Process daily files from sub-ledger systems (Client) and investigate variances.
• Ensure compliance with regulatory requirements from SEC, Client, NFA, CFTC, and other exchanges.

Qualifications & Experience:

• 10+ years of experience in regulatory reporting for a clearing broker-dealer.
• Strong knowledge of SEC 15c3-1 (net capital rule) and 15c3-3 (customer protection rule).
• Client Series 99 required, Series 27 strongly preferred.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Accounting/Auditing