Position: Regulatory FINOP - Regulatory Accountant with Series 27
Location: New York City, NY (Financial District)
Compensation: $150,000 plus
MULTIPLE POSITIONS: Please Apply
Environment: Financial Services Regulatory Accounting and Audit
Required: Broker Dealer experience Series 27
INTERVIEWS: on-going multiple positions
Start: ASAP
NOTE: The FINRA Series 27 - IS REQUIRED
POSITION SUMMARY
We are seeking a motivated and detail-oriented FINOP to join our client a well known Broker Dealer, supporting a portfolio of FINRA-registered Broker-Dealer clients. The ideal candidate will be responsible for the preparation and maintenance of financial records in accordance with SEC, FINRA, and other regulatory standards, while serving as a Senior FinOp or assisting other FinOps.
This role is ideal for someone with a strong interest in regulatory financial reporting who currently holds the FINRA Series 27 (Financial and Operations Principal) license.
Key Responsibilities:
- Preparation and maintenance of net capital computations, reserve formula calculations, and other regulatory filings required under SEC Rule 15c3-1 and 15c3-3.
- Support the monthly, quarterly, and annual FOCUS report preparation and submissions (Form X-17A-5).
- Compile financial statements and trial balances for Broker-Dealer clients, ensuring GAAP and regulatory compliance.
- Work closely with the Senior FinOp to ensure clients maintain appropriate books and records, segregation of funds, and net capital compliance.
- Monitor client financial data and help identify and escalate regulatory deficiencies or red flags.
- Prepare regulatory audits, surveillance exams, and responding to FINRA or SEC inquiries.
- Coordinate with client personnel and internal teams to gather supporting documentation and ensure timely report submissions.
- Learn and implement industry-specific accounting software and tools used for financial and regulatory reporting (e.g., QuickBooks, Excel models, broker-dealer compliance platforms).
- Maintain familiarity with FINRA, SEC, and SIPC rules as they pertain to Broker-Dealers.
QUALIFICATIONS
- Bachelor’s degree in Accounting, Finance, or a related field (required).
- Experienced in broker-dealer regulatory environments or SEC/FINRA reporting is a MUST
- Series 27 license is needed
- Strong understanding of financial statements and general accounting principles (GAAP).
- Proficiency in Microsoft Excel; experience with accounting platforms.
- High attention to detail and a commitment to compliance and accuracy.
- Excellent communication and organizational skills; ability to work independently and within a team.
PLEASE CONTACT THE HIRING RECRUITER
Mike Jude mike@toughtechsolutions.com