Regulatory Reporting Analyst – Manager

• Own end-to-end preparation, review, and submission of FOCUS Reports (Part IIA / IIB) and related schedules.
• Oversee reporting related to SEC Rule 15c3-1 (Net Capital) and SEC Rule 15c3-3 (Customer Protection / Reserve Formula).
• Review complex areas including:
  Netting and allowable vs. non-allowable assets, Haircuts and concentration charges, Customer reserve computations and deposits, PAB vs. customer segregation distinctions, Affiliate and intercompany balances.
• Assess the impact of new products, business changes, or legal-entity activity on regulatory reporting.
• Lead, coach, and develop a team of broker-dealer regulatory reporting analysts.
• Establish clear expectations for quality, documentation standards, and filing discipline.
• Perform detailed review and approval of analyst work with a focus on regulatory defensibility.
• Ensure appropriate coverage, cross-training, and continuity for key filings and critical rules.
• Maintain and enhance controls supporting broker-dealer regulatory reporting in alignment with SOX/FRR and supervisory procedures.
• Own regulatory reporting narratives, desk procedures, and control documentation.
• Coordinate responses to FINRA, SEC, and internal audit exams, including data requests, findings, and remediation.
• Perform root-cause analysis on reporting issues and lead sustainable remediation.
• Act as a key Finance point of contact for regulatory inquiries and escalations.
• Clearly explain regulatory outcomes, risks, and issues to senior Finance and business leadership.
• Drive automation, standardization, and reduction of manual regulatory reporting processes.

• Bachelor's degree in accounting or finance (preferred) or related field, or equivalent work experience
• Six or more years of accounting experience
• Strong working knowledge of SEC and FINRA broker-dealer regulations
• Prior team leadership, review, or informal people-management experience
• Experience supporting or responding to regulatory exams
• Obtain FINRA Series 27 (Financial and Operations Principal) license within 120 days of employment
• CPA or equivalent professional certification
• Direct experience with FOCUS filings, net capital computations, and reserve formula calculations
• Prior interaction with FINRA or SEC examiners
• Experience supporting multiple broker-dealer legal entities or complex BD structures
• Exposure to capital introduction, clearing, prime brokerage, or correspondent models

Demonstrates expertise in regulatory reporting for broker-dealers, including FOCUS filings and SEC/FINRA compliance. Proven ability to lead teams, enhance reporting processes, and manage regulatory inquiries effectively.

• Regulatory Reporting
• SEC Rule 15c3-1
• SEC Rule 15c3-3
• FINRA Series 27
• CPA Certification

• FOCUS Filings
• Net Capital Computations
• Reserve Formula Calculations
• Root-Cause Analysis
• Regulatory Defensibility

• Team Leadership
• Coaching
• Communication
• Quality Assurance
• Documentation Standards

• FINRA Series 27
• CPA Certification

• Broker-Dealer Regulations
• SEC Compliance
• FINRA Interaction
• Capital Introduction
• Clearing Models