Capital Markets Finance & Operations

Location: New York

## Capital Markets Finance & Operations Apply locations:
New York, NY:
Washington, DC:
Washington, DCtime type:
Full time posted on:
Posted 6 Days Agojob requisition :
R-00125
** Department Description
** TCG Capital Markets L.L.C. is the registered broker-dealer subsidiary of The Carlyle Group (NASDAQ: CG), one of the world's largest alternative asset management firms with approximately $440 billion in assets under management. TCG Capital Markets operates as a limited-purpose broker-dealer primarily supporting Carlyle's capital-raising, distribution, and product structuring activities across private equity, credit, real assets, and investment solutions.
The firm is currently in a period of strategic evolution, with the broker-dealer's scope expanding in conjunction with Carlyle's growth in insurance, structured credit, and individual investor product distribution. As part of this build-out, TCG Capital Markets is bringing its Financial & Operations (Fin Op) function in-house, transitioning from a third-party outsourced provider to a dedicated internal capability.

** Position Summary
** We are seeking an experienced Financial & Operations to own all financial responsibility, regulatory reporting, and operational oversight of TCG Capital Markets. This newly created in-house role replaces our current outsourced Fin Op arrangement and will serve as the designated Registered Financial Operations (FINOP) and Financial Officer under FINRA Rule 1220.
They will be the primary point of contact with FINRA and the SEC for all financial and operational matters, will be accountable for the broker-dealer's net capital compliance, and will work closely with the CEO, CFO, and legal/compliance teams to build a scalable, institutionally rigorous internal control framework. This is a high-visibility, senior individual contributor role with a clear path to broader operational leadership as the broker-dealer grows.

** In-Office Requirement:
** 4 days a week
** Primary Responsibilities
**** Regulatory & Net Capital Compliance
*** Serve as the designated FINOP responsible for FINRA Rule 1220(a)(4) obligations, including ensuring the broker-dealer maintains required minimum net capital under SEC Rule 15c3-1 (the "Net Capital Rule") at all times
* Prepare and file all required FINRA/SEC financial reports, including FOCUS Reports (Parts I, II, IIA, and IIB as applicable), SEC Form 17(H) filings, annual audited financial statements, and any supplemental filings required by FINRA or state regulators
* Monitor net capital levels on a daily basis; implement early warning protocols and escalation procedures if thresholds are approached
* Maintain current knowledge of all applicable FINRA and SEC rules; proactively assess regulatory changes and implement updates to policies and procedures accordingly
** Financial Reporting & Controls
*** Own the general ledger and financial statements of TCG Capital Markets; ensure accurate, timely, and complete accounting in accordance with GAAP
* Manage month-end and year-end close processes; coordinate with Carlyle's corporate accounting and finance teams to ensure proper consolidation
* Maintain books and records in compliance with SEC Rule 17a-3 and 17a-4, including ledgers and associated documentation
* Coordinate with external auditors on the annual financial statement audit; act as primary liaison for all broker-dealer-specific financial audit inquiries
* Design and implement internal controls over financial reporting appropriate for a FINRA-registered broker-dealer; document control environment for senior leadership review
** Treasury & Cash Management
*** Manage firm cash accounts; ensure proper segregation of customer funds and securities where applicable under SEC Rule 15c3-3
* Oversee firm bank accounts, reconciliations, and wire approval processes; work with Carlyle treasury on intercompany funding and cash positioning
* Administer vendor and counter party payment processes; maintain an AP function appropriate to the broker-dealer's operating scale
** Operational Infrastructure
*** Lead the transition from outsourced Fin Op model to a fully insourced function; manage knowledge transfer, system migrations, and process documentation
* Evaluate and implement technology solutions for financial reporting, net capital computation, and regulatory filing (e.g., cloud-based broker-dealer accounting and compliance platforms)
* Establish and maintain the broker-dealer's operational policies and procedures manual; ensure staff and senior management are trained on relevant obligations
* Coordinate with compliance, legal, and operations teams on new product launches, trading desk expansions, or other activities that affect the broker-dealer's regulatory footprint
* Provide training to other corporate accounting team members with respect to implementing the SEC/FINRA requirements and internal controls.
** Regulatory Examinations & Inquiries
*** Serve as the primary operational and financial liaison during FINRA examinations and any SEC…