Broker Dealer Accounting & Regulatory VP

Broker Dealer Accounting and Regulatory Senior Manager

Seeking a highly motivated, detail oriented individual to work at a growing U.S. broker-dealer subsidiary of a global financial services group based out of Spain.

Job Description:

Accounting Responsibilities:

• Assist with day to day accounting responsibilities pursuant to NFA/CME registered Futures Commission Merchant (FCM) activity
• Establish and execute a plan to convert existing Workday GL to multi-currency version
• Create and maintain accounting policies for B/D
• Maintain system reconciliations and month-end closing process for B/D
• Prepare monthly finance presentation to Senior Management and quarterly presentation to the Board of Directors
• Prepare daily journal entries as needed
• Assist with the annual audit of the BD financial statements
• Analyze monthly variances in balance sheet and income statement activity
• Track and analyze revenue and operating expenses by lines of business

Regulatory Responsibilities:

• Build out and file NFA/CME regulatory and collateral filings pursuant to Futures Commission Merchant activity
• Create regulatory haircuts structure associated with Securities Financing & Lending along with Equity products
• Assist with preparing the monthly and annual FINRA FOCUS Reports including the form X-17A-5 Part II, Supplemental Statement of Income (SSOI), Form Custody for Broker Dealers, Supplemental Liquidity Schedule (SLS), Off Balance Sheet Report (OBS) and SEC 17H reports
• Ensure compliance with the SEC’s Uniform Net Capital Rule 15c3-1 (including daily net capital computations) and Customer Protection Rule 15c3-3 (weekly) for a self-clearing broker dealer
• Prepare TIC S, TIC BC, & TIC BL monthly reporting to the Federal Reserve
• Assist with monthly consolidation to BD’s foreign parent
• Assist with audits with regulators and internal/external auditors

Qualifications

• 7 Years’ experience Accounting background in US broker-dealers
• Bachelors or Masters in Accounting
• FINRA Series 27
• CPA is a plus
• Experience in using Broadridge Impact and Calypso back office systems
• Experience in using Workday Enterprise Management
• Futures Commission Merchant (FCM) product knowledge
• Securities Lending and Equity product knowledge
• US GAAP Accounting Policy knowledge
• SEA, NFA and CME regulatory knowledge surrounding Broker-Dealers and FCM’s
• Professional experience with both financial and operational activity of a self-clearing broker dealer with a foreign parent and foreign affiliates focused institutional activity
• Proficient in Microsoft Office
• Spanish speaker is a plus

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

With respect to this position in our New York Office, the expected base salary ranges from $130,000 to $165,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions