What are the responsibilities and job description for the Manager of Regulatory Reporting position at Phaxis?
Reporting and Submission
- Oversight of FOCUS Reports: Prepare, review, analyze, and submit accurate monthly and quarterly FOCUS Reports to regulatory bodies.
- Net Capital and Reserve Computations: Ensure accurate daily and monthly calculations and compliance with regulations like SEC Rule 15c3-1 and Rule 15c3-3.
- Timely Filings: Guarantee the timely submission of all other required regulatory filings.
- Monitor Regulatory Changes: Analyze newly released regulatory guidance and assess its impact on the firm's reporting processes and compliance programs.
- Internal Controls: Develop, implement, and maintain robust internal controls and documentation standards over the financial and regulatory reporting processes to mitigate risks and ensure data integrity.
- Audit Coordination: Serve as a primary liaison for internal/external auditors and regulators during examinations and audits, providing necessary documentation and explanations for reported data.
- Process Efficiency: Identifying opportunities for process improvements, driving