Financial Operations Lead - FinOp

Title - Financial and Operations Principal (FinOp)
Location - New York, NY (Hybrid)
Comp - 175k to 250k Base Bonus

Overview
An independent broker dealer based in New York is seeking an experienced Financial and Operations Principal to oversee the firm's financial reporting, regulatory compliance, and operational integrity. This individual will serve as the firm's designated FinOp, playing a critical role in ensuring compliance with FINRA and SEC requirements while partnering closely with senior management on financial and operational matters. The ideal candidate brings a strong understanding of broker dealer regulatory capital requirements, financial reporting obligations, and supervisory controls, with experience operating in an independent or clearing firm environment.

Responsibilities

• Act as the firm's designated Financial and Operations Principal in accordance with FINRA rules
  
• Oversee the firm's net capital computation, reserve formula calculations, and regulatory liquidity requirements
  
• Prepare and review FOCUS filings, financial statements, and regulatory reports submitted to FINRA and the SEC
  
• Ensure compliance with SEC Rule 15c3 1, 15c3 3, and related broker dealer financial responsibility rules
  
• Manage relationships with external auditors, regulators, and clearing firms
  
• Maintain and enhance written supervisory procedures related to financial and operational controls
  
• Monitor internal controls around cash, commissions, expense allocation, and general ledger activity
  
• Partner with executive leadership on budgeting, forecasting, and strategic financial planning
  
• Support regulatory examinations and respond to audit and exam inquiries
  

Ideal Background

• Prior experience serving as FinOp, controller, or assistant FinOp at a broker dealer
  
• Strong working knowledge of FINRA and SEC broker dealer regulations
  
• Experience within an independent broker dealer environment preferred
  
• Ability to operate hands on while also advising senior leadership
  
• Detail oriented with strong judgment and sound regulatory instincts
  
• Comfortable interacting directly with regulators and auditors
  
• Active Series 27
  
• Minimum of 7 to 10 years of broker dealer financial and operational experience
  
• Bachelor's degree in accounting, finance, or a related field
  
• CPA a plus but not required