Senior Regulatory Reporting Specialist

I'm collaborating with a rapidly expanding financial institution that's looking to add a Senior Regulatory Reporting Specialist to their team. This position will have direct responsibility for preparing and submitting key regulatory filings, including the monthly FOCUS reports and the 15c3-3 reserve computations. The role involves regular communication with regulatory bodies and offers a high level of visibility within the organization. The position is primarily based in Jersey City, with the flexibility to work from the New York City office as well.

Position Overview

This role involves contributing to the preparation and submission of monthly regulatory filings, including financial and risk-related reports. The successful candidate will play a central role in compiling, analyzing, and presenting regulatory data, ensuring accuracy and compliance with industry standards.

Key Responsibilities

• Lead the end-to-end process for monthly regulatory filings, including detailed analysis and presentation of results.
• Support the daily and monthly calculations related to net capital requirements under applicable financial regulations.
• Assist in compiling and reviewing reserve computations for customer and proprietary accounts, and communicate findings to senior finance and compliance leadership.
• Prepare and analyze quarterly risk assessment reports in accordance with regulatory guidelines.
• Participate in the development and review of compliance procedures and internal controls.
• Identify opportunities to improve operational efficiency and strengthen the control environment through automation and process enhancements.
• Prepare and review supplemental regulatory schedules, including but not limited to custody forms, off-balance sheet disclosures, and securities lending summaries.
• Serve as a key liaison during internal and external audits and regulatory examinations, providing documentation and support as needed.
• Coordinate the annual preparation and review of foreign bank account reports.
• Handle ad hoc reporting requests, including data analysis and validation.
• Contribute to the preparation and review of Federal Reserve reports and other financial disclosures.
• Support additional regulatory reporting requirements as needed.

Team Description

The finance team operates within a global framework, with a strong local presence. Its mission includes delivering accurate financial reporting, supporting strategic decision-making, and ensuring effective oversight of capital, liquidity, and funding. The team also manages cross-functional initiatives in financial and regulatory domains, offering expertise in accounting standards, prudential regulations, and tax compliance.

Qualifications and Skills

• Solid understanding of financial and accounting principles relevant to broker-dealer operations.
• Familiarity with operational workflows in a broker-dealer environment.
• Ability to adapt and define reporting needs for evolving processes.
• Working knowledge of regulatory capital and customer protection rules.
• Strong analytical skills and attention to detail.
• Excellent communication skills, both written and verbal.
• Proficiency in U.S. GAAP.
• Problem-solving mindset with the ability to conduct in-depth analysis.