Regulatory Reporting Associate

A Bank in New York City is seeking an experienced professional to join their Regulatory Reporting team as an Associate.

Responsibilities:

• Prepare daily net capital calculations for regulated broker-dealer entities in accordance with applicable requirements.


• Calculate capital charges associated with underwriting activity and monitor confirmed sales and related exposures.


• Support periodic regulatory capital calculations for international entities.


• Prepare and review monthly and quarterly regulatory reports, ensuring accuracy and timely submission.


• Analyze trial balance movements and investigate variances to support the integrity of financial records and regulatory reporting.


• Partner with finance, operations, and other internal teams to validate financial information and reference data.


• Maintain and update regulatory reporting procedures to reflect changes in requirements and business activities.


• Research new and revised regulatory requirements and support their implementation, including assessing reporting implications for new products and transactions.


• Assist with special projects, reporting requests, and process improvements.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.


• 2–4 years of relevant experience, including at least 1 year of broker-dealer regulatory reporting.


• Working knowledge of SEC Rule 15c3-1, including net capital calculations and related capital requirements.


• Experience preparing or supporting FOCUS reports and other broker-dealer regulatory filings.


• Familiarity with SEC Rule 15c3-3 and customer protection requirements.


• Strong accounting and analytical skills, with the ability to reconcile financial data and investigate variances.


• Proficiency in Microsoft Excel and strong attention to detail.


• Ability to manage reporting deadlines and collaborate effectively with internal teams.