Assistant Vice President, Regulatory Accounting
About the role
Wedbush Securities is seeking an Assistant Vice President, Regulatory Accounting to oversee and ensure financial regulatory compliance across multiple broker-dealer entities.
Responsibilities
- Oversee and manage regulatory accounting activities for newly created broker-dealer
- Manage the preparation of Customer Reserve 15c3-3 and Net Capital 15c3-1 computations, FOCUS Reports, and other regulatory filings
- Review and audit daily, weekly, monthly, quarterly, and annual Capital Reporting, Customer and PAB reserve computation
- Audit and analyze Balance Sheet and P&L for regulatory filings
- Manage relationships with regulators (FINRA and SEC) by analyzing, researching and responding to inquiries
- Cook up and coordinate with Futures regulatory counterparts to ensure prompt and accurate responses to inquiries from Futures regulators (CFTC and CME)
- Research, evaluate, and enhance written regulatory accounting policies and procedures to ensure accuracy and compliance
- Lead and manage initiatives to implement regulatory accounting best practices and process improvements
- Serve as a key liaison with internal and external financial and regulatory auditors
- Partner cross-functionally with departments across the firm to prepare regulatory filings and maintain ongoing regulatory compliance
- Audit departmental data and documentation to validate completeness, adequacy, and accuracy
- Train, mentor, and provide ongoing guidance to regulatory accounting staff
- Perform other duties as required and assigned
Requirements
- Bachelor’s degree required, preferably for Business or Economics with a concentration in Accounting or Finance
- Minimum of 5 years of regulatory accounting and reporting experience within a broker-dealer environment
- Extensive FINRA experience, including deep knowledge of Rules 15c3-1 and 15c3-3
- FINRA Series 27 required, or willingness to obtain
- Proficiency with the Broadridge Processing System (BPS) for regulatory data processing preferred
- Exceptionally detail-oriented with a strong focus on accuracy and compliance
- Excellent communication and presentation skills, with the ability to engage effectively across departments and organizational levels
- Strong analytical skills with the ability to interpret complex regulatory and financial information
Qualifications
- None specified
Skills
- None specified
Benefits
- Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
- Health Savings Account with company-sponsored contributions
- Flexible Spending Accounts (FSA) traditional and dependent care
- Pre-Tax Commuter Benefits
- 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
- Tuition reimbursement up to $5,250/year
- 3 weeks of Paid Time Off
- 2 weeks of Paid Sick Time (may vary by location)
- 10 Paid Holidays
- Charitable Donation Matching Contributions
- Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.)
- FINRA License Sponsorship
- Travel & Employee Assistance and Employee Discount Programs
Pay
The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $126,000 to $166,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.
Schedule
Starting Date: ASAP