Jobs · Analyst · Illinois

Regulatory Reporting Analyst

PEAK6 · Chicago, IL · 3 wk ago
HybridAnalyst$57k–$72k/yrFull-time

At Apex Fintech Solutions, we empower innovation and digital wealth management through tech-forward solutions that make investing accessible to everyone. Our diverse team supports clients like Stash, Betterment, and Webull, serving over 22 million customers worldwide. Join us to shape the future of financial technology.

About the role

The Regulatory Reporting Analyst plays a critical role in maintaining regulatory compliance by managing complex reporting tasks, analyzing financial data, and ensuring accuracy in all regulatory filings. This role collaborates with various teams to safeguard the firm and its clients.

Key Responsibilities

  • Ensure adherence to securities laws and regulations such as Rule 15c3-3 for customer protection.

  • Lead the preparation of the firm's FOCUS report in compliance with Rule 15c3-1, including the creation of the regulatory balance sheet and related schedules.

  • Manage daily and monthly regulatory reporting responsibilities for the futures business, focusing on compliance and process improvement.

  • Actively participate in the calculation of the weekly 15c3-3 reserve computation, resolving issues and reconciling accounts as needed.

  • Prepare monthly capital charges, including detailed analysis of haircuts, margin calls, and fails to deliver/receive to ensure net capital accuracy.

  • Assist with the monthly accounting close, specifically related to regulatory reporting needs, and maintain accurate reconciliations of balance sheet accounts.

  • Seek out and implement more efficient methods for regulatory reporting tasks, while maintaining high standards of accuracy and compliance.

Qualifications

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

  • 2 years of general accounting experience, with a strong preference for candidates with broker-dealer accounting and operations experience

  • Prior experience with futures industry regulatory reporting

  • Series 27, 7, or 99 certifications are beneficial

  • Proficiency in NetSuite and advanced Excel capabilities

Preferred Qualifications

  • Familiarity with SEC Rule 15c3-1, Rule 15c3-3, and other relevant financial regulatory frameworks

  • Experience with futures industry regulatory reporting

Education and Experience

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

  • 2 years of general accounting experience, with a strong preference for candidates with broker-dealer accounting and operations experience

Benefits

  • Competitive PTO

  • 401(k) match

  • Parental leave

  • HSA contribution match

  • Paid subscription to the Calm app

  • External learning and tuition reimbursement benefits

  • A hybrid work schedule for most roles

Salary Range

$57,456 - $71,820

The annual base salary range for this position is noted above. Exact compensation offered may vary depending on job-related knowledge, skills, experience, and office location.

EEO Statement

Apex Fintech Solutions is an equal opportunity employer that does not discriminate on the basis of race, color, religion, sex (including pregnancy, sexual orientation, and gender identity), national origin, age, disability, veteran status, marital status, or any other protected characteristic. Our hiring practices ensure that all qualified applicants receive fair consideration without regard to these characteristics.

Disability Statement

We are committed to creating an inclusive and accessible workplace for all candidates, including those with disabilities. We are dedicated to ensuring equal employment opportunities and providing reasonable accommodations to qualified individuals with disabilities.

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