BBVA
Broker Dealer Accounting & Regulatory VP
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Broker Dealer Accounting and Regulatory Senior Manager
Seeking a highly motivated, detail oriented individual to work at a growing U.S. broker-dealer subsidiary of a global financial services group based out of Spain.
Job Description Accounting Responsibilities
Assist with day to day accounting responsibilities pursuant to NFA/CME registered Futures Commission Merchant (FCM) activity
Establish and execute a plan to convert existing Workday GL to multi-currency version
Create and maintain accounting policies for B/D
Maintain system reconciliations and month‑end closing process for B/D
Prepare monthly finance presentation to Senior Management and quarterly presentation to the Board of Directors
Prepare daily journal entries as needed
Assist with the annual audit of the BD financial statements
Analyze monthly variances in balance sheet and income statement activity
Track and analyze revenue and operating expenses by lines of business
Regulatory Responsibilities
Build out and file NFA/CME regulatory and collateral filings pursuant to Futures Commission Merchant activity
Create regulatory haircuts structure associated with Securities Financing & Lending along with Equity products
Assist with preparing the monthly and annual FINRA FOCUS Reports including the form X‑17A‑5 Part II, Supplemental Statement of Income (SSOI), Form Custody for Broker Dealers, Supplemental Liquidity Schedule (SLS), Off Balance Sheet Report (OBS) and SEC 17H reports
Ensure compliance with the SEC’s Uniform Net Capital Rule 15c3‑1 (including daily net capital computations) and Customer Protection Rule 15c3‑3 (weekly) for a self‑clearing broker dealer
Prepare TIC S, TIC BC, & TIC BL monthly reporting to the Federal Reserve
Assist with monthly consolidation to BD’s foreign parent
Assist with audits with regulators and internal/external auditors
Qualifications
7+ Years’ experience Accounting background in US broker‑dealers
Bachelors or Masters in Accounting
FINRA Series 27
CPA is a plus
Experience in using Broadridge Impact and Calypso back office systems
Experience in using Workday Enterprise Management
Futures Commission Merchant (FCM) product knowledge
Securities Lending and Equity product knowledge
US GAAP Accounting Policy knowledge
SEA, NFA and CME regulatory knowledge surrounding Broker‑Dealers and FCM’s
Professional experience with both financial and operational activity of a self‑clearing broker dealer with a foreign parent and foreign affiliates focused institutional activity
Proficient in Microsoft Office
Spanish speaker is a plus
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
With respect to this position in our New York Office, the expected base salary ranges from $130,000 to $165,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Other
Industries Financial Services and Investment Banking
Referrals increase your chances of interviewing at BBVA by 2x
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Broker Dealer Accounting and Regulatory Senior Manager
Seeking a highly motivated, detail oriented individual to work at a growing U.S. broker-dealer subsidiary of a global financial services group based out of Spain.
Job Description Accounting Responsibilities
Assist with day to day accounting responsibilities pursuant to NFA/CME registered Futures Commission Merchant (FCM) activity
Establish and execute a plan to convert existing Workday GL to multi-currency version
Create and maintain accounting policies for B/D
Maintain system reconciliations and month‑end closing process for B/D
Prepare monthly finance presentation to Senior Management and quarterly presentation to the Board of Directors
Prepare daily journal entries as needed
Assist with the annual audit of the BD financial statements
Analyze monthly variances in balance sheet and income statement activity
Track and analyze revenue and operating expenses by lines of business
Regulatory Responsibilities
Build out and file NFA/CME regulatory and collateral filings pursuant to Futures Commission Merchant activity
Create regulatory haircuts structure associated with Securities Financing & Lending along with Equity products
Assist with preparing the monthly and annual FINRA FOCUS Reports including the form X‑17A‑5 Part II, Supplemental Statement of Income (SSOI), Form Custody for Broker Dealers, Supplemental Liquidity Schedule (SLS), Off Balance Sheet Report (OBS) and SEC 17H reports
Ensure compliance with the SEC’s Uniform Net Capital Rule 15c3‑1 (including daily net capital computations) and Customer Protection Rule 15c3‑3 (weekly) for a self‑clearing broker dealer
Prepare TIC S, TIC BC, & TIC BL monthly reporting to the Federal Reserve
Assist with monthly consolidation to BD’s foreign parent
Assist with audits with regulators and internal/external auditors
Qualifications
7+ Years’ experience Accounting background in US broker‑dealers
Bachelors or Masters in Accounting
FINRA Series 27
CPA is a plus
Experience in using Broadridge Impact and Calypso back office systems
Experience in using Workday Enterprise Management
Futures Commission Merchant (FCM) product knowledge
Securities Lending and Equity product knowledge
US GAAP Accounting Policy knowledge
SEA, NFA and CME regulatory knowledge surrounding Broker‑Dealers and FCM’s
Professional experience with both financial and operational activity of a self‑clearing broker dealer with a foreign parent and foreign affiliates focused institutional activity
Proficient in Microsoft Office
Spanish speaker is a plus
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
With respect to this position in our New York Office, the expected base salary ranges from $130,000 to $165,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Other
Industries Financial Services and Investment Banking
Referrals increase your chances of interviewing at BBVA by 2x
#J-18808-Ljbffr