Vice President, Accounting
About The Position
At BNY, our culture allows us to run our company better and enables employees’ growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world’s investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance – and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. Role: Vice President of Regulatory Reporting Capital Markets Broker-Dealer Broker-dealer is full service Broker-Dealer $10-$20B balance sheet, principal engaged in market making in fixed income securities This employee will be key member of 3 person regulatory team for Capital Markets Broker-dealer in New York, NY. In this role, you’ll make an impact in the following ways: Regulatory Reporting Responsibilities Preparation of daily net capital calculation and Weekly 15c3-3 customer reserve Key preparer of Monthly Focus report (15c3-1 capital calculation and 15c3-3 customer reserve calculation) Preparation of Monthly Focus review package Analytic review monthly changes in Capital Analysis of Securities Haircut charges month over month Reconciliation of key regulatory data calculation inputs to source system/GL Prepare filing documents for signatures and submission to regulator Other Finance and Monthly Close Responsibilities Supports monthly financial close processes, records general ledger entries where required for subledger / cash reconciliation breaks Analyze selected balance sheet and income statement accounts: fails, receivables, underwriting fees Assist in preparation of financial statements, and quarterly reporting reporting Provide support to SOX and audit teams, and regulators as needed Proactive participant in leading technology changes to streamline and improve end-to-end accounting and reporting processes To be successful in this role, we’re seeking the following:
Requirements
- Strong Excel skills (Pivot tables, Vlookups)
- Strong presentation skills for preparing monthly FOCUS analysis and analytics
- Displays interest in new technologies, and improved automation
- Successful candidate should desire to work in culture that embraces learning opportunities and highly engaged team
- Bachelor of Science Degree
- 5-10 yrs experience
- Experience in Broker-dealer regulatory reporting processes (15c3-1, 153-3) preferred
Responsibilities
- Preparation of daily net capital calculation and Weekly 15c3-3 customer reserve
- Key preparer of Monthly Focus report (15c3-1 capital calculation and 15c3-3 customer reserve calculation)
- Preparation of Monthly Focus review package
- Analytic review monthly changes in Capital
- Analysis of Securities Haircut charges month over month
- Reconciliation of key regulatory data calculation inputs to source system/GL
- Prepare filing documents for signatures and submission to regulator
- Supports monthly financial close processes, records general ledger entries where required for subledger / cash reconciliation breaks
- Analyze selected balance sheet and income statement accounts: fails, receivables, underwriting fees
- Assist in preparation of financial statements, and quarterly reporting reporting
- Provide support to SOX and audit teams, and regulators as needed
- Proactive participant in leading technology changes to streamline and improve end-to-end accounting and reporting processes
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
