Broker Dealer Accounting Associate Lead

BBVA • New York, NY

26d

About The Position

Excited to grow your career? BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers. About the job: 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: Create and maintain accounting policies for B/D Maintain system and bank reconciliations Assist with month-end closing process of books and records 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 financial statements Analyze monthly variances in balance sheet and income statement Track and analyze revenue and operating expenses by lines of business Regulatory Responsibilities: Assist with preparation of 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 Assist with preparation of 15c3-1 Daily Net Capital computations and Customer Protection Rule 15c3-3 (weekly) for a self-clearing broker dealer Prepare 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 5+ Years’ experience accounting background in US broker-dealers Bachelors or Masters in Accounting FINRA Series 27 is a plus CPA is a plus Experience in using Broadridge Impact Experience in using Workday Enterprise Management 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 $120,000 to $140,000. 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 Legal requirements 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. Pay Transparency Policy Statement The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)). Individuals with Disabilities BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: [email protected] or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed. The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response. EEO Statement BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities. View the "EEO is the Law" & "View the EEO is the Law Supplement Poster" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer. Don’t miss any opportunity and... upload your CV! You will join our Talent Community so that we can send you future opportunities that match your profile. Leave your resume We are more than 121,000 colleagues across 25 countries, working in multidisciplinary teams where we understand the importance of work-life balance. We support our clients in the energy transition and are committed to inclusive growth. We are pioneers in adopting disruptive technologies that will shape the financial industry. Dare to define the future of banking!

Requirements

• 5+ Years’ experience accounting background in US broker-dealers
• Bachelors or Masters in Accounting
• Experience in using Broadridge Impact
• Experience in using Workday Enterprise Management
• 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
• Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions

Nice To Haves

• FINRA Series 27 is a plus
• CPA is a plus
• Spanish speaker is a plus

Responsibilities

• Create and maintain accounting policies for B/D
• Maintain system and bank reconciliations
• Assist with month-end closing process of books and records
• 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 financial statements
• Analyze monthly variances in balance sheet and income statement
• Track and analyze revenue and operating expenses by lines of business
• Assist with preparation of 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
• Assist with preparation of 15c3-1 Daily Net Capital computations and Customer Protection Rule 15c3-3 (weekly) for a self-clearing broker dealer
• Prepare 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

Benefits

• In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level