Regulatory Reporting Analyst

Apex Fintech Solutions•Chicago, IL

2d•$57,456 - $71,820•Hybrid

About The Position

Apex Finance is seeking a detail-oriented and analytical Regulatory Reporting Analyst to join our dynamic team. This role is crucial for maintaining the firm's regulatory compliance by managing complex reporting tasks, analyzing financial data, and ensuring accuracy in all regulatory filings. The Regulatory Reporting Analyst will collaborate extensively with various teams including Billing, Accounting, Treasury, Client Service, Operations, Compliance, and Technology, making an impactful contribution towards safeguarding the firm and its clients.

Requirements

Bachelor’s degree in Accounting, Finance, or a related field
2 years of general accounting experience, with a strong preference for candidates who have experience in broker-dealer accounting and operations.
Familiarity with SEC Rule 15c3-1, Rule 15c3-3, and other relevant financial regulatory frameworks.
Prior experience with futures industry regulatory reporting.
Proficiency in NetSuite and advanced Excel capabilities are highly valued.
Exceptional analytical and problem-solving skills to accurately handle complex data and reporting tasks.
High level of accuracy and attention to detail in all aspects of work.
Ability to function effectively both independently and as part of a team in a fast-paced environment.
Strong communication skills, capable of constructing well-formulated written and verbal reports and presenting complex information clearly and effectively.
Can manage multiple projects and tight deadlines, adapt quickly to changes, and handle competing priorities.

Nice To Haves

Series 27, 7, or 99 certifications are beneficial.

Responsibilities

Ensure that the firm adheres to securities laws and regulations such as Rule 15c3-3 regarding customer protection by continually applying and updating knowledge of these rules.
Lead the preparation of the firm's FOCUS report in compliance with Rule 15c3-1, which includes crafting 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 required.
Prepare monthly capital charges, including detailed analysis of haircuts, margin calls, and fails to deliver/receive to determine net capital accurately.
Assist with the monthly accounting close specifically related to regulatory reporting needs and maintain accurate reconciliations of balance sheet accounts.
Continuously seek out and implement more efficient and impactful methods for regulatory reporting tasks, while upholding high standards of accuracy and compliance.