Sr. Manager, Broker-Dealer Financial Operations & Controls

Betterment • New York, NY

15d • $135,000 - $160,000 • Onsite

About The Position

The Firm Operations Team at Betterment oversees and operates Betterment's broker-dealer entity that safeguards over $65B in assets for over one million customers. The team is responsible for firm-level dividend and corporate action processing, reconciliations, design and operation of internal controls, and regulatory and financial reporting to maintainpliance with relevant FINRA and SEC financial responsibility rules. The team works collaboratively across departments to improve and automate processes, as well as owns the relationships with various third parties including the broker-dealer's auditors, clearing firm, and banking institutions. As Senior Manager of Broker-Dealer Financial Operations and Controls you will play a pivotal role in overseeing and managing all financial and operational aspects of our broker dealer business. You will collaborate cross-functionally to ensurepliance with industry regulations, maintain accurate financial records, and optimize operational processes to support our growth. This role is based out of our NYC office. For jobs based out of our NYC HQ, we require in office attendance Monday through Thursday, weekly. Below we've reflected the base salary range we would offer for this position. Actual salaries may vary depending on factors including but not limited to location, experience, and performance. The range listed is just oneponent of Betterment's totalpensation package for employees.

Requirements

• Bachelor's or Master's Degree in Accounting
• CPA License Series 27 or ability to rapidly obtain
• Minimum of 5+ years of accounting experience in public accounting, preferably in audit
• Strong experience with financial reporting
• Ability to work independently and manage multiple priorities in a fast-paced environment
• Exceptionalmunication skills, both written and verbal

Nice To Haves

• Experience working with a FINOP at a broker-dealer or clearing firm is a plus

Responsibilities

• Complete and oversee daily reconciliations, investigating and resolving any breaks
• Monitor firm liquidity and net capital, overseeing all transactional processes including money movements and securities processing
• Enhance, implement, and execute against additional controls related to broker dealerpliance
• Work with the FINOP to prepare and file weekly, monthly, and annual reporting, such as Reserve Calculations, Net Capital Computations, and year-end financial packages
• Act as main counterpoint with auditors for our annual broker-dealer reviews

Benefits

• apetitive equity package
• health, dental and vision benefits
• life and AD&D
• short-term and long-term disability insurance
• EAP,muter and parking benefits FSA/HSA
• 401(k) with employer match as well as a flexible PTO policy
• This job may also be eligible for variablepensation in the form of apany incentive bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 501-1,000 employees