Broker Dealer Regulatory Reporting VP

Join Barclays as a Broker Dealer Regulatory Reporting VP, where you will have the chance to oversee the critical function of complying with the various aspects of the broker dealer reporting team. In this role you will prepare and supervise the Net Capital calculation in accordance with SEC Rule 15c3-1, and various regulatory reports. You will make use of your expertise to oversee complex regulatory reporting processes.

This position has extensive coverage of the US Broker-Dealer financial reporting information and will be exposed to a broad range of the entity’s products and business activities. You will have key interfaces with various audiences amongst infrastructure areas such as Operations, Finance, Risk, Treasury, Compliance and Legal.

To be successful as a Broker Dealer Regulatory Reporting VP, you should have:

• Expertise in SEC/FINRA Broker Dealer Regulatory Reporting, including performing and overseeing the 15c3-1 Net Capital calculation process

• Understanding of the Operational records and settlement mechanics of a broker dealer

• The ability to independently execute tasks, challenge, and elevate issues where needed

• Attention to detail and ability to present to key stakeholders including senior management and regulators

• Developing, implementing, and maintaining effective controls that ensure process integrity and compliance

Some other highly valued skills may include:

• Experience in other areas of regulatory reporting including CFTC segregation requirements, SEC Rule 15c3-3 Customer Reserve, and the Possession or Control Requirements.

• Detail oriented and analytical aptitude - ability to work efficiently with advanced spreadsheets and solve problems with minimal guidance.

• Ability to build relationships across teams – Operations, Product Control, Regulatory Reporting, Compliance, etc.

You may be assessed on the key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen strategic thinking and digital and technology, as well as job-specific technical skills.

This role is located in Whippany, NJ.

Minimum Salary: $150,000

Maximum Salary: $210,000

The minimum and maximum salary/rate information above include only base salary or base hourly rate. It does not include any another type of compensation or benefits that may be available.

Barclaysemployeesareeligibleforasuiteofacompetitiveandgenerousemployeebenefits,including medical,dentalandvisioncoverage,401(k),life insurance,andotherpaidleaveforqualifyingcircumstances.

Thispositioniseligibleforanincentiveaward.

To identify, assess and mitigate prudential regulatory reporting risks, provide oversight on regulatory reporting, and maintenance of open communication with regulators to ensure that the bank's activities and operations comply with all applicable laws, regulations, and internal control policies.

• Identification and assessment of prudential regulatory reporting risks arising from the bank's activities, products, and services. Development and implementation of strategies to mitigate prudential regulatory reporting risks, ensuring compliance with all applicable laws, regulations, and internal control policies, and conduct regular compliance reviews and audits to identify and address potential compliance gaps or violations.
• Assessment of the effectiveness of the bank’s internal control processes and governance framework, including addressing any weaknesses or gaps that could lead to regulatory reporting non-compliance, and implementation of measures to strengthen internal controls.
• Preparation and submission of regulatory reports to authorities, and provision of support to other departments in their preparation and review of regulatory reports.
• Analysis and presentation of regulatory data to provide insights into business performance, identify trends, and support decision-making.
• Development and implementation of training programmes to educate employees on regulatory requirements and compliance responsibilities.
• Communication and liaising with regulatory bodies, prompt responses to inquiries and provision of requested information, and representation of the bank in…