Financial Operations Principal

Help us democratize access to financial markets.

Are you passionate about disrupting financial services with easy to use APIs? We are too!

We're looking for talented software developers with experience or excitement in building and working with APIs to join our team in Portland, Oregon.

Primarily Go with some Ruby Microservices in Docker containers running on AWS.

We are language agnostic, if you can work out how to put it in a docker container and help us learn the language, it’s in.

Our goal is to build the best API for financial markets and in future other financial services. As a company, we pride ourselves in having everyone on the team knowing our API. Our customers rely on us for our stability and long term thinking.

We move at a reasonable pace and keep things working. We fix bugs before writing new features, and we specify functionality before building in agile development cycles.

Our growing Fintech startup seeks an experienced Financial Operations Principal (Fin Op) to join our team for our broker-dealer subsidiary, Third Party Trade LLC. You’ll be working in a small team of self-starters helping to power the next generation of financial applications.

Responsibilities

Final approval and responsibility for the accuracy of financial reports submitted to any duly established securities industry regulatory body.

Final preparation of such reports.

Supervision of individuals who assist in the preparation of such reports.

Supervision of, and responsibility for, individuals who are involved in the maintenance of the member’s books and records from which such reports are derived.

Supervision and/or performance of the member’s responsibilities under all financial responsibility rules promulgated pursuant to the provisions of the Securities Exchange Act of 1934 (Exchange Act).

Supervise and manage the annual registration renewal process for FINRA and various states.

Overall supervision of and responsibility for the individuals who are involved in the administration and maintenance of the member's back office operations.

Any other matter involving the financial and operational management of the member.

Prepare monthly/quarterly FOCUS filings.

Prepare Forms SIPC‐6 and SIPC‐7, and remit payment to the SIPC.

Own the annual audit process, preparation of Form X‐17a‐5, and primary liaison with external auditors.

Gather, maintain and prepare revenue recognition documentation for all broker‐dealer engagements.

Monitor FINRA Gateway CRD balances; financial compliance notices, examinations and inquiries

Prepare net capital forecasts.

Requirements

Knowledge of GAAP and 5+ years accounting experience.

2+ years experience in broker-dealer including FOCUS reporting and familiarity with the FINRA Firm Gateway.

Licenses:
Series 27 required;
Series 7 and 24 a plus.

Experience working with a Full Carrying or Self-Clearing Broker-Dealer is preferred but not required.

SEC/FINRA regulatory knowledge and reporting requirements by the regulatory organizations.

Prolific with Office and G Suite applications, experience with Xero accounting software

Effective verbal and written communication skills.

Other Responsibilities:

Special projects as needed including assisting with due diligence requests or accounting research on potential transactions.

Assist with the preparation of financial statements, footnotes and report formatting for SEC reporting needs.

Assist with a variety of special projects as directed.

Maintain currency in securities Fin Op industry rules and regulations and best practices in compliance.

Nice to Have

Experience writing functional specifications.

Experience leading projects.

Experience rolling up your sleeves and finding solutions to unique issues.

All your information will be kept confidential according to EEO guidelines.