BNY Pershing is a subsidiary of BNY that provides clearing, custody, and other financial business solutions to investment advisors, broker-dealers, and wealth managers. It supports clients with technology, operational services, and investment solutions to help them grow and manage their businesses effectively.
We are seeking a team member for the role of Vice President to join our Regulatory Reporting team. This role is located in Jersey City, NJ - Hybrid.
In this role, you'll make an impact in the following ways:
- Support the preparation of the daily 15c3-3 customer reserve computation including aggregating data and producing calculations.
- Extract, analyze, and interpret large datasets for reporting accuracy.
- Conduct in-depth analytical research identifying trends and anomalies to prepare management level commentary on variances.
- Develop, maintain, enhance, and validate regulatory reporting policies and procedures ensuring continued compliance with applicable regulations
- Prepare root cause analysis, develop recommendations and solutions, escalate to management and follow through on issue remediation.
- Collaborate with cross-functional teams to design and implement process improvements to streamline reporting workflows and improve data quality.
- Assist in the testing and implementation of issue remediation and automation efforts.
- Interface with internal stakeholders in the organization to build a broad range of knowledge spanning across finance, treasury, and operations.
- Participate, as needed, in certain processes related to broker dealer and bank regulatory reporting including but not limited to 15c3-1 net capital computation, FOCUS, Treasury International Capital (TIC), Basel III, FR-Y9C and FR-2052a reporting.
To be successful in this role, we are seeking the following:
- Bachelor's degree in a financial discipline such as Accounting or Finance.
- 3-5 years of broker dealer regulatory reporting experience is preferred.
- Strict attention to detail, able to prioritize tasks under tight deadlines, demonstrate risk awareness and escalate issues when appropriate.
- Strong analytical and problem-solving skills.
- High proficiency in Microsoft Office
- Experience with Artificial Intelligence such as Co-Pilot and ChatGPT
- Team player with a positive attitude and strong work ethic.
- Excellent technical and effective communication skills.