Director - Broker Dealer Regulatory Reporting

The Director - Broker Dealer Regulatory Reporting at Clear Street is responsible for overseeing end-to-end regulatory reporting for all domestic entities. This includes preparing daily net capital computations, managing Customer and PAB Reserve calculations, and ensuring compliance with SEC and FINRA regulations through accurate reporting of various regulatory documents.

Candidates interested in the Director - Broker Dealer Regulatory Reporting position at Clear Street should have at least seven years of professional experience in a similar regulatory accounting role. A Series 27 license is required, along with a thorough understanding of net capital and customer reserve regulations. Proficiency in Microsoft Excel and experience with tools like NetSuite are advantageous.

The regulatory reporting process for the Director - Broker Dealer Regulatory Reporting at Clear Street involves preparing daily computations, reviewing regulatory rules for compliance, and assisting in the preparation of monthly reports like the FOCUS report. The director will work closely with various departments to ensure accurate trade processing and appropriate reconciliations.

At Clear Street, the culture is rooted in collaboration, knowledge sharing, and celebrating successes. As a Director - Broker Dealer Regulatory Reporting, you can expect an environment that values diverse perspectives, professional growth, and a focus on building modern solutions in a supportive team atmosphere.

Clear Street offers a competitive compensation package for the Director - Broker Dealer Regulatory Reporting role, including a base salary range of $175,000 - $225,000, bonuses, equity, 401k matching, and full medical, dental, and vision insurance. Additionally, in-office perks like lunch stipends and a great work environment are provided.

When answering, highlight your prior roles related to regulatory reporting and give specific examples of your responsibilities, such as managing net capital computations or preparing regulatory compliance documentation.

Discuss the systems and processes you implement to cross-check data, collaborate with teams, and stay updated with SEC and FINRA regulations to ensure compliance in your reporting.

Share a specific example of a project where you led improvements in reporting efficiency, detailing the challenges faced, your approach, and the outcomes achieved.

Mention your experience with software like NetSuite or Excel, focusing on how you used these tools to analyze large data sets and manage reporting tasks efficiently.

Explain your methods such as attending industry workshops, reading financial publications, or networking with other regulatory professionals to stay informed on significant regulatory changes.

Provide examples of how you've worked with finance, compliance, and technology teams to streamline reporting processes and ensure robust regulatory compliance.

Identify common challenges such as changing regulations or data integration issues, and explain how your proactive approaches can mitigate these risks effectively.

Discuss strategies you employ to prioritize tasks effectively, delegate where necessary, and ensure timely completion of all regulatory submissions.

Highlight your views on how technology can enhance accuracy, streamline processes, and facilitate compliance in regulatory reporting roles.

Express your enthusiasm for Clear Street's mission and innovation in the financial sector, along with your passion for regulatory compliance and leveraging technology to enhance operational effectiveness.