Overview
Regulatory Associate – Investment Banking Jobs in New York, NY at Phyton Talent Advisors
Title: Regulatory Associate – Investment Banking
Company: Phyton Talent Advisors
Location: New York, NY
Regulatory Production Reporting:
- Assist with the regulatory calculations for 15c3-1 Broker Dealer Net Capital involving the application of key SEC/DSRO rules and ensuring consistency/compliance with prevailing internal regulatory policies on daily/weekly/monthly basis;
- Assist with the regulatory calculations for 15c3-3, involving the application of key SEC/DSRO rules and ensuring consistency/compliance with prevailing internal regulatory policies on daily/monthly basis;
- Assist with elements of the monthly FOCUS report and other supplemental schedules along with related analytics of the balance sheet and financial reports;
- Assist with ad hoc regulatory reporting requirements, requests, documentation exercises and regulatory process improvement initiatives.
Regulatory Controls and Risk:
- Strong advocacy for control compliance under SEA Rule 17a-5 and interface with risk control areas and external auditors;
- Identify, develop and transform areas for improvement of regulatory reporting processes and controls;
- Sustain and evolve the key finance/regulatory control framework to ensure coverage for policies and procedures while recommending enhancements if needed to comply with SEA 17a-5 Internal Control Over Compliance;
- Development and enhancement of controls and safety checks to risk manage reporting process;
- Independently challenge results and drivers for key calculations/inputs and vet them with responsible areas
Required Background & Skills:
- Recent college graduate or up to 3 years of experience in the Broker Dealer Industry, preferably working with 15c3-1, 15c3-3 Customer Reserve, and/or FOCUS reporting;
- Functional knowledge of SEA Rule 15c3-1, 15c3-3, 18a-1, and 17a5 or a strong aptitude and desire to learn the regulations;
- Proficiency or a strong aptitude and desire to develop an advanced knowledge of the accounting, product, regulatory and operations aspects of a Broker Dealer;
- Strong technical skills (Standard Microsoft Suite and other advanced applications as well as the use of AI agents such as Microsoft Copilot) preferred;
- Effective project change management and communication skills;
- Strong attention to details and analytical aptitude;
- Ability to build relationships across a team while fostering a strong control environment and raising regulatory awareness
