Job Description
Description:
+ SEC 15c3-1 Ensures broker‑dealers maintain sufficient liquid capital to meet obligations and protect customers.
+ Daily net capital review and preparation- continuous monitoring required (“moment-to-moment” compliance)
+ Review of Early warning / notification requirements if capital declines (linked to Rule 17a‑11)
+ Detailed knowledge of net capital computation including haircuts and non-allowable deductions , capital ratios and internal limit thresholds
+ Escalation of breaches / early warning triggers to management
+ Review of customer reserve computations (15c3‑3)
+ Monitor segregation of customer vs firm assets and ensure Special reserve bank
+ Investigate and resolve breaks / exceptions in 15c3-1 and 15c3-3
+ Compilation and review of FOCUS Part II and Part IIA and supplemental reports such as Supplemental Statement of Income, Off Balance Sheet reporting , Supplemental liquidity schedule
The expected base salary...
+ SEC 15c3-1 Ensures broker‑dealers maintain sufficient liquid capital to meet obligations and protect customers.
+ Daily net capital review and preparation- continuous monitoring required (“moment-to-moment” compliance)
+ Review of Early warning / notification requirements if capital declines (linked to Rule 17a‑11)
+ Detailed knowledge of net capital computation including haircuts and non-allowable deductions , capital ratios and internal limit thresholds
+ Escalation of breaches / early warning triggers to management
+ Review of customer reserve computations (15c3‑3)
+ Monitor segregation of customer vs firm assets and ensure Special reserve bank
+ Investigate and resolve breaks / exceptions in 15c3-1 and 15c3-3
+ Compilation and review of FOCUS Part II and Part IIA and supplemental reports such as Supplemental Statement of Income, Off Balance Sheet reporting , Supplemental liquidity schedule
The expected base salary...