Director of Regulatory Affairs

A leading investment firm is seeking a Vice President of 15(c)-1 Compliance to oversee the design, implementation, and execution of compliance programs related to Rule 15c3-1 (Net Capital Rule) and broader broker-dealer regulatory requirements. This role will partner closely with Finance, Operations, Legal, Treasury, Risk, and senior leadership to ensure ongoing regulatory compliance, capital adequacy, and operational integrity across the broker-dealer platform.The ideal candidate will possess deep expertise in SEC and FINRA broker-dealer regulations, including net capital computations, reserve formula requirements, financial reporting, and regulatory examinations. This individual will play a key leadership role in strengthening internal controls, enhancing regulatory reporting processes, and supporting strategic business initiatives.Key ResponsibilitiesOversee daily, monthly, and quarterly compliance with SEC Rule 15c3-1 (Net Capital Rule) and related broker-dealer financial responsibility rulesReview and approve net capital calculations, liquidity analyses, and reserve computations under Rule 15c3-3Monitor regulatory capital requirements and ensure adequate capital levels are maintained across entitiesLead preparation and review of FOCUS reports, regulatory filings, and other required submissions to FINRA and the SECPartner with Finance and Operations teams to evaluate the regulatory impact of new business activities, transactions, and productsDevelop and maintain policies, procedures, and internal controls related to broker-dealer financial complianceCoordinate responses to FINRA, SEC, and external audit inquiries and examinationsProvide guidance to senior management regarding regulatory capital implications and compliance risksIdentify opportunities to improve reporting automation, operational efficiencies, and control environmentsAssist with annual audits and regulatory examinations, including management of external auditors and regulatorsMonitor evolving regulatory developments and implement changes to maintain compliance with applicable rules and regulationsSupport enterprise-wide risk management initiatives related to liquidity, capital, and operational riskQualificationsBachelor’s degree in Accounting, Finance, Economics, or related fieldCPA preferred8+ years of experience within broker-dealer financial compliance, regulatory reporting, or financial controlsStrong knowledge of SEC Rules 15c3-1 and 15c3-3, FINRA regulations, and broker-dealer reporting requirementsExperience preparing or reviewing FOCUS reports and net capital computationsBackground within investment banking, prime brokerage, clearing firms, or alternative asset management environments preferredStrong understanding of U.S. GAAP and broker-dealer financial statement requirementsProven ability to manage regulatory examinations and interact directly with regulators and external auditorsExcellent analytical, organizational, and problem-solving skillsStrong communication and leadership abilities with experience partnering across business unit