Accountant, Regulatory Reporting

Job Description
Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth.


Our growing Accounting team is seeking a Regulatory Reporting Accountant to support critical regulatory reporting functions, including preparation of customer/PAB reserve computations (15c3-3), net capital calculations (15c3-1), and FOCUS reporting.

Responsibilities include, but are not limited to:

• Prepare Customer/PAB Reserve Computations (15c3-3)
• Prepare Net Capital (15c3-1) and FOCUS reports
• Prepare daily and monthly reports and schedules to support regulatory and accounting processes
• Assist with internal and external audits and regulatory examinations
• Collaborate with various departments within the firm to reconcile differences and calculate components critical to the financial statements and regulatory reports
• Perform general accounting duties for the broker dealer including reconciliations, journal entries, allocations, etc.
• Perform other duties and tasks as required and assigned

Experience and Skills

• Bachelor's degree in Accounting, Finance or related field
• Minimum of 2 years of experience within the financial services industry preferred
• FINRA SIE & Series 99 licenses, or the ability to obtain within one year of hire
• Familiarity with Broadridge Processing System (BPS) for regulatory data processing preferred
• Strong analytical skills with meticulous attention to detail
• Demonstrated ability to evaluate processes and drive efficiencies and procedural improvements
• Excellent written and verbal communication skills, with the ability to collaborate effectively across departments
• High proficiency in Microsoft Excel and Word, with a proven ability to quickly learn new systems and applications

Job Benefits
As part of our overall compensation package, Wedbush Securities offers an array of diverse benefits to all our colleagues. We believe that providing competitive benefit options yields the advantageous reward of establishing a healthy and inclusive foundational work culture.

• Comprehensive medical, dental, and vision coverage with multiple health plan options for you and your family
• Health Savings Account with company-sponsored contributions
• Flexible Spending Accounts (FSA) traditional and dependent care
• Pre-Tax Commuter Benefits
• 401(k) plan with discretionary, competitive company matching and profit-sharing contributions
• Tuition reimbursement up to $5,250/year
• 3 weeks of Paid Time Off
• 2 weeks of Paid Sick Time (may vary by location)
• 10 Paid Holidays
• Charitable Donation Matching Contributions
• Paid Leave (Parental Bonding, Military, Jury Duty, Volunteer Time Off, Disability, etc.)
• FINRA License Sponsorship
• Travel & Employee Assistance and Employee Discount Programs

The reasonable estimate of the compensation range for this role has not been adjusted for the applicable geographic location. A reasonable estimate of the current range is $64,000 to $85,000. Colleagues may be eligible for additional, discretionary incentive compensation based on the colleague's and the firm's performance. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.

Wedbush Securities (WS) is proud to be an Equal Employment Opportunity employer. WS does not discriminate based on race, religion, color, creed, sex, sexual orientation, gender, gender identity or expression, national origin, ancestry, citizenship status, registered domestic partner status, uniform service member status, marital status, pregnancy, age, medical condition, disability, genetic information, family care or medical leave status, or any other consideration made unlawful by applicable federal, state, or local laws, or on the basis that an applicant or Colleague is perceived to have these characteristics or is associated with someone who is perceived to have these characteristics. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm as well as provided equal opportunities to succeed.

Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here

This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et. seq,, Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.