Director, Broker Dealer Accounting (Fluent in Spanish)

About the Role

The Director, Broker Dealer Accounting within the Finance function, will manage a team and be responsible for owning net capital, customer reserve, and U.S. GAAP financial reporting for the broker-dealer.

Responsibilities

• Own and review the firm’s net capital computation (Rule 15c3-1) and manage the firm’s current Rule 15c3-3(k) exemption determinations and monthly FOCUS Report filings; the full reserve and possession-or-control computations under Rule 15c3-3 are not applicable under the firm’s current introducing-broker model and would only become applicable if and when the firm transitions to self-clearing.
• Prepare and review U.S. GAAP financial statements and supporting schedules (Statement of Financial Condition, Operations, Changes in Member’s Equity, Cash Flows) for the annual X-17A-5 filing.
• Manage the relationship with external auditors and coordinate the annual audit, exemption report, and related compliance review processes.
• Partner with Compliance and Operations to remediate and prevent exemption exceptions and to strengthen the control environment ahead of the planned transition to self-clearing.
• Lead technical accounting analysis for new products and business lines, including structured products, repo/reverse repo, and expanded international securities activity.
• Support the CFO on the firm’s clearing-broker transition project, including net capital modeling, build-out of the customer reserve formula, and broader regulatory readiness work.
• Manage and develop a team of 1 Associate Director and 2 Analysts, including coordination of the Brazil-based outsourced resources, ensuring quality and timeliness across all deliverables.
• Drive automation and process efficiency using Excel, PowerPoint, and AI-enabled tools to reduce manual work in reporting, reconciliations, and month-end close.
• Serve as a key point of contact with head office in Brazil on accounting policy, reporting, and consolidation matters.
• Support regulatory examinations and inquiries (SEC, FINRA, CFTC/NFA) and internal audit requests as needed.

Qualifications

• MUST speak Portuguese or Spanish
• Bachelor’s degree in Accounting, Finance, or a related field.
• Expertise in U.S. broker-dealer accounting and net capital / customer reserve computations under SEC Rules 15c3-1 and 15c3-3.
• Substantial, progressive experience in broker-dealer finance and regulatory reporting (introducing or clearing broker-dealer environment, Big 4/audit practice serving broker-dealers, or a regulator such as FINRA/SEC).
• Strong Excel and PowerPoint skills, and comfort adopting AI-enabled tools to automate manual processes and improve efficiency.
• Demonstrated people-management experience, including managing distributed or outsourced team members.

Preferred Skills

• CPA is a plus but not required.
• Series 27 (Financial and Operations Principal) is a plus; if not currently held, certification will be required within the first year of employment.