An established wealth management and financial services organization is seeking an experienced FinOp to oversee the financial and operational controls of a regulated broker-dealer and affiliated advisory business. This individual will play a critical role in ensuring compliance with regulatory requirements, maintaining financial integrity, and supporting the overall operational framework of the business.
Client Details
Broker-dealer and RIA.
Description
Regulatory & Financial Oversight
- Maintain ongoing compliance with applicable financial responsibility regulations and industry requirements.
- Prepare, review, and submit regulatory filings and financial reports within required deadlines.
- Monitor capital adequacy, liquidity levels, and related financial metrics, escalating issues when appropriate.
- Oversee customer asset protection controls and ensure adherence to regulatory safeguarding requirements.
- Act as the primary liaison during regulatory examinations and inquiries.
Accounting & Operational Management
- Manage the firm's general ledger, financial statements, accounting records, and reporting processes.
- Oversee daily financial operations, reconciliations, exception management, and cash controls.
- Review transaction activity to ensure accuracy and compliance with internal procedures.
- Coordinate expense management, invoicing processes, and financial governance initiatives.
- Support tax reporting and other statutory filing requirements.
Risk, Controls & Governance
- Establish and maintain a strong internal control environment across finance and operations.
- Partner with external auditors on annual audits and regulatory reviews.
- Monitor third-party service providers, clearing relationships, and outsourced operational functions.
- Identify operational risks and implement process improvements to strengthen controls and efficiency.
- Develop and maintain policies, procedures, and supervisory frameworks supporting regulatory compliance.
Leadership & Stakeholder Management
- Collaborate with senior management, compliance, legal, and operations teams on strategic initiatives.
- Provide guidance and oversight to finance and operations personnel.
- Support business growth while maintaining a robust control and compliance environment.
- Communicate effectively with regulators, auditors, and internal stakeholders on financial and operational matters.
Profile
- Bachelor's degree in Finance, Accounting, Business Administration, or a related discipline.
- Prior experience serving as a designated FINOP within a regulated broker-dealer environment.
- Active FINRA Series 27 or Series 28 licence required.
- Strong knowledge of broker-dealer financial responsibility regulations, capital requirements, and regulatory reporting.
- Experience preparing regulatory filings, financial statements, and audit documentation.
- Solid understanding of accounting principles, reconciliations, and operational controls.
- Previous experience managing finance and operations teams.
- Familiarity with brokerage, wealth management, or private banking environments.
- Experience interacting directly with regulators and external auditors.
- Bilingual English and Spanish communication skills preferred.
- Strong analytical skills, attention to detail, and ability to operate effectively in a highly regulated environment.
Preferred Background
- Broker-dealer finance and operations leadership
- Regulatory reporting and capital management
- Wealth management or private banking operations
- Audit, risk management, and control frameworks
- Third-party oversight and vendor governance
Job Offer
- $180,000 - $250,000 base salary.
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.