Broker-Dealer Accounting Senior Analyst
At a glance
Senior Accounting role at Bbva. New York · full-time · $100,000–$110,000 base.
financeroles summary, based on the employer's posting.
What you'll do
- Keep broker-dealer accounting policies current and reconcile the firm’s systems and bank accounts
- Support monthly close, prepare journal entries, and explain balance-sheet and income-statement movements
- Track revenue and expenses by business line and help prepare management and board finance materials
- Prepare regulatory filings and capital calculations, including FINRA reports and weekly customer-protection work
- Support audits, parent-company consolidation, and testing for new business or system launches
What you bring
- At least three years of accounting work at a financial institution
- A bachelor’s or master’s degree in accounting and working knowledge of US GAAP
- Proficiency with Microsoft Office, plus strong analytical and problem-solving ability
Who this fits
This senior analyst role suits someone with financial-institution accounting experience who can handle both close work and broker-dealer regulatory reporting. It is hybrid in New York, and you must already be eligible to work in the United States because visa sponsorship is unavailable.
From the employer
Excited to grow your career?
BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.
About the job:
Seeking a highly motivated, detail oriented individual to work at a growing U.S. broker-dealer subsidiary of a global financial services group based out of Spain.
Job Description
Accounting Responsibilities:
Create and maintain accounting policies for B/D
Maintain system and bank reconciliations
Assist with month-end closing process of books and records
Assist with monthly finance presentation material to Senior Management and quarterly presentation to the Board of Directors
Prepare daily journal entries as needed
Assist with the annual audit of the financial statements
Analyze monthly variances in balance sheet and income statement
Track and analyze revenue and operating expenses by lines of business
Participate in user-acceptance testing as part of new business/system roll-outs and validate the testing results
Regulatory Responsibilities:
Assist with preparation of FINRA FOCUS Reports including the form X-17A-5 Part II, Supplemental Statement of Income (SSOI), Form Custody for Broker Dealers, Supplemental Liquidity Schedule (SLS), Off Balance Sheet Report (OBS) and SEC 17H reports
Assist with preparation of 15c3-1 Daily Net Capital computations and Customer Protection Rule 15c3-3 (weekly) for a self-clearing broker dealer
Assist with TIC BC, & TIC BL monthly reporting to the Federal Reserve
Assist with monthly consolidation to BD’s foreign parent
Assist with audits with regulators and internal/external auditors
Qualifications
Must Have
3+ Years of accounting experience in financial institutions
Bachelors or Masters in Accounting
US GAAP knowledge
Proficiency in Microsoft Office
Strong analytical and problem-solving skills
Preferred
CPA or on track
Familiarity with fixed income securities
Experience in using Broadridge Impact
Experience in using Workday Enterprise Management
Accounting experience in US broker
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
With respect to this position in our New York Office, the expected base salary ranges from $100,000 to $110,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
Legal requirements
It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
Pay Transparency Policy Statement
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).
Individuals with Disabilities
BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: disabilityaccessjobs.us@bbva.com or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.
*The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.
EEO Statement
BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.
View the "EEO is the Law" & "View the EEO is the Law Supplement Poster" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.