DriveWealth · 1 day ago
Assistant FINOP
New York, NY
Full-time
Onsite
Mid Level
$150K/yr - $160K/yrDriveWealth is a global B2B financial technology organization dedicated to democratizing access to financial independence. The Assistant FinOp is responsible for ensuring the accurate preparation and submission of financial and risk-related reports to regulatory bodies, as well as performing reconciliation, accounting, and operations functions.
Artificial Intelligence (AI)Cloud InfrastructureCryptocurrencyDeveloper APIsFinancial ServicesFinTechPersonal FinanceSoftwareTrading PlatformWealth Management
No H1B
Responsibilities
Prepare, review, and submit key regulatory filings, including monthly/quarterly FOCUS reports (Financial and Operational Combined Uniform Statements) and the SEC Rule 15c3-3 (Customer and PAB Protection Rule) reserve computations
Support the daily, monthly, and quarterly calculations related to SEC Rule 15c3-1 & 17a-13 (Net Capital Rule and Securities Box Count and stock loan/borrow & fails confirmations) requirements, ensuring compliance with applicable financial regulations
Analyze, reconcile, and review balance sheets and income statements, performing variance analysis on corresponding items to ensure data accuracy and completeness
Participate in the development and review of compliance procedures, internal controls, and process enhancements, including automation efforts, to strengthen the control environment
Serve in a support capacity as the secondary point of contact and support for internal/external auditors and regulatory examiners (e.g., SEC, FINRA, CFTC, NFA, PCAOB), providing necessary documentation and explanations
Monitor changes in the regulatory landscape and communicate updates to the FinOp, internal stakeholders, assessing the impact on existing reporting processes and implementing necessary adjustments
Handle ad-hoc reporting requests and data validation, collaborating with cross-functional teams including Legal, Operations, Risk, and IT
Qualification
Required
A bachelor's degree in accounting, Finance, or a related field is required
Relevant professional experience in a regulatory reporting or financial reporting role within the financial services industry, ideally with a U.S. broker-dealer
In-depth working knowledge of broker-dealer regulatory requirements, specifically SEC Rules 15c3-1 and 15c3-3, and FINRA rules
Proficiency in U.S. GAAP (Generally Accepted Accounting Principles) and strong analytical skills, with the ability to manage and analyze large data sets efficiently (advanced Excel skills often required)
Strong attention to detail, excellent written and verbal communication skills, problem-solving mindset, and the ability to work independently and collaboratively in a fast-paced environment
Preferred
A CPA license or an advanced degree is a plus
FINRA Series 27 or 28 is not required but preferred
Benefits
Competitive medical, dental, and vision insurance options
Mental health resources
Generous paid time off with observed holidays (varies per country)
Paid parental leave for biological and adoptive parents
Up to $2,500 or local equivalent each year to invest in continued education and personal development
Up to $900 each year or local equivalent for fitness and wellness reimbursement
Company-provided phone (varies by country)
For HQ in-office employees, a daily lunch stipend, unlimited snacks, and engaging office space in the Financial District
Pre-tax commuter benefits (US only)
Employer 401K match (US only)
Company
DriveWealth
DriveWealth is a visionary technology company that empowers more than 100 partners around the world.
Founded in 2012
201-500 employees
Funding
Current Stage
Late StageTotal Funding
$550.8MKey Investors
Point72 VenturesRoute 66 Ventures
2021-08-20Series D· $450M
2020-10-27Series C· $56.7M
2017-11-03Series B· $21.1M
Leadership Team
Naureen Hassan
Chief Executive Officer
Venu Palaparthi
COO
Recent News
2026-01-14
2025-11-04
2025-10-31
Company data provided by crunchbase