Deloitte Sr. Consultant/Manager, Broker Dealer - Regulatory & Operations Risk in Princeton, New Jersey
Powered by Deloitte s Risk and Financial Advisory s (RFA) industry-leading expertise and technology, our Financial Markets team provides services designed to address operational, technological and regulatory challenges faced by capital markets participants, including: institutional and retail broker-dealers, wealth and investment managers; asset servicers; exchanges; clearing houses; depositories and custodians, including companies in commodities-driven businesses.
Work you ll do
Candidates will have exceptional records of professional achievement, securities industry experience with a specialization in the regulatory and oversight expectations and practices of broker-dealers. Candidates should have the ability to motivate others, communicate complex ideas clearly, win the respect of clients and colleagues, and work both independently and as part of a team. Equally important are analytical and problem-solving skills combined with exceptional business acumen, and complex problem-solving abilities across operational, organizational and strategic matters. Additionally, a candidate must possess as an aptitude for sales and marketing support to secure business and technology consulting engagements. Additional duties include:
Identify and evaluate business and technology risks, internal controls which mitigate risks, and related opportunities for internal control improvement Assist in the selection and tailoring of approaches, methods and tools to support service offering or industry projects
Actively participate in decision making with engagement management and seek to understand the broader impact of current decisions
Generate innovative ideas and challenge the status quo
Facilitate use of technology-based tools or methodologies to review, design and/or implement products and services
Play role and engagement planning, economics, and billing
Assist in retention of professionals
Participate in training efforts
Identify opportunities to cross-sell other services
Demonstrate a general knowledge of market trends, competitor activities, Deloitte's products and service lines
Build and nurture positive working relationships with clients with the intention to exceed client expectations
Understand clients' business environment and basic risk management approaches
Participate in proposal development efforts
Participate in "add-on" sales to client
Membership and visibility in professional & civic organizations
Contribute to a positive team attitude
Must be legallyauthorized to work in the United States without the need for employersponsorship, now or at any time in the future.
Our cross-functional industry group is comprised of more than 2,500 partners, managers and staff, providing a broad spectrum of services to a broad range of global organizations. As global leaders in providing professional services to the securities industry, Deloitte s Banking & Capital Markets Advisory Practice works with clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their customers. We provide a wide spectrum of advisory and consulting services to our clients, who include the world s leading broker-dealers, wealth managers, banks, investment advisers, insurance companies, mutual funds, securities exchanges, and other financial institutions. The unique strength of Deloitte lies in our ability to address industry issues by aligning the breadth of our capabilities to offer comprehensive solutions to our clients. We are a recognized leader in helping our clients solve complex business problems.
BA/BS in business administration, finance, accounting or related field
At least 3 years of industry or consulting experience in a securities regulator (i.e., FINRA or the SEC), top-tier broker-dealer or consulting firm with a clear record of expertise, accomplishment and impact
Knowledge of a wide range of securities products and business lines and the related regulatory framework. Including wealth management (retail brokerage and managed accounts), institutional trading, investment banking, back-office operations and regulatory reporting.
Experience with 1 st line supervision functions and 2 nd line Compliance and Surveillance functions
Experience using, implementing or supporting systems used for: trade surveillance, electronic communications surveillance, electronic recordkeeping (e.g., WORM), employee activity supervision, customer complaints, sales practice supervision, and trade reporting.
Experience with the FINRA New Member Application and Continuing Membership Application processes
Knowledge of the trading, operations, documentation, settlement and reporting processes, counterparty risk for such securities
A strong working knowledge of broker-dealer net capital requirements and Financial Operations (FinOp ) functions
Full project life cycle skills from the business or technology side where responsibilities included: defining work flows, defining business requirements documents, detailed project planning, data mapping and data migration, defining user test criteria and data, testing, status monitoring, problem tracking and resolution
The ability to support or lead proposal development and presentation process
Strong oral and written communication skills and the ability to build relationships with clients
Advanced aptitude with Microsoft products including Visio, PowerPoint and Excel.
Technology or product support to front, middle or back office operations including Data management, design, analysis, ETL and testing, systems configuration and implementation, and interface development
Experience implementing vendor packages, process mapping and design
Experience with business transformation through technological and operational change to support regulatory, risk or strategic initiatives
Must be willing to travel up to 50 to 75%
How you ll grow
At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there s always room to learn. We offer opportunities to help sharpen skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University, The Leadership Center. at https://zoomforth.com/s/deloitte/du#home
At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you. at http://www2.deloitte.com/us/en/pages/careers/articles/life-at-deloitte-benefits-and-rewards.html
Deloitte s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
Category: Risk Management
As used in this document, Deloitte means Deloitte LLP and its subsidiaries. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.