Member of Accounting, Regulated Trading & Derivatives

Overview

This role supports the Regulated Trading & Derivatives accounting team, working with the Global Accounting Lead (CFO) to run the books, support the close, and complete regulatory reporting for Swap-dealer and Broker-dealer entities.

The position is hands-on and detail-oriented, with significant opportunity to build and improve processes, reconciliations, and internal controls from the ground up as the team scales.

Security policy note: all new hires must complete an in-person onboarding process — no exceptions.

Responsibilities

Accounting & Close

• Prepare journal entries, account reconciliations, and flux analysis for the Broker-dealer and Swap-dealer entities as part of the monthly, quarterly, and year-end close, in accordance with US GAAP.
• Account for trading activity, derivatives, margin, collateral, and digital asset positions, and reconcile them to clearing, custody, and counterparty statements.
• Investigate and resolve breaks and open items quickly, and document the root cause so they do not repeat.
• Support internal and external auditors with schedules, samples, and walkthroughs.

Regulatory Reporting

• Prepare supporting schedules and workpapers behind SEC FOCUS reports, CFTC/NFA swap dealer financial reports (CFTC Regulation 23.105), and daily or monthly net capital computations.
• Help monitor compliance with:
  • SEC Rule 15c3-1 (Net Capital) and SEC Rule 15c3-3 (Customer Protection) for the Broker-dealer
  • CFTC Regulation 23.101 (minimum capital) and 23.104 (equity withdrawal restrictions) for the Swap-dealer
  • Flag early-warning issues promptly.
• Support the accounting and reconciliation of uncleared swaps derivatives trading activity, including initial and variation margin and collateral under the CFTC uncleared margin rules (CFTC Regulations 23.150–23.161).
• Maintain the weekly regulatory capital model and prepare related internal updates.
• Support regulatory audits and examinations (SEC, FINRA, CFTC, NFA) by pulling and tying out schedules, responding to document requests, and helping track remediation items.

Build & Improve

• Help set up the books, chart of accounts, reconciliations, close checklists, and reporting packages for the Swap-dealer and Broker-dealer entities, and contribute to planning if a futures commission merchant (FCM) is added later.
• Document processes and help design and test internal controls over financial reporting (ICFR) suited to digital asset trading and derivatives.
• Identify opportunities to automate manual work in spreadsheets and the ledgering system, and collaborate with Treasury, Trading Operations, Engineering, and Product to improve data flow.
• Partner with Compliance, Legal, and Trading to understand the accounting and regulatory impact of new products and trading strategies.
• Take on special and ad-hoc projects as the team grows.

Requirements

• 8+ years of progressive accounting or finance experience, ideally in the finance team of a broker-dealer, swap dealer, FCM, bank, trading firm, or crypto company.
• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA license or active progress toward one is strongly preferred.
• Solid command of US GAAP, including ASC 815 (Derivatives and Hedging) and accounting for trading securities, margin, collateral, and revenue recognition.
• Understanding of derivatives such as futures, options, and uncleared swaps (experience running these books is not required, but understanding how trades flow into the ledger is required).
• Working familiarity with broker-dealer financial reporting (FOCUS, net capital, customer protection) and CFTC/NFA swap dealer requirements (capital, financial reporting, uncleared margin) is strongly preferred (training will be provided for the remaining requirements).
• Advanced Excel skills and comfort with a modern ledger or ERP (such as NetSuite) and close management tools (such as FloQast).
• Comfort with SQL, Python, or automation tools is a plus.
• Hands-on, detail-oriented approach with strong tie-out and issue-resolution skills.
• Builder mindset—comfortable setting up processes, templates, and controls from a blank page.
• Can-do attitude: ownership, strong questioning skills, ability to move quickly under tight deadlines, and composure under pressure.
• Ability to clearly explain accounting and regulatory capital topics to non-finance partners in Trading, Product, and Engineering.

Preferred Qualifications

• Experience helping stand up or scale a finance function at a broker-dealer or swap dealer.
• FCM accounting and reporting experience (CFTC Regulation 1.17, Form 1-FR-FCM, customer segregation), useful if an FCM is launched later.
• Accounting or financial reporting experience with digital assets or crypto derivatives.
• Familiarity with institutional trading systems, clearing platforms, and modern ledgering software.
• Interest in the evolving regulatory landscape for stablecoins, tokenized assets, and decentralized finance.
• Prior Series 27 or NFA Series 3 exam progress.

Compensation & Benefits

• Compensation and benefits details are not provided in the job description.

Location

• San Francisco, California; New York, New York; Porto, Portugal; Singapore; Sioux Falls, South Dakota (offices listed).