Flora S

Financial Examiner - 25 Years of Experience - Near 11375


Financial Examiner

Education Level:


Will Relocate:



SUMMARY OF QUALIFICATIONS * Strong knowledge and broad understanding of the Securities Industry and considerable expertise with US GAAP and International Accounting Standard (IAS). Considerable experience with corporate, broker-dealer and commodities accounting * Broad grasp and strategic understanding of Financial and Regulatory Reporting with emphasis on all SEC and FINRA requirements including the 15c3-1 Net Capital, 15c3-3 Customer Reserve formula and PAB rules as well as Audit practices. * Possesses significant knowledge and understanding of fixed income, commodities and currency products inclusive of market risks, trading limits, hedging and credit risks. * Established and maintained strong professional relationships with regulatory authorities. Was designated liaison with Regulators from SEC, FINRA, CME, and CFTC. * Effective in organizing and managing professionals to achieve Departmental mission. Resourceful problem - solver with substantial staff management experience. Advanced computer skills. * Strong verbal and written communications skills, with strong administrative, research and decision-making skills. RBC Capital Markets LLC. Consultant, Financial Control November 2016 to November 2017 Responsibilities * Prepare and file audited Financial Statements, including footnote disclosures * Perform Balance Sheet and Income Statement analysis * Perform various oversight functions to ensure that the Broker Dealer books are accurate and in compliance with IFRS/US GAAP reporting requirements * Research technical financial reporting requirements * Identify and coordinate adjustments needed at month-end for financial reporting purposes * Review standards of documentation binders for compliance with RBC policy to ensure high quality of reconciliations and related support * Ensure that the Broker - Dealer Controls for the SEC Financial Responsibility Rules (FRR) were effectively implemented and in full compliance. * Identified and analyzed variances in the monthly Executive Financial package which required liaising with various groups such as Trading, Product Control, Treasury, Credit Risk, Market Risk, Regulatory Reporting and Operations DEUTSCHE BANK SECURITIES INC. Vice President, Regulatory Reporting Group May 2004 - July 2016 As Daily Operating Manager, I was responsible for: Assuring that all current and regulatory rules were fully and consistently applied reducing operational risk with no violation of regulatory requirements and prescribed practices * Preparation of the SEC Rule 15c3-3 Customer Reserve Computation and preparation of the PAB Reserve Calculation as well as Possession and Control reviews * Monitor the 15c3-3 required segregated deposits daily * Preparation of the FINRA Short Interest Reporting as well as the "Verification Letter" * Rule interpretations and proposals related to SEC Rule 15c3-3 * Critical liaison between Finance and Operations Departments provided professional support and expertise on projects to reduce operational risk and drive sustainable performance * Identifying risks, escalate and implement corrective solutions in this function * Primary regulatory contact with FINRA, SEC, KPMG collaborated to provide/deliver complete, error-free audits to both external and internal auditors * I organized a Steering Committee to coordinate the implementation of the proposed amendments to FINRA Margin Rule 4210 in anticipation of its approval liaised with the management of Front, Middle, IT, Compliance and Legal in this ongoing effort * Engaged in one on one staff training and development to assure Regulatory Reporting Department's mission was aligned with that of Deutsche Bank. Managed a staff of five (5)


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