Vendor Manager

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. We are seeking a highly skilled and experienced FCM Accounting Manager to join our team in Chicago. This role is responsible for overseeing financial and regulatory reporting, audit processes, and team management. The ideal candidate will have a strong background in finance, accounting, and regulatory reporting, with experience in the Futures Commission Merchant (FCM) industry as a significant plus. Responsibilities include, but are not limited to: * Provide financial reporting by leading and actively participating in the month-end close process, coordinating with the headquarters in Los Angeles * Conduct and review month-over-month flux analyses to identify trends and anomalies * Approve and ensure the accuracy of account reconciliations * Oversee the regulatory accountant responsible for the daily segregation/secured computations, capital requirement calculations, and month-end FOCUS reporting population * Act as the primary point of contact for the following audits: CME (primary regulator), Ernst & Young (annual audit), and internal audits as needed * Manage and mentor a team of 2-3 professionals, fostering their growth and development * Collaborate with various departments across the Chicago office to ensure alignment on financial matters * Provide support for FX financial reporting and corporate accounting functions * Fulfill ad hoc requests as needed Experience and Skills Required Experience * Bachelor's degree in Accounting, Finance or related field * Minimum of 10 years' experience in a mid-level/senior level finance role * FCM industry experience is a plus * Supervision of teams is a plus * Excellent analytical skills with meticulous attention to detail. * Strong communication and interpersonal skills, with the ability to collaborate effectively across departments. * Highly proficient in MS Excel; adept at learning new software applications. What We Offer What Wedbush Offers You As part of the overall compensation package, Wedbush Securities (WS) offers an array of diverse benefits to our Colleagues. * Comprehensive medical, dental, and vision coverage with multiple health plan options * Health Savings Account (HSA) with company-sponsored contributions * Flexible Spending Accounts (FSA) traditional and dependent care * Pre-Tax Commuter Benefits * 401(k) Plan: competitive discretionary company matching and profit-sharing contributions * Tuition reimbursement ($5,250 max per year) * Paid Vacation, Sick Time, Holidays, Volunteer Time Off * Paid Leave: Parental Bonding, Jury Duty, Military, Disability, etc. * FINRA and Professional License Sponsorship * Charitable Donation Matching Contributions * Travel & Employee Assistance and Employee Discount Programs * Discretionary compensation based on the colleague's and the firm's performance Applications will be accepted until the position is filled. Decisions regarding compensation are determined on a case-by-case basis and are dependent on a variety of factors including but not limited to location; skill sets; experience and training; licensure and certifications; and other business and organizational needs. A reasonable estimate of the current hiring range is $122,000 - $162,000. At Wedbush, we recognize that a diverse and inclusive workforce drives innovation, results in higher Colleague satisfaction, fosters superior client service, and adds meaningful value for stakeholders. WS aims to foster a culture of inclusion where all Colleagues are valued for their unique contributions to the firm and provided equal opportunities to succeed. Wedbush uses E-Verify, an Internet-based system, to confirm the eligibility of all newly hired employees to work in the United States. Learn more about E-Verify, including your rights and responsibilities here This position is subject to various laws or regulations that impose restrictions or prohibitions for employment with Wedbush due to criminal history. Those laws or regulations include but are not limited to, the following: Securities Exchange Act of 1934 (SEA) Rule 17a-3, et. seq,, Financial Industry Regulatory Authority (FINRA) Rules 3110(e), Rule 4530(a), etc., and FINRA Regulatory Notice 07-55.

Created: 2025-03-06