[Remote] Financial Controller

Note: The job is a remote job and is open to candidates in USA. ForecastEx, an innovative forecast-based exchange backed by Interactive Brokers, is seeking an experienced Financial Controller to lead finance and clearing initiatives. The role supports CFTC regulatory adherence, financial and operational risk management, banking oversight, audits, reporting, and process automation while collaborating with executive leadership and cross-functional teams.

Responsibilities

• Serve as the primary point of contact for finance matters, including interactions with Banks, FCMs and related third party vendors and partners
• Develop, implement, and maintain comprehensive policies and procedures, and workflows to ensure adherence to all applicable laws and regulations, including customer fund segregation rules
• Oversee financial audits and examinations relating to both the Exchange and Clearing operations and ensuring timely and accurate reporting submissions
• Establish and enforce internal policies and procedures to mitigate financial risks
• Stay updated on financial regulations changes and industry best practices, advising leadership on necessary adjustments
• Identify, assess, and manage financial risks associated with existing and new products
• Ensure the company fully complies with all CFTC regulations and all other applicable laws and regulations across all finance and clearing related operations and activities
• Oversee all systems interfacing with existing banking relationships
• Grow additional Banking relationships as necessary
• Reconciliation of all internal and external accounts, ensuring proper segregation of funds as prescribed by CFTC rules
• Monitor relevant banking and finance systems for realtime errors
• Partner with cross-functional teams, including product development, legal, operations, and technology, to ensure seamless finance integration across all business areas
• Provide regular updates to executive leadership and the board on finance activities, risks, and strategies
• Represent the company in industry forums and exchange-related finance discussions

Skills

• Leadership experience with the ability to manage teams and collaborate with diverse stakeholders
• Strong analytical and problem-solving skills, with attention to detail and a proactive approach to business challenges
• Minimum 5 years' experience
• Proficiency with cash management activities:
• Bank transfers (wire, RTP)
• Optimizing investment returns (via Government Securities, Repos, Money Market Funds)
• Liquidity Management
• Proficiency with financial reporting activities:
• Maintenance of books & records
• Managing receivables & payables
• Preparation of budgets
• Understanding of basic risk management concepts
• Basic familiarity with CFTC regulations relating to DCOs, DCMs and FCMs
• Able to assist in drafting technical specifications for development of clearing & financial reporting applications
• Excellent communication skills, with the ability to professionally interact with FCMs, Banking Partners, and other similar partners
• Bachelor's Degree, preferably in Finance, Economics or other Business-related discipline
• Preferably in banking, clearing, or brokerage services

Benefits

• Annual performance-based bonus
• Stock grant awards
• 401(k) retirement plan with competitive company match
• Excellent health and wellness benefits, including medical, dental, and vision benefits
• 100% employer-paid medical premiums
• Generous employer contributions to dental & vision plans
• Wellness screening and assessments
• Health coaches
• Counseling services through an Employee Assistance Program (EAP)
• Generous paid parental leave (up to 16 weeks paid parental leave for eligible employees)
• Company-paid basic life insurance
• Company-paid accidental death & dismemberment (AD&D) coverage
• Company-paid short- and long-term disability coverage
• Flexible Spending Accounts (Healthcare, Dependent Care, and Commuter FSAs)
• Quarterly fitness stipend to offset costs associated with traditional gym and fitness memberships or fees
• Education reimbursement
• Professional development opportunities
• Legal services
• Telehealth access
• Voluntary insurance options
• Backup child and adult care support through Care.com
• Daily lunch allowance
• Fully stocked kitchen with healthy breakfast and snack options
• Remote eligibility (Eligible states: CA, CT, FL, IL, MA, NC and NY)

Company Overview

Company H1B Sponsorship