Michael Rukin Email & Phone Number

New York, Ny, Us

New York, Ny, Us

Advisory Compliance

•Subject matter expert on many components of the SEC Financial Responsibility Rules including the safeguarding of customer protection assets (15c3-3)•Responsible for communicating with senior management of Operations, Controllers and Global Securities Services on the firm’s regulatory compliance with SEC Rule 15c3-3 “Possession and Control Rule”, provides internal oversight of the securities side to ensure the regulated entities are in compliance from an operational perspective.•Performs rootcause analysis on segregation deficits and violations to ensure maximum compliance with the rule, performs various reconciliations for unregulated entities •Provide expertise and advice on securities lock-ups, margin rates, margin leases and proprietary or customer owned stock to managers of teams within the Corporate Actions, Settlements, Stock Loan Operations, Prime Brokerage Operations, Global Securities Services, Funding Operations and Regulatory Reporting•Support the Security Lending desk in minimizing the firm’s exposure for securities in deficit and reducing overnight borrowing costs by ensuring. •Manage a relationship and a point of escalation with the Trade Management, Settlements, and Client services divisions to ensure settlement of “fully paid for” positions.•Serve as the key contact for meetings with auditors and regulators, SEC, Finra, external and internal Auditors.•Leads formal presentations on Customer Protection to within the Firm and to new analysts.•Liaise within Operations to ensure the accuracy of the stock record and to correct any issues.•Provide feedback and recommendations for process improvements within Global Control’s on going projects.•Works with Global Securities Services and Compliance on customer’s debit balance, rehype rates, margin releases, and security lock-ups.

New York, Ny, Us

•Reviewed and prepared all financial statements in accordance with U.S. generally accepted accounting principles.•Analyzed financial reporting schedules of budget to actual performance. •Provided commentary to senior management regarding quarterly variances in financial information.•Responsible for preparing and reconciling financial information for foreign currency translation adjustments in accordance with Accounting Standard Codification 830 (previously Statement of Financial Accounting Standard Number 52).•Coordinated with foreign offices in financial reporting issues and ad hoc requests.

Bachelor, Accounting

Education record