Conduct suitability review of new business and provide compliance oversight of registered representatives. Support and monitor the activities of a team of Sales Supervision Principals.

Responsibilities

  • Monitor and provide oversight of Sales Supervision Principals; provide direction and training as needed.
  • Assist in the development and implementation of departmental desktop procedures; maintain and provide updates.
  • Participate as a member of the Escalation Committee for Business Review cases that are considered outside of firm guidelines.
  • Develop reporting and track all escalated cases, and provide guidance as needed during escalated reviews.
  • Conduct quality control reviews of approved Business Review cases.
  • Conduct and oversee account reviews for client’s best interest.
  • Preapprove complex products prior to distribution to clients.
  • Provide compliance training and guidance to field representatives.
  • Ensure adherence to business line processes and controls.
  • Track and assist with investment issues and complaints.
  • Track quality reports and identify potential issues.
  • Assist with licensing and registration issues.
  • Investigate regulatory violations, sales practice improprieties, or other policy violations.
  • Assist with the preparation for regulatory audits.
  • Perform Principal guidance and training, and provide supervisory feedback.

 

Qualifications

  • Bachelor’s degree in finance or business-related field, or equivalent work experience
  • Seven years of securities industry related experience, suitability/best interest review experience, investment sales supervision, or similar work
  • FINRA Series 6 or 7
  • FINRA Series 63, 26, 65, or 66, 24
  • Thorough knowledge of securities products, FINRA, SEC and DOL regulations
  • Ability to analyze complex issues and recommend solutions
  • Strong written and verbal communication skills
  • Attention to detail
  • Proficiency in MS Office (Word, Excel)

 

Preferred Qualifications

  • MSRB Series 51 or 53

 

Working Conditions

  • Office environment

 

 

Compensation

The salary for this position generally ranges between $69,000 - $82,000 annually/per hour. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors including qualifications, experience, geography, work location designation (in-office, hybrid, remote) and operational needs. Salary may vary above and below the stated amounts, as permitted by applicable law.

Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.