Regional Supervision Director
Osaic · St. Petersburg, FL · 3 mo ago
Business Development$80k–$86k/yrFull-time
Summary
The Regional Supervision Director performs the functions of a registered principal related to the supervisory duties delegated by the Supervision Regional Vice President (“SRVP”). The Regional Supervision Director supports efforts of the SRVP to ensure the business is processed in accordance with firm policies and procedures.Education Requirements
- Bachelor’s degree preferred, high school diploma (or equivalent) in combination with practical experience will be considered in lieu of degree. A minimum high school diploma or equivalent is required.Responsibilities
- Provides support to the SRVP by assuming delegated responsibilities and providing other supervisory assistance as required.
- Maintains an ongoing positive relationship with Financial Professionals, OSJ Branch Managers and support staff in collaboration with the SRVP, Compliance, and Advisor Engagement.
- Engage in Supervisory Office Visits with assigned OSJ Managers to promote company supervisory practices, follow up on branch exam findings, and proactively address potential compliance issues to minimize risk to the Financial Professional, the OSJ, and the firm.
- Home office liaison and primary contact during travel of the SRVP.
- Maintains an ongoing positive relationship with Financial Professionals, OSJ Branch Managers and support staff in collaboration with the SRVP, Compliance, and Advisor Engagement.
- Monitors, reports, and enforce internal controls to ensure compliance with industry regulations and the firm’s policies and procedures.
- Affords support to the SRVP in implementing policy and procedures for facilitating supervision of new and existing initiatives.
- Identifies patterns of concerning practices. Conducts reviews based on findings that violate the firm’s current guidelines and takes appropriate corrective action as needed in collaboration with the SRVP.
- Develops new OSJ branch managers and staff regarding firm policies and procedures for compliance and conduct training on technology used for supervision.
- Affords support to the SRVP in developing and enforcing Heightened Supervision and Financial Action Plans.
- Maintains records and files as outlined in the department’s policy and procedures.
- Maintains an ongoing positive relationship with Financial Professionals, OSJ Branch Managers and support staff in collaboration with the SRVP, Compliance, and Advisor Engagement.
- Monitors, reports, and enforce internal controls to ensure compliance with industry regulations and the firm’s policies and procedures.
- Works on delegated and collaborative projects with the SRVP, Advisor Engagement, Legal and Compliance to include the tracking of projects to ensure completeness.
- Responsible for review of Outside Business Activities, Resolution of Branch Office Deficiencies, Completion of Annual Compliance Requirements and Surveillance reviews.
- Travel required as dictated by the above responsibilities.
Basic Requirements
- 5+ years of financial industry experience.
- 2+ years of related experience.
- FINRA Series 7, 24, 66 (or 63 / 65) are required.
- Required technical strength to work within the firm’s technology and Microsoft office tools.
- Strong understanding of relevant FINRA and SEC rules and regulations including 3110, 40 ACT, Reg BI and DOL PTE.
- Thorough knowledge of securities products (i.e., mutual funds, variable annuities, alternative investments, and individual securities), compliance requirements, and the broker dealer and investment advisor industry.
- Ability to effectively handle and prioritize multiple tasks in a fast-paced team environment to meet defined deadlines.
- Ability to travel approximately 25%.
Preferred Requirements
- FINRA Series 4 & 53 preferred.
- Resident State Life, Health & Sickness, and Variable Annuity insurance licenses.