Supervisory Principal

Responsibilities

• Suitability review and approval of transactions in certain product specific areas such as alternative investments, structured products, exchange traded products, variable annuity liquidations and others as needed.
• Become a subject matter expert and liaison with vendors and wholesalers.
• Aid with regulatory exams and requests as well as maintain supervisory procedures.
• Manage projects, plan, and resolve issues.
• Conduct investigations of questionable sales activity and collaborate with senior analysts or managers on resolutions.
• Stay updated with company and industry regulations; interpret firm policies and procedures.
• Routinely interact within a team environment to identify potential sales practice concerns, escalate issues, and consult on problematic clients or branches.

Requirements

• Undergraduate degree in Business, Accounting, Finance, or related discipline.
• Series 7, 66 (or 63 and 65), 24 (or 9 and 10), if one exam is needed, obtain within 90 days.
• 5+ years industry experience.
• Understanding of complex products (i.e., alternative investments and structured products).
• Knowledge of mutual funds, annuities, general securities, and other financial products.
• Knowledge of FINRA, SEC, and State rules and regulations.

Core Competencies

• Ability to work in a fast-paced/high-volume environment and be flexible with work schedule.
• Multitasking, strong attention to detail, excellent problem-solving and follow-up skills.
• Oral and written communication skills.
• To make regulatory and supervisory-based decisions.
• Develop compliance systems and strategies for effective supervision.

Preferences

• Series 4 & 53.
• Life and Health Insurance License.
• Experience with all Microsoft applications, particularly Excel, Word, Access, PowerPoint, and Visio.
• Familiarity with BETA.