Supervisory Principal - Wealth Management

Responsibilities

• Reviewing new account paperwork and other standard account requests for suitability, appropriateness and completeness, and providing supervisory Principal approval for processing.
• Developing procedures and working guides for operational processes, including paperwork requirements, for Wealth Advisors to utilize as a reference.
• Monitoring and reviewing daily trading activity.
• Reviewing pre-trade and post-trade compliance exception reporting, inquiring where appropriate, and maintaining evidence of such review.
• Reviewing email correspondence for conflicts of interest or prohibited behavior.
• Acting as liaison to Middle Office to ensure efficiencies, working to improve operational procedures.
• Maintaining working knowledge of Fidelity (NFS) and Schwab policies affecting Wealth Advisors workflow and communicating such policies to the Wealth Advisors business.
• Corresponding and collaborating with Legal/Compliance Department members regarding various compliance inquiries, including AML, suitability, and other compliance issues.
• Reviewing and providing pre-approval for employee personal financial transactions, working to identify any conflicts of interest.
• Reviewing advertising and client presentation material for compliance with applicable rules and regulations.

Requirements

• Bachelor’s degree in Finance or related discipline (strongly preferred)
• A minimum of 10 years supervisory experience
• FINRA Series 4, 7, 66 and 24 licensed
• Strong working knowledge of SEC and FINRA regulations and the ability to interpret and apply regulatory requirements effectively
• Proficient in FIS Protegent, RedOak and Star Compliance