Assistant Director, Supervision

Principal Financial Group • UNAVAILABLE, UNAVAILABLE

3d

About The Position

Principal is seeking an Assistant Director to lead a team of registered principals responsible for centralized supervision, oversight, and monitoring of business conducted by securities registered representatives and investment adviser representatives. The role ensures that work is completed in accordance with service-level agreements, policies, procedures, and applicable regulatory requirements. It also leads the continued development of the supervisory framework, risk mitigation strategies, and internal controls in support of strategic initiatives, and serves as an escalation point and key partner for supervision-related matters.

The Assistant Director leads day-to-day supervision program execution, establishes performance expectations, coaches and develops employees, manages team capacity and service-level agreements, and oversees new-hire training and team calibration. The role represents Supervision as a subject matter expert on internal and strategic business initiatives and enhances supervisory processes and systems as regulations evolve. It assesses supervisory risks, including potential non-compliance, and develops mitigation strategies and controls.

The position contributes to data-driven supervision strategies, partnering across functions to analyze supervision datasets and improve monitoring, reporting, dashboards, and metrics. It builds relationships with leaders, financial professionals, and business partners; oversees communication and resolution of identified concerns; coordinates oversight of compliance testing, audits, and regulatory inquiries or examinations; and oversees applicable action plans. Other job-related duties and special projects may be assigned.

The position offers in-office, hybrid, or remote arrangements. Hybrid work involves at least three office days in a typical workweek. Remote arrangements are available only to employees residing more than 30 miles from Des Moines, Iowa, with the work arrangement determined in consultation with the leader. Occasional business travel of less than 25% is required.

Requirements

• At least 8 years of financial services industry experience in Broker-Dealer/RIA supervision, compliance, or risk management, demonstrated through work experience, training, military experience, or education.
• At least 3 years of formal or informal leadership experience.
• FINRA Series 7 and Series 24 licenses are required.
• FINRA-associated person status, including fingerprinting and a background check.
• Strong leadership and coaching skills, including the ability to guide and develop others and support team performance.
• Knowledge of publicly and privately traded securities and managed account platforms.
• Knowledge of the Investment Advisers Act of 1940 and applicable FINRA regulations.
• Initiative, flexibility, collaboration, and sound judgment.
• Strong organizational, prioritization, problem-solving, and analytical skills, including the ability to manage competing priorities and deadlines in a changing environment.
• Occasional business travel of less than 25% is required.
• Applicants must not require immigration sponsorship or additional work authorization now or in the future to work in the United States.

Nice To Haves

• Bachelor’s degree is highly preferred.
• FINRA Series 65 or Series 66 license is strongly preferred; otherwise, the license must be obtained within six months of hire.
• Project management experience.
• Experience with artificial intelligence tools and their application in supervision, compliance, or risk management.
• Familiarity with data visualization tools such as Tableau or Power BI.

Responsibilities

• Lead and manage a team of registered principals responsible for day-to-day execution of the supervision program.
• Set performance expectations, coach and develop employees, manage team capacity and service-level agreements, and ensure work meets supervisory standards.
• Oversee new-hire training and team calibration activities.
• Represent Supervision as a subject matter expert on internal and strategic business initiatives.
• Enhance supervisory processes and systems to keep them robust, efficient, and responsive to changing regulatory requirements.
• Identify and assess supervisory risks, including potential non-compliance, and develop and implement mitigation strategies and controls.
• Contribute to the design and implementation of data-driven supervision strategies.
• Partner with cross-functional teams to analyze supervision datasets and improve monitoring and reporting capabilities.
• Support development and refinement of dashboards and reporting metrics to provide leadership with actionable insights and inform risk-based models.
• Build and maintain relationships with leaders, financial professionals, and key business partners.
• Oversee engagement with leaders and ensure identified concerns are communicated, monitored, and resolved appropriately.
• Coordinate and oversee compliance testing, audits, and regulatory inquiries or examinations as needed.
• Ensure information is gathered and provided promptly and oversee completion of applicable action plans.
• Perform other job-related duties and special projects as assigned.

Benefits

• Flexible Time Off for salaried (exempt) employees, with paid time away for vacation, personal needs, or short-term illness; time does not accrue in a bank and there is no set number of days.
• Eligibility for a pension.
• Non-sales positions have the opportunity to participate in a bonus program.
• The company describes its benefit offerings as comprehensive and competitive, designed to support employees’ physical, financial, and social well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed