Central Supervision Principal - Complex Product Lead

U.S. Bank • Brea, CA

2d • Hybrid

About The Position

The Central Supervision Principal - Complex Product Lead is primarily tasked with pre-approval reviews on transactions/proposals that fall within pre-determined guidelines (may be driven by product type or scenario) that may potentially require a more in-depth review. They will work closely with the Market Leaders and Field Supervision Principal to assure adherence to FINRA, MSRB, OCC, and internal compliance policies; acting as the primary compliance consultant/resource for the California Region within Wealth Management with respect to trade related questions, consulting, and training.

Requirements

• Bachelor degree or equivalent work experience.
• 5 years or more supervisory principal experience.
• FINRA Series 7, 65/66, 24, and state insurance licenses or the ability to secure FINRA Series 4, 53 or 9/10 (or combination of acceptable/interchangeable licenses based on FINRA waiver rules or grandfather provisions within 180 days of employment)

Nice To Haves

• Good decision-making ability and attention to detail.
• Conflict resolution skills.
• Strong ability to partner with others.
• Strong interpersonal, verbal, and written communication skills.
• Thorough knowledge of securities products.
• Ability to manage multiple projects and excellent time management skills.

Responsibilities

• Analysis, review, and approval of all Investment Advisory accounts at account opening.
• Will also provide additional trade analysis/review support as needed to other traditional Central Principal teams.
• Ensures trade activity are suitable and in compliance with various policies and regulations.
• Participates in special projects and training in support of firm's policies, procedures, and needs (ex. Audits, new product introductions, critical analysis of current trends and patterns).
• Constructs several reports that assist in communicating daily trade volumes, CP team productivity, and other reports specific to a business line (Investment Advisory/Pre-Approvals).
• Enforce compliance policies and procedures and escalates concerns when it is appropriate to do so.
• Actively ensures compliance with the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies, and procedures.
• Actively participates in any required corporate and business line training in these areas.
• Follows account-opening procedures and understands and follows internal suspicious activity referral requirements and processes, as required for this position.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Principal