Director of Supervision

Diversify • Sandy, UT

5d • Hybrid

About The Position

The Director of Supervision plays a critical leadership role in safeguarding the regulatory integrity of a dual-registrant financial services firm, operating as both a FINRA-registered broker-dealer and a SEC/state-registered investment adviser (RIA). This position is responsible for overseeing a comprehensive supervisory infrastructure that ensures compliance with all applicable rules, regulations, and firm policies governing the activities of registered representatives and investment adviser representatives. With oversight of both transactional and advisory-based business models, the Director of Supervision will manage and enhance supervisory controls, provide strategic input on risk mitigation, and serve as a key liaison with compliance, operations, legal, and executive leadership. The individual in this role must possess deep knowledge of both FINRA and SEC regulatory frameworks, have an active Series 24 license, and demonstrate strong leadership in managing a high-performing supervisory team. This is a full-time, in-office role with remote work opportunity or stationed at our headquarters in Sandy, Utah.

Requirements

• Series 24 license
• Series 7
• Series 63 and 65 (or series 66)
• Minimum of 5 years in brokerage and/or advisory supervision, compliance, or risk management within a dual registrant or hybrid RIA/BD firm.
• Proven experience managing teams and interacting with advisors and senior leadership.
• Demonstrated expertise in FINRA, SEC, and state regulatory frameworks including rules related to supervision, sales practices, disclosures, and fiduciary standards.
• Strong leadership, decision-making, and interpersonal skills
• Ability to handle complex regulatory matters and prioritize competing demands
• Familiarity with supervisory surveillance platforms, CRM/workflow tools, and documentation systems
• Excellent written and verbal communication, with a detail-oriented and analytical mindset
• High level of professional integrity and discretion when handling sensitive issues

Nice To Haves

• Series 53 a plus

Responsibilities

• Supervisory Oversight: Oversee daily supervisory functions across both brokerage and advisory platforms, including review of transactions, account activities, communications, and sales practices.
• Manage a team of supervisors who support supervision’s critical efforts, ensuring appropriate levels of escalations, documentation, and follow-up.
• Monitor for potential misconduct or policy violations related to suitability, trading patterns, fee structures, fiduciary obligations, and disclosure requirements.
• Supervise onboarding and ongoing monitoring of registered representatives and investment adviser representatives, including OBA/Private Securities Transactions, outside RIA affiliations, and personal trading.
• Regulatory & Policy Management: Review processes to ensure they are aligned with Written Supervisory Procedures (WSPs) and Compliance Manuals.
• Review and update supervisory practices in response to regulatory changes, industry trends, or internal audits.
• Support the firm’s regulatory exam readiness, partnering with Compliance and Legal to respond to FINRA, SEC, or state inquiries.
• Risk Management & Controls: Proactively identify potential areas of compliance vulnerability and risk.
• Conduct root-cause analysis on compliance breaches and collaborate on firm-wide initiatives to reduce regulatory risk.
• Implement and optimize the use of surveillance tools and reporting systems to improve oversight, audit trails, and supervisory analytics.
• Training, Culture & Communication: Build and maintain a strong supervisory culture that prioritizes ethical behavior, client-first principles, and regulatory accountability.
• Lead training initiatives for supervisors, registered representatives, and investment adviser personnel on evolving policies, regulatory updates, and best practices.
• Partner with business development, product, and advisor services teams to ensure business growth initiatives align with regulatory obligations.
• Strategic Leadership & Cross-Functional Collaboration: Serve as a subject matter expert (SME) for supervision in strategic projects including platform upgrades, product launches, and policy changes.
• Represent the supervision function at internal governance meetings and with external partners, demonstrating thought leadership and sound judgment.
• Build strong relationships across the firm to create a unified approach to supervision and compliance risk.

Benefits

• Core Benefits - Medical with HSA and FSA options, dental, and vision.
• Preparing for Your Future - 401(k) with a generous company match, access to a personal financial planner, and unique investment options.
• Great Team Culture - Team members consistently rave about having great colleagues.
• Time Off - We value family, giving back, making a positive impact in society, and creating time to enjoy life. You will enjoy 4 weeks paid time off, 12 paid holidays, and 2 days for giving back.

What This Job Offers

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