Examination Principal

U.S. Bank • Minneapolis, MN

4d • Hybrid

About The Position

This Exam Principal role involves the management of a team of Investment and Insurance Compliance Examiners. It requires partnering with stakeholders across the Business Line and Compliance to create, implement, maintain, review, or oversee an effective risk management framework. The Exam Principal participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. This role requires professional certifications - FINRA Securities Industry Essentials (SIE), Series 7, 24 and 63 or 63 registrations. Ability to obtain Series 53 and 79 within 365 days.

Requirements

• Bachelor's degree, or equivalent work experience
• Typically more than 10 years of applicable experience
• FINRA Securities Industry Essentials (SIE), Series 7, 24 and 63 or 63 registrations
• Ability to obtain Series 53 and 79 within 365 days

Nice To Haves

• Strong leadership and management skills of processes, projects and people
• Effective written and verbal communication skills
• Strong analytical, problem-solving and negotiation skills
• Prefer insurance related licensure
• Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
• Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls
• Considerable knowledge of risk, compliance, and audit competencies
• Strong project management, project planning, time management, and coaching skills
• Identify trends and patterns to determine if follow-up or escalation is required or additional process improvements are needed
• Self-motivated to manage work independently and strong organizational skills to effectively prioritize throughout the day.
• Ability to build and maintain relationships with various individuals and areas throughout the firm.
• Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
• Excellent presentation, interpersonal, written, and verbal communication skills
• Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and spreadsheets, databases, and presentations
• Excellent people-management skills

Responsibilities

• Responsible for ensuring adherence to regulatory and internal requirements regarding broker-dealer examination program
• Partner with Chief Compliance Officer and Business Line Supervision to ensure alignment on priorities, observations, corrective actions
• Review and approve examination schedule, including timebound and risk-based engagements
• Responsible for regulatory engagements; including but not limited to external examinations
• Lead or partner with internal parties to evaluate and onboard third-party system providers
• Track regulatory trends and participate in related discussions with impact to examination program
• Draft reporting for internal parties, including Senior Management, Business Line, and Chief Compliance Officer
• Provide oversight and coaching to examination team, including training, onboarding/offboarding, and licensing requirements necessary to execute program
• Other projects, as assigned

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: Senior