Sr Associate, Compliance Supervision

NewEdge Capital Group•New Orleans, LA

4d•Hybrid

About The Position

NewEdge Securities seeks a Series 24 Compliance Supervisor to support the firm's supervisory program through principal transaction review, surveillance, representative oversight, and regulatory examination support. The role enforces FINRA Rule 3110 and Regulation Best Interest standards and serves as an escalation point for supervisory questions from registered representatives and branch principals. Annuity supervision—including variable, fixed, and fixed indexed annuities under FINRA Rule 2330—is a core function. The position is hybrid in New Orleans, Louisiana, or Pittsburgh, Pennsylvania; remote candidates will also be considered. The salary range is $90,000–$100,000, based on experience, with eligibility to participate in the company's bonus program.

Requirements

Active FINRA Series 24 (General Securities Principal) registration, or ability to obtain it within 90 days of hire.
Series 7 and Series 63 registrations.
Active life and variable contract insurance license, or ability to obtain one within 90 days of hire, in the resident state and any additional required states.
At least 5 years in broker-dealer compliance, supervision, or operations, including experience supervising annuity or insurance product sales.
Working knowledge of Reg BI, Rule 3110, Rule 2330, 1035 exchange mechanics, and NAIC best interest requirements.
Clean regulatory record; U4 disclosure review is part of the background check.
Sound judgment on suitability and best interest, with clear written documentation of decisions.
Ability to deliver direct feedback to producing representatives and uphold supervisory standards.
Strong analytical skills, including comfort with exception reports and surveillance data.
Clear, concise written and verbal communication with representatives, carriers, and senior management.

Nice To Haves

Series 66 or Series 65.
Bachelor's degree in business, finance, or a related field.
Experience with Raymond James clearing platform and annuity order-entry workflows.
Experience with FINRA or SEC examinations and drafting or revising WSPs.
CFP, CRCP, or another relevant designation.
Familiarity with fixed indexed and registered index-linked annuities and carriers' product features.

Responsibilities

Maintain written supervisory procedures (WSPs) for the firm's supervised business lines, including annuity sales, exchanges, and 1035 transfers.
Run periodic surveillance using Raymond James and other custodian and carrier reports, and follow exceptions through to closure.
Coordinate registration, insurance-licensing, and carrier-appointment processes to confirm representatives are properly licensed and appointed before products are sold.
Review and approve transactions and exceptions escalated for principal approval, assessing suitability and best interest and documenting the rationale.
Resolve open items with representatives, custodians, and carriers before approval; reject or escalate deficient submissions.
Review and approve annuity applications, exchanges, replacements, and subsequent premium payments under Rule 2330 and Reg BI, documenting the rationale.
Evaluate surrender charges, loss of benefits, new surrender periods, rider costs, and clients' liquidity needs, time horizons, and ages.
Apply concentration and product-specific criteria, including limits for older and retirement-age clients.
Monitor annuity replacement rates, short-holding-period exchanges, representative and branch concentration, and surrender activity.
Serve as an escalation point for annuity-related supervisory questions from registered representatives and branch principals.
Deliver training on Reg BI and other supervisory topics, including Rule 2330 and annuity replacement requirements.
Document and track corrective action, heightened supervision plans, and disciplinary referrals.
Review communications, marketing materials, and client-facing illustrations, including annuity materials, and provide approvals as appropriate.
Support FINRA, SEC, and state examinations and respond to regulatory requests.
Investigate and document customer complaints and assist with required regulatory reporting.
Partner with Operations and Cashiering on processing, NIGO (not in good order) exceptions, and funds movement, including annuity transactions.
Report supervision metrics and emerging risks to the CCO and senior management.