Sr. Supervision Principal

Ameritas•Remote USA Position-Ameritas HQ is Lincoln, NE

3d•Remote

About The Position

This position is a subject matter expert responsible for reviewing and approving new brokerage and managed accounts, annuities, retirement and financial plans, and executed transactions in accordance with Regulation Best Interest and Department of Labor fiduciary regulations. The role also reviews electronic communications and advisor-required submissions, including check and correspondence logs and gift and entertainment disclosures. It coordinates with the Field Supervision team responsible for direct supervision and oversight of the enterprise’s broker-dealer and investment advisory distribution. The position is remote within the United States and does not require regular in-office presence. The role supervises sales activities of assigned registered representatives and Offices of Supervisory Jurisdiction (OSJs), reviews customer accounts and transactions, analyzes surveillance and exception reports, investigates potential sales practice violations, and takes corrective action. It supports regulatory examinations, maintains written supervisory procedures, delivers compliance education and training, participates in working groups, and performs reporting, analysis, and other assigned supervisory or operations work.

Requirements

Bachelor’s degree or an equivalent combination of education and experience.
1–3+ years of relevant broker-dealer, registered investment advisor, or similar industry experience.
FINRA Series 7, 24, and 53 registrations are required.
FINRA Series 63/63 or 66 registrations are required.
Any missing required FINRA registration must be acquired within 180 days of start.

Nice To Haves

3–5 years of relevant experience.
Previous supervisory principal experience.

Responsibilities

Review and approve transactions for suitability and documentation across products, including fixed income products, equities, Unit Investment Trusts, Real Estate Investment Trusts, other direct participation programs, mutual funds, 529 plans, indexed annuities, variable annuities, variable life products, structured products, and investment advisory products.
Review compliance surveillance exception reports for potential sales practice violations.
Review and ensure resolution of items in suitability and transaction systems.
Make regulatory and supervisory decisions to mitigate enterprise risk.
Build constructive relationships with registered representatives and OSJs in assigned segments through communication, visits, education, and follow-up.
Investigate potential sales practice violations and take corrective actions, which may require client or representative contact.
Assist with regulatory examinations and requests.
Assist with maintaining the department’s written supervisory procedures.
Analyze sales activities and trends through exception reports to determine whether activity complies with enterprise and regulatory guidelines.
Provide compliance education and training to representatives and OSJs through communication, educational activities, and disciplinary actions.
Directly supervise sales activities of assigned representatives by reviewing and approving customer accounts, daily transactions, and ongoing activity.
Conduct other supervisory or operations functions as assigned.
Identify, evaluate, and document trades flagged as suitability exceptions in accordance with FINRA rules and industry regulations.
Supervise sales activity of registered representatives and OSJs in the assigned segment.
Participate in or lead working groups or committees.
Perform projects supporting reporting or analysis work.
Represent the department in meetings as assigned.