Mgr, Supervision

LPL Financial•Charlotte, NC

16h

About The Position

The Supervision Manager leads and develops a team of Supervisory Principals engaged in the supervision of HOS advisors and centralized product reviews for the Firm. Additionally, the Supervision Manager coordinates and strategically executes the oversight functions of Regional Supervision. This position will also include responsibility for leading special projects as defined by the management team and collaborating with employees at all levels throughout the firm.

Requirements

A minimum of 7 years’ experience in supervision, compliance and/or regulatory matters.
Series 7, 9 and 10 (or Series 24); Series 4 & 53 required or must pass within 120 days of employment (for candidates with S24); Series 66 (or S63 and S65)

Nice To Haves

Undergraduate degree in Business, Accounting, Finance, or related discipline
Prior leadership/team management experience preferred

Responsibilities

Talent Management - Responsible for hiring, training, and motivating staff. The Manager will provide ongoing support, coaching, feedback and developmental opportunities to address staff needs in order to engage them and help them be more effective and successful. The Manager will conduct staff meetings, team meetings, and one on one meetings in addition to goal setting and conducting employee evaluations including, but not limited to, quality control and task oversight.
Service Management – Must handle escalations and maintain positive relationships with Advisors and internally throughout the firm. Manager will engage and coordinate with Business Consultants and socialize concerns and escalated matters with senior leaders, as needed.
Production Management – Must ensure staff adheres to service level agreements. Strategize on approach to build or change current processes / procedures, including resources needed, requirements with which to comply, timeline for implementation, and ways with which to actively supervise these processes.
Risk Management – Utilizes risk based reporting to identify and ensure investigation of risk by advisor, branch, and/or territory. Must also analyze, coordinate and define risk for LPL in the scope of impending rule changes, business model needs, risk based mitigation approaches that may yield changes to functions, and departmental requirements. Understand and interpret rule requirements and the impact of their changes, updated policies and procedures, and the business needs of LPL, our advisors, and other departments. Must possess the ability to interpret federal and state regulations and develop and apply certain policies and procedures within the scope of the current regulatory environment in an attempt to mitigate risk and protect the firm. Must be able to communicate status and project outline to management and set the specific direction of a project, lead, and maintain an overall vision of the initiative/project Interact appropriately and confidently with Senior Management. Must have extensive product and industry knowledge Prioritize tasks and project management Serve as a key contact for internal departments, such as Operations, Service Center, Legal and various departments across the enterprise. Anticipate the needs of LPL Financial and the supervision organization in order to be able to define next steps with projects and other functions and be able to independently drive/execute projects. Identify specific regulatory issues, the application of regulatory requirements, and provision of advice on these rules and create and maintain internal policies, controls, etc. Identify and report significant gaps in policy, procedure and controls to management, while offering corrective actions for consideration and implementation.