Supervision Principal Missouri/Arkansas

U.S. Bank•Saint Louis, MO

3d•Hybrid

About The Position

The Supervision Principal manages delegated sales supervision for the Office of Supervisory Jurisdiction (OSJ) Market Leader, Wealth Management Advisors, and Wealth Management Associates. The role supports adherence to the Firm’s Written Supervisory Procedures (WSPs), including coaching and training associated persons assigned to the OSJ. It partners with market leadership and other stakeholders to help ensure compliance with applicable regulatory requirements and internal policies. The role performs first-line supervision by monitoring associated persons’ compliance, reviewing correspondence and transactions, conducting monthly client calls, preparing for and overseeing the OSJ’s annual examination, and completing Annual Supervisory Reviews for registered representatives. It identifies and addresses supervisory issues, delivers relevant training, monitors continuing education completion, and serves as a liaison on supervision matters. The position also supports compliance with the U.S. Bank Code of Ethics and applicable anti-money laundering, information security, suspicious activity reporting, and related requirements. The position offers a hybrid/flexible schedule, with an expectation of working in the office at least three days per week and flexibility to work outside the office on other days.

Requirements

Bachelor’s degree or equivalent work experience.
Five or more years of experience in the financial services industry.
Three to five years of sales supervision experience.
FINRA Series 7, 24, 53, 63, and 65/66 licenses, and a State Insurance license.

Nice To Haves

Typically, three or more years of securities principal experience.
A bachelor’s degree and/or progressive responsibilities in leadership.
FINRA Series 7, 24 (or 9/10), and 63 or 66; possession of or ability to secure Series 53 and 65 if required; and a State Insurance license.
Excellent knowledge of Microsoft Office suite and email applications.
Previous experience with supervisory systems such as WealthStation, Protegent, and other applicable software applications.

Responsibilities

Partner with other Market Leaders, the Market Leader, Region Administration Leader, and Central Principal on adherence to FINRA, SEC, MSRB, OCC, and internal compliance policies.
Monitor associated persons’ compliance with firm and regulatory risk management policies and regulations as part of first-line supervision.
Oversee adherence to the U.S. Bank Code of Ethics and applicable Anti-Money Laundering, Bank Secrecy Act, information security, and suspicious activity reporting requirements, policies, and procedures.
Participate in required corporate and business-line training on relevant compliance topics.
Follow account-opening procedures and internal suspicious-activity referral requirements and processes applicable to the position.
Work with customers, as appropriate, to understand their normal account activity.
Perform delegated supervisory functions, including reviewing correspondence, monthly client calls, and transactions.
Prepare for and oversee the OSJ’s annual examination process.
Complete Annual Supervisory Reviews for registered representatives, prepare the review template, and present actions needed to address identified issues.
Identify training needs and deliver supervision and compliance training to associated persons, either on a targeted or market-wide basis.
Monitor completion of firm and regulator continuing education requirements, including Firm Element and regulatory continuing education.
Serve as a liaison between the assigned market and other departments on supervision-related matters.
Contribute to departmental policies and procedures through committees or special projects as assigned by the Supervision Manager.
Maintain awareness of and comply with the U.S. Bancorp Code of Ethics and applicable laws, regulations, internal policies, and procedures.

Benefits

Healthcare coverage, including medical, dental, and vision.
Basic term and optional term life insurance.
Short-term and long-term disability coverage.
Pregnancy disability and parental leave.
401(k) and employer-funded retirement plan.
Paid vacation, ranging 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 hours worked, up to 80 hours per calendar year unless otherwise provided by law.
Incentive and recognition programs.
Equity stock purchase, 401(k) contribution, and pension, subject to eligibility requirements.