Supervision Principal Ohio/Indiana
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 compliance with the Firm’s Written Supervisory Procedures through oversight, coaching, and training of associated persons assigned to the OSJ. Working with Market Leaders, the Region Administration Leader, and the Central Principal, the Supervision Principal monitors adherence to applicable regulatory and internal policies, oversees first-line supervision and risk management, and carries out delegated supervisory reviews. The role also prepares for and oversees the OSJ’s annual examination, conducts Annual Supervisory Reviews, addresses identified issues, and coordinates supervision-related matters with other departments. The position contributes to departmental policies and procedures through committee participation or special projects as assigned by the Supervision Manager. The role is hybrid/flexible, with an expectation to work in the office at least three days per week and flexibility to work outside the office location 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 e-mail applications.
- Previous experience with supervisory systems such as WealthStation, Protegent, and other applicable software applications.
Responsibilities
- Partner with other Market Leaders, the Market Leader, the Region Administration Leader, and the Central Principal to support 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 compliance with the U.S. Bank Code of Ethics and Anti-Money Laundering, Bank Secrecy Act, information security, and suspicious activity reporting requirements, policies, and procedures.
- Participate in required corporate and business-line training; follow account-opening procedures and internal suspicious-activity referral processes as required.
- 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.
- Conduct Annual Supervisory Reviews for registered representatives, complete the required templates, and present actions needed to address identified issues.
- Identify training needs and deliver supervision and compliance training to associated persons on a targeted or market-wide basis.
- Monitor completion of firm and regulatory continuing-education requirements, including Firm Element and regulatory CE.
- Act as a liaison between the assigned market and other departments on supervision-related matters.
- Provide input on departmental policy and procedures by participating in committees or special projects as assigned by the Supervision Manager.
- Maintain awareness of and comply with the U.S. Bancorp Code of Ethics and the laws, regulations, policies, and procedures appropriate to the position.
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, 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 plan.
- Pension, subject to eligibility requirements.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
