Supervision Principal Ohio/Indiana

U.S. Bank•Columbus, OH

2d•Hybrid

About The Position

U.S. Bank’s Supervision Principal manages delegated sales supervision for the Office of Supervisory Jurisdiction (OSJ) Market Leader, Wealth Management Advisor, and Wealth Management Associate. The role supports adherence to the Firm’s Written Supervisory Procedures (WSPs), including coaching and training associated persons assigned to the OSJ. The position works with market and regional leaders and the Central Principal on compliance with applicable regulatory and internal policies, and serves as a liaison between the assigned market and other departments on supervision-related matters. The role offers a hybrid/flexible schedule, with an expectation of working in the office three or more 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.
Typically, three or more years of securities principal experience.
Excellent knowledge of Microsoft Office suite and email applications.

Nice To Haves

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.
Previous experience with supervisory systems such as WealthStation, Protegent, and other applicable software applications.

Responsibilities

Partner with Market Leaders, the Market Leader, the Region Administration Leader, and the 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 compliance with 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 in compliance-related areas.
Follow account-opening procedures and internal suspicious activity referral requirements and processes, as required for the position.
Work with customers to understand their normal account activity, as appropriate for the position.
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 (ASeRs) of registered representatives in accordance with firm policies, complete review templates, and present actions needed to rectify identified issues.
Identify and deliver targeted or market-wide supervision and compliance training to associated persons.
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 policies and procedures through committees or special projects 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 insurance.
Pregnancy disability and parental leave.
401(k) and an employer-funded retirement plan.
Paid vacation of 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.