Supervision Principal Ohio/Indiana

U.S. Bank • Chesterfield, MO

4d • $86,360 - $101,600 • Hybrid

About The Position

The Supervision Principal manages delegated sales supervision for the Office of Supervisory Jurisdiction (OSJ) Market Leader, Wealth Management Advisor, and Wealth Management Associate. The role helps ensure adherence to the Firm’s Written Supervisory Procedures (WSPs), including coaching and training associated persons assigned to the OSJ.

The position manages first-line supervision and monitors compliance with firm and regulatory risk-management policies. It oversees compliance-related responsibilities involving the U.S. Bank Code of Ethics, Anti-Money Laundering, Bank Secrecy Act, information security, and suspicious activity reporting. The principal performs delegated reviews, prepares for and oversees the OSJ’s annual examination, conducts Annual Supervisory Reviews, addresses identified issues, and monitors completion of continuing education requirements. The role also acts as a liaison on supervision matters and may contribute to policy and procedure development through committees or special projects.

The role offers a hybrid/flexible schedule, with an in-office expectation of three or more days per week and flexibility to work outside the office location on other days. The stated pay range is $86,360 to $101,600; actual pay may vary by role location. U.S. Bank offers benefits subject to eligibility requirements.

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 requires three or more years of securities principal experience.
• A bachelor’s degree and/or progressive responsibilities in leadership is preferred.
• 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.
• Manage first-line supervision by monitoring associated persons’ compliance with firm and regulatory risk-management policies and regulations.
• Oversee requirements, policies, and procedures related to the U.S. Bank Code of Ethics, Anti-Money Laundering, Bank Secrecy Act, information security, and suspicious activity reporting.
• Complete required corporate and business-line training in applicable compliance areas; follow account-opening procedures and suspicious activity referral processes as required.
• 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.
• Execute Annual Supervisory Reviews for registered representatives, complete the review template, 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.
• Contribute input 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 laws, regulations, policies, and procedures appropriate to the position.

Benefits

• Medical, dental, and vision healthcare
• Basic term and optional term life insurance
• Short-term and long-term disability
• 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
• 401(k) contribution
• Pension

What This Job Offers

• Job Type: Full-time
• Career Level: Senior