Supervisory Control Associate

Wells Fargo Bank•Charlotte, NC

About The Position

Wells Fargo Advisors (WFA) is seeking a Supervisory Control Associate to join its Managed Account Documentation Unit (MADU). The role is responsible for compliance supervision of suitability for new accounts opened by Private Client Group (PCG) and Wealth Brokerage Services (WBS) producing Branch Managers and Financial Advisors. The associate conducts compliance, supervision, control, administration, and technology reviews; supports risk processes and projects; identifies and resolves issues; and performs regulatory, compliance, and operational reviews. The role uses technological tools and reports to assess sales activity for compliance with regulatory requirements and firm policies, and collaborates with financial advisors, branch managers, supervisory principals, and Market Administration Management. This position requires a FINRA supervisory license and may require working from the assigned office location for at least one year from the hire date. Registration for FINRA Series 9/10 and 65 (or 66), if not immediately transferable, must be completed within a 90- or 180-day period depending on the number of licenses needed. Appropriate FINRA licenses must be obtained and maintained, and state registration and licensing requirements must be met. Additional requirements include enhanced financial fitness and criminal background standards, FINRA background screening, and ongoing regulatory obligations. The position is not eligible for visa sponsorship. The listed job locations are Charlotte, North Carolina; Saint Louis, Missouri; Irving, Texas; and Minneapolis, Minnesota. The base salary range is $68,000–$114,000 annually, with the range dependent on job location; Minneapolis is listed at $75,000–$114,000. Employees may also be eligible for incentive opportunities. Wells Fargo offers eligible employees a comprehensive benefits package.

Requirements

At least 6 months of experience in Supervisory Control, Risk Management Consulting, Property or Casualty Insurance, Insurance Brokerage, or equivalent demonstrated through work experience, training, military experience, or education.
US applicants: Successfully completed FINRA Series 7 and 63 examinations, or FINRA-recognized equivalents, sufficient to qualify for immediate FINRA registration.
Obtain and maintain appropriate FINRA license(s) for ongoing employment; meet applicable state registration and licensing requirements.
Meet enhanced financial fitness and criminal background standards, pass required background screening, and comply with ongoing regulatory obligations.
Complete required FINRA Series 9/10 and 65 (or 66) registration within the stated 90- or 180-day period if the licenses are not immediately available to transfer upon hire.
Meet any applicable Securities Industry Essentials (SIE) co-requisite requirements for specific qualification exams obtained after September 30, 2018.

Nice To Haves

Strong analytical skills, including strategic data analysis, diagnosing opportunities, and providing interventions.
Solid conflict-management and decision-making skills.
Excellent verbal, written, and interpersonal communication skills.
Ability to work independently while balancing multiple projects.
Flexibility to adjust plans quickly to changing business needs.
Intermediate Microsoft Office skills, including Word, Excel, and Outlook.
Ability to exercise independent judgment and creative problem-solving techniques.
Ability to interact with all levels of branch associates and business units, including managers and advisors.
FINRA registration including Series 66, or FINRA-recognized equivalents.
FINRA registration including Series 9/10, or FINRA-recognized equivalents.

Responsibilities

Participate in or conduct compliance, supervision, control, administration, and technology reviews.
Design risk processes and provide project management support.
Identify issues and provide resolution within Insurance or Private Client Groups.
Perform basic or tactical ongoing regulatory, compliance, and operational reviews, along with duties related to best practices and opportunities to improve efficiencies.
Use technological tools and reports to understand sales activities and ensure compliance with regulatory and firm policies.
Collaborate and consult with financial advisors, branch managers, supervisory principals, and Market Administration Management.
Fulfill applicable risk-program obligations, follow Wells Fargo policies and procedures, and escalate and remediate issues appropriately.