Supervisory Control Associate

Wells Fargo Bank•St Louis, MO

1d•Onsite

About The Position

Wells Fargo is seeking a Supervisory Control Associate to join the Central Supervision Unit as part of Wealth & Investment Management (WIM). In this role, you will perform analysis of findings and trends using statistical analysis and document processes, including Retirement Asset Movement Questionnaire (RAMQ) and related electronic communications. You will also perform basic or tactical ongoing regulatory, compliance and operational reviews related to recommendations and suitability for retirement accounts, moving assets as well as other duties related to best practices and opportunities for additional synergies to maximize efficiencies. You will receive direction from management and exercise independent judgment while developing an understanding of sales, retirement asset movement of Qualified Retirement Plan (QRP) to Individual Retirement Account (IRA) rollovers, electronic communications and ad hoc activities using various technological tools and reports to ensure that the activity is in compliance with all regulatory and firm policies. You will review trade corrections for Private Client Group (PCG), Wealth Brokerage Services (WBS) and Financial Network (FiNet). You will also identify and define business requirements and translate data and business needs into research and recommendations to improve operational efficiency, quality and compliance of sales, retirement assets, electronic communications and ad hoc activities. You will develop customized reports and ad hoc analyses to make recommendations and provide guidance, and understand compliance and risk management requirements for the supported area. You will ensure adherence to data management or data governance regulations and policies, participate in company initiatives or processes to assist in meeting risk and capital objectives and other strategic goals, and participate in all group technology efforts including design and implementation of database structures, analytics software, storage, and processing. You will support off channel communications processes and address questions as needed for WIM, and collaborate and consult with financial advisors, branch managers, supervisory principals as well as more experienced consultants and with partners in technology and other business groups.

Requirements

6+ months of Supervisory Control, Risk Management Consulting, Property or Casualty Insurance, Insurance Brokerage experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
US Only: Successfully completed Financial Industry Regulatory Authority (FINRA) Series 7 and 63 examinations (or FINRA recognized equivalents) sufficient to qualify for immediate FINRA registration

Nice To Haves

Conflict management and decision-making skills
Excellent verbal, written, and interpersonal communication skills
Basic Microsoft Office (Word, Excel, Outlook, and PowerPoint) skills
Ability to navigate multiple computer systems, applications, and utilize search tools to find information
Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
Ability to interact with all levels of branch associates and business units
Ability to exercise independent judgment to identify and resolve problems
Strong attention to detail and accuracy skills
FINRA registration including Series 66 (or FINRA recognized equivalents)
FINRA registration including Series 9/10 (or FINRA recognized equivalents)

Responsibilities

Perform analysis of findings and trends using statistical analysis and document processes, including Retirement Asset Movement Questionnaire (RAMQ) and related electronic communications and as needed
Perform basic or tactical ongoing regulatory, compliance and operational reviews related to recommendations and suitability for retirement accounts, moving assets as well as other duties related to best practices and opportunities for additional synergies to maximize efficiencies.
Receive direction from management and exercise independent judgment while developing an understanding of sales, retirement asset movement of Qualified Retirement Plan (QRP) to Individual Retirement Account (IRA) rollovers, electronic communications and ad hoc activities using various technological tools and reports to ensure that the activity is in compliance with all regulatory and firm policies
Review trade corrections for Private Client Group (PCG), Wealth Brokerage Services (WBS) and Financial Network (FiNet)
Identify and define business requirements and translate data and business needs into research and recommendations to improve operational efficiency, quality and compliance of sales, retirement assets, electronic communications and ad hoc activities
Develop customized reports and ad hoc analyses to make recommendations and provide guidance
Understand compliance and risk management requirements for supported area
Ensure adherence to data management or data governance regulations and policies
Participate in company initiatives or processes to assist in meeting risk and capital objectives and other strategic goals
Participate in all group technology efforts including design and implementation of database structures, analytics software, storage, and processing
Support off channel communications processes and address questions as needed for WIM
Collaborate and consult with financial advisors, branch managers, supervisory principals as well as more experienced consultants and with partners in technology and other business groups

Benefits

Wells Fargo will initiate the FINRA review process at the time of offer acceptance.
For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required.
Registration for FINRA Series 65 or 66 must be completed prior to conducting Investment Advisory business.
This role requires a FINRA supervisory license and may require working in the assigned office location for at least one year from the hire date.
Any supervisory role employee holding a FINRA supervisory license, who has answered affirmatively to certain Form U4 Section 14 regulatory questions/disclosures, will be ineligible to work from a location other than their assigned office location.
This position is subject to FINRA background screening requirements.
Candidates must successfully complete and pass a background check prior to hire.
In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer.
Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
This position is not eligible for Visa sponsorship.