J.P. Morgan Wealth Management - Vice President - Supervisory Manager - New York, NY

JPMorgan Chase & Co. • New York, NY

3d • $125,000 - $200,000

About The Position

As a Supervisory Manager in Chase Wealth Management, you will provide leadership and operational expertise while performing designated supervisory duties for a territory of Financial Advisors. You will manage complex, high-risk escalations from end to end and conduct outreach to executive-level stakeholders. The role oversees account and Advisor book reviews, identifies and escalates risks, and helps ensure the team performs high-quality work in a changing regulatory environment. It also includes developing staff expertise and supervising staff performance, mentoring, evaluations, and hiring-related activities.

Requirements

• At least 5 years of experience in a principal capacity and 2 years of experience in securities investment industry supervision, compliance, or risk in retail investments.
• Proficient knowledge of regulations, Regulation Best Interest (BI) requirements, fiduciary oversight, and financial planning strategies.
• Eagerness to engage directly with clients and Advisors.
• FINRA Series 7 and one or more of the following: FINRA Series 66 (or Series 63/65), Series 9/10 (or Series 4, 24, or 53), and an appropriate State Life & Health Insurance license. Additional licensing requirements must be met within 120 days of hire.
• Competent knowledge of relevant securities rules, regulations, guidelines, securities products, and industry practices.
• Strong critical-thinking, analytical research, and quantitative skills, with the ability to resolve issues clearly, concisely, and promptly.
• Excellent written and verbal communication skills, including the ability to communicate with all levels of management.
• Exceptional time management, risk analysis, judgment, problem-resolution, and decision-making skills.
• Ability to understand new investment products, Advisor/Banker compensation plans, and firm-wide policies and procedures to conduct reviews.
• Ability to build relationships across business functions to obtain information needed for reviews.
• Ability to travel 50% of the time.

Nice To Haves

• Bachelor’s degree preferred.
• Experience as a Supervisory or Compliance professional preferred.
• Advanced knowledge of FINRA, MSRB, and SEC rules and regulations.
• Experience working alongside Advisors preferred.

Responsibilities

• Monitor and analyze active account and book reviews, as well as staff productivity.
• Identify issues, risks, and exposures, and engage senior leadership to address them.
• Ensure the team understands its responsibilities and performs high-quality work while adapting to regulatory changes.
• Understand the system logic used for risk-based reviews and refine rules based on prior findings.
• Review, draft, or update desktop procedures and communicate changes to team members.
• Develop subject matter expertise in securities rules and regulations through learning, research, and training.
• Implement account reviews to monitor the ongoing suitability of investments and activities in client accounts.
• Conduct Advisor book reviews to identify trends or patterns that may require further review and affect multiple customers.
• Identify and escalate potential issues to appropriate parties for further action.
• Collaborate with the Sales Practice Review team to escalate potential issues to the Disciplinary Action Forum.
• Supervise staff development and mentoring; assess performance; prepare and deliver performance evaluations; and participate in recruiting, interviewing, retention, and recommending pay actions.

Benefits

• Competitive total rewards package, including base salary and, for eligible roles, commission-based pay and/or discretionary incentive compensation in cash and/or forfeitable equity.
• Comprehensive health care coverage.
• On-site health and wellness centers.
• Retirement savings plan.
• Backup childcare.
• Tuition reimbursement.
• Mental health support.
• Financial coaching.
• Reasonable accommodations for religious practices and beliefs, as well as mental health or physical disability needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed