Wealth Regional Supervisor Specialist Team Leader

Truist Bank • Richmond, VA

26d

About The Position

Purpose: Provide Leadership and Manage Supervision associates. Lead team of experienced advisory Divisional Supervisors tasked with supervisory oversight and monitoring of the firm's Investment Advisory business. Assist with escalated items as requested from the team and/or Management. Proactively engage partners within the firm to identify areas for improvement to processes and procedures. Ensure team is aware and understands all changes relating to compliance with industry rules, regulations as well as internal policies and procedures. Responsibility: Perform supervisory and managerial functions that are routinely associated with those of a retail broker/dealer and RIA.

Requirements

• FINRA Series 7, 24, 53 and 66 licenses (Series 9&10 can be used in lieu of 53. Series 63&65 can be used in lieu of Series 66)
• Life/Health and Variable Insurance Licensing
• 7 years related retail brokerage and/or investment advisory experience with an emphasis in Supervision/Compliance.
• Must have exceptional industry disciplinary history.
• Strong written and verbal communication skills with demonstrated ability present ideas effectively to a group.
• Solid decision-making and judgment capabilities.
• Sound investigative skills and ability to follow up and manage cases.
• Employee must have a thorough knowledge of retail brokerage and investment advisory industry rules, regulations and operations.
• Strong organizational skills and the ability to multi-task.
• Strong understanding of Human Resources.
• Strong team building skills.

Nice To Haves

• Bachelor’s degree in Finance or Business.
• Minimum 2 years of regulatory experience
• Experience with Envestnet, NFS/Wealthscape, Protegent/Prosurv platforms.

Responsibilities

• Manage a team of 4 - 10 Supervisors.
• Provide coaching and focused training for team as needs are identified.
• Supervisory responsibility for Investment Advisory accounts.
• Utilize multiple systems to ensure compliance with firm policies related to advisory account management.
• Focus on meeting all regulatory requirements pertaining to oversight.
• Principal Review of Alternative/Private Investment transactions.
• Manage ticket submission queue and related workflow.
• Ensure tickets submitted are being reviewed and reconciled prior to order period deadlines.
• Perform escalated review of complex transactions identified by the Supervision Team.
• Electronic Correspondence/Social Media Review of direct reports and as needed in support of the department.
• Effectively communicate policy and procedure changes to the team.
• Serve as Subject Matter Expert for policy changes.
• Assist with focused Book of Business reviews conducted by partners within the firm.
• Review Reg BI advisor documentation per current policies and procedures to ensure compliance with regulation.
• conduct ongoing advisory account reviews related to regulatory items.
• Serve as primary escalation point of contact for Principal Managers and Business Partners with regard to Supervisory activities.
• Participate in meetings and calls, representing the Supervision Team when discussing Policies, Products, Systems, and other items that impact the department and our processes.
• Serve as Supervision representative on firm initiatives.

Benefits

• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees