Wealth Regional Supervisor

Truist Bank•Charlotte, NC

2d•Onsite

About The Position

The Wealth Regional Supervisor position is responsible for mitigating risk for the firm from financial, reputation, and regulatory items by ensuring that advisors, OSJs, and/or branch offices are in compliance with industry rules, regulations, as well as internal policies and procedures. This role performs supervisory functions routinely associated with those of a retail broker/dealer.

Requirements

FINRA Series 7, 24, 53, and 66 licenses (Series 63&65 can be used in lieu of Series 66)
Life/Health and Variable Insurance Licensing
5 or more 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 are also required.

Nice To Haves

Bachelor's degree in Finance or Business.
7 or more years of regulatory, compliance or supervisory experience

Responsibilities

Perform supervisory functions that are routinely associated with those of a retail broker/dealer.
Supervisory responsibility for Broker Dealer activity including Securities Trading and Annuity Principal Review and Approval. Utilize multiple systems to ensure suitability and required documentation has been met. Focus on meeting all regulatory requirements pertaining to transaction review. Perform a holistic view of overall transaction and escalate complex matters to Team Lead and/or Divisional Sales Management.
Review of Electronic Correspondence/Social Media Review to ensure compliance with Regulatory requirements as well as current firm policy.
Implement and enforce internal compliance related procedures, training and identification of potential harmful trends, sales practice patterns, conflicts of interest or issues that potentially pose a risk to the firm.
Provide regular updates and communication with advisors, Sales Managers, Team Lead and Business Partners to keep abreast of observations, trends and policy oversights.
Primary approval of advisor Regulation Best Interest documentation as it pertains to trigger events assigned for review by the Central Supervision Group.
Review and approve Retail Communications, Seminars and Speaking Engagement requests to ensure regulatory requirements are met which includes but not limited to proper disclosures, fair and balanced communication, adherence to Intellectual Property and Copyright requirements.