Wealth Regional Supervisor

Truist Bank•Atlanta, GA

2d•Onsite

About The Position

The Wealth Regional Supervisor position is responsible for mitigating risks for the firm from financial, reputational, and regulatory aspects. This involves ensuring that advisors, OSJs, and/or branch offices comply with industry rules, regulations, and internal policies and procedures. The role performs supervisory functions typically associated with 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 to present ideas effectively to a group.
Solid decision-making and judgment capabilities.
Sound investigative skills and ability to follow up and manage cases.
Thorough knowledge of retail brokerage and investment advisory industry rules, regulations, and operations.
Strong organizational skills and the ability to multi-task.

Nice To Haves

Bachelor's degree in Finance or Business.
7 or more years of regulatory, compliance or supervisory experience
FINRA Series 4

Responsibilities

Perform supervisory functions routinely associated with those of a retail broker/dealer.
Provide supervisory responsibility for Broker Dealer activity including Securities Trading and Annuity Principal Review and Approval, utilizing multiple systems to ensure suitability and required documentation.
Focus on meeting all regulatory requirements pertaining to transaction review and perform a holistic view of overall transactions, escalating complex matters as needed.
Review Electronic Correspondence/Social Media to ensure compliance with Regulatory requirements and 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 pose a risk to the firm.
Provide regular updates and communication with advisors, Sales Managers, Team Lead, and Business Partners regarding observations, trends, and policy oversights.
Provide 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, including proper disclosures, fair and balanced communication, and adherence to Intellectual Property and Copyright requirements.