Wealth Regional Supervisor

Truist • Charlotte, NC

85d

About The Position

The position aims to mitigate risk for the firm from financial, reputation, and regulatory items by ensuring that the advisors, OSJs, and/or branch offices are in compliance with industry rules, regulations, as well as internal policies and procedures. The role involves performing supervisory functions that are 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 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.

Responsibilities

• 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.

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment.
• Tax-preferred savings accounts.
• 401k plan.
• No less than 10 days of vacation during the first year of employment.
• 10 sick days.
• Paid holidays.
• Defined benefit pension plan, restricted stock units, and/or a deferred compensation plan may be available.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees