The Director of Supervision supports the Managing Partner in shaping the culture of the office. This role will develop the supervision strategy for the office but will also be influential in developing the network office strategies based on the corporate and local visions. As a key member of the leadership team you will be a credible and trusted advisor to representatives and other leaders. The Director of Supervision is responsible for interpreting data and developing strategic metrics to drive outcomes and mitigate risk.
Duties of the role include the following:
Collaborates with other leaders and integrates compliance into other business functions
Work as a member of the leadership team to determine the strategic direction of compliance and other business priorities
Partner with other members of executive leadership team to translate vision into action and drive toward desired outcomes
Desire to lead the strategic execution of the Network Office compliance and supervision program
Interpreting data and developing strategic metrics to drive outcomes and mitigate risk
Perform review and supervision of multiple systems, including, but not limited to, flagged email and social media correspondence, transaction/trend supervision, and compliance monitoring systems
Potential to complete on-site inspections, client file reviews, and compliance related interviews of Financial Representatives and their staff
Oversight and maintenance of books and records for the Offices of Supervisory Jurisdiction, Registered Branch Offices and other field locations as required by FINRA
Maintain a strong presence in the network office to influence multiple dimensions of culture through consultative work with other members of the Supervision team, as well as Financial Representatives and their field staff
Develop, manage, and monitor supervisory plans to address non-standard behavior or to address sales practice concerns
Execute proactive training as needed for Financial Representatives and staff on compliance, regulatory, or related topics
Lead Persistency strategy to include proactive training and partnership with development teams.
Knowledge, Skills, Abilities:
Active and valid FINRA Series 7, 9/10 and 63 registrations are required
Active and valid FINRA Series 7, 24, 4, 53, and 63 may be considered in lieu of S7, 9/10, and 63
Active Life/Health licenses, or the ability to obtain within 3 months
4 years of industry experience with an emphasis in compliance/supervision
Extensive working knowledge of standard industry and regulatory policies and procedures
Ability to execute on high level business strategies and outcomes
Strong ability to handle highly sensitive communications and deliver feedback and difficult messages
Ability to delegate workload, develop support, and supervise a team (if needed)
Highly detailed and data-oriented with solid critical thinking, organizational and analytical skills
Profound decision-making skills; ability to use a mixture of analysis, experience, and judgment to assess risk, navigate ambiguity, and arrive at a conclusion or recommendation
Ability to identify issues, trends, and potential sales practice issues with the purpose of escalating or addressing them
Strong relationship management skills with ability to deepen relationships and build partnerships across key functional areas
Strong business acumen
Approachable and skilled in listening, partnering, and advocating with empathy
Highly evolved communication and presentation skills across audiences and mediums
Orientation toward working independently and prioritizing work effectively with minimal guidance
Strong ability to work effectively with people at all levels in an organization and influence change with interpersonal savvy
Ability to adapt quickly to the impacts of regulatory changes, environmental factors, or other miscellaneous policy or process changes