Field Supervision Principal
Full Time
The Opportunity: Field Supervision Principal
Summary
The Field Supervision Principal (FSP) is a first line supervisor for assigned Equity Services, Inc. (ESI) Registered Representatives (RR), Investment Advisor Representatives (IAR) and Non-Registered Fingerprinted (NRF) staff throughout the country. This position is responsible for maintaining ongoing relationships with assigned personnel to educate, guide and support their compliance responsibilities. The FSP will serve as the supervisory point of contact for operational procedures to help ensure compliance with all applicable Equity Services, Inc. and industry requirements.
Key Responsibilities
The FSP will have responsibility for providing day to day supervision, including:
- Maintenance of required Field Office of Supervisory Jurisdiction (OSJ) books and records
- Training based on Registered Representative's business needs and opportunities
- Proactive communication of all applicable ESI and industry requirements
- On-site supervisory office inspections of assigned ESI branch offices/non-branch locations as prescribed, with follow up and resolution of audit findings
- Regular interaction with RRs to proactively address potential compliance issues and minimize risk
- Investigation of potential compliance or sales practice issues, taking appropriate corrective action as needed in collaboration with Compliance and other internal business units
- Acting as a conduit of information between Home Office and field members to problem solve
- Vetting of new recruits, including supervisor review and sign off on related licensing and registration paperwork, and compliance and regulatory reporting requirements such as branch office disclosure, office sharing arrangements, outside business activities, etc.
- Principal review and sign off for all assigned supervisory reviews such as weekly blotter and correspondence, retail communications, seminars and public speaking events, gifts, incentives, etc.
- Other supervisory responsibilities as assigned
The FSP will also serve as the first line operational contact for RRs, providing support that may include:
- Business submission requirements and workflow best practices
- Approved Firm technology tools, platforms and requirements
- Ability to implement and enforce regulatory and supervisory-based decisions
- Proactive collaboration and service-based responses for escalated items
Requirements
- Bachelor’s degree or an equivalent combination of relevant field experience
- Knowledge of insurance and annuities, mutual funds, general securities and other investment products, markets, and distribution required, previous experience with insurance affiliated entities a plus
- Minimum 3 years of direct broker dealer supervisory experience required, investment advisory and/or compliance experience a plus.
- FINRA Series 7 & 24 (or Series 9/10) required, Series 53 a plus
- Strong oral and written communication skills to effectively communicate with field and home office at all organizational levels
- Strong presentation skills
- Detail oriented with demonstrated project management skills
- Ability to work independently, manage multiple priorities, and meet deadlines in a fast-paced environment
- Experience with all Microsoft applications, particularly Word, Outlook, Excel, PowerPoint; knowledge of social media platforms a plus
- Ability to travel 25-30% of the time
The base compensation range represents the low and high end of the range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to qualifications, skills, competencies, location, and experience. The range listed is just one component of our total compensation package for employees.
Other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position. National Life offers a competitive total rewards package which includes: a 401(k) retirement plan match; medical, dental, and vision insurance; a company funded wellness account for director and below employees; 10 paid holidays; a generous paid time off plan (22 days of combined time-off for non-exempt employees and exempt employees have discretion in managing their time, including scheduling time off in the normal course of business, but in no event will exempt employees receive less sick time than required by state or local law); 6 weeks of paid parental leave; and 6 weeks of paid family leave after a year of full-time employment.
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
National Life Group
1 National Life Dr
Montpelier, VT 05604
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