Broker Dealer Supervising Principal

SFA Partners; Atlanta (GA); On-site; USD 80,000 - 110,000; Full time

Job summary

A financial services firm in Atlanta seeks an experienced compliance and supervision professional to report to the Chief Supervisory Officer. The role includes supervising OSJ managers, reviewing trade activity, and ensuring compliance with regulations. Candidates should have over 5 years in broker-dealer supervision, knowledge of investment products, and hold Series 7 and 24 certifications. Strong communication and analytical skills are essential for this fast-paced environment. Opportunities for travel may be involved.

Qualifications

• 5+ years’ experience in broker-dealer and/or investment adviser supervision or similar role.
• Knowledge of retail brokerage business and common investment products.
• Series 7 and Series 24 required.

Responsibilities

• Review common risk and regulatory issues and approve business conducted by OSJ managers.
• Supervisory review of trade blotters and new accounts.
• Conduct branch office examinations as needed.

Skills

Broker-dealer supervision experience

Investment adviser supervision experience

Strong verbal and written communications skills

Analytical skills

Proficient in Microsoft Office

Knowledge of FINRA Rules

Tools

Microsoft Office

Job description

Experienced compliance and supervision professional reporting to the Chief Supervisory Officer (CSO) to provide supervision and compliance services to (1) the Strategic Financial Alliance, Inc. (SFA) OSJ Managers and financial advisors assigned to home office OSJ and (2) Financial advisors who are advisory representatives of Strategic Blueprint, LLC. Will also participate with the Supervision and Compliance teams in general compliance functions, which may include development of procedures and training, surveillance, and special projects.

Essential Functions

1. Review for common risk and regulatory issues and approve business conducted by OSJ managers
2. Supervisory review of trade blotters
3. Supervisory review of new accounts and material account changes
4. Supervisory review of managed accounts
5. Supervisory review of advisory agreements and their implementation
6. Review of certain activities of financial advisors associated with independent investment advisers, including their managed accounts held away
7. Some supervisory review of email correspondence (Global Relay/App River)
8. Work with supervisees to address suitability concerns and to educate on processes and procedures
9. Work with Compliance to address communications, complaints, and other deficiencies
10. Assist in development of Firm Element Continuing Education program and compliance training through on-going assessment of training needs and issues, reviewing RegEd courses, and developing OSJ compliance communications
11. Review quarterly statements supervisees’ personal securities accounts and monitor for conflicts
12. Facilitate timely completions of annual compliance requirements (Firm Element, Code of Ethics, OBA disclosures, and Annual Compliance Questionnaires)
13. Conduct branch office examinations, as needed
14. Maintain an ongoing positive relationship with all financial advisors in collaboration with the Chief Supervisory Officer
15. Promote efficiencies and cooperation across all departments
16. Promote the goals and culture of the firm in serving the independent financial advisor in a compliant, professional, and user-friendly manner
17. Other duties and responsibilities as may be assigned

Qualifications

Required:

• Position requires 5+ years’ experience in broker-dealer and/or investment adviser supervision or similar role
• Knowledge of the retail brokerage business and common investment products including mutual funds, variable annuities, alternative investments, stocks, and bonds
• Series 7 and Series 24
• Strong verbal and written communications skills
• Ability to analyze large amounts of trade data and to think through complex compliance issues
• Proficiency with Microsoft Office products (Word, Excel, PowerPoint)
• Ability to travel to advisor offices and/or conferences
• Must be detail-oriented, investigative and have the ability to handle a high volume of work independently in a dynamic environment
• Knowledge of FINRA Rules and Rules under Investment Advisers Act

Preferred:

1. Experience supervising Registered Investment Adviser Representatives