Director of Supervision, Risk, & Compliance

Northwestern Mutual; Florham Park (NJ); Vor Ort; USD 150.000 - 210.000; Vollzeit

Zusammenfassung

Northwestern Mutual seeks a Director of Supervision to guide the office culture of compliance and lead risk management initiatives. You will shape supervision strategies, evaluate risk, and provide trusted guidance to Financial Representatives and staff.

You will collaborate with leadership to implement effective regulatory practices, review systems, and drive improvements across multiple locations, including travel for audits and inspections.

Qualifikationen

• Active and valid FINRA registrations required.
• Life/Health licenses or ability to obtain within 3 months.
• 5+ years in compliance/supervision.
• Strong knowledge of regulatory policies and procedures.
• Experience with risk management and supervisory programs.

Aufgaben

• Perform review and supervision of systems including email, social media, transactions and monitoring.
• Complete on-site inspections, client file reviews, and compliance-related interviews; travel to other branches.
• Maintain books and records for FINRA-regulated offices and locations.
• Provide consultative advice on risk management, regulatory changes, policies, and documentation requirements.
• Develop supervisory plans addressing non-standard behavior or sales practice concerns.
• Help set the strategic direction of the Local Network Office compliance program.
• Train Financial Representatives and staff on compliance topics.

Kenntnisse

Regulatory risk management

Compliance leadership

Desicion-making

Analytical thinking

Attention to detail

Strong communication

Team collaboration

Ausbildung

FINRA Series 7, 9/10 and 63 registrations

FINRA Series 7, 24, 4, 53, and 63 registrations

Life/Health licenses or ability to obtain in 3 months

Jobbeschreibung

For over 165 years, we have helped our clients spend their lives living through comprehensive and innovative financial planning. We combine the expertise of our financial professionals with personalized digital experience and industry-leading products to give our clients the ability to successfully navigate their financial lives.

Our tailored approach includes multiple financial strategies—insurance, investments, and annuities—built to reinforce each other, keeping our clients consistently on track to meet goal after goal. We lead with unmatched financial strength and access to the best products and services for our clients.

Our Financial Representatives are valued partners and proud business owners. As such, they are considered independent contractors for income tax purposes, and a statutory employee for Federal Insurance Contributions Act (FICA) tax purposes.

As a company, we value an inclusive and belonging workplace where everyone’s unique viewpoints bring new successes. We strive to create teams that reflect our customers and communities, fostering an environment where all employees are welcomed, valued, and heard.

Overview:

The Director of Supervision supports the Managing Partner in shaping the culture of compliance in the office. You’ll be responsible for developing the supervision strategy and risk management approach for the office. You’ll be a member of the leadership team and will be a trusted compliance advisor to representatives within the office. You’ll draw from personal experiences to inform your work, evaluate risk, and anticipate needs of the office. Finally, you’ll bring an enthusiasm for new ways of working, an eye for efficiency, and an ability to motivate and lead others.

Responsibilities:

• Perform review and supervision of multiple systems, including, but not limited to, flagged email and social media correspondence, transaction/trend supervision, NCI, and compliance other monitoring systems
• Complete on-site inspections, client file reviews, and compliance related interviews of Financial Representatives and their staff. Travel required to other branch offices and OFH locations.
• Maintain books and records for the Offices of Supervisory Jurisdiction, Registered Branch Offices and other field locations as required by FINRA
• Provide a consultative and advisory role to Financial Representatives and field staff, related to risk management, regulatory change, policies and procedures, and documentation requirements
• Develop supervisory plans to address non-standard behavior or to address sales practice concerns
• Help set the strategic direction of the Local Network Office compliance program
• Train Financial Representatives and staff on compliance, regulatory, or related topics

Qualifications:

• 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.
• 5+ years of industry experience with an emphasis in compliance/supervision
• Strong working knowledge of standard industry and regulatory policies and procedures
• Sound decision-making skills; ability to use a mixture of analysis, experience, and judgment to arrive at a conclusion or recommendation
• Ability to identify issues, trends, and potential sales practices issues with the purpose of escalating or addressing them
• Highly detailed and data-oriented with solid critical thinking, organizational and analytical skills.
• Ability to prioritize workload and seek support when appropriate, as well as work within a larger team.
• Strong written and oral communication skills
• Experience handling highly sensitive communications