Supervision Principal Ohio/Indiana

U.S. Bank; Cincinnati (OH); Hybrid; USD 86,000 - 102,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Paid vacation

11 paid holidays

Adoption assistance

Sick and Safe Leave

Job summary

U.S. Bank is seeking a Senior Supervisory professional to lead the OSJ Market team. The role focuses on ensuring adherence to WSPs, coaching staff on risk controls, and coordinating annual examinations. You will work with Market Leader and CP to align supervision with FINRA and regulatory standards.

The position offers a hybrid schedule with a mix of in-office and remote work, and requires extensive experience in financial services, licenses, and strong leadership in sales supervision.

Qualifications

• Bachelor's degree or equivalent work experience.
• Five+ years in financial services.
• Three to five years of sales supervision experience.
• FINRA Series 7, 24, 53, 63 and 65/66 licenses, and State Insurance license.

Responsibilities

• Oversee supervisory activities ensuring adherence to WSPs.
• Monitor associated persons' compliance with risk management policies.
• Provide training on ethics, AML and regulatory requirements; conduct reviews.
• Oversee OSJ annual examination process and ASeRs, presenting actions to rectify issues.
• Collaborate with Market Leader, Region Administration Leader and CP on supervision matters.

Skills

Sales supervision

Regulatory compliance

Cross-functional collaboration

Education

Bachelor's degree or equivalent work experience

FINRA licenses and State Insurance license (7/24/53/63/65/66)

Tools

WealthStation

Protegent

Microsoft Office Suite

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

GENERAL SUMMARY

Manages delegated sales supervision for the Office of Supervisory Jurisdiction (OSJ) Market Leader (ML), Wealth Management Advisor (Advisor), and Wealth Management Associate (Associate). Responsibilities include duties aimed at securing adherence to the Firm’s Written Supervisory Procedures (WSPs), including coaching and training of the associated persons assigned to their OSJ.

ESSENTIAL FUNCTIONS

Works in partnership with the other Market Leaders, Market Leader (ML), Region Administration Leader (RAL) and Central Principal (CP), on the assigned market’s adherence to FINRA, SEC, MSRB, OCC, and internal compliance policies.

Manages first line supervision by monitoring associated persons’ compliance with firm and regulatory risk management policies and regulations.

Provides oversight of the U.S. Bank Code of Ethics and all Anti-Money Laundering, Bank Secrecy Act, information security and suspicious activity reporting requirements, policies and procedures. Actively participates in any required corporate and business line training in these areas. Follows account opening procedures and understands and follows internal suspicious activity referral requirements and processes, as required for this position. Actively works with customers to understand each customer's normal account activity, as appropriate for this position. Partners with the Market Leader to assure adherence to FINRA, SEC, MSRB, OCC and internal compliance policies.

Performs delegated supervisory functions including but not limited to reviewing correspondence, monthly client calls, transaction reviews.

Prepares for and oversees the Office of Supervisory Jurisdiction’s (OSJ) annual examination process. Executes Annual Supervisory Reviews (ASeRs) on all registered representatives per firm policies. Completes ASeR template and presents actions necessary to rectify all identified issues. Identifies needs and delivers supervision and compliance training to their associated persons’ either in a targeted or market-wide basis. Monitors for completion of firm and regulator continuing education requirements such as Firm Element, regulatory CE, etc. Acts as a liaison between the assigned market and other departments on supervision related matters.

Provides input to influence departmental policy and procedures through participation in committees or on special projects as assigned by the Supervision Manager (SM).

It is the individual responsibility of every employee to maintain a current awareness and understanding of and to fully comply with U.S. Bancorp’s “Code of Ethics”. Each employee is also expected to maintain an awareness of the laws, regulations, internal policies and procedures that are appropriate for his/her position.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Five or more years of experience in financial services industry
• Three to five years of sales supervision experience
• FINRA Series 7, 24, 53, 63 and 65/66 licenses, and State Insurance license

Preferred Qualifications

Typically requires three years or more of securities principal experience, and a Bachelor’s degree and/or progressive responsibilities in leadership is preferred. Must possess FINRA Series 7, 24, (or 9/10), and 63 or 66, and possess or have the ability to secure 53, 65 if required and state insurance license. Excellent knowledge of Microsoft Office suite and e-mail applications. Previous experience with supervisory systems such as WealthStation, Protegent and other applicable software applications is preferred.

The role offers a hybrid/flexible schedule, which means there's an in-office expectation of 3 or more days per week and the flexibility to work outside the office location for the other days.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $86,360.00 - $101,600.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

Posting may be closed earlier due to high volume of applicants.