Trade Review Supervisor- Annuity

Stifel Financial Corp.; St. Louis (MO); On-site; USD 80,000 - 100,000; Full time

Benefits offered by this job

Health, dental and vision care

401k

Life insurance

Paid time off

Job summary

A major financial services firm is seeking a Trade Review Supervisor to ensure compliance by reviewing annuity transactions. The role involves training new analysts and working with various departments. Ideal candidates hold a Bachelor's in Finance and have over 5 years in the financial industry. Join a dynamic team committed to client success in St. Louis.

Qualifications

• 5+ years of experience in the financial industry.
• Knowledge of Stifel’s Policies and Procedures and industry regulations.

Responsibilities

• Ensure conformance to Stifel Policy through review of transactions.
• Train and mentor new Trade Review Analysts.
• Resolve special situations or trade issues.

Skills

Insurance transactions review

Trade documentation accuracy

Training and mentoring

Collaboration with compliance officers

Data validation

Education

Bachelor's degree in Finance or related field

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Microsoft Outlook

Job description

Overview

Join to apply for the Trade Review Supervisor- Annuity role at Stifel Financial Corp.

What You'll Be Doing

The Trade Review Supervisor ensures conformance to Stifel Policy and Procedures through activities such as, but not limited to, reviewing suitability and best interests of all Annuity transactions types, working closely with Financial Advisors and Branch Managers to correct trade details/descriptions for transactions that likely conform to firm policies and procedures, but do not appear that way based on initial trade details. Executing authority to cancel transactions until an order is deemed to comply. This individual assists in training Trade Review Analysts, Associates and Sr Analysts, and serves as a liaison with the branches, Compliance, Marketing, Operations and Trade Review team. The Analyst assists the Manager, in all aspects of their job as well escalated decision making concerning individual transactions and supervision functions in general.

What We\'re Looking For

• Review and approve insurance transactions by comparing the clients\' existing portfolio and financial objectives with the knowledge of how the specific product(s) work(s).
• Review and approve trade documentation for completeness and accuracy, comparing elements to product specifications.
• Serve as an authorized individual, in addition to or in the absence of the Trade Review Manager, to review, address and/or resolve special situations, issues or trades.
• Train and mentor new Trade Review Analysts and Sr Analysts on trade review functions, Stifel\'s Policies and Procedures, and industry regulations. Serves as a coach by providing guidance and assistance.
• Collaborate with the Insurance Compliance Officer on trade review processes, product details, and specific transactions.
• Collaborate with the Licensing/Registration and Insurance Operations Departments on a daily basis.
• Coordinate objections for delayed or cancelled transactions and adequately explains such situations to department manager or senior management.
• Provide subject matter expertise to FAs and Sales Assistants related to paperwork requirements, submission process and uploading of requests to the Insurance Database.
• Ensure completeness and consistency in the validation of the data on transactions.

Education & Experience

• Minimum Required: Bachelor\'s degree in Finance or related field
• Minimum Required: 5+ years\' of experience working in financial industry

Licenses & Credentials

• Minimum Required: Series 7, 9, 10, 63, 24, 9 & 10, and Resident State Insurance License (Life and Health)

Systems & Technology

• Proficient in Microsoft Excel, Word, PowerPoint, Outlook

About Stifel

Stifel is more than 130 years old and still thinking like a start-up. We are a global wealth management and investment banking firm serious about innovation and fresh ideas. Built on a simple premise of safeguarding our clients’ money as if it were our own, coined by our namesake, Herman Stifel, our success is intimately tied to our commitment to helping families, companies, and municipalities find their own success. While our headquarters is in St. Louis, we have offices in New York, San Francisco, Baltimore, London, Frankfurt, Toronto, and more than 400 other locations. Stifel is home to approximately 9,000 individuals who are currently building their careers as financial advisors, research analysts, project managers, marketing specialists, developers, bankers, operations associates, among hundreds more. Let’s talk about how you can find your place here at Stifel, where success meets success. At Stifel we offer an entrepreneurial environment, comprehensive benefits package to include health, dental and vision care, 401k, wellness initiatives, life insurance, and paid time off. Stifel is an Equal Opportunity Employer.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Management and Manufacturing