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SalaryWhat You'll Do:
Salary Range Information: Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salary Range: $95200 - $182400 / year Time Off Program: Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided. Additional Information:
This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA or Charlotte, NC). You’ll work with your leader to figure out which option may align best based on several factors.
Principal is searching for a Field Supervisor - Remote or Hybrid. You'll be providing leadership in support of key business objectives and initiatives; oversight and monitoring of insurance contracted, securities registered representatives and investment adviser representatives affiliated with the Principal Securities, Inc. You'll also implement PSI’s Broker-Dealer and RIA supervision, surveillance, and monitoring activities as well as identify any potential supervision gaps and remediate them appropriately. Communication and relationship management are key in this role with PSI’s affiliated managers and financial professionals!
Here's how you will spend your day:
- Direct and lead Field Supervisors for an assigned territory(ies) that are charged with oversight and monitoring of the field and home office supervision program. You'll be the main contact in the Supervision Department for the field, field leaders and as the critical issue point for customer complaints or business conduct.
- Review Monthly Compliance/Correspondence Report (MCR) and the paperwork associated with the MCR such as check logs, trade blotters, gift logs, entertainment logs, and hard copy correspondence.
- Perform email review on behalf of assigned field leaders. Perform initial review of Outside Business Activities (OBA) and Doing Business As (DBA) disclosures from advisors and advertising/marketing material submissions. Conduct quarterly social media review and monitoring. Assist with exception reports and quarterly surveillance reports.
- Establish trusted relationships with field leaders, advisors, and key business partners. Become a resource for advisors and management. Meet regularly with field leaders and provide appropriate reports documenting found issues, concerns, and ongoing efforts to resolve outstanding issues.
- Communicate and implement Principal Securities, Inc. Broker-Dealer and RIA supervision, surveillance, and monitoring activities.
- Provide ongoing individualized compliance coaching and guidance to advisors and be available for questions. Provide training and education to advisors and leaders, using materials and information approved by the home office during office meetings and in small groups as requested.
- Assist the field offices, leaders and Principal Securities, Inc. and Principal Life Insurance, Inc. Product and Distribution Compliance with regulatory exams and branch exams. Coordinate information regarding exams, inquiries, audits, complaints, and other compliance related matters. Investigate, document, and help field leaders resolve concerns related to internal audit findings, exception/surveillance reporting, regulatory exams and inquiries.
Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!
Who You Are:- 8+ years of financial services industry experience with roles in Broker-Dealer/RIA supervision, compliance, or risk management.
- Securities licenses: FINRA Series 7, 24, 53, and 66 (63+65).
- 2 years+ informal or formal leadership experience.
- General knowledge of public and privately traded securities and managed account platforms.
- Regulatory knowledge of Investment Adviser’s Act of 1940 and FINRA regulations.
- Teammate who possesses great initiative, flexibility, judgment and provides indispensable service.
- Able to work in a team environment and support other colleagues as needed.
- Able to prioritize and handle several tasks/deadlines simultaneously and be able to change priorities gracefully.
- Business travel as needed, up to 5%.
- Superior written and verbal communication and public speaking skills.
- Exceptional ability to complete tasks with minimal direct supervision.
- Strong command of all Microsoft Office applications.
Skills That Will Help You Stand Out
- Ability to manage through Fidelity WealthScape and Sunguard Protegent
- FINRA 4 and Life & Health insurance licenses will be required in the future.
- Project management experience.
Salary Range Information: Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. Salary Range: $95200 - $182400 / year Time Off Program: Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided. Additional Information:
Location
This role offers in-office, hybrid (blending at least three office days in a typical workweek), and remote work arrangements (only if residing more than 30 miles from Des Moines, IA or Charlotte, NC). You’ll work with your leader to figure out which option may align best based on several factors.
Work Authorization/Sponsorship
At this time, we're not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED TO: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc. For additional information around work authorization needs please use the following links.
Nonimmigrant Workers and Green Card for Employment-Based Immigrants
Investment Code of Ethics
For Principal Global Investors positions, you’ll need to follow an Investment Code of Ethics related to personal and business conduct as well as personal trading activities for you and members of your household. These same requirements may also apply to other positions across the organization
Experience Principal
At Principal, we value connecting on both a personal and professional level. Together, we’re envisioning a more purpose-led future for financial services – and that starts with you. Our success depends on the unique experiences, backgrounds, and talents of our employees. And we support our employees the same way we support our customers: with comprehensive, competitive benefit offerings crafted to protect their physical, financial, and social well-being. Check out our careers site to learn more about our purpose, values and benefits.
Principal is an Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
Posting Window:We will accept applications for 3 full days following the Original Posting Date, after which the posting may remain open or be removed based upon applications received. If we choose to post the job again, we will accept additional applications for at least 1 full day following the Most Recently Posted Date. Please submit applications in a timely manner as there is no guarantee the posting will be available beyond the applicable deadline.
Date First Posted (TTF): 12/22/2023 Latest Post Date: Careers - US: 1/6/2024LinkedIn Remote Hashtag
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