Chief Supervision Officer - Principal Securities

What You'll Do

Principal Securities offers a platform of securities; stocks, bonds, mutual funds, exchange-traded funds, fee-based programs, financial planning, variable and indexed annuities, retirement plans and other investment products for financial professionals to offer to their clients! In addition to the platform of securities, they give advisors access to technology and support to help them conduct business with their customers.  Principal Securities serves a wide range of end-customers, including individuals, corporations, trustees, companies sponsoring retirement plans and more.

 

As the Chief Supervision Officer, you will report directly to Principal Securities, Inc’s President and lead all aspects of a team responsible for the firm’s Supervisory program. This position, in conjunction with the firm’s CCO, defines, implements, and supervises the firm’s supervisory program to ensure accurate compliance with FINRA, SEC and state regulatory requirements.

 

What you’ll do: 

• Lead and mentor a team charged with oversight and monitoring of the field and home office
  registered supervision program(s).
• Partners proactively with key business partners, legal and compliance to maintain an effective control structure and mitigates risk as needed.
• Responsible for broker dealer and investment advisor supervision, surveillance and monitoring activities.
• Engagement and management of supervision monitoring tools and platforms used for supervision and surveillance for broker dealer and investment advisor.
• Ensure that the supervision team is identifying gaps and remediating appropriately to stay in sync with FINRA, SEC and state regulations.
• Play a key role in transformation initiatives. Acts as an agent of change by finding opportunities, translating vision into strategy, bringing partners along in the process, and turning strategies into specific action plans.
• Represent the firm on industry committees, roundtables and seminars.

Who You Are

• Bachelor’s degree or equivalent experience required; (MBA/JD) a plus
• 10 years' financial services industry experience, with significant experience in senior level roles in broker dealer and investment advisor compliance, risk, operations, technology or continuous improvement.
• FINRA Series 4, 7, 24, 53, 66 (63 65). FINRA 7, 25, 65/66 REQUIRED upon start.
• Experience Leading large-scale transformation or change initiatives.
• Crafting and implementing new technology systems or digital tools.
• Experience with LEAN, Six-sigma, Agile methodologies.
• Insurance licenses a plus.

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 (Non-Exempt expressed as hourly; Exempt expressed as yearly)

$153000 - $207000 / 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.
Pension Eligible

Yes
Additional Information

Work Environments

 

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 Asset Management 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 imagining 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.
Original Posting Date

5/3/2024
Most Recently Posted Date

5/3/2024

LinkedIn Remote Hashtag

#LI-Remote

LinkedIn Hashtag

#LI-MT1

Salary : $153,000 - $207,000