Centralized Supervision Specialist
Centralized Supervision Specialist
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 111540 - 111540
1 Vacancy
Job Description
At Northwestern Mutual we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company over 160 years ago. Today theyre just a few of the reasons why people choose to build careers at Northwestern Mutual.
Were strong and growing. In a company with such a long and storied history this may be the most exciting and important time to be a part of Northwestern Mutual. Were strong innovative and growing.
We invest in our people. We provide opportunities for employees to grow themselves their career and in turn our business.
We care. We make a positive difference in our communities. Nationally thousands have benefitted from our support of research and programs to fight childhood cancer. Each year our Foundation employees and financial representatives donate time talent and financial support to causes theyre passionate about.
What you will do:
Supervises investment and insurance business and activity in a collaborative team environment to ensure compliance with firm policies and industry regulations. Partners with Northwestern Mutual field force daily to help them grow their business the right way.
How you will do it:
- Perform review and supervision of securities correspondence flagged email and social media correspondence between financial representatives and their clients.
- Approve correspondence in accordance with regulatory requirements as well as firm policies and procedures. Escalate higher risk flagged correspondence to the appropriate field supervisor for resolution.
- Perform transaction supervision using compliance monitoring systems (e.g. the Securities Monitoring and Review Tool (SMART).
- Work closely with a small number of small to mid-sized Network Offices and their accompanying supervisory teams to ensure appropriate monitoring and supervision is conducted in accordance with regulatory requirements as well as firm policies and procedures.
- Play a consultative and advisory role to the field supervisors to review and discuss opportunities for workflow improvement training and/or documentation within their network office. Perform suitability review and ultimate approval of newly submitted brokerage and advisory accounts.
- Work with supervision team to provide feedback and information on the observed trends found by the Supervision Support Team. Information provided outlines areas of concerns associated with the timeliness and/or documentation of supervisory reviews that have been unaddressed and require action to minimize business risk and ensure regulatory compliance.
- For the assigned supervision and surveillance systems provide support to the subject matter expert of the respective system (e.g. provide feedback and support with system enhancements to help with implementation). Participate in the discussions related to the creation testing and implementation of annual system enhancements.
- At the direction of the subject matter expert provide value by assisting in the completion of miscellaneous basic projects required to improve the overall effectiveness of the system. Participate as a resource on basic divisional project teams.
Bring your best! This role needs:
- Bachelors Degree in business finance or related field and/or equivalent work experience.
- 2 years of experience in a professional level position in insurance or financial services industries required.
- 2 years of professional level experience in core product lines (some combination of life insurance DI and LTC) mutual fund and/or general security related experience.
- Series 7 & 24 licenses must be acquired within 6 months.
- Strong analytical as well as strong written and oral communication skills needed.
- Strong foundation on NMIS policy and procedure and regulations is needed.
- Ability to work with all levels of management within the field and home office.
- Demonstrated ability to handle multiple issues to resolution in a timely manner while maintaining good relationships with internal and field clients.
- Ability to understand both business and compliance issues and effectively communicate with both compliances and field sales associates.
Benefits:
Great pay package 401K company sponsored retirement plan educational assistance performance-based incentive pay medical dental and vision insurance parental leave caregiver time more!
#LI-HYBRID
This position has been classified as a Registered Representative under NMIS guidelines and requires 24 - FINRA Series 7 - FINRA SIE - FINRACompensation Range:
Pay Range - Start:
Pay Range - End:
$96980.00Geographic Specific Pay Structure:
We believe in fairness and transparency. Its why we share the salary range for most of our roles. However final salaries are based on a number of factors including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if youre living in California New York City or other eligible location geographic specific pay structures compensation and benefits could be applicable click here to learn more.
Grow your career with a best-in-class company that puts our clients interests at the center of all we do. Get started now!
Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas seek challenges assume leadership and continue to focus on meeting and exceeding business and personal objectives.
Required Experience:
Unclear Seniority
Employment Type
Full-Time
