Sales Supervision Principal

Supervision Principal Opportunity in Financial Services

Sales Supervision Principal

Preferred Location(s):
18700 N Hayden Rd, Suite 255, Scottsdale, AZ 85255

12325 Port Grace Boulevard, La Vista, NE 68128
2300 Windy Ridge Parkway, Atlanta, GA 30339

Schedule: Osaic has returned to the office on a hybrid schedule requiring a minimum of 4 days weekly in the office. Applicants must be willing to work this schedule. Due to the nature of this position, candidates must reside in the Scottsdale, La Vista, or Atlanta metro area and work a hybrid schedule of 4 days in the office and 1 day work from home.

Role Type: Full-Time

Salary: $60,000 - $70,000 per year + annual bonus

• Actual compensation offered will be determined individually, based on a number of job-related factors, including location, skills, experience, and education.
• Our competitive salaries are just one component of Osaic's total compensation package. Additional benefits include health, vision, dental insurance, 401k, vacation and sick time, volunteer days and much more.
• To view more details of what you can look forward to, visit our careers page: https://careers.osaic.com/Creative/Benefits

Summary:

The Sales Supervision Principal conducts suitability reviews of business requiring firm pre-approval, to include, but not limited to, Variable Annuity (VA), RILA and FIA initial purchases and replacements and non-traded alternative investment purchases. Under the guidance of the Department Manager and Team Lead and/or Senior Principal, the Sales Supervision Principal performs research and analysis of proposed transactions and documents findings, rationale and approval/rejection decisions. Ensures business is processed in accordance with the firm's policies and procedures and in compliance with regulatory requirements to protect the client, the First Line Supervisor (FLS), and the firm.

Responsibilities:

• Ensures proper business and sales practices are followed by the daily review of all assigned transactions and works with the advisors to address deficiencies in submissions
• Completes data entry into the Sales Supervision pre-approval platform and documents analysis, advisor communications, resolution of deficiencies and conclusion
• Provides a written recommendation of approval or rejection after a thorough suitability analysis is completed
• Works with the Sr. Trade Specialist, Team Lead, and/or Manager on escalated issues and rejections
• Stays fully informed of firm rules, guidelines and procedures as well as regulatory changes
• Monitors, reports, and enforces internal controls to ensure compliance with industry standards and the firm's policies and procedures
• Keeps timely workflow and ensures regulatory deadlines are met
• Maintains an ongoing positive relationship with Advisors and First Line Supervisors in collaboration with the Supervision Regional Vice Presidents (SRVPs) and Regional Sales Managers (RSMs)

Education Requirements:

• Bachelor's Degree Preferred. High school diploma (or equivalent) in combination with experience will be considered in lieu of degree.

Basic Requirements:

• Basic Annuity knowledge
• At least 1-2 years related experience
• FINRA Series 7, Series 63 (or Series 66), and Series 24 (or Series 8 or 9/10) are required
• Excellent written and verbal communication skills
• Ability to effectively handle and prioritize multiple tasks in a fast-paced environment to meet defined deadlines
• Analytical and problem-solving skills

Preferred Requirements:

• FINRA Series 65 or Series 66
• Life & Variable Insurance licenses