Registered Principal, Ameriprise Financial Advisors
About The Position
We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world. Job Description The Field Registered Principal (RP) is responsible for supervising the sales and suitability of the advisor’s entire book of business as outlined in the Written Supervisory Procedures (WSPs). The RP must have an in-depth understanding of each advisor's practice and staff in their Office of Supervisory Jurisdiction (OSJ).
Requirements
- Knowledge of financial services industry and B/D regulatory rules
- 3-5 years of compliance supervisory experience
- Demonstrated ability to exercise sound and impartial judgment in addressing issues with individuals s/he supervises
- Strong oral and written communication skills
- Demonstrated conflict management
- Ability to deliver difficult messages
- Demonstrated ability to influence
- Demonstrated advanced analysis and problem-solving skills
- Active Series 7
- Active Series 24
- Active State IAR registration (S65 or S66)
- Active State securities agent registration (S63 or S66)
- Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
Nice To Haves
- 3-5 years of compliance supervisory experience
- Self-motivated with the ability to achieve results in an independent environment, aptitude with technology, ability to manage multiple tasks
Responsibilities
- Provide front-line supervision to an advisor’s practice while modeling exemplary leadership behaviors.
- Proactively work with advisors to support their effort to run a compliant practice. This includes: Conducting and documenting ongoing 1:1 interaction Providing feedback and documenting observations related to the advisor’s sales activity and suitability of the advisor’s recommendations Inspecting registered offices under your supervision pursuant to Ameriprise Financial policy Administering discipline and education according to processes when appropriate Coaching advisors on supervisory policies and procedures Acting as the main resource for advisors on compliance tasks Validating appropriate advisor training is taking place
- Proactively detect violations of policy or procedure through: Responding to corporate requests to review advisor activity Making client calls Analyzing reports and other metrics
- As prescribed by the Written Supervisory Procedures, accurately and completely follow-up, review and sign-off or reject advisor activity.
- Identify and provide response to issues identified by corporate business partners. This includes: Working with the Centralized Supervision Unit and Compliance on escalated issues and supervision plans Working with Compliance on complaints Working with Legal on investigations Resolving issues identified in field office inspections Complying with record keeping processes, required use of certain technology tools and systems
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
