Sr Supervision Manager

Wealth Enhancement Group

1d

About The Position

About Wealth Enhancement Wealth Enhancement is an independent wealth management firm with an endless passion for enriching the lives of our clients. We continually seek to perfect our craft of personalized financial planning with our team-based Roundtable and UniFi processes that go far beyond the standard approach. We proudly provide unique financial plans and investment management services to over 80,000 households from our over 140 offices - and growing - nationwide. Since 1997, Wealth Enhancement has tirelessly raised the standard of wealth management with specialized knowledge and more attentive service that helps every client craft their future. For more information, please visit www.wealthenhancement.com. We have an excellent opportunity for a Sr Supervision Manager! The Sr. Supervision Manager leads the firm’s supervisory program across the RIA and hybrid platforms by implementing strategy and vision for long-term development of the Supervision team. This strategy will focus on automation, use of Generative AI and the support of offshore resources where appropriate. In addition, this role oversees the team responsible for day to day execution of supervisory activity conducted by supervision analysts. The Supervision team is responsible for oversight of the following areas: Review of new account and account servicing documents Electronic Communication review through Theta Lake Trade review through FIS Trade Errors and Refund approvals Quarterly Gift & Entertainment and Personal Trading Review Financial Plan Report Review Transition Support Guidance

Requirements

• Bachelor's degree in business or related
• 10+ years compliance experience or with a consulting firm or law firm
• FINRA Series 7, 24 & 66 required.
• Strong working knowledge of SEC and FINRA rules regulating broker-dealers
• Strong working knowledge of Investment Advisers Act of 1940
• Ability to identify issues, think proactively, and begin resolving them without being asked
• Collegial and collaborative approach working effectively with others to build strong professional relationships.
• Ability to manage multiple responsibilities and priorities to meet deadlines
• Excellent written and oral skills, ability to train/educate complex items
• FINRA supervisory obligations relative to dually registered RRs/IARs
• Experience with Microsoft Office suite

Responsibilities

• Supervision Program Leadership
• Maintain and develop WEG’s Supervision program to remain in good standing with Federal and State regulators.
• Implement strategy and vision related to long-term development of supervision activities focused on financial advisor activities in advisory, brokerage and insurance accounts to help ensure compliance with firm policies, broker-dealer requirements, and SEC/FINRA regulations.
• Anticipate emerging compliance risks, strengthen internal controls, and help ensure effective resource allocation to protect the firm’s assets, regulatory standing, and budgetary priorities.
• Develop and maintain team metrics, productivity data and staffing models for evaluation of productivity and efficiency improvements.
• Maintain and enhance supervisory procedures, desktop workflows, and documentation.
• Oversee the creation and development of Supervision related resources for advisor teams.
• Project and Process Management
• Serve as subject matter expert for supervision related initiatives, including system enhancements, process redesign, acquisition onboarding, and cross department improvements.
• Support design, testing, and implementation of technology enhancements for tools used by Supervision (e.g. Salesforce, FIS, MCO and workflow tools).
• Drive consistency and scalability of supervisory processes across expanding advisor teams and business units.
• Provide regular project status updates to VP Supervision & ICI.
• Team Management & Administration
• Manage a team of Supervision Analysts responsible for conducting day to day supervision.
• Lead and evaluate the performance of the team(s) within areas of responsibility using structured performance management methodologies.
• Recruit, hire and train additional support that may be necessary.
• Serve as primary point of escalation for Supervision analysts.
• Facilitate weekly team meetings and individual 1:1 meeting with team members.

Benefits

• Training and professional development
• Medical, dental and vision coverage (Available to full-time employees and their families)
• Health Savings Account (HSA) with employer contribution and Flexible Spending Accounts (FSA) for medical, dependent, and transit expenses
• Life and AD&D insurance – employer paid and voluntary options
• Short-term and long-term disability, workers compensation – employer paid
• 401k with match and profit sharing
• Wellness programs and resources
• Voluntary benefits, including pet insurance
• 18 days of paid time off (PTO), accrued annually (25 PTO days after 4 years of service)
• 12 paid holidays each year (10 pre-determined and 2 floating days)
• Paid parental leave and paid caregiver leave (Caregiver leave available after 6 months of tenure)
• Reimbursement for tuition, licensing, and other credentials (Available after meeting service requirements)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager