Managing Director (MD), Branch Supervision & Oversight - Wealth Management/Broker Dealer

Supervision & Oversight
The Supervision and Oversight leader is responsible for leading the Branch Supervision and Principal Review organizations, supporting the growth of the business while protecting the broker-dealer and its associates by ensuring adherence to regulatory and firm expectations. As part of the business, the Branch Supervision and Principal Review teams provide critical first line support and oversight to broker-dealer associates in areas including suitability & best interest review, correspondence review, registration and licensing, supervision of branch office locations and a variety of other areas. The role must understand the business and its priorities as well as the regulatory environment, demonstrating an ability to think strategically and execute consistently, protecting the firm while supporting business objectives.

Key Responsibilities and Duties

• Ensures broker-dealer associate compliance with applicable regulations and firm policies.
• Establishes and executes supervision & oversight strategy.
• Partners with business line leaders to protect the firm while supporting business initiatives.
• Supervises the development and interpretation of compliance policies and supervisory routines.
• Directs the development of relevant programs to ensure compliance and reduce risk.
• Develops and executes business and regulatory driven strategic and tactical initiatives.
• Liaises with supervising principals and internal business partners to drive continuous improvement initiatives and implement business unit policies.
• Manages performance of the direct reports to ensure the delivery of strong regulatory and risk compliance processes and project engagements

Educational Requirements

• University (Degree) Preferred

Work Experience

• 8+ Years Required; 10+ Years Preferred

FINRA Registrations

• SRC Indicator: Series 7; Series 24

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
10PL

​This role supports ~4,000 Broker-Dealer associates across the organization.

Preferred Qualifications:

• FINRA Series 24 (can acquire within 120 days in the role)

• 10+ years of investment advisory, broker-dealer, and securities regulatory requirements, and 3+ years of management experience

• Ability to think critically and find creative, practical solutions to achieve objectives

• Strong oral and written communication skills including presentations and public speaking

• Ability to adapt to and initiate change

• Demonstrated ability to work collaboratively with cross-functional groups and support senior management

• A highly collaborative business partner who can effectively manage and influence relationships that are widely dispersed both functionally and geographically

• Strong client relationship management skills

Related Skills

Business Process Improvement, Business Process Understanding, Commercial Acumen, Communication, Compliance, Continuous Improvement Mindset, Detail-Oriented, General Risk Management, Influence, Relationship Management, Risk Mitigation, Risk Monitoring

Anticipated Posting End Date:

2024-08-09

Base Pay Range: $182,000/yr. - $200,000/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location.  In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans). 

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Company Overview

TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. We offer a wide range of financial solutions, including investing, banking, advice and education, and retirement services.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior