Designated Principal

Overview

Connecting clients to markets – and talent to opportunity.With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth.

 

Business Segment Overview

Institutional: Immerse yourself in the best-in-class institutional-grade technology, working alongside industry experts and gaining exposure to various asset classes, such as equities, options, fixed income securities, and advanced trading, research, and management technology.

 

Position Purpose: Broker dealer general principal manages the day-to-day activity and approval of new accounts, trading, advisory accounts, marketing materials, etc.

Responsibilities

Primary duties will include:

• Approve new customer accounts, trades and financial plans
• Handle review and approval for advisory account
• Review and approve marketing, private securities transactions, gifts, political donation
• Outside business activities and outside brokerage accounts
• Email and social media review and monitoring
• Other forms of electronic communication review
• This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities that management deems necessary.

Qualifications

To land this role you will need:

• 2 years of experience in broker dealer supervision
• Email surveillance experience
• Experience with Global Relay, Excel, Prosurv, Comply, Envestnet and other supervisory tools
• Good communication skills

Education requirements:

• College degree or Industry Experience
• Series 7, 24 and 63

Working Environment

• In-office
• Minor travel requirements

Hiring Salary Range $75,000 - $100,000. Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.)   Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan.  This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.