From Wells Fargo's posting. “We” and “our” refer to the employer.
About this role:
Wells Fargo is seeking a Supervisory Control Specialist to join our Annuities and Insurance Supervision Unit within Wealth & Investment Management. Learn more about the career areas and lines of business at www.wellsfargojobs.com
In this role, you will:
- Provide remote sales supervision and support of annuities and insurance transactions and activities within assigned branches and/or regions for Wells Fargo Advisors
- Support branch offices with on-going monitoring to ensure compliance with internal policies, applicable laws and regulations
- Provide ongoing training and education of annuities and insurance when responding to questions from Financial Advisors
- Work closely with the regional and branch staff on compliance and supervision policies, practices and resolution of issues
- Supervise specific sales activities on behalf of retail branch managers such as Annuities and Insurance
- Monitor sales activities using various technological tools and reports to ensure that the activity is in compliance with all regulatory and firm policies
- Assist branch offices in resolution of sales activity issues where appropriate
- Escalate issues to the appropriate management level for resolution
- Conduct orientation programs on responsibilities for new branch managers and support managers where appropriate
- Participate and consult regarding policies and procedures, controls, tools and training
- Identify opportunities for additional synergies and to maximize efficiencies within the private client group
- Review and analyze controls to manage high risk investment strategies and complex products
- Evaluate resources to monitor risk and exercise independent judgment to guide process changes, process improvements, and technology enhancements
- Present recommendations for resolving complex analysis in search of current and best practices
- Gather and analyze data, identify trends and present analysis through meaningful statistics
- Develop expertise in firm, compliance and regulatory policies and procedures
Collaborate and consult with Financial Advisors, Branch and Area Managers, CRG Regional Management, and other business units personnel and management.
Required Qualifications:
2+ years of Supervisory Control, Corporate Insurance Risk, Risk Management Consulting, Property or Casualty Insurance, Insurance Brokerage experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
US only: Successfully completed Financial Industry Regulatory Authority (FINRA) Series 7, 9/10 (or 24 where applicable), and 63 (or FINRA recognized equivalents) sufficient to qualify for immediate FINRA registration
Desired Qualifications:
- Knowledge and understanding of Annuity and Insurance products
- Conflict management and decision-making skills
- Intermediate Microsoft Office skills
- Strong negotiation skills
- Excellent verbal, written, and interpersonal communication skills
- Ability to interact with all levels of branch associates and business units
- Strong attention to detail and accuracy skills
- Strong time management skills
- Strong research and documentation skills
- Ability to work independently while balancing the needs of multiple projects
- Ability to gather, organize, and interpret data
- FINRA registration including Series 65 (or 66) (or FINRA recognized equivalents)
- Life & Health Insurance licenses
Job Expectations:
US Only: Registration for Series 65 (or 66) must be completed within a 90 or 180-day time period contingent upon number of license(s) needed if not immediately available to transfer upon hire. FINRA recognized equivalents will be accepted. This will be communicated at time of offer acceptance.
US Only: Obtaining and/or maintaining appropriate FINRA license(s) is required for ongoing employment in this position. Compliance with state law registration and licensing requirements is mandatory. In addition to state registration and licensing requirements, specific product licenses or SAFE licensing may apply. Additional requirements include meeting enhanced financial fitness and criminal background standards. Wells Fargo will initiate the FINRA licensing review process at the time of offer acceptance.
For specific FINRA qualification exams obtained after 9/30/2018, the Securities Industry Essentials (SIE) exam co-requisite may also be required.
State Life & Health Insurance license requirements must be completed within 90 days of hire date. Compliance with state law requirements is required.
This role requires a FINRA supervisory license and may require working in the assigned office location for at least one year from the hire date. Any supervisory role employee holding a FINRA supervisory license, who has answered affirmatively to certain Form U4 Section 14 regulatory questions/disclosures, will be ineligible to work from a location other than their assigned office location.
****For this position the Series 9/10 are the only principal licenses required. The Series 24 is not required.
This position is subject to FINRA background screening requirements. Candidates must successfully complete and pass a background check prior to hire. In accordance with FINRA rules, individuals who are subject to statutory disqualification are not eligible to be associated with a FINRA-registered broker-dealer. Successful candidates must also meet and comply with ongoing regulatory obligations, which include periodic screening and mandatory reporting of certain incidents.
This position is not eligible for Visa sponsorship.
Job Posting Locations:
- 2801 Market St., F & L Bldg. St. Louis, Missouri
- 550 S Tryon St. Charlotte, North Carolina
- 5201 W. Amelia Earhart Drive Salt Lake City, UT
- 550 S 4th St. Minneapolis, MN
Pay Range:
- Charlotte, NC - $77,000.00 - $121,000.00 USD Annual *Salary range is determined by location of the job
- St. Louis, MO - $77,000.00 - $121,000.00 USD Annual *Salary range is determined by location of the job
- Salt Lake City, UT - $77,000.00 - $121,000.00 USD Annual *Salary range is determined by location of the job
- Minneapolis, MN - $85,000.00 - $133,000.00 USD Annual *Salary range is determined by location of the job
Pay Range
Reflected is the base pay range offered for this position. Pay may vary depending on factors including but not limited to demonstrated examples of prior performance, skills, experience, or work location. Employees may also be eligible for incentive opportunities.
$77,000.00 - $133,000.00
