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Diversify Advisor Network · 1 day ago

Director, Supervisory Principal

Sandy, UT

Full-time

Hybrid

Mid, Senior Level

5+ years exp

Diversify Advisor Network is the future of wealth management, founded by seasoned advisors and industry leaders. The Director, Supervisory Principal plays a critical leadership role in ensuring regulatory integrity for a dual-registrant financial services firm, overseeing compliance and supervisory infrastructure across brokerage and advisory platforms.

FinanceInsuranceVenture Capital

Responsibilities

Oversee daily supervisory functions across both brokerage and advisory platforms, including review of transactions, account activities, communications, and sales practices

Manage a team of supervisors who support supervision’s critical efforts, ensuring appropriate levels of escalations, documentation, and follow-up

Monitor for potential misconduct or policy violations related to suitability, trading patterns, fee structures, fiduciary obligations, and disclosure requirements

Supervise onboarding and ongoing monitoring of registered representatives and investment adviser representatives, including OBA/Private Securities Transactions, outside RIA affiliations, and personal trading

Review processes to ensure they are aligned with Written Supervisory Procedures (WSPs) and Compliance Manuals

Review and update supervisory practices in response to regulatory changes, industry trends, or internal audits

Support the firm’s regulatory exam readiness, partnering with Compliance and Legal to respond to FINRA, SEC, or state inquiries

Proactively identify potential areas of compliance vulnerability and risk

Conduct root-cause analysis on compliance breaches and collaborate on firm-wide initiatives to reduce regulatory risk

Implement and optimize the use of surveillance tools and reporting systems to improve oversight, audit trails, and supervisory analytics

Build and maintain a strong supervisory culture that prioritizes ethical behavior, client-first principles, and regulatory accountability

Lead training initiatives for supervisors, registered representatives, and investment adviser personnel on evolving policies, regulatory updates, and best practices

Partner with business development, product, and advisor services teams to ensure business growth initiatives align with regulatory obligations

Serve as a subject matter expert (SME) for supervision in strategic projects including platform upgrades, product launches, and policy changes

Represent the supervision function at internal governance meetings and with external partners, demonstrating thought leadership and sound judgment

Build strong relationships across the firm to create a unified approach to supervision and compliance risk

Qualification

Series 24 licenseFINRA regulatory knowledgeSEC regulatory knowledgeRisk managementSupervisory surveillance platformsTeam managementAnalytical mindsetProfessional integrityLeadership skillsDecision-making skillsInterpersonal skillsCommunication skills

Required

Series 24 license

Series 7

Series 63 and 65 (or series 66)

Series 53 a plus

Minimum of 5 years in brokerage and/or advisory supervision, compliance, or risk management within a dual registrant or hybrid RIA/BD firm

Proven experience managing teams and interacting with advisors and senior leadership

Demonstrated expertise in FINRA, SEC, and state regulatory frameworks including rules related to supervision, sales practices, disclosures, and fiduciary standards

Strong leadership, decision-making, and interpersonal skills

Ability to handle complex regulatory matters and prioritize competing demands

Familiarity with supervisory surveillance platforms, CRM/workflow tools, and documentation systems

Excellent written and verbal communication, with a detail-oriented and analytical mindset

High level of professional integrity and discretion when handling sensitive issues

Benefits

Core Benefits - Medical with HSA and FSA options, dental, and vision.

Preparing for Your Future - 401(k) with a generous company match, access to a personal financial planner, and unique investment options.

Great Team Culture - Team members consistently rave about having great colleagues.

Time Off - We value family, giving back, making a positive impact in society, and creating time to enjoy life. You will enjoy 4 weeks paid time off, 12 paid holidays, and 2 days for giving back.