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Lincoln Investment · 21 hours ago

Supervising Principal

Fort Washington, PA

Full-time

Hybrid

Mid, Senior Level

3+ years exp

Lincoln Investment is an independent broker dealer and registered investment advisor that offers brokerage, investment advisory and other financial services. The primary responsibility of the Supervising Principal is to supervise the sales activities of Financial Professionals and ensure compliance with regulations, while also serving as an expert resource on compliance questions and issues.

Insurance

Hiring Manager

Nicole Criswell, PHR

Responsibilities

Supervise the sales activities of FPs in an assigned territory including, but not limited to, the review of new business, correspondence, and email

Review exception reports and various other reports for suitability

Investigate questionable transactions and take corrective actions which may require FP and/or investor contact

Answer compliance questions from Financial Professionals and their office staff

Participate in pre-audit briefings with Branch Examinations

Conduct Designated Supervisor ("DS") Visits to FP's business locations across the country to assist in properly supervising the FP, which includes but is not limited to:

Completion of a check list of questions

Review office and client files for business and correspondence not submitted through the BD and or not approved by the BD

Work with the Vice President of Supervision to identify, supervise, monitor, and document FPs who are recognized as requiring Special Supervision. Develop criteria for how and why these FPs are identified, monitored and when this monitoring is no longer necessary. Assist in the creation of customized Special Supervision programs for individual FPs and support carrying out the programs as required

May assist the Compliance Department in identifying and investigating investor complaints received and prepare (or coordinate with the Compliance Department to prepare) the written response to the investor within thirty (30) days of receipt of the complaint. This includes, but is not limited to, conducting an analysis of the complaint, analyzing the alleged losses in the account, and interviewing Branch Managers and FPs

Assist in preparing training materials and presenting at compliance training meetings as needed

Other tasks as needed which may include but are not limited to:

Contribute to the update of procedural manuals or written supervisory procedures as needed

Assist in the creation and/or implementation of new DS/FP Compliance Memorandums as needed

Work with Compliance Advisors on special projects as needed

Qualification

FINRA knowledgeSEC regulationsSeries 7 licenseSeries 24 licenseSecurities industry experienceProject managementCommunication skillsOrganizational skillsAttention to detailProblem-solving

Required

Three to five years of experience in the securities industry (preferably in compliance and/or supervision)

Working knowledge of FINRA, SEC, MSRB and ERISA rules & regulations as they apply to both broker/dealers and registered investment advisors

Thorough understanding of securities products, insurance products (including variable annuities, equity indexed annuities and fixed annuities) and investment advisory programs

Bachelor's degree in a related field or the equivalent combination of education and/or experience

Series 7, Series 24, Series 53, and Series 66 (or equivalent, i.e. Series 63 & Series 65) licenses required

Ability to gather, analyze and display data in an appropriate format and keep accurate and organized records/documentation

Aptitude to assess a situation and make a decision on how to move forward

Ability to assess business risks to the firm and bring these matters to supervisor's attention

Capacity to work independently

Excellent oral and written communication skills

Organizational and time management skills (e.g., ability to effectively manage multiple priorities)

Ability to conduct oneself in a diplomatic and professional manner

Offer creative solutions to issues

Project management capabilities

Exceptional attention to detail

Provide an outstanding level of service and a helpful attitude to DSs, FPs and co-workers

Preferred

Series 9/10 preferable

Series 4 helpful, but not required

Benefits

Competitive compensation and benefits package

Company

Lincoln Investment

As a full-service broker-dealer and registered investment adviser, Lincoln Investment knows that there are many destinations along your life’s journey that require financial security.

Founded in 1984

Fort Washington, Pennsylvania, USA

201-500 employees