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Senior Director - Advisory Supervision

At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.

At Northwestern Mutual, we believe relationships are built on trust.  That our lives and our work matter. These beliefs launched our company over 160 years ago. Today, they're just a few of the reasons why people choose to build careers at Northwestern Mutual.

We're strong and growing.  In a company with such a long and storied history, this may be the most exciting and meaningful time to be a part of Northwestern Mutual. We're strong, innovative and growing.

We invest in our people.  We provide opportunities for employees to grow themselves, their career and in turn, our business.

We care.  We make a positive difference in our communities. Nationally, thousands have benefitted from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they're passionate about.

What you will do:

This role will have ownership of the strategic direction of Advisory Supervision Program for the fiduciary obligations of WMC’s advisory programs to protect the sanctity of the bank charter. Responsible for the Advisory Supervision Team which is primarily responsible for WMC Supervision functions, such as transaction reviews, investment policy violations – drift, ineligible securities, high cash – 60-day account reviews, trading and advisor performance monitoring. Leading the risk assessment and communication of data for supervision trending with WMC management, Board of Directors and regulators, Managing Partners and field supervisors where necessary, Enterprise Compliance, Investment Client Services and Performance Distribution. Responsible for the development of standards, policies, procedures and training for advisors and supervisory program.

How you will do it:

  • Participates in the development of and oversees processes related to WMC supervision and other policies and requirements related to a wide variety of regulatory bodies. Familiar with the principles on which the distribution system is built and the policies that have been developed to support those principles.
  • Responsible for all aspects of staffing for over 10 employees. Mentors and directs team managers in all HR related issues. Responsible for the continued training and development of team.
  • Responsible for the development, implementation and oversight of new processes or enhancements to existing processes to address changes in our business direction or regulatory requirements. Includes identification of processes needed to meet business and regulatory requirements, organization and training of staff and coordination of communication of these changes across divisions and departments.
  • Accountable for communication and training between the various divisions within the department related to advisory supervision. Communicates with the management of the other divisions to identify any business or staffing issues, supports departmental goals and direction by participating on various department committees related to advisory supervision.
  • Identify and report on trends from the various processes in Advisory Supervision. Provide this information on a routine basis to the VP- Risk and Controls, Chief Compliance Officer, and respective WMC Committees and Board of Directors.
  • Creates training and communication for advisors, teams and home office partners to maintain current on new regulatory and compliance requirements related to the advisory supervision program.

Bring Your Best! What this role needs:

  • A bachelor's degree plus 10 years of experience working in the insurance or investment securities industry with risk and investment products and additional experience in the areas of broker-dealer supervision, law or compliance.
  • Recognized as a subject matter expert in the area of field supervision, compliance and application of state and federal insurance and investment regulations
  • Proven ability to manage and direct in a continually changing environment, ability to motivate and manage a diverse staff.
  • Ability to negotiate, persuade and set direction in collaborating across departments and divisions throughout the enterprise.
  • Experience working with a sale/distribution force.
  • Ability to identify key issues, prioritize their impact, provide recommendations and implement timely solutions.
  • Strong analytical skills matched with a high degree of interpersonal, leadership and organization skills.
  • Series 7 and 24 or 9/10

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#IN-POST

This position has been classified as a Registered Representative under NMIS guidelines and requires fingerprinting.

Required Certifications:

Series 10 - FINRA, Series 24 - FINRA, Series 7 - FINRA, Series 9 - FINRA

Grow your career with a best-in-class company that puts our client’s interests at the center of all we do. Get started now! 

We are an equal opportunity/affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.

If you work or would be working in Colorado or outside of a Corporate location, please click here for information pertaining to compensation and benefits.


FIND YOUR FUTURE

We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and commitment to diversity and inclusion.