Regional Branch Manager - Branch Supervision (East Coast)
Job details
Estimated: $74,000 - $92,000 a year
Full time
Job description
Job Description Summary
Provide supervision over the securities activities of Branch Office Supervisors and Registered Representatives in an assigned region.
Job Description

Responsibilities

  • Provide direct supervision of Branch Office Supervisors and Registered Representatives for broker dealer and investment advisory functions; provide supervision, guidance, advice, and training.
  • Maintain files required by the WSPs to be maintained at the branch location for each Branch Office Supervisor and Registered Representatives.
  • Assist in the creation of new branch offices and the development of existing offices.
  • Participate in regulatory examinations within the assigned region.
  • Review and accept or deny requests for non-registered locations.
  • Monitor the activities of Branch Office Supervisors, Registered Representatives and NRLs within the region in accordance with the Firm’s written supervisory procedures.
  • Monitor the performance of Branch Office Supervisors to ensure they are able to properly supervise the number of Registered Representatives assigned to them.
  • Designate, reviews and remove Branch Office Supervisor status as needed.
  • Makes decisions for acceptance or denial of new applicants and, when necessary, for the suspension or termination of Branch Office Supervisors and Registered Representatives.
  • Visit branch offices periodically to review and monitor for adherence to company policies and procedures.
  • Review annual audit report and implement procedural changes to ensure that identified deficiencies are not repeated.
  • Reviews written correspondence and communications with the public in accordance with company policies as needed.
  • Review and approve, or deny, outside business activities and private securities transactions requested by Branch Office Supervisors and Registered Representatives.
  • Perform final review and acceptance of Form U4s for applicants, including interviews with the sponsoring Branch Office Supervisor and/or applicant, and/or requests for additional supporting documentation. Approve/recommend Heightened Supervisory Agreement (HSA), or refer to Special Review Committee.
  • Implement, monitor, and dissolve HSAs within the region.
  • Review and accept, or deny, requests from Branch Office Supervisors for assignments or reassignments of Registered Representatives.
  • Monitor Registered Representatives compliance with Firm and regulatory continuing education requirements.
  • Review and monitor Branch Office Supervisor and Field Representative completion and compliance with the Firm’s annual compliance meeting and Firm element requirements
  • Review and monitor Branch Office Supervisor and Field Representative emails to ensure compliance with Firm policies.
  • Handle calls and inquires during regions office hours to ensure inquiries are resolved satisfactorily, including incoming calls on the RBM call line.
  • Refer to and provide input to the Compliance Division on regulatory violations, sales practice improprieties, or actual or potential violations of Firm policies and/or regulatory requirements as needed.
  • Periodically attend public events conducted by TFA Field Representatives to ensure compliance with Firm policies.
  • Create, facilitate and promote Firm training programs as deemed necessary by management.
  • Perform additional supervisory and compliance functions as needed.

Qualifications

  • Bachelor’s degree in a business-related field or equivalent experience
  • Five years of securities industry related experience
  • FINRA Series 6 and 26 (and obtain 7 and 24 licenses within one year)
  • In-depth knowledge of compliance, suitability issues, securities products, and FINRA regulations
  • Strong written/oral communication and interpersonal skills
  • Facilitation and training experience
  • Organizational skills and the ability to prioritize multiple priorities
  • Proficiency using MS Office projects

Preferred Qualifications

  • FINRA Series 7, 24, 65/66, 53/51

Working Conditions

  • Office environment or work remote from home
  • Ability to travel 25-30%, with the potential to travel up to 75%
  • Evening/weekend hours as needed

report job
Protect yourself
Company details

Headquarters

Baltimore, MD

Employee

5001 to 10000

Revenue

more than $10B (USD)

Industry

Insurance

Company Description
Transamerica is changing the way people think about their financial and overall well-being. Yes, we help people achieve a lifetime of financial security by serving millions of customers across the United States with insurance; pension and retirement plans; investments; and asset management services. But today, it’s about so much more than that. As we all live longer, the connection between our wealth and health is growing. Transamerica is inspiring people to see their spending, earning, and saving in a whole new way. Considering all that can affect personal finances, we want to help people develop healthy physical and financial habits, so they can add more years to their lives and more life to their years.
Company ratings
  • Overall
    3.5
  • Company & Benefits
    3.5 / 5
  • Culture & Values
    3.3 / 5
  • Career Opportunities
    3.0 / 5
  • Work/Life Balance
    3.5 / 5
  • Senior Management
    3.2 / 5
Company reviews
"Friendly environment"
Former EmployeeIntern
People here are nice and friendly. My manager was supportive. The culture is inclusive. I learned a lot from projects to projects. The recruiting team is nice.
Pros:
Cons:

"Questionable transactions"
Former EmployeeLicensed Agent
The numbers are fluffed by selling policies to show sales and get credit without necessarily closing. Questionable direction and inconsistent answers from management.
Cons:

"Good place to work"
Former EmployeeSenior Developer
Good company to work for, great working experience. Good pay and benefits. Good culture. Changes at the upper management level. Pension plan, 401K matching.

"Culture could definitely be better. "
Former EmployeeClaims Adjuster
Worked as an agent for 5 years. During this time I was used for recruiting, commission was stolen from me, as well as things that went on with other agents that shouldn't have been allowed. When my career first began it was an awesome company. Slowly over time it was only about sales which is crucial to running a business but that family like atmosphere left completely in 2015.
Pros:
Cons: