What are the responsibilities and job description for the Supervisory Principal position at Independent Financial Group?
Overview
Independent Financial Group, LLC (IFG) is a privately held independent broker-dealer based in San Diego, California. Founded in 2003, IFG provides an array of business solutions supporting more than 656 independent financial professionals across 409 offices nationwide. IFG was named among the “Fastest Growing Private Companies in the US” by Inc. 5000 in 2020, for the eighth time since 2010. San Diego Business Journal ranked IFG #7 among the Largest Private Companies in San Diego in 2022. In 2022, IFG was ranked 19th largest among national independent broker-dealers by Financial Advisor Magazine and Financial Planning Magazine, based on revenue.
Job Duties
- First-line supervisory responsibility for assigned advisors and OSJ Managers as part of a supervisory team
- Accept new accounts on behalf of the firm
- Review and approval of transactions for suitability and documentation of mutual fund, variable annuity, and alternative investment business
- Work independently to ensure department deadlines are met and service levels are maintained
- Reviews electronic correspondence through email monitoring system
- Creates and analyzes monthly reports designed to detect transaction-based risk
- Conduct post review of trades for suitability
- Prepares additional Supervision reports as requested
- Develops additional compliance reports as necessary
- Serve on various committees and projects as determined by management.
- All other duties as assigned
Qualifications
- Bachelor’s degree preferred, high school diploma (or equivalent) in combination with significant experience will be considered in lieu of degree. Minimum of high school diploma or equivalent is required.
- 4 years securities industry experience.
- 2 years compliance, supervision, or surveillance experience.
- FINRA Series 7, 24 (or S9/10) are required
- Knowledge of mutual funds, annuities, general securities, and other financial products required
- Knowledge of FINRA, SEC, and State rules and regulations
- Ability to work in a fast-paced/high volume environment
- Working knowledge of Microsoft Word, Excel, Outlook, and other Web-based applications.
- Excellent verbal and written customer service, telephone, troubleshooting, and communication skills
- Detailed oriented, able to multi-task, and have the ability to implement projects consistent with established company and customer objectives
Compensation
- IFG offers a competitive benefits package, including company-paid medical, dental and vision benefits, 401(k) matching, market-level compensation based on experience, free on-site fitness center, and provides employee events throughout the year.
