Job DescriptionThis Exam Principal role involves the management of a team of Investment and Insurance Compliance Examiners. It requires partnering with stakeholders across the Business Line and Compliance to create, implement, maintain, review, or oversee an effective risk management framework. The Exam Principal participates in projects and/or activities that ensure compliance with applicable federal, state, and local laws and regulations. This role requires professional certifications - FINRA Securities Industry Essentials (SIE), Series 7, 24 and 63 or 63 registrations. Ability to obtain Series 53 and 79 within 365 days.
Position Responsibilities
Responsible for ensuring adherence to regulatory and internal requirements regarding broker-dealer examination program
Partner with Chief Compliance Officer and Business Line Supervision to ensure alignment on priorities, observations, corrective actions
Review and approve examination schedule, including timebound and risk-based engagements
Responsible for regulatory engagements; including but not limited to external examinations
Lead or partner with internal parties to evaluate and onboard third-party system providers
Track regulatory trends and participate in related discussions with impact to examination program
Draft reporting for internal parties, including Senior Management, Business Line, and Chief Compliance Officer
Provide oversight and coaching to examination team, including training, onboarding/offboarding, and licensing requirements necessary to execute program
Other projects, as assigned
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than 10 years of applicable experience
Preferred Skills/Experience
Strong leadership and management skills of processes, projects and people
Effective written and verbal communication skills
Strong analytical, problem-solving and negotiation skills
Prefer insurance related licensure
Considerable knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
Considerable understanding of the business line's operations, products/services, systems, and associated risks/controls
Considerable knowledge of risk, compliance, and audit competencies
Strong project management, project planning, time management, and coaching skills
Identify trends and patterns to determine if follow-up or escalation is required or additional process improvements are needed
Self-motivated to manage work independently and strong organizational skills to effectively prioritize throughout the day. Ability to build and maintain relationships with various individuals and areas throughout the firm.
Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
Excellent presentation, interpersonal, written, and verbal communication skills
Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and spreadsheets, databases, and presentations
Excellent people-management skills
This role will require the ability to travel up to 25%
This role requires working from a U.S. Bank location three (3) or more days per week.
Benefits:
Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $133,365.00 - $156,900.00
