Manager Suitability Review

Suitability Review & Regulatory Oversight

• Review financial service product applications and enrollment forms for suitability in accordance with broker-dealer procedures and FINRA regulations.
• Complete required follow-up with registered personnel, document broker-dealer files, and approve or reject applications as a Registered Principal on behalf of the firm.
• Review financial product replacements, asset allocation recommendations, and suitability determinations to ensure compliance with applicable regulations and firm policies.
• Act as a subject matter expert on suitability matters for field agents, registered representatives, and home office personnel.

Leadership & Team Management

• Lead, coach, and develop a team of Suitability Analysts.
• Establish performance expectations and ensure timely, accurate review of suitability submissions.
• Foster a culture of compliance, accountability, and continuous improvement.
• Support employee development through coaching, training, and performance management.

Surveillance, Reporting & Process Improvement

• Design and maintain surveillance reports to support supervision of account transactions and registered personnel activities.
• Develop and utilize exception reporting tools to identify potential compliance concerns and trends.
• Review, develop, and enhance suitability standards, policies, procedures, and controls.
• Recommend process improvements that strengthen compliance oversight and operational efficiency.

Training & Business Support

• Develop and deliver suitability-related training programs for registered representatives and internal business partners.
• Assist in the development and testing of forms and tools designed to improve field productivity and data collection.
• Provide guidance to registered representatives regarding product suitability, replacement transactions, and asset allocation considerations.
• Partner with Compliance, Operations, Product, and Distribution teams on regulatory initiatives and business projects.

Regulatory Forms & Governance

• Oversee the maintenance and development of regulatory forms and documentation.
• Ensure broker-dealer records are maintained in accordance with regulatory requirements.
• Support audits, examinations, and regulatory inquiries as needed.

Qualifications & Experience

Required

• Bachelor's degree from an accredited four-year college or university.
• 5+ years of suitability review experience.
• 5+ years of securities industry experience, including direct interaction with registered representatives.
• Strong understanding of FINRA regulations, suitability standards, supervisory requirements, and broker-dealer operations.
• Demonstrated leadership and team management experience.

Licensing Requirements

• FINRA Series 6 (or Series 7) required.