Tuesday , April 16 2024

BBVA Jobs – Supervisory Principal I

Website BBVA

Job Description:

The Supervisory Principal is responsible for recognizing and assessing investment suitability risk by exercising good judgement based on review of client and product information. This team member will be responsible for thoroughly analyzing the associated data and documentation to decision the related trades and accounts.

Job Responsibilities:

  • Provide compliance training as necessary; train newly licensed employees in procedures and paperwork.
  • Review new accounts for suitability and completeness. Determine if there are any red flags that could indicate fraudulent accounts.
  • Use independent judgment to analyze complex situations and make sound decisions that mitigate regulatory risks.
  • Review annuities and life insurance for completeness and suitability. Verify source of trades and compare 1035 exchanges and investment switches. Ensure the sale was made in the client’s best interest.
  • Evaluate transaction activity with respect to breakpoints, appropriate share class and potential suspicious activity or other regulatory red flags.
  • Review and approve trades daily for mutual funds, bonds, UITs, structured notes and CDs for suitability.
  • Collaborate with department management to establish and maintain policies and procedures to ensure compliance with new and existing securities laws, rules and regulations

Job Requirements:

  • Great attention for detail is a must.
  • Requires an in-depth knowledge of state and federal securities laws, practices, and regulations in addition to strong analytical, communication and technical skills.
  • Bachelor’s degree in management, finance, or other closely related field is preferred, along with two to four years of experience in a principal review desk position.
  • Ability to work under pressure in a fast paced environment.
  • Proficient in Word and Excel.

Job Details:

Company: BBVA

Vacancy Type: Full Time

Job Location: Dallas, TX, US

Application Deadline: N/A

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