Managing Director, Broker-Dealer Supervision

Job Description

Job Description

About the Role

NewEdge Securities is seeking a seasoned supervisory professional to serve as Managing Director of Broker-Dealer Supervision. This senior leader owns the design, implementation, and day-to-day management of the firm's supervisory framework across all registered representative and branch activity. The role is distinct from the compliance function and focuses on day-to-day operational supervision — ensuring the firm meets its FINRA Rule 3110 obligations and that supervisory controls are embedded in business processes firm-wide.

 

Location:  The ideal candidate will report to one of the following offices: Pittsburgh, PA; Stamford, CT; or Fort Lauderdale, FL. However, remote candidates are encouraged to apply.

 

Key Responsibilities

• Ensure alignment with Firm WSPs, current regulatory requirements and actual business practices
• Execute daily supervisory review of registered representative activity across equities, fixed income, options, alternative investments, and annuity/insurance products
• Oversee onboarding supervision of registered representatives, including review of U4/U5 filings and disclosure events
• Manage escalation of supervisory findings to senior leadership; partner with the CCO where matters have compliance or regulatory implications
• Supervise and develop the supervision team; set performance standards and manage workflow
• Oversee CAT reporting obligations and ensure accuracy and timeliness of submissions in coordination with operations
• Oversee TRACE reporting supervision for fixed income transactions, including exception review and error remediation
• Administer and leverage Smarsh for electronic communications surveillance, including email and correspondence review
• Administer and leverage Protegent for supervisory exception reporting and trade review
• Monitor FINRA Notices and rule updates with direct supervisory implications and update WSPs accordingly
• Coordinate with NFS on operational supervision matters related to the clearing relationship
• Support FINRA cycle examinations and for-cause inquiries as the subject matter expert on supervisory systems and procedures
• Maintain the firm's supervisory review logs and exception reporting infrastructure

 

Qualifications

• 10+ years of broker-dealer supervision experience in a FINRA-regulated environment
• Active Series 24 required; Series 9/10 a plus given options and equities business lines
• Deep working knowledge of FINRA Rule 3110, 3120, 3130, and related supervisory obligations
• Hands-on experience with trade review and electronic communications surveillance platforms including email and correspondence review; familiarity with Protogent preferred
• Experience supervising across multiple product types including equities, fixed income, options, alternative investments, and annuities/insurance products
• Experience with FINRA examination processes, particularly in a supervisory capacity
• Proven ability to build and manage supervisory systems and procedures in a growing or evolving firm
• Strong written communication skills; WSP drafting experience required
• Excellent interpersonal and management skills with ability to work across the spectrum of clients, business partners and regulators
• Must possess complex problem-solving skills to deal with the daily challenges that arise from supervising registered representatives that engage in multiple and different lines of business
• Ability to address issues in an efficient manner in a fast-paced environment
• Correspondent broker-dealer experience a plus
• Investment advisor experience a plus