Product Programs Oversight Specialist
Stifel Financial Corp.
About the Role
The Products & Programs Oversight Specialist assists in defining and enhancing strategic initiatives, procedure development, business risk assessments, and the overall design of the governance and control environment for products and programs within the Investment Products & Services (IP&S) department. The Specialist will understand each group's various products and services, processes, policies, and tools/systems. The primary focus is to assist in timely and effective IP&S oversight and adherence to rules/parameters through the review and analysis of product/program Standard Operating Procedures, Firm policies, business processes, and business file sampling.
Key Responsibilities
- Participate in developing the oversight and control framework for IP&S's various products and programs.
- Assist in procedure design and implementation, assessments, and periodic reviews.
- Collaborate with PCO colleagues to periodically review and update policies and procedures with product and program owners.
- Complete independent oversight and assessment of individual product risk as the initial reviewer for all PCO reviews performed.
- Assist in enhancing the team's ability to identify, measure, report, and mitigate risks.
- Provide input on the Oversight Tool's development, implementation, and ongoing management.
- Understand the risk profile of the business and participate in developing appropriate actions and responses to changes in profile relative to the firm's appetite.
- Establish strong working relationships with PCO Colleagues, Product Heads, Program Managers, Branch Supervisors, Operations, Legal, and Compliance to promote a culture of engagement and connectivity.
- Generally understand firm policies and regulatory requirements to support the team's activities.
- Assist in limiting the firm's regulatory and reputational risk and reinforce the firm's culture of compliance.
- Handle special projects and other duties as assigned.
Requirements & Tech Stack
- Proficient in Microsoft Office Suite, including Outlook, Word, Excel, and PowerPoint.
Qualifications
- Knowledge of wealth management products and services, including investment securities, advisory programs, investment strategy and theory, asset allocation, and regulations.
- Understands the firm policies and regulatory requirements to support the team's activities.
- Demonstrates strong written and verbal communication skills with strong attention to detail; able to communicate effectively with all levels of personnel to ensure compliance with policies, regulations, and Program Parameters.
- Understands the risk profile of the business and participates in developing appropriate actions and responses to changes in profile relative to the firm's tolerance.
Education & Experience
- Minimum Required: Bachelor's degree in business or related field.
- Minimum Required: 0-2 years of experience in the financial industry; compliance, risk, operations, audit, and/or control functions.