Job Information
Thrivent Financial Sr Principal in Minneapolis, Minnesota
Fully qualified, senior level principal position is responsible for the supervision and surveillance of the firm’s insurance, securities, and investment advisory business. The position requires the technical knowledge and product expertise to limit the firm’s exposure to financial liability. Sr Principals are tasked with ensuring compliance with Thrivent Financial for Lutherans policies, Thrivent Investment Management, Inc.’s Compliance Manual and Written Supervisory Procedures, and rules and regulations of all 50 states, FINRA, and the SEC. The position requires thorough knowledge of investment and insurance products (current and past.) The position requires the ability to exercise judgment and take calculated risks. Senior Principals must escalate concerns to the proper authority for education and/or disciplinary action. Senior Principals ensure customers are treated fairly, honestly and equitably as a result of the review. The position is dedicated to quality and possesses the initiative to identify and assist with implementation of efficiencies.
Job Duties and Responsibilities
Conduct complex reviews and monitors activity of the firm’s insurance, securities, and retail advisory business to ensure firm policy and regulatory compliance, as well as the safeguarding of Thrivent Financial member-owners interests. Able to analyze across multiple product lines and identify trends.
Identify, address, and document concerns, escalating when appropriate.
Provide assistance to management, Field Supervision & Managing Partners, Compliance, and Member Relations regarding escalated concerns.
Provide professional, quality customer service to new and existing members, Wealth Advisors, Pinnacle Leaders Group, Financial Representatives, and other field personnel.
Appropriately handle advanced level inquiries independently, with minimal to no direction, providing work direction and resource for less experienced principals.
Required Job Qualifications
College degree or equivalent work experience required.
5-7 years working in the financial services industry or equivalent of directly related compliance experience
Advanced levels of analysis and independence
Possesses advanced knowledge of FINRA/SEC/IA/NAIC/MSRB rules and regulations and the ability to interpret and apply as required.
Maintains a thorough level of understanding of financial services industry products (including life and annuities, mutual funds, equity, fixed income, options, margin, advisory and related product lines required)
FINRA Series 7, 24 and/or 9/10, 51, 52 (for individuals that passed the Series 7 after 11/7/2011), 66 or 63/65 required or obtained within 90 days of hire/transfer or a combination thereof as directed by the manager and dependent upon specific job responsibilities.
Additional qualifications for the Principal role supporting Financial Planning Services:
Strong knowledge of financial planning business, and 1-3 years in a financial planning compliance, supervision, operations or similar role.
Experience with financial planning tools/software such as NaviPlan and MoneyGuide Pro is a plus
Other Critical Factors
Understands financial planning and advisory service concepts.
Disseminates and presents case findings to management, field management and other corporate staff and managers.
Exercises time management skills; ability to handle multiple tasks effectively and produce accurate work in a fast-paced environment.
Pay Transparency
Thrivent’s long-term growth depends on attracting, rewarding, and retaining people who are committed to helping others thrive with purpose. We accomplish this by offering a wide variety of market competitive compensation programs to attract, reward, and retain top talent. The applicable salary or hourly wage range for this full-time role is $70,737.00 - $95,704.00 per year, which factors in various geographic regions. The base pay actually offered will be determined by a variety of factors including, but not limited to, location, relevant experience, skills, and knowledge, business needs, market demand, and other factors Thrivent deems important.
Thrivent is unique in our commitment to helping people to be wise with money and live balanced and generous lives. That extends to our benefits.
The following benefits may be offered: various bonuses (including, for example, annual or long-term incentives); medical, dental, and vision insurance; health savings account; flexible spending account; 401k; pension; life and accidental death and dismemberment insurance; disability insurance; supplemental protection insurance; 20 days of Paid Time Off each year; Sick and Safe Time; 10 paid company holidays; Volunteer Time Off; paid parental leave; EAP; well-being benefits, and other employee benefits. Eligibility for receipt of these benefits is subject to the applicable plan/policy documents. Thrivent’s plans/policies are subject to change at any time at Thrivent’s discretion.
Thrivent provides Equal Employment Opportunity (EEO) without regard to race, religion, color, sex , gender identity, sexual orientation, pregnancy, national origin, age, disability, marital status, citizenship status, military or veteran status, genetic information, or any other status protected by applicable local, state , or federal law. This policy applies to all employees and job applicants.
Thrivent is committed to providing reasonable accommodation to individuals with disabilities. If you need a reasonable accommodation , please let us know by sending an email to human.resources@thrivent.com or call 800-847-4836 and request Human Resources.
At Thrivent, we believe money is a tool, not a goal. Driven by a higher purpose at our core, we are committed to providing financial advice, investments, insurance, banking and generosity programs to help people make the most of all they’ve been given. At our heart, we are a membership-owned fraternal organization, as well as a holistic financial services organization, dedicated to serving the unique needs of our customers. We focus on their goals and priorities, guiding them toward financial choices that will help them live the life they want today—and tomorrow.
For over 100 years, Thrivent has been helping people build their financial futures and live more generous lives. Today, it’s a Fortune 500 company that offers a full range of expert financial solutions, serving more than 2 million customers, as well as the communities in which they live and work.
Thrivent fosters a diverse workforce to serve our diverse clientele, reflecting a wide range of backgrounds and experiences. If you’re intrigued about our work and the possibility of becoming part of it, we invite you to visit Thrivent.com to learn more. You won’t just build a career; you’ll be part of an organization focused on growing, innovating, and serving.