VP, Administrative Manager

VP, Administrative Manager

VP, Administrative Manager




Ref 45001
Country USA
City Los Angeles
Business Area Global Compliance
Contract Type Permanent
Estimated publish end date

Department OverviewBarclays Wealth is a leading global wealth manager, and the UK?s largest. With offices in 25 countries, Barclays Wealth serves affluent, high net worth and intermediary clients worldwide, providing international and private banking, investment management, fiduciary services, and brokerage.
Barclays Wealth is part of theBarclays Group, a major global financial services provider engaged in retail and commercialbanking,credit cards,investment banking,wealth managementandinvestment management services.With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 144,000 people. Barclays moves, lends, invests and protects money for over 48 million customers and clients worldwide.
For further information about Barclays Wealth, please visit our websitewww.barclayswealth.com.
It is the policy of Barclays Capital to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, disability, veteran status, genetic information, or any other basis protected by law.

Main FunctionThe Role of the Administrative Manager is to implement and ensure that internal and external policies and procedures are followed. Additionally, other Branch administrative functions may be assigned to the Administrative Manager. This role will have a fixed reporting line into the Regional Administrative Manager.

Main Duties
Responsible for branch?s overall Sales Practice effort, including but not limited to:
? Ensuring adherence to internal policies and regulatory requirements
? Accountable to understand and fulfill all responsibilities but not limited to responsibilities identified on Administrative matrix
? Develop, implement and modify as needed Sales Practice programs for entire branch office
? Communicate compliance, sales practice and legal issues of importance to senior management
? Coordinate and manage audits conducted by regulatory agencies and internal audit department
? Conduct yearly book reviews with brokers in conjunction with the Regional Manager
? Facilitate the execution of certain transactions that require Compliance and/or legal intervention
? Investigate and resolve customer complaints involving sales practice, operational and administrative issues
? Inform & educate Sales Force, senior management, operational and support staff of continually changing industry rules and regulations
? Execute all Sales Practice functions in conjunction with the Regional Manager
? Assist in achieving the Firm?s goal to generate revenues while balancing the department?s obligation of adhering to internal and external rules and regulations
? Approve and review discretionary and advisory accounts which may carry additional risks to the Firm
? Included but not limited to: review of daily trade blotters and Alerts, conducting book reviews, approving new accounts, enforcing documentation policy, suitability review, review of advisory accounts, review of employee trading, and review of errors
? Manage support staff

*LI

Person Requirements
Basic Qualifications:

? BA/BS degree is required.
? 7+ years broker/dealer and/or branch brokerage sales experience with an expertise in compliance and/or business control.
? Series 7, 63 or 66 , 8 or 9/10 licenses required.
? 3+ years experience identifying risk associated with trade activity, client suitability, excessive trading, general sales practice issues


Preferred Qualifications:
? Series 3
? Strong communication and writing skills.
? Team player, action oriented, with a focus on continuous improvement in all areas of your work.
? Must have the ability to prioritize and escalate matters of concern.
? Experience speaking/engaging with sophisticated HNW, institutional clients and sales personnel.