Principal, Advocacy and Supervision

Overview

About Us: At Cambridge, we are committed to helping advisors build thriving businesses and deliver meaningful outcomes to their clients. You'll join a culture rooted in kindness, collaboration, and continual growth-where your work directly contributes to the success of independent financial professionals nationwide. Cambridge is more than a financial solutions firm. It's a place where your career and passion intersect. We empower our associates to shape their future while helping financial professionals deliver meaningful outcomes for their clients. Realize your potential, make a positive impact, and discover your Something Wonderful!

Job Summary: We are seeking a detail-oriented and knowledgeable Advocacy and Supervision Principal to join our team. This role involves the review, analysis, and approval of daily financial transactions, ensuring adherence to external and internal policies, and providing exceptional support to financial professionals. The ideal candidate will play a key role in maintaining compliance, overseeing account approvals, and supporting the training of new financial professionals.

Essential Duties

What You'll Do:

• Transaction Review and Approval:
  • Effectively review, analyze, and approve daily transactions, including Mutual Funds, Variable Annuities, Variable Life, 529 Plans, and Direct Participation Programs/Real Estate Investment Trusts.
  • Ensure all transactions comply with regulatory standards and company policies.
• Policy and Procedure Compliance:
  • Monitor adherence to external and internal policies and procedures by registered representatives and staff.
  • Identify and escalate potential compliance issues as needed.
• Account Review and Suitability:
  • Conduct timely reviews and approvals of accounts, including the verification of Client Information and Suitability Forms.
• OSJ Trade Oversight:
  • Oversee and review Office of Supervisory Jurisdiction (OSJ)-approved trades daily to ensure accuracy and compliance.
• Support and Troubleshooting:
  • Provide professional and courteous problem-solving and troubleshooting support via phone, voicemail, email, and occasionally in person.
  • Assist existing and new financial professionals, as well as internal staff, with inquiries and issues.
• Training and Development:
  • Assist in organizing and conducting training sessions for new financial professionals, including phone training and administrative workshops.
• Collaboration and Escalation:
  • Work closely with the Manager of Direct Operations and senior management to address escalated issues and provide updates as needed.

Education & Experience

What are we looking for?

The ideal candidate would possess an intermediate level of experience, typically around 5+ years of experience in compliance, industry regulations, procedures/policies or a related field within the financial industry.

Certificates & Licenses

This job requires obtaining FINRA Securities Industry Essentials (SIE), Series 7 and 24.

Salary Range

$70,000-80,000. The salary range provided is a good faith estimate based on the ideal candidate's qualifications, the company's operational needs, and other factors permitted by law. Actual compensation may vary depending on experience, skills, education, performance, internal equity, and geographic location.

Why Cambridge?

Cambridge has competitive benefits and promotes a work/life balance to encourage individual success.

• Premium benefit package including medical, vision, dental, life and long-term disability insurance
• Vacation/sick time
• 401K retirement plan with company matching program
• Eleven paid holidays

You can find more details about our comprehensive benefits package here.

Company Overview

At Cambridge, our purpose is simple: to make a difference in the lives of our financial advisors, their clients, and our associates. Founded in 1981, we have nearly 45 years of experience supporting independent financial advisors with industry-leading tools, compliance, and transition services. Guided by our core values-integrity, commitment, flexibility, and kindness-we put financial advisors first in every decision we make.

Cambridge is an internally controlled, growth-focused independent broker-dealer with $254 billion in assets under advisement and $1.97 billion in annual revenues. We rank among the largest and fastest-growing firms in the industry, providing financial advisors with the flexibility, resources, and support to thrive. With home offices in Fairfield, Iowa, and Phoenix, Arizona, and a nationwide reach, our 900 associates maintain a 4:1 advisor-to-associate ratio to ensure personalized service.

Our community of over 4,000 producing financial advisors includes diverse business models-RIA, corporate RIA, hybrid, fee-only, and brokerage-and offers a broad selection of investment solutions with no proprietary products. At Cambridge, we are committed to building a diverse, inclusive, and empowering workplace, where 60% of our associates and 18% of our financial advisors are women, and 17% of our advisors are under 40.

Join us to help financial advisors succeed, make an impact, and discover your Something Wonderful. For further information about Cambridge, please visit

Work Environments

This role offers a hybrid schedule, requiring three days weekly in the office. Applicants should be located near one of our hubs (Fairfield, IA or Phoenix, AZ) and must be willing to work this schedule. Cambridge is not considering remote candidates at this time.

Work Authorization/Sponsorship

We are not currently considering applicants that need any type of immigration sponsorship now or in the future to work in the United States. This includes, but is not limited to: F1-OPT, F1-CPT, H-1B, TN, L-1, J-1, etc.

Recruiting Agencies

This position is being managed directly by Cambridge's Talent Acquisition team. We will reach out to our preferred agency partners in the rare instance we require additional talent options. Fees will not be paid for unsolicited submissions. Your respect for this process is appreciated.