Wealth Management Registered Principal

Job Description

JOB INFORMATION

Title:

Wealth Management Registered Principal

Officer Title:

Grade:

31

FLSA Classification:

Exempt

Date Last Edited:

12/4/2025

Reports To:

Head of Wealth Management

Department:

Wealth Management

URL Link

https://hvfcu.jdxpert.com/ShowJob.aspx?EntityID=2&jobcode=1172

PRIMARY FUNCTION

Ensure Wealth Management at Hudson Valley Credit Union's activities comply with all relevant securities and insurance industry regulatory requirements, maintaining a strong knowledge of regulation and industry best practices. Oversee compliance activities for all registered representatives of the Broker-Dealer and dually registered representatives of LPL Financial (the Referred Broker-Dealer) by developing and implementing firm-wide compliance policies and working with relevant business units in the development of internal controls and procedures to protect clients, associated persons, registered representatives, the Broker-Dealer and Hudson Valley Credit Union. Mitigate compliance risk exposure through the development, planning and execution of process and procedures, providing day-to-day leadership, direction and support.

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Assume OSJ responsibilities in an acting capacity if VP of Wealth Management is out of the office for more than 2 conservative days.

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Assist the VP of Wealth Management with executing departmental and organizational objectives as assigned.

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Audit & Monitoring: Conduct regular assessments, and reviews to ensure compliance with regulatory guidelines and internal policies. Coordinate Broker-Dealer audits, prepare responses, and implement necessary corrective actions to address findings.

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Attend credit union direct report meeting to represent Wealth Management when assigned.

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Be a compliance liaison with HVCU Risk

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Owner of Wealth vendor management (Wolfpack)

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LPL licensing and registration coordinator

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Review HVCU Compliance with regards to Wealth Management

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Serve on various internal/external committees, teams and projects as determined by Head of Wealth Management.

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Serve as primary Wealth risk management/compliance resource providing guidance/support to Wealth employees, associated persons and Hudson Valley Credit Union departments.

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Ensures compliance with all Credit Union policies and procedures as well as Federal and State regulatory requirements

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Conduct training within credit union to educate employees on the compliance of Wealth Management.

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Participate in continuing education classes as required to maintain licenses/professional designations within the securities industry on an annual basis.

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Remain current on industry trends.

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Attends training programs, conferences and meetings as required to gain industry knowledge and establish relationships with other professionals in the field of Wealth Management

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Supports the Credit Union’s quality initiative through teamwork and provides quality services to members/employees.

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Presents a neat and professional appearance and work area.

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Adhere to all Credit Union policies, procedures, and regulatory agency requirements. Participate in all required and recommended training and development including, but not limited to, Bank Secrecy Act training (BSA) and demonstrate attained knowledge. Participate on Credit Union teams, projects and strategic initiatives when the opportunity arises. Perform additional duties and special projects as assigned.

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Embrace and apply HVCU’s guiding principles to all activities and responsibilities. This includes the Credit Union’s Mission, Vision, Core Values, Employee and Member Value Propositions, Sales and Service Model, and commitment to Lean Six Sigma practices. Support the Credit Union’s initiatives by demonstrating teamwork and professionalism.

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Responsible for regular and predictable attendance including punctuality.

Associate’s Degree or at least 2 years equivalent experience for each undergraduate year not completed; undergraduate degree cannot substitute for minimum number of years of experience.

X

Series 7, 63, 65, and NYS Life and Health licenses required

X

Series 24 required or ability to obtain within 180 days

X

Clean U4 required.

X

Experience in industry, preferably in a banking or credit union environment

X

Previous management/leadership experience

X

Experience in the area of alternative investments

X

Bilingual (Spanish)

X

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Excellent member service and presentation skills.

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Must have excellent verbal, written, interviewing and presentation skills.

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Must demonstrate strong analytical, communication, and interpersonal skills as well as effectively communicate with senior management.

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Ability to understand and apply intermediate mathematical concepts.

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Working knowledge of MS Word, Excel and PowerPoint.

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Must be able to learn new software products.

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Ability to multi-task and handle varying deadlines within a fast paced work environment.

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Excellent member service and presentation skills.

PHYSICAL DEMANDS

Frequency

Physical Demand

Weight (lbs.)

Frequently

Sit for prolonged periods of time

Frequently

Required to communicate verbally

Frequently

Normal range of vision and hearing abilities required

Occasionally

Lift and/or move objects

30

Occasionally

Works rotating shifts as needed and has flexibility to work additional hours including nights, weekends and holidays as required.

WORK ENVIRONMENT

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Typically the noise level in the work environment is low to moderate.

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May experience occasional job stress in dealing with difficult situations and/or high volume.

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High energy, high impact atmosphere.

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There are no significant hazardous conditions.

View Competencies

Service Excellence

Consistently incorporates Hudson Valley's member and employee value proposition, reinforcing organizational culture and brand differentiators.

Level 1

1. Anticipates and meets the needs of both internal and external customers. Delivers high quality service and is committed to continuous improvement.

2. Consults with management on modifying business processes to enhance service delivery. Monitors own work to ensure quality and apply feedback to improve performance.

3. Integrates core values into the way work is done and how relationships are conducted.

4. Possesses knowledge of customer service concepts and techniques; ability to meet or exceed customer needs and expectations and provide excellent service in a direct or indirect manner.

5. Tailors communications based on others’ needs, motivations and agendas.

Flexibility and Adaptability

Adapts as needed; knowledge of successful approaches, tools, and techniques for dealing with changes and adapting to a changing environment.

Level 2

1. Accepts new or radical ideas with an open mind; avoids snap reactions.

2. Adjusts to new or changing assignments, processes, and people.

3. Demonstrates ability to successfully manage multiple tasks and priorities.

4. Demonstrates willingness to listen to other opinions.

5. Identifies and considers alternative approaches to situations or problems.

Work Standards

Sets high standards of performance for self and others; assumes responsibility and accountability for successfully completing assignments or tasks.

Level 2

1. Documents how results were obtained to support knowledge transfer and best practices.

2. Helps others drive tasks to completion as appropriate.

3. Holds self and others accountable for delivering on all commitments.

4. Identifies actions necessary to achieve task completion and to obtain results. Meets schedules, deadlines, and performance goals.

5. Recognizes the need for assistance and secures additional resources as needed. Escalates issues and unusual findings that could have an adverse impact on the business.

6. Understands and appropriately applies principles, procedures, requirements, regulations, and policies related to role.

Regulatory Environment - Financial Services

Knowledge of and ability to help an organization adapt to applicable federal, state, local, and company-specific regulations, policies, and guidelines affecting business practices.

Level 3

1. Supervises the management of financial services regulations that impact multiple lines of business.

2. Coaches others on federal, state, or local laws that apply to the company.

3. Investigates the costs and operational aspects involved in monitoring and adherence.

4. Evaluates key business benefits, drawbacks, and the rationale for standards and regulations.

5. Advises on external regulatory agencies that govern compliance to financial service operations.

6. Examines the impact of various policies and regulations on the customer.

Accuracy and Attention to Detail

Understanding of the necessity and value of accuracy and attention to detail; ability to process information with high levels of accuracy.

Level 3

1. Processes large quantities of detailed information with high levels of accuracy.

2. Productively balances speed and accuracy.

3. Implements a variety of cross-checking approaches and mechanisms.

4. Evaluates and makes contributions to best practices.

5. Demonstrates expertise in quality assurance tools, techniques, and standards.

6. Employs techniques for motivating personnel to meet or exceed accuracy goals.

This job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee in this position.  Additional functions and requirements may be assigned by supervisors as deemed appropriate, with or without notice.

Nothing contained in this material creates a contract of employment between an employee and Hudson Valley Credit Union or otherwise alters the at-will nature of the employment relationship.

Are you able to perform the essential functions listed in this job description with or without reasonable accommodation?  YES_______  NO_______

By signing below you certify that you have received this job description and understand the requirements, essential functions and duties of the position.  If you are currently employed in this position, your signature acknowledge that this job description accurately describes the position, including its essential functions.

Name:  _____________________________________________

Signature: _____________________________________________

Date:  _____________________________________________ 

Please also note that Hudson Valley Credit Union respects the religious beliefs and practices of employees and will, on request, reasonably accommodate its employees when a reasonable accommodation is available that does not create an undue hardship on the Credit Union’s business.  Therefore, unavailability for work due to religious observances or practices may not be a bar to employment.