Operations Principal

Apply Description Operations Principal Reports To: Director of Operations Location: Indianapolis, IN, San Antonio, TX, Miami, FL, Omaha, NE or Portland, OR Type: Full-Time, On-Site with Hybrid Schedule Compensation Package: $100,000-$125,000 Base Salary (*commensurate with experience) + 10% Annual Bonus Eligibility + Competitive Benefits Package + Unlimited PTO Required Licenses: See details below. Join Our Team at Sanctuary Wealth - Sanctuary Wealth is a leading partnered independence platform for elite financial advisors and wealth management firms, designed to empower entrepreneurial teams to build, own, and grow their practices while delivering exceptional client outcomes. As a rapidly growing organization with a national network of partner firms and a fully integrated RIA and broker-dealer platform, Sanctuary provides the infrastructure, technology, and compliance support that allows advisors to focus on what matters most—serving clients and growing their businesses. Position Summary - The Operations Principal provides supervisory and compliance oversight to support the firm’s risk management framework across both brokerage and advisory business lines. This role is responsible for reviewing and approving new and ongoing business activities in accordance with firm policies, Written Supervisory Procedures (WSPs), and applicable FINRA, SEC, and state regulatory requirements. This includes the review of managed account and advisory agreements, brokerage account documentation, client profile updates, account maintenance requests, and transactions, as well as oversight of direct business and insurance-related products. The Operations Principal plays a critical role in ensuring all client and advisor activity is processed accurately, appropriately supervised, and aligned with regulatory standards. In addition to transactional review, this individual serves as a key control function within the firm—identifying potential risks, resolving exceptions, and supporting consistent application of supervisory policies across a high-volume, multi-channel advisory platform. Responsibilities Complete a thorough review of new business and service-related required paperwork for both brokerage and managed accounts Provide in depth knowledge of Written Supervisory Procedures as well as FINRA regulatory requirements in providing operational support to the firm Provide “five star” support, training and education as needed to operational support staff as well as related brokerage and advisory representatives Coordinate with advisors and support staff for the resolution of Not in Good Order “NIGO” paperwork as well as requested clearing or custodial support Promote an atmosphere of trust and support while providing solutions and ideas for process and procedure improvements Other operations department duties as assigned Requirements Qualifications 3-5 years of experience working in financial operations. Undergraduate degree in…