Director, Supervision

Job Description:

Position Overview

The HTK Director for the Supervision Principals is responsible for supervising the daily transactions and activities of HTK Registered Representatives and Investment Advisor Representatives and providing ongoing support to Financial Professionals and Field Leadership. The Director will primarily be responsible for the FIS Protegent tool as the FIS Administrator.  This role includes collaborating with the technology department to support the ongoing implementation, testing, alert settings maintenance, and staff training related to the FIS Protegent Surveillance tool and its associated alerts.  This individual must be proficient in the processes and procedures that relate to the compliance/supervision functions within the office and must possess strong leadership skills and the ability to work independently. 

Responsibilities

• Supervise sales activities of registered representatives including the review of daily trade activity and performing suitability and best interest reviews for all investment sales including stocks, bonds, options, mutual funds, ETFs, alternative investments, structured products, and Annuities.
• Supervise sales activities of investment advisor representatives including the review of investment advisory new accounts and managed account transactions reviews
• Knowledge of policies and procedures for a registered investment advisor and broker dealer; for example, advertising and sales literature, email, outside business activities and private securities transactions
• Assist in Field related investigations as needed/requested
• Document RR activity and issues and provide monthly report to Field Leadership
• Coordinate audit requests as needed regarding activities of the Supervision Department
• Perform other related duties as assigned
• Monitoring system queues for designated offices and ensure workloads are distributed accordingly
• Manage the performance of team members and provide guidance and training when necessary
• Demonstrates a commitment to AI fluency by embracing AI tools and technologies to enhance individual and team performance, decision-making, and innovation.

Experience

• 7+ years supervisory experience with a Broker/Dealer or RIA.
• Proficiency with FIS or comparable surveillance platforms used for monitoring securities transactions
• Experience managing and leading a successful team
• Working knowledge and understanding of rules and regulations related to securities and insurance industries

Education/Licenses/Professional Designations

• Bachelor’s degree preferred
• FINRA Series 7, 24, 66 required
• FINRA Series 53, and 4 or ability to obtain within 6 months
• Life Insurance license preferred

Skills & Abilities

• Must have excellent oral and written communication skills and the ability to communicate and present to senior leaders.
• Experienced and skilled at relationship building.
• Adept at technology and proficient in Excel, Word, and PowerPoint.
• Excellent customer service orientation.
• Strong organizational skills and ability to multitask.
• Detail oriented
• Ability to influence others.
• Ability to collaborate with others and work in a team environment.
• Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement.
• Ability to lead a successful team

Base Salary Range - $140,000 - $160,000

For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.

Penn Mutual is committed to Equal Employment Opportunity (EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.