Manager, Supervision Details

Manager, Supervision

Penn Mutual Life Insurance - Horsham, PA

Employment Type : Full-Time

Position Overview

We are looking for 2 Managers, Supervision for our broker/dealer subsidiary, Hornor, Townsend & Kent (HTK). The Manager, Supervision is responsible for leading a field or home based supervision team. This team supervises the daily activities of Registered Representatives and Investment Advisor Representatives and provides ongoing support to Financial Professionals and Field Leadership. The Manager, Supervision will lead and provide direction to the Field Supervision Team Leads or to the HO Supervision team. 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

• Provides direct leadership to the Field Supervision Team Leads or Home Office field supervision team
• Provides training and education on company policies and procedures; trading and operations, state insurance and securities regulations, and FINRA/SEC rules and regulations
• Supervises sales activities of assigned registered representatives including the review of daily trade activity and performing suitability reviews for all investment sales including stocks, bonds, mutual funds, ETFs and Annuities
• Performs initial reviews of outside business activities and private securities transactions
• Performs review of advertising and sales literature
• Reviews and approves securities related correspondence
• Reviews and approves electronic communications and social media
• Assists in Field-related investigations as needed/requested
• Reviews RR responses to annual compliance and outside business activity questionnaires
• Documents RR activity and issues and provide monthly report to Field Leadership
• Oversees the workload distribution of the FSS teams
• Provides training to team members on new policies and procedures
• Manages the performance of team members and provide guidance and training when necessary
• Performs other related duties as assigned
• Ability to travel as needed

• 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

• 10+ years supervisory experience with a Broker/Dealer or RIA.
• 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, or ability to obtain within 6 months
• Life Insurance license a plus

Salary Level = 22

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.

Leaders may, at their discretion, change the responsibilities in this position description at any time due to reasonable accommodation and/or other business reasons.

About the Penn Mutual Life Insurance Company

Penn Mutual is committed to helping people live life with confidence. At the heart of this purpose is the belief that life insurance is central to a sound financial plan. Through our network of trusted advisers, we are dedicated to helping individuals, families and businesses achieve their dreams. Penn Mutual supports its advisers with retirement and investment services through its wholly owned subsidiary Hornor, Townsend & Kent, LLC, member FINRA/SIPC. Visit Penn Mutual at www.pennmutual.com.

About HTK: Hornor, Townsend & Kent, LLC (HTK) is a wholly owned broker/dealer subsidiary of Penn Mutual, with access to a full range of registered investment products and services, including mutual funds, stocks, bonds, variable life insurance products and annuities. HTK supports its representatives with a highly trained staff who are dedicated to providing the resources needed to help them meet their clients’ financial goals.