Supervisory Principal I (Portland, OR or Dallas, TX)

M Financial Group is a community of leaders comprising the best and brightest minds in our industry. By combining individuals’ expertise and skill, M Financial Group has become a powerful force committed to advancing the interests of our industry, communities, and clients for over 40 years.  M’s solutions are rooted in the diverse expertise of our team, our collaborative approach to innovation and our comprehensive support.

We embrace a progressive, dynamic mindset for every role.  M Financial Group provides a professional community that actively supports individuals with diverse backgrounds and perspectives who come together to build and support best-in-class solutions.

The Supervisory Principal I serves as primary point of contact for inbound supervision-related inquiries and issues and provides timely responses or redirects/triages accordingly. This position provides back-up Supervisory Principal support for the representatives of M Holdings Securities, Inc. (M Securities) to ensure compliance with FINRA and SEC regulations and to assist M Securities in fulfilling regulatory obligations regarding supervision of Branch Offices through implementation of policies and procedures.

RESPONSIBILITIES

Supervisory Principal

• Act as primary point of contact for inbound supervision-relation inquiries and issues and provide timely responses or redirect/triage accordingly.
• Act as a backup Supervisory Principal for Member Firms by performing the duties outlined in the M Securities Compliance Manual, including paperwork review and approval, trade blotter and exception report review, and resolving supervisory issues or deficiencies.
• Consult with Member Firms on broker/dealer issues, offerings, and best practices.
• Keep current with federal and state laws and regulations, assisting with updating M Securities policies and procedures as requested.
• Conduct quality control review of Supervisory Principal tasks, ensuring adherence to Written Supervisory Procedures; identify opportunities for improvement.

Policies and Procedure Implementation

• Assist with the development and implementation of supervision programs, policies, and procedures for the broker/dealer.
• Assist with development of automated processes and procedures to enhance broker/dealer efficiencies.

Member Firm Engagement and Communications

• Respond to compliance and supervision-related inquiries and issues from Member Firms in accordance with Compliance and Supervisory procedures.
• Effectively communicate supervision policies internally and to Member Firms through comprehensive training and continuing education programs.
• Assist with the development and implementation of supervisory training for internal M Securities team and Member Firm staff.
• Support the coordination and development of content for Member Firm-facing communications.
• Conduct supervisory training sessions.

 QUALIFICATIONS

• Bachelor’s degree (Finance, Business Management or equivalent) preferred
• Securities Licenses: Series 7, 24, 63 required
• Life insurance license or ability to obtain within 12 months of employment
• Minimum of 1 year of progressively responsible, related work experience
• Experience with reviewing legal documents
• Basic understanding of complex and changing security laws and regulations
• Familiarity with the Investment Advisors Act of 1940; Securities Act of 1933 and Investment Company Act of 1940; FINRA and SEC rules; and state regulations
• Excellent oral and written communication skills; strong attention to detail and excellent organizational skills
• Strong presentation, training, and education skills
• Well-developed interpersonal skills and the ability to establish and maintain effective working relationships with Member Firms, Carriers, state and federal regulators and M Team members
• Well-developed computer skills, including the use of MS Word, Excel, PowerPoint, Internet and database management programs
• Proven ability to keep track of, prioritize, and report status of multiple projects
• Ability to solve complex problems, find resolution to those problems, and recommend corrections
• Ability to work effectively, both independently as well as a member of a team

COMPENSATION AND BENEFITS

Salary will be commensurate with relevant experience, knowledge, and skills.
You will also be eligible for an annual incentive plan bonus.

M Financial offers a comprehensive benefits package, including: 

• Medical/Vision Insurance
• Dental Insurance
• Short-Term and Long-Term Disability Insurance
• Life Insurance
• Modern Health (Mental Health Therapy and Coaching)
• Empathy (Bereavement Support)
• Employee Assistance Program
• Life Insurance
• FSA (Health and Dependent Care)
• HSA (for qualified medical plan)
• Long-Term Care Insurance
• 401(k) Match
• Tuition Assistance

JOB CONDITIONS AND ENVIRONMENT 

• This position is based on-site at our offices in Uptown at the Quad in Dallas, TX with the flexibility to work one day remotely
• Normal office environment/desk assignment
• Extensive use of PC’s, computer terminal, display, keyboard, and mouse
• Extensive hands-on work with documents, spreadsheets, and other written documents
• Ability to travel approx. 15% of the time

This position description is not intended to be and should not be construed as an all-inclusive list of responsibilities, skills or working conditions associated with this position. While this description is intended to accurately reflect the position’s activities and requirements, management reserves the right to modify, add or remove duties as necessary.

M Financial is proud to be an equal opportunity workplace.