Manager, Licensing

Are you ready to lead a dynamic team? MWA Financial Services, Inc. (MWAFS), a registered broker/dealer, investment adviser and wholly-owned subsidiary of Modern Woodmen of America, is seeking a Licensing Manager to lead a team responsible for managing the firm's securities licensing and registration needs, with a focus on contracting prospective registered representatives and investment adviser representatives. You will oversee staff, report metrics, implement licensing technology solutions, create licensing policies and procedures, respond to regulatory requests, maintain records, and execute the annual firm renewal program. If you are a strategic thinker with a passion for excellence, we want you on our team!

Modern Woodmen of America is the nation’s third largest fraternal benefit society with assets over $18B. Fraternal benefit societies are unique membership organizations with peculiar names that pair the “member owned” characteristic of a mutual insurance company with the “social mission” characteristic of a service organization. They unite individuals with common bonds, provide a variety of life insurance and investment products, and form one of the nation’s most effective volunteer networks.

Responsibilities:

• Direct all firm licensing and registration requirements.
• Oversee associated persons and representative onboarding; effectively communicate the licensing/affiliation requirements of the firm, and advise and report on the status of individual and firm licensing activities; conduct due diligence and approval as needed.
• Manage the development, maintenance and implementation of written policies, processes and procedures as they pertain to the registration and licensing requirements of the Broker-Dealer and Registered Investment Adviser.
• Maintain and/or adopt appropriate licensing technology solutions, including workflow, systems integrations, data feeds and other software.
• Respond to regulatory inquiries, federal and state examinations, and file regulatory reports as necessary.
• Successfully execute the firm’s annual renewal program.
• Identify and implement process improvements when needed.
• Coach, guide and mentor a high performance team, meeting or exceeting Modern Woodmen’s established Service Principles.
• Provide support to the President of Modern Woodmen of America Financial Services, as well as other business unit staff.

What we need:

• Bachelor’s degree required in Finance, Accounting, Business Administration, or equivalent combination of education/experience required.
• Active FINRA Series exams: SIE, Series 7, 24, 66 or willingness to obtain them within one year of hire.
• 7 years of experience in a securities, finance, regulatory or other business/leadership role.
• Knowledge of FINRA and SEC rules and regulations necessary.
• Strong research skills.
• Excellent interpersonal, analytical, written, and verbal communication skills.
• Organize and prioritize daily tasks while working independently.
• Anticipate and provide solutions to complex issues.
• Define expectations and make decisions.
• Lead others with purpose and clear direction.

What we offer: 

• Pay: The annual pay range for this position is $110,000-$125,000. The specific rate will depend on the successful candidate’s qualifications and prior experience.
• Work Arrangements: This is a full-time office-focused position: 37.5 hours per week (7.5 hours per day), Monday- Friday, with flexible start time between 7:00AM-9:00AM. Office-focused positions work on-site due to the nature of the work and have limited remote days.
•  Stability: Modern Woodmen has been Modern Since 1883_SM and exists for our members. We make long-term decisions that provide stability to our employees, financial representatives, and members.
• Respect for Personal Time: We offer vacation, sick leave and 11 paid holidays. We value your time outside of work and offer careers that blend work and life well.
•  Professional Growth: Benefit from our commitment to employee development which includes educational offerings to enhance your knowledge of our industry.
• Great Culture: We build strong working relationships across our organization through collaborative work and volunteer opportunities.
• A Beautiful Office: Enjoy a beautiful view! Our home office, located in downtown Rock Island, IL, has a lovely plaza overlooking the Mississippi River.
• On-site café: Our employees can purchase a variety of breakfast, lunch, and beverage options at Café 1883.
• A Thriving Local Community: Not from the Quad Cities and hesitant to consider relocation? Give it some thought. The Quad Cities offers an idyllic Midwestern lifestyle along the mighty Mississippi and consistently ranks at the top of the list for quality of life and cost of living. It is home to more than our share of artists, festivals, and fun in every season.
• Exceptional Benefits: Our comprehensive benefits package is designed to support your health and financial well-being. Benefits include:

• Company-paid retirement plan
• Matching 401(k) Plan
• Medical, Dental, Prescription drug Insurance. We pay 100% of employee health insurance premium and 50% of employee dependents’ premiums.
• Group Term Life Insurance
• Long-term and short-term disability.
• Voluntary benefits: Vision, Flexible Savings Accounts, Accident Insurance

Modern Woodmen is an equal opportunity employer. Modern Woodmen is committed to providing a respectful environment where each person’s diverse opinions, attitudes, attributes, and feelings are respected.

Salary : $110,000 - $125,000