Financial Manager of Registration and Licensing
Are you interested in working for a collaborative organization that brings together innovative thinkers and experts? Is working for a company committed to their clients’ interests and are leaders in their field important to you? If you are a builder and thrive on delivering extraordinary experiences that leave a lasting legacy, you need to read on.
Our client is looking for a Dallas-based Manager of Registration and Licensing (R&L) to ensure their organization is compliant with FINRA and SEC regulations. Leading a small R&L team, you will partner with the Head of Wealth Solutions and the Chief Compliance Officer to fulfill regulatory obligations with respect to its broker/dealer, investment advisory and insurance licensing. You will develop their R&L programs, policies, and procedures to minimize their exposure to risk. You and your team will also manage all R&L activities, continuing education, and support for each individual producer on their team as well as the producers on staff with each of their client’s 140 Member Firms across all 50 states. You will tap into your strong technical skills to assist with the development of automated processes and procedures to enhance their R&L efficiencies. Your relationship management and communication skills will be paramount for your success as the R&L consultant and advisor to Member Firms. Your management, coaching, and mentorship skills will enhance the dedication and performance of your team.
Fast forward a year, what will you be doing?
Having completed your audit of registration and licensing within their Securities team, you have created a clearly defined manual of R&L compliance policies and procedures. You have ensured that each Member Firm producer is appropriately licensed in the correct state and/or jurisdiction. You have developed positive, solutions-oriented relationships with the Member Firms and are continuing to provide value-added and efficient R&L services including onboarding and monitoring all registered reps for continuous education completion. You have effectively communicated policies and procedures internally and to Member Firms and are assisting with training. You remain current with federal and state laws and regulations regarding registration and licensing, and you are assisting as needed with regulatory audits by FINRA, SEC, and state insurance and securities regulators. You and your team are leveraging technology to ensure their R&L compliance is always up to date and exceeding the needs of the firm. With you as their leader, your team is proactive, motivated, and high performing. You are respected, successful, and happy.
How will you get there?
30 days:
Meet leadership and compliance team
Understand the organizational structure and how the Member Firms utilize their Securities Group
Begin strategy to build R&L policies and procedures
Start assessment of team and R&L needs of Member Firms
Begin audit of correct state R&L requirements of registered reps
Start to pursue or renew any missing required licenses
90 days:
Training has started where gaps were identified among the team and Member Firms
Registered rep audit is completed; reps are registered in appropriate states
Making solid progress on the policies and procedures manual; building out the investment advisor R&L process; validating, updating, etc.
Overall R&L compliance roadmap/strategy is visible and on a path forward
6 months:
You have obtained or renewed any missing license requirements
R&L compliance strategy is solidified; clear vision for standing up and achieving a fully functioning R&L compliance practice
R&L policies and procedures manual is complete or near completion
Team is aligned, trained, and exhibiting an internal fire for success
What you will need:
Bachelor’s degree
Minimum of 3-5 years of registration and licensing experience in the financial services and insurance industries
Expertise in FINRA and SEC regulations
Minimum of 3-5 years of management/leadership experience; ability to inspire and move teams forward
Securities Licenses: Series 7, 24, 63 and 65 or 66 or ability to obtain within 6 months of employment
Life insurance license or ability to obtain within 6 months of employment
Possess proven success in a change management environment
Excellent verbal, written, and presentation skills
Strong organizational skills with attention to detail
Well-developed technical/computer skills
Complex problem solver with a high level of personal integrity
Our client is a community of leaders comprising the best and brightest minds in their industry. Their network of 140 Member Firms delivers expert advice and guidance to high-net-worth clients who need complex insurance and financial planning services. This includes life insurance, wealth planning, executive benefits, retirement services, and investment management. By combining individuals’ expertise and skill, our client has become a powerful force committed to advancing the interests of their industry, communities, and clients for over 40 years. Their solutions are rooted in the diverse expertise of their team, their collaborative approach to innovation, and comprehensive support.
Our client embraces a progressive, dynamic mindset for every role. They provide a professional community that actively supports individuals with diverse backgrounds and perspectives who come together to build and support best-in-class solutions. They are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.