Supervisory Principal Sr. (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. If you're looking to be a part of a high performing, collaborative, and dedicated team, M Financial Group is in search of our next Supervisory Principal Sr. to join our team.

Act as Senior Supervisory Principal for the Financial Professionals 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. Act as additional point of contact for Supervisory Principals, fielding questions, issues, and concerns and escalating to Manager, Supervision as needed.

RESPONSIBILITIES

Supervisory Principal

• Act as OSJ supervisor for Member Firm offices, 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.

• Act as SME for Supervisory Principals, providing training and guidance on issues, new policies, and strategic initiatives

• Act as second-level reviewer for complex and escalated trades or inquiries within the Supervision team

• Support the Manager, Supervision on investigations, escalations, and ad hoc requests from Member Firms and/or other M business units

• Conduct quality control analysis on supervisory functions to ensure adherence to stated policies and procedures

• 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

• Participate in committees and project work, as needed, acting as the delegate on behalf of Supervision.

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

• Support the broker-dealer's response to regulatory inquiries and requests

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

• Conduct supervisory training sessions

• Act as Supervision SME for field communications regarding supervisory policies and procedures

Miscellaneous

• Serve as primary point of contact for general Supervision inquiries from other M business units

• Perform other duties as assigned

QUALIFICATIONS

• Bachelor's degree in Finance, Business Management or equivalent preferred

• 7-10 years of industry experience, preferably in Compliance and Supervision

• Securities Licenses: Series 7, 24, 53, 63 and 65 or 66 (if Series 53 is not currently held, it will need to be obtained within 6 months of employment)

• Life insurance license or ability to obtain within 6 months of employment

• Prior management/leadership experience preferred

• Strong aptitude for understanding 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; state regulations; and Regulation Best Interest

• Experience with reviewing legal documents

• Demonstrated ability to solve complex problems, find resolution to those problems, and recommend corrections

• Excellent oral and written communication skills; strong attention to detail and excellent organizational skills

• Excellent 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 Office, Internet and database management programs

• Proven ability to keep track of, prioritize, and report status of multiple projects

• Ability to work effectively, both independently as well as a member of a team

COMPENSATION AND BENEFITS

Base Salary Range: $93,500 - $130,000

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

• 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

• Light Travel (less than 15%)

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.