Director, Supervision

Job Description:

We're growing at Penn Mutual and looking to add a Director of Supervision with our HTK team. This role is responsible for overseeing the daily transactions and activities of HTK Registered Representatives and Investment Advisor Representatives. This role provides ongoing support to Financial Professionals and Field Leadership, ensuring compliance and operational excellence.

In addition, the Director will collaborate with the Technology Department to support the implementation, testing, and staff training related to the FIS Protegent Surveillance tool and its associated alerts.

This individual must demonstrate proficiency in compliance and supervision processes and procedures, possess strong leadership capabilities, and be able to work independently in a fast-paced environment.

Responsibilities

• Provide training and education on company policies and procedures; trading and operations, state insurance and securities regulations, and FINRA/SEC rules and regulations
• Supervise 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.
• Perform initial reviews of outside business activities and private securities transactions
• Review of advertising and sales literature
• Assist in Field related investigations as needed/requested
• Document RR activity, issues, and provide monthly report to Field Leadership
• Monitor system queues for designated offices and ensure workloads are distributed accordingly
• Manage the performance of team members and provide guidance and training when necessary
• Perform other related duties as assigned

Experience

• 7+ years supervisory experience with a Broker/Dealer or RIA.
• Proficiency with FIS or comparable surveillance platforms used for monitoring securities transactions
• 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, and 4 or ability to obtain within 6 months
• Life Insurance license preferred

Salary Range: $140,000 - $160,000

All Associates Exemplify Our Penn Mutual Values:

Acting With Integrity—We have the conscious intention to do the right thing.

Respecting One Another—We see each other’s distinctiveness as a valued asset.

Focusing on Relationships—We foster meaningful connections with others.

Sustaining Our Legacy—We are trusted guardians for what we promise.

A Shared Sense of Belonging—We evoke our place as part of a world that we influence and influences us.

For Leadership roles within Penn Mutual, we believe the below characteristics are essential:

Execution Focused—Gets it done.  Drives progress and results towards strategic objectives.

Strategic–Sees the big picture. Challenges boundaries, takes risks and innovates to execute and advance Penn Mutual’s strategy.

Authentic–Keeps it real. Is principled, transparent, trustworthy and accountable.

Decisive – Makes the call. Demonstrates courage, confidence and a bias for action.

Empowering – Develops people. Sets clear expectations, delegates effectively and encourages risk taking.

Influential – Sets the tone. Inspires, motivates and persuades others through their decisions and actions.

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.

For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.

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.