Registered Options Principal Jobs (NOW HIRING)

As a Suitability Principal (VUL & Group Plans) you will conduct back-office review and firm-acceptance of as well as suitability reviews for accounts clearing through National Financial Services (NFS). In this role, as well as all roles within MassMutual, you will demonstrate accountability, agility, a dedication to be inclusive, a strong business acumen, and will show courage, even in the most difficult situations. We also highly value strong communication skills, a passion for learning, leadership traits, resilience and self-awareness.

The Team

The MML Investors Services, LLC New Business Team is comprised of highly skilled, financial services professionals who render collaborative new business reviews  to our Financial Advisors. Team members demonstrate high levels of competence in the areas of resilience, accountability, agility, and are focused on continuous improvement and development. The team culture is collaborative, cross-functional, and fosters high performance results with an emphasis on encouraging a healthy work/life balance. We seek to provide best-in-class service to sophisticated Advisors as they provide their clients with a holistic suite of wealth management products and solutions. Specifically, this position will sit on the MMLIS Special Product New Business Team. This team supports variable life and group retirement plan reviews  and may support the review of other new business investment classes.

The Impact

Key Responsibilities Include:

• Conduct back-office review and firm-acceptance of new and existing submissions related to Brokerage, Direct and Third-Party Advisory accounts

• Review trading activity of registered representatives through supervisory control procedures and application of firm policies and procedures and will require the associate to eventually become a subject matter expert for all previously referenced lines of Inforce Business, including a solid understanding of our platforms and systems

• Determine root cause of issues, provide solutions, and resolve matters independently without management supervision at times.

• Implementation and management of operational and supervisory procedures for the firm

• Ability to effectively communicate with registered representatives, agency personnel, and internal business partners such as Compliance, Field Inspection, and Regional Supervisory Directors. Specialized regulatory review of securities such as Options trading and Municipal Securities may be required. Involved daily in complex problem resolution requiring higher level critical thinking

• Consult with registered representatives, Agency Supervisory Officers and Regional Supervisory Directors, providing guidance on suitability concerns and guidelines

• Consistently identify and report to management on trending and risk mitigation measures

The Minimum Qualifications

• FINRA Series 7 & 24 required at time of application

• 2+ years MMLIS Experience or 3+ years' experience within the brokerage/advisory space

• High School Diploma or equivalent

• ** Principals working 100% remotely may be subject to on-site inspection by MML and/or regulators

• ***Candidates residing within 50 miles of the MassMutual Springfield office will be expected to work a Hybrid schedule of 3 days a week in the office

The Ideal Qualifications

• 3+ years MMLIS experience and / or 5+ years' experience conducting suitability reviews within the brokerage/advisory space

• 2+ years experience with variable universal life and group retirement plans

• 2+ year experience with Microsoft Excel and performing pivot tables

• Ability to work in a fast paced, ever changing environment

• High degree of ownership and sense of urgency

• College degree preferred with a concentration in business or finance.

• Superior customer service skills

• Excellent interpersonal skills; team player, self-motivated; patient demeanor; approachable style

• High aptitude for effective problem resolution

• Strong organizational and time management skills are essential.

• Passion for embracing business process improvement opportunities.

• High aptitude for effective problem resolution

• Must be able to think independently and tactfully challenge the opinions of others