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Retirement Plan Services Manager
<p style="text-align:left"><u><b>Job Description:</b></u></p><p>The <b>Retirement Plan Services Manager </b>(RPSM) will be responsible for the development and day-to-day support of HTK's qualified and non-qualified retirement plan program and product offerings. RPSM shall also serve as the SME in providing solutions as well as regulatory guidance, in conjunction with Compliance and/or Legal, to HTK's financial professionals. This role will work closely with HTK's Compliance, Supervision, BD and RIA Product, Sales Support and Business Development, BD and RIA Operations, and Marketing teams.<br><br>We’ve embraced a flexible, hybrid approach to work. Based on your role and personal preference, we empower you to choose where you work best. This model allows you to balance your life and bring your whole self to work.<br><br><b>Responsibilities</b></p><ul><li>Responsible for managing HTK’s retirement plan platforms and product offerings including any web based applications. This is inclusive of billing support.</li><li>Stay current on the regulatory framework surrounding the retirement plan industry which is inclusive of ERISA knowledge related to qualified retirement plans.</li><li>Ongoing engagement with HTK financial professionals to discuss their respective retirement plan business practices and HTK’s products and offerings and how they may best fit a financial professional’s practice;</li><li>Establishment of, at minimum, quarterly business review meetings with retirement plan product providers.</li><li>Establishment of periodic meetings with HTK’s Product Team and Sales Support and Business Development team;</li><li>Perform regular due diligence of approved retirement plan providers, including a detailed review of responses to HTK’s questionnaires, public disclosures (ADV), IA agreements and may also include on-site visits with firms.</li><li>Research and propose new retirement plan product offerings.</li><li>Partner with RIA Compliance and enterprise Legal to ensure updating amendments, ADV’s, policy & procedures, client agreements, are current with respect to HTK’s retirement plan product offering.</li><li>Develop HTK’s ongoing retirement plan training program for financial professionals.</li><li>Periodic attendance and/or presentation at HTK’s and/or industry conferences or regional summits. Perform due diligence and provide detailed analysis on requests/submissions from the field. Analysis would include, but not be limited to, assessing the various risk factors with a given product, carrier, and/or investment platform.</li><li>Serve as a member of HTK’s Product Committee and assist HTK’s Product Committee regarding how HTK might mitigate undue risks.</li><li>On-boarding of approved products and selling agreements by working with various functional areas i.e., legal, compliance, commissions, operations, etc.</li><li>Provide leadership to other team members.</li></ul><p><br><b>Skills and Abilities</b></p><ul><li>Strong qualified plan industry, Defined Contribution plan design and ERISA knowledge. This includes but is not limited to 401k, 403(b), 457, Simple, SEP, etc.</li><li>Detailed knowledge of investment products including UMAs, SMAs, mutual funds, variable annuities/life, ETFs, non-traded REITs, alternative investments, etc.</li><li>Thorough understanding and working knowledge of investment concepts including but not limited to:<ul><li>Financial and economic markets/ drivers</li><li>Performance attribution and style analysis for <span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">quantitative/qualitative</span> analysis</li><li>Modern Portfolio Theory (MPT) and portfolio measurements</li><li>Beta, Sharpe ratio, Alpha, Standard Deviation, etc.</li><li>Strategic and tactical management styles</li><li>FFO/ MFFO and applicable alternative investment measurements</li></ul></li><li>Knowledge of broker dealer/RIA operations, compliance, and asset management platforms.</li><li>Proven ability to build relationships at all levels across the organization.</li><li>Excellent organizational skills and demonstrated ability to manage multiple tasks simultaneously under tight deadlines.</li><li>Ability to work with others in a collaborative team environment.</li><li>Strong detail orientation.</li><li>Process improvement experience.</li><li>Excellent verbal and written communication skills.</li></ul><p><br><b>Education & Experience</b></p><ul><li>Bachelor's Degree in Business, Finance or related discipline required</li><li>5-7 Years of experience in financial services, preferably as a retirement plan <span style="overflow-wrap: break-word; display: inline; text-decoration: inherit; hyphens: auto;">specialist/consultant</span> or similar position with a full service broker/dealer RIA required</li></ul><p><br><b>Licenses</b></p><ul><li>FINRA Series 7 Required and</li><li>FINRA Series 24 Required and</li><li>FINRA Series 66 Required and</li><li>Certified Financial Planner-CFP Board AIF or other similar accredited retirement plan and/or fiduciary professional designation Required</li></ul><p></p><p>Base Salary Range - $115,000 - $130,000</p><p></p><p><span>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<span> </span></span><a href="http://www.pennmutual.com/" target="_blank" rel="noopener noreferrer">www.pennmutual.com</a><span>.</span></p><p></p><p><span>Penn Mutual is committed to<span> </span></span>Equal Employment Opportunity<span><span> </span>(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.</span></p>