Assistant Vice President - Broker Dealer Group

Job details

    Salary:  Varies by experience
    Location: Charlotte < NC < USA
    Job Type: Permanent, Full time
    Company:  MetLife
    Posted on: 11 Jan 14



 Position Responsibilities:

• This position is responsible for leading the human, financial and corporate resources available so that all Investment & RIA Product Platforms are delivered in an effective and regulatory compliant manner.
•     Leads a team of industry specialists in the strategic development, implementation, and maintenance of the annual and long-term Broker Dealer Group strategic plan for all Investment & RIA Product Platforms totaling over $22 billion in assets under management.
•     This position requires strategic thinking, strong Project Management Skills, and the ability to influence field leaders and corporate partners on key components and the implementation of them.  It must continually monitor and benchmark the industry to assure that all Investment & RIA Product Platforms are linked to the overall business plan and implementation plans for the four MetLife retail Broker-Dealers.
•     Leads implementation through a refined and dynamic business model and infrastructure driven largely by outside regulatory forces; that delivers a better utilization of outside vendor systems with technology links to deliver timely and accurate information and data.
•     This position also oversees the Investment & RIA platform and account monitoring functions for purposes of identifying trends, discovering opportunities, and for insuring the appropriate application of numerous policies and contract terms.
•    In general, this position is responsible for leading the human, financial and corporate resources available so that all Investment & RIA Product Platforms are delivered in an effective and regulatory compliant manner.  The outcome is the harnessing of a key internal team of specialists that best utilizes it's time and skills to deliver significant revenue and competitive advantages to the MetLife Enterprise.

Principal Accountability of Position:

•     Drive the stretegic integration, streamlining and enhancements of all investment and advisory product platforms to improve operating efficiences, with direct revenue model accountability
•     Develops, markets, supports and manages a full spectrum of investment and advisory product platforms, as well as related business strategy and adheres to an effective and timely product review/approval/profitability system.
•     Lead staff of  specialists focused on specific areas of  unique investment and advisory product development or support
•     Maintain strong partnerships across groups within the Enterprise (Legal, Compliance, Operations, Sales/Mkting) that support  the broker-dealers
•     Designs new Investment & RIA product platforms that will serve each of the Broker Dealer marketing
•     Provides a common RIA and Investment products portfolio across the Broker Dealer
•     Monitors Compliance process and acts as Compliance liaison
•     Responsible for optimizing product efficiency to generate greater revenues/profitability; while continually enhancing menu with competitive financial offerings
•     Responsible for the following products/services:  Commission Brokerage Products, Cash/Asset Management, Discount Brokerage Services, Proprietary RIA Platform, and Hybrid RIA product platforms
•     Management of Clearing Firm Relationships – currently Pershing, and to benchmark relationships for competitive pricing and re-negotiation; track re-billable trends as part of overall relationship for revenue/cost savings opportunities
•     Procurement and management of multiple vendor relationships to support sales initiatives and strategic direction; ongoing negotiation of relationships to monitor revenue/costs
•     Thorough due diligence of all product vendors and development of RFP process, and analysis of pricing to insure benchmarked and competitive proposals with industry.
•     Integrate strategic awareness of proprietary services where appropriate to generate revenue for the enterprise
•     Budget and expense control.
•     Has direct leadership accountability for the above.

Job Requirements:

    FINRA Series 24 Licensed
    Currently IAR Registered
    Minimum of 15 years in the business with 10 years of relevant background
For more details visit  www.metlife.com