Branch Office Manager

Janney Montgomery Scott LLC•Philadelphia, PA

About The Position

Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm. The Branch Office Manager (BOM) is responsible for the overall management and supervision of the branch office. In a complex, the Branch Manager will report to the Complex Manager. In a stand alone branch, the BOM will report to the Regional Manager. The BOM is responsible for managing all aspects of the business of the branch including the growth of revenue, the recruiting of Financial Advisors, risk management and the bottom-line probability of the branch. What you are good at: Initiative: Proactively utilizing available technology and tools to support efficient and effective time management; Able to assist FAs in organizing and implementing productivity-based campaigns; Knowledgeable, in accordance with established policies, of all firm technology necessary to provide quick responses to FA and client inquiries. Team-Oriented: Must be comfortable collaborating with team members and other departments across the organization. Problem Solving & Critical Thinking: Thorough and resourceful problem solver with a solutions-based approach to every situation; Proactively takes on challenges with optimism and a helpful attitude Collaboration & Communication: Able to effectually communicate verbally and in writing with internal clients, vendors, and team members; Partners with team to create seamless event experience Responsibilities: Responsible for all supervision as required by firm policy and procedure. That includes but is not limited to the daily reviews of all client transitions, monthly review of all active client accounts, review all sales correspondences, and seminar materials, review of all e-mails and fax transmissions and all new account forms, updates to new account information and address changes Develop a communication plan within the branch to ensure that firm news and communication is reaching all Financial Advisors Remain knowledgeable of all industry rules and regulations as well as firm policy and procedures Works closely with the Financial Advisors and Regional Managers to develop individual business plans to increase their production and gather assets Coordinate all firm resources to facilitate the professional development of the Financial Advisors and of the branch staff Ensure that all Financial Advisors participate in weekly sales calls, product sponsor meetings, and training opportunities Work closely with the Marketing Department to ensure that the Janney name and brand is actively marketed within their community What you have: BA/BS in business or related area is preferred and an MBA is a plus 8-10 years of related management experience in the retail brokerage industry Professional Licenses: Series 7, 9 and 10, 24, 63, and 66 licenses CIMA/CFP/CFA or related designations is preferred Ability to motivate; leads, and inspires branch office FAs and support staff Demonstrated experience in managing P&L Must have excellent skills in critical thinking, problem solving, communication and customer relationship building. A strong understanding of the financial services regulatory landscape Innovative and creative Establish and foster strong community relations Proven skill in public speaking and giving group presentations. Proven skill in managing multiple tasks and in establishing priorities. Ability to coordinate efforts with all areas of branch operations and home office. Ability to work under pressure and meet deadlines. Continually fosters team spirit among throughout the branch, particularly between FAs and support staff High ethical standards Why work for us? Benefits: Janney believes that its employees are the key to what makes a great company. Although work makes up a large portion of an employee’s life, we believe that a balance between work and non-work activities is essential to maintain quality performance and a positive work atmosphere. We offer a competitive package including Paid Parental Leave, generous Paid Time Off, eligibility for a $2,000 referral bonus and Professional Development Assistance Plan designed to help you make the most of your life at work and at home—today and in the future. Explore further. Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm. People are our strongest asset. We recognize that when our team members thrive, our firm is more successful. Janney is an equal opportunity employer and makes employment decisions on the basis of merit and business needs.

Requirements

8-10 years of related management experience in the retail brokerage industry
Professional Licenses: Series 7, 9 and 10, 24, 63, and 66 licenses
Ability to motivate; leads, and inspires branch office FAs and support staff
Demonstrated experience in managing P&L
Must have excellent skills in critical thinking, problem solving, communication and customer relationship building.
A strong understanding of the financial services regulatory landscape
Innovative and creative
Establish and foster strong community relations
Proven skill in public speaking and giving group presentations.
Proven skill in managing multiple tasks and in establishing priorities.
Ability to coordinate efforts with all areas of branch operations and home office.
Ability to work under pressure and meet deadlines.
Continually fosters team spirit among throughout the branch, particularly between FAs and support staff
High ethical standards

Nice To Haves

BA/BS in business or related area is preferred and an MBA is a plus
CIMA/CFP/CFA or related designations is preferred

Responsibilities

Responsible for all supervision as required by firm policy and procedure. That includes but is not limited to the daily reviews of all client transitions, monthly review of all active client accounts, review all sales correspondences, and seminar materials, review of all e-mails and fax transmissions and all new account forms, updates to new account information and address changes
Develop a communication plan within the branch to ensure that firm news and communication is reaching all Financial Advisors
Remain knowledgeable of all industry rules and regulations as well as firm policy and procedures
Works closely with the Financial Advisors and Regional Managers to develop individual business plans to increase their production and gather assets
Coordinate all firm resources to facilitate the professional development of the Financial Advisors and of the branch staff
Ensure that all Financial Advisors participate in weekly sales calls, product sponsor meetings, and training opportunities
Work closely with the Marketing Department to ensure that the Janney name and brand is actively marketed within their community