Product and Due Diligence Manager (Hybrid)

M Financial Group is a community of leaders comprising the best and brightest minds in our industry. By combining individuals' expertise and skill, M Financial Group has become a powerful force committed to advancing the interests of our industry, communities, and clients for over 40 years. M's solutions are rooted in the diverse expertise of our team, our collaborative approach to innovation and our comprehensive support.

We embrace a progressive, dynamic mindset for every role. M Financial Group provides a professional community that actively supports individuals with diverse backgrounds and perspectives who come together to build and support best-in-class solutions. If you're looking to be a part of a high performing, collaborative, and dedicated team, M Financial Group is in search of our next Product and Due Diligence Manager to join our team.

The Product and Due Diligence Manager is responsible for the management of product offerings for both brokerage and advisory accounts, including traditional retail wealth management products, sophisticated alternative investments, insurance-based products, and complex solutions required to serve unique client needs. "Products," in this context, includes, but is not limited to, mutual funds, ETFs, UITs, sub-advisors, alternative investments, variable life insurance (including M proprietary variable products), variable annuities, and other products as requested by Member Firm representatives.

Responsibilities include chairing the Product Committee, coordinating product research and due diligence, and relationship management with Member Firms and product sponsors. The Product and Due Diligence Manager also serves as a subject matter expert for internal teams and partners, as well as industry partners and industry regulators.

Product & Platform Review

• Oversee M Holdings Securities' (M's broker-dealer and RIA) product approval process and maintain the approved product platform
• Lead the Product Committee through the review of products and sub-advisors, delivering information for informed approval or denial decisions including applicable due diligence files: product summaries; fee analyses; strategy and risk profiles, as well as third-party due diligence reports
• Develop, manage, and periodically update product scorecards and underlying evaluation criteria, integrating data sourced from third parties. Update approved product lists as needed.
• Consult with Compliance on product and sub-advisor reviews
• Interface with proprietary insurance product team to ensure new products meet review requirements
• Work with multiple third-party due diligence providers to obtain objective reviews of alternative products and product sponsors
• Act as liaison between legal department and product sponsors for the review, negotiation, and execution of selling agreements and other contracts

Member Firm Support and Education

• Advise Representatives on the use of alternative investments, product and advisory platforms, and sub-advisors as well as the required review and approval process for each
• Consult with Representatives for unique client needs, and research potential product solutions
• Maintain current knowledge of industry trends to anticipate Member Firm and client needs
• Manage required alternative product training platform, and work with product sponsors to ensure training is available to Representatives, sourcing supplementary educational materials when needed
• Disseminate product and investment management related content to Representatives through webinars, conference calls, and articles in M Financial publications
• Manage the Product page of the Member Firm facing website, including updates to research materials, request submission forms, product guidelines and requirements, and approved products

Additional Responsibilities

• Collaborate with other M Financial teams, such as Compliance, Risk, Supervision, and Investment Operations as needed to facilitate the compliant and efficient use of products by Representatives and Advisors
• Oversee separately managed account options within M Financial's private placement life insurance platform
• Collaborate with Compliance to understand changing regulatory guidance and requirements related to products and platforms, and adjust processes as appropriate
• Document and disseminate policies and procedures related to product review
• Assist internal sub-advisor with identification of potential alternative investments

Working Environment

• Hybrid work environment offering a blend of virtual/work from home and onsite days designed to support flexibility
• Normal office environment/desk assignment
• Extensive close work with spreadsheets, reports and PC's
• Potential for light travel, up to 10%

Qualifications

• At least seven years of related experience with a deep understanding of the investment industry, including all asset classes
• Bachelor's degree required
• Series 63 and 65, or the ability to obtain licenses within 12 months required. Series 7, 63, or 24 preferred.
• Experience with Morningstar preferred
• Knowledge of FINRA and SEC rules and regulations
• Ability to analyze complex information from a wide variety of perspectives
• Strong organizational skills and excellent attention to detail
• Strong verbal and written communication and presentation skills
• Ability to work independently and manage multiple projects and deadlines through prioritization

This position description is not intended to be and should not be construed as an all-inclusive list of responsibilities, skills or working conditions associated with this position. While this description is intended to accurately reflect the position's activities and requirements, management reserves the right to modify, add or remove duties as necessary.