Financial and Operations Principal

Marsh Agency; New York (NY); Hybrid; USD 138,000 - 276,000; Full time

Benefits offered by this job

Health and welfare benefits

Tuition assistance

401(k) retirement plan

Employee assistance programs

Job summary

Marsh Agency seeks an experienced Financial and Operations Principal to oversee finance and operations for MMA Securities LLC and MMA Asset Management LLC in a hybrid NYC/Urbandale setting. Role focuses on regulatory compliance and cross‑functional leadership.

The position reports to the CFO and requires coordinating audits, regulatory filings, and internal management reporting across two offices with a strong emphasis on SOX controls.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration, or related field.
• Minimum 10 years of experience as a Financial and Operations Principal in a broker-dealer setting with US GAAP knowledge.
• Series 27 license required.

Responsibilities

• Manage and develop the Urbandale FinOps team, focusing on training and professional growth.
• Managing finance and operations of regulated entities.
• Coordinate the annual financial audit with Deloitte, including the preparation of financial statements and regulatory filings.
• Prepare, review, and file various regulatory documents, including but not limited to: FOCUS, SSOI, FORM Custody, Schedule 1, and SIPC.
• Oversee the review of general ledger reconciliations and supporting documentation prepared by the FinOps team, ensuring all discrepancies are addressed and resolved.
• Calculate net capital monthly and as needed for MMA Securities.
• Collaborate with the Chief Financial Officer to develop efficient accounting and operational policies and procedures that ensure compliance with FINRA/SEC regulations, with an emphasis on SOX controls and operational excellence.
• Assist the Chief Financial Officer with special projects and new initiatives.

Education

Bachelor’s degree in Accounting/Finance/Business Administration

Tools

Series 27 license

Job description

We Are Seeking An Experienced Professional To Join Our Controllership Team As The Financial And Operations Principal For The Following Entities

• MMA Securities LLC ("MMAS"): a registered broker dealer and registered investment advisor engaged in retirement investment advisory consulting and the sale of mutual fund and variable insurance products.
• MMA Asset Management LLC ("MMA AM"): a registered investment advisor engaged in wealth advisory services.

This role will be based in New York City or Urbandale, IA. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Financial and Operations Principal is responsible for the functional management of finance and operations team for these regulated entities which sits in Urbandale, IA.

In addition, this role is responsible for coordinating annual audits and regulatory examinations, preparing and filing regulatory reports, preparation of internal management reports for business leadership, reviewing financial records and general ledger accounts reconciliations, and ensuring compliance with FINRA/SEC regulations while supporting special projects and initiatives.

The role reports to the Chief Financial Officer of these entities.

We Will Count On You To

• Manage and develop the Urbandale FinOps team, focusing on training and professional growth.
• Managing finance and operations of regulated entities.
• Coordinate the annual financial audit with Deloitte, including the preparation of financial statements and regulatory filings.
• Prepare, review, and file various regulatory documents, including but not limited to: FOCUS, SSOI, FORM Custody, Schedule 1, and SIPC.
• Oversee the review of general ledger reconciliations and supporting documentation prepared by the FinOps team, ensuring all discrepancies are addressed and resolved.
• Calculate net capital monthly and as needed for MMA Securities.
• Collaborate with the Chief Financial Officer to develop efficient accounting and operational policies and procedures that ensure compliance with FINRA/SEC regulations, with an emphasis on SOX controls and operational excellence.
• Assist the Chief Financial Officer with special projects and new initiatives.

What You Need To Have

• Bachelor’s degree, ideally in Accounting, Finance, Business Administration, or a related field.
• 10 years of experience as a Financial and Operations Principal in a broker dealer setting and a strong understanding of US GAAP.
• Series 27 license.

What makes you stand out?

• CPA is preferred but not required
• Experience as a Controller or CFO of a broker dealer or registered investment advisor
• Audit experience in public accounting, internal audit, or as a regulatory examiner.
• Excellent communication skills, with the ability to effectively interface with senior management, business leaders, producers, carriers, mutual fund companies, and the FinOps team across two office locations (NYC and Urbandale), as well as with Controllership, Compliance, Legal, and Treasury departments; must be comfortable and confident engaging with colleagues at all levels.
• Strong attention to detail, commitment to accuracy, and highly organized.
• Resilient and persistent in overcoming challenges, demonstrating strong convictions.
• Experience in a small team environment that requires managers to act as player-coaches, with a willingness to engage in hands-on tasks.

Why Join Our Team

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you require an accommodation during the application or interview process, please let us know by contacting [e-mail]

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

The applicable base salary range for this role is $138,100 to $276,200.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.