Financial Education Professional

Missouri State Employees' Retirement System•Jefferson City, MO

6d•Onsite

About The Position

The individual in this position reports to the associate DC plans coordinator. The individual in this position provides virtual and in-person financial education presentations and one-on-one consultations with state of Missouri employees regarding MODC and the Colleges and Universities Retirement Plan (CURP). The individual in this position presents educational sessions on saving for retirement, investment vehicles, investment fundamentals, and more. Responsibilities also include counseling participants on their individual savings goals, account details, and how to make changes to their account. The individual in this position works in person in the Jefferson City MODC office and travels weekly in the central and northeast area of Missouri to provide onsite education and one-on-one counseling to participants with an average of one overnight stay per month.

Requirements

Bachelor’s degree in business, financial planning, marketing or similar required.
3-5 years financial planning/services or similar experience.
Customer service experience.
Extensive knowledge of defined contribution plans, including legislative regulations, and plan provisions.
Extensive knowledge of a variety of financial planning and investment approaches and concepts.
Demonstrated ability to effectively service a diverse employee group.
Excellent communication skills – verbal and written.
Proven ability to make effective group presentations.
Can translate technical plan information for employees.
Computer literate (MS Word, Excel, Outlook, PowerPoint, Access).
Ability to effectively prioritize and organize work schedule.
Frequent in-state travel required. Applicant must possess reliable transportation and a valid Driver’s License.
Ability to maintain confidentiality.
Ability to demonstrate integrity and a high degree of ethics.
Ability to establish and maintain positive working relationships with MOSERS staff, payroll personnel representatives, members, outside vendors, and other customers.
Ability to maintain regular and reliable attendance.

Nice To Haves

Certified Financial Planner® designation, Chartered Financial Consultant® strongly preferred.
Other financial services licensures or designations will be considered as substitute education for financial planning and investment knowledge base.

Responsibilities

Presents in-person and online educational sessions related to the plan benefits of the MO Deferred Compensation Plan and the CURP.
Presents group investment educational events on the benefits of financial and retirement planning. Presentations include education and communication on the importance of retirement savings as well as a variety of investment topics including investment strategies, Roth savings, diversification, compounding, investment vehicles, model asset allocation portfolios, market volatility, risk tolerance, etc.
Develops and updates financial education materials with input from other defined contribution team members.
Counsels individual participants on their MO Deferred Comp account, savings rates, and benefits of participating in the MO Deferred Comp Plan, and benefits and options of the CURP.
Counsels participants and eligible participants regarding their retirement income potential while holistically evaluating assets in retirement savings vehicles and fixed income streams such as pensions and social security. Evaluating this information in addition to investment strategies and taxation issues associated with the retirement savings vehicles allows the DC financial education professionals to calculate savings strategies to achieve specific income replacement as well as provide education on possible spend-down options in retirement.
Counsels and assists plan participants with rollovers to and from the plans and unforeseen emergency withdrawals and all other types of distributions from the plans.
Represents MODC at state agency and university benefit fairs.
Financial education professionals are expected to spend 80% of their time conducting group presentations and one-on-one consultations.
Contacts employers to assess education needs and develops an education schedule to meet those needs. Financial Education Professionals spend approximately 20% of their time on this task.
Other duties as assigned.