Investment Operations Associate

Northwestern Mutual Portland • San Diego, CA

4d • $60 - $70

About The Position

The Investment Operations Associate works with financial representatives (FRs) to deliver financial security to their clients through a comprehensive planning process that integrates risk and investment products. Associates help financial representatives increase productivity by providing planning and investment support. Specific duties include but are not limited to: Representative Training and Development Promotes, utilizes, and reinforces Northwestern Mutual planning culture, process, and tools. Provide training and knowledge transfer on Investment concepts, suitability, and product resources tools and procedures. Monitors and reinforces representative adherence with network office’s business guidelines. Meet with representative to discuss proposal, analysis, method, opinion and discuss all assumptions. Identify potential opportunities and constraints and assess information to formulate strategies. Craft financial security solution(s) accurately and in the best interest of clients. Share recommendations with representatives and coach to the delivery of a successful client presentation. Identify and inform representatives of tax consequences, costs, and applicable breakpoint information (e.g. sales charges, surrender charges, account transfer fees). Proposal and Case Preparation Prepare Personal Planning Analysis. Prepare Envestnet proposal for Advisory clients. Prepare Morningstar Analysis. Recommend fund portfolio options. Gather information for registered representative’s meeting with client/prospect (e.g. prospectuses, annual reports, and Morningstar reports). Account Services and Support Prepare all materials for all quarterly and annual reviews: investment summary, consolidated investment reports. Organize, manage, and coordinate back-office investment account services and support. Thoroughly document case notes, thought process, and analysis, and assumptions. General account servicing as directed by representative. Provide NMIS Operations backup support, as needed.

Requirements

• Strong analytical, problem solving, and written and verbal communication skills, with the ability to work well with others.
• Strong organizational and time management skills with the ability to set priorities and meet deadlines.
• Strong attention to detail, accuracy, and reliability with the ability to thrive in a fast-paced environment.
• Proficient knowledge in Microsoft Office (Outlook, Word, Excel, PowerPoint) with ability to learn various software programs quickly.
• 2-5 years of financial services experience preferred.
• Bachelor’s Degree in business, finance and/or equivalent work experience preferred.
• Life, Accident & Health insurance licenses to be obtained within the first 3-6 months of employment.
• Series 63 and either Series 6 or Series 7 to be obtained within the first 6 months of employment.

Nice To Haves

• Experience in utilizing a planning process or methodology preferred.
• Experience with both brokerage and advisory platforms preferred.

Responsibilities

• Promotes, utilizes, and reinforces Northwestern Mutual planning culture, process, and tools.
• Provide training and knowledge transfer on Investment concepts, suitability, and product resources tools and procedures.
• Monitors and reinforces representative adherence with network office’s business guidelines.
• Meet with representative to discuss proposal, analysis, method, opinion and discuss all assumptions.
• Identify potential opportunities and constraints and assess information to formulate strategies.
• Craft financial security solution(s) accurately and in the best interest of clients.
• Share recommendations with representatives and coach to the delivery of a successful client presentation.
• Identify and inform representatives of tax consequences, costs, and applicable breakpoint information (e.g. sales charges, surrender charges, account transfer fees).
• Prepare Personal Planning Analysis.
• Prepare Envestnet proposal for Advisory clients.
• Prepare Morningstar Analysis.
• Recommend fund portfolio options.
• Gather information for registered representative’s meeting with client/prospect (e.g. prospectuses, annual reports, and Morningstar reports).
• Prepare all materials for all quarterly and annual reviews: investment summary, consolidated investment reports.
• Organize, manage, and coordinate back-office investment account services and support.
• Thoroughly document case notes, thought process, and analysis, and assumptions.
• General account servicing as directed by representative.
• Provide NMIS Operations backup support, as needed.

Benefits

• PTO
• 401(k) with employer match
• subsidized health insurance premiums
• life and disability insurance coverage
• Opportunities for continuous learning and growth with access to professional development resources and clear career pathways.
• Join a collaborative and motivated team committed to your success and career satisfaction.
• Build connections within the financial services industry and local community through various events and initiatives.
• Play a pivotal role in shaping the careers of students and future financial professionals.
• Celebrate achievements and milestones with a range of recognition programs and incentives.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees