Investment Operations Associate

Northwestern Mutual Portland • San Diego, CA

1d

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.

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.
• 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

• 2-5 years of financial services experience preferred.
• Experience in utilizing a planning process or methodology preferred.
• Experience with both brokerage and advisory platforms preferred.
• Bachelor’s Degree in business, finance and/or equivalent work experience 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.
• Supportive Team Environment
• Networking Opportunities
• Impactful Work
• Recognition & Rewards

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree