Retirement Plan Manager

United Bank•Morgantown, DC

69d•Hybrid

About The Position

The Retirement Plan Manager’s primary role is to serve as the relationship manager for a diverse group of clients. This position requires a broad and deep understanding of sophisticated investment management practices and the administrative needs of 401(k) plans, 403(b) plans, defined benefit plans, and other types of qualified and non-qualified retirement plans. The Retirement Plan Manager actively participates in the sales process for prospective clients and in the retention of existing clients. This includes assisting in the preparation of proposals for new clients and leading presentations to new and existing clients. The ideal candidate will work in conjunction with wealth advisors across our footprint to attract and onboard new business, while operating in a semi-autonomous and entrepreneurial environment to maintain a sales and client-centered focus.

Requirements

Bachelor's degree required
Minimum of five (5) years of investment and portfolio management experience required
Minimum of three (3) years of experience in the retirement plan space or working directly with 401(k) plan sponsors required
Demonstrated experience in effective account/relationship management required
Strong, successful track record that consistently meets or exceeds goals
Ability to foster teamwork and motivate colleagues required
Client-centered focus with excellent strategic thinking ability and consultative skills
Proficiency in Microsoft Office products (Microsoft Word, Excel, and PowerPoint) required
Excellent verbal and written communication and interpersonal skills required
Enthusiastic, positive energy demeanor
Ability to accommodate work outside normal business hours required
Ability to travel as client or business needs required

Nice To Haves

Professional designation is highly encouraged (i.e., advanced degree, CPA, CFP, QKA, QFPC, CRSP)

Responsibilities

Serve as primary relationship manager for company-sponsored retirement plans across our footprint and lead the onboarding of new clients.
Responsible for team initiatives, including participation in prospect and client meetings and responding to client inquiries as appropriate.
Responsible for leading client meetings and preparation of materials for investment reviews, plan reviews, and participant education/enrollment meetings.
Meet with clients on a quarterly basis, or as needed, to review investment manager and portfolio performance and present appropriate recommendations.
Prepare and present sales materials to prospective clients.
Ability to discuss investment performance, economic, and financial market trends with clients and prospects.
Assist in coordinating retirement plan service provider search, selection and monitoring, including recordkeepers, investment fund managers and third-party administrators as necessary.
Manage retirement plan lineups, including the monitoring of existing client investment lineups and designing investment lineups for new plans in conjunction with our investment team as well as independently.
Develop leads and referrals from current clients, outside contacts and internal bank partners; solicit requests for proposal where appropriate.
Maintain internal contact management database and monitor the frequency of client and prospect contact.
Foster open communication with other Bank departments and meet with internal bank partners to educate them on our institutional investment offerings.
Provide strategic input to the Wealth Management department and management as necessary.