Sr Analyst, Suitability NW Securities

Nationwide•Columbus, OH

2d•Onsite

About The Position

Nationwide Financial, a Fortune 100 company, is seeking a Senior Analyst for their Suitability team within Nationwide Securities LLC (NSLLC). This role is crucial for ensuring that securities, investment advisory, variable insurance, and fixed annuity business comply with "In Good Order" requirements and "Best Interest" standards. The successful candidate will be part of a team that values embracing change, providing exceptional customer service, and a passion for accuracy in financial services. The position involves reviewing various financial applications, interacting with the Office of Supervisory Jurisdiction (OSJ) on escalated cases, and contacting agents to resolve missing information. Additionally, the Senior Analyst will contribute subject matter expertise to NSLLC projects, provide guidance and training to partners, and assist with regulatory examinations.

Requirements

Undergraduate degree in business or finance.
FINRA Series 7, 24, 53, 63, 65 or 66 license(s).
Life and Annuity License.
Candidates must have the 7 and 24 licenses, at a minimum, to be considered for the position and obtain the required federal and/or state licenses/registrations within the time specified by the business unit.
Three years of field experience, insurance back office or sales management.
Working knowledge of insurance or financial business processes.
Strong verbal and written communication skills.
Ability to operate a personal computer and business software.
Must be flexible and able to adapt to changing procedures, processes, systems etc.
Able to manage escalations, and able to have difficult conversations.

Nice To Haves

ChFC/CLU/CFP encouraged.
Current or prior experience as an associate within Nationwide’s Investment Management Group (IMG) is highly preferred.

Responsibilities

Reviews variable business (variable life, variable annuity and mutual funds) applications submitted by NSLLC registered representatives for Best Interest.
Interacts with Office of Supervisory Jurisdiction (OSJ) on escalated cases.
Reviews fixed annuities for suitability under the General Agency on behalf of Nationwide Life.
Reviews brokerage (stocks, bonds, certificates of deposit, mutual funds) new accounts and financial plans business for Best Interest of the investment.
Contacts agents via phone and email to acquire missing forms or data so that the case can be reviewed for Best Interest, and further processing.
Provides subject matter expertise and input on NSLLC projects and initiatives.
Provides guidance and/or training to partners and clients on issues, including new business review, processes, new forms and/or rules.
Provides documentation or case summaries during regulatory examination, as needed.
May perform other responsibilities as assigned.

Benefits

medical/dental/vision
life insurance
short and long term disability coverage
paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire