What are the responsibilities and job description for the Investment Products Assistant Director position at Northwestern Mutual Investment Services, LLC?
At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference.
Summary
Lead the development and execution of the strategic direction of various advisory platform initiatives. Network extensively with the home office, field, industry and business partner's specific to the product line. Partner across the home office on regulatory issues, pricing, marketing and field compensation for their products.
Primary Duties and Responsibilities
- Synthesizes field and customer feedback, industry trends, and competitor products to help set direction for product evolution that fits the investment approach. Handles escalations of advisor issues, research as needed and respond appropriately.
- Uses field, client and industry insight, to recommend, design and develop new solutions and features. Maintains co-creation with the field throughout the product development process.
- In-depth knowledge of technology platforms with emphasis on new and emerging wealth management providers and solutions. Assesses available offerings and make decisions on which parts of the technology platforms fit Northwestern Mutual products.
- Drives profitability for assigned products via sales growth, net cash flow, sound product design and managed expenses. Directs implementation of product design changes to advisor compensation, client pricing, rates and partnerships.
- Coordinates with key home office divisions / departments to present recommendations that address opportunities in the integration of the product line into a company-wide approach focused on meeting field and customer needs.
- Leads efforts to develop new or enhance existing products and features, including partnering with project management, technical, operational, compensation, investment and regulatory experts in an ongoing effort to offer competitive investment products.
- Manage business decisions that impact scope, risk, business value, schedule and budget. Provides input in department-wide prioritization process.
- Responsible for partnering across the home office on regulatory issues impacting assigned products. Recommends changes to products, programs or processes to maintain compliance.
- May manage a team of individuals and is responsible for their growth and development.
Qualifications
This position has been classified as an Associated Person under NMIS guidelines and requires fingerprinting and completion of required form.
Required Certifications : Non-Registered Fingerprinted - FINRA
Compensation Range : Pay Range - Start :
102,060.00
Pay Range - End : 189,540.00
Northwestern Mutual pays on a geographic-specific salary structure and placement in the salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity as well as the cost of labor in the market; and other conditions of employment. At Northwestern Mutual, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. Please note that the salary range listed in the posting is the standard pay structure. Positions in certain locations (such as California) may provide an increase on the standard pay structure based on the location.
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We are an equal opportunity / affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity or expression, sexual orientation, national origin, disability, age or status as a protected veteran, or any other characteristic protected by law.
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Salary : $189,540
