Advisory Programs Consultant

Northwestern Mutual•Milwaukee, WI

8d•Hybrid

About The Position

At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company over 160 years ago. Today, they're just a few of the reasons why people choose to build careers at Northwestern Mutual. We're strong and growing. In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We're strong, innovative and growing. We invest in our people. We provide opportunities for employees to grow themselves, their career and in turn, our business. We care. We make a positive difference in our communities. Nationally, thousands have benefitted from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they're passionate about. What you will do: The primary responsibility is to assist with management of investment products including design and implementation of new or existing products, promotion strategies, overall execution of the product strategy and day-to-day product line management to advance sales and servicing. This position must understand the products they are responsible for and analyzing/developing solutions for complex Legal/Regulatory/Competitive issues that may arise. How you will do it: Interprets field feedback and customer needs and is the go-to product expert that can explain and translate product or program features and functions to internal and external partners. Translates product strategy into product design details, implement changes, and test that products are performing as designed. Utilizes expertise of investments products and technology platform offerings to analyze, implement and test platform updates. Understands profitability of assigned products via sales growth, net cash flow, sound product design and managed expenses. Researching product design of competitive offerings, models changes to pricing and rates and makes recommendations. Understands the strategic role Wealth plays in the enterprise and how investment products integrate with insurance products. Provides investment product subject matter expertise to support ongoing product evolution including coordinating and driving efforts with technical, operational, compensation, investment and regulatory experts. Understands impact of regulatory compliance on assigned investment products and participates in project teams to implement necessary changes to products, programs or processes. Builds leadership skills and may informally mentor others on small projects, teams or committees. Bring your Best! What this role needs: Bachelor's degree or equivalent in business, finance, economics or related field or equivalent experience. 5 plus years of experience in financial services. Demonstrated knowledge of the Wealth Management industry, including product, pricing, and customer preferences. Strong organizational and follow-through skills, with ability to work within deadlines, prioritize work and multitask. Ability to participate as a subject matter expert in departmental or cross-departmental initiatives. Ability to anticipate impact of decisions, future consequences and trends. Ability to build strong internal and external networks and utilize resources in the industry. Strong verbal and written communication skills and ability to make effective formal presentations to small and medium size groups. FINRA - Non-Registered Fingerprinted. Benefits: Great pay package, 401K, Company sponsored retirement plan, educational assistance, Performance based incentive pay, Medical, dental and vision insurance, Parental leave, Caregiver time off….and more. #LI-HYBRID This position has been classified as an Associated Person under NMIS guidelines and requires fingerprinting and completion of required form.Non-Registered Fingerprinted - FINRA Compensation Range: Pay Range - Start: $86,030.00 Pay Range - End: $159,770.00 Geographic Specific Pay Structure: Structure 110: $94,640.00 USD - $175,760.00 USD Structure 115: $98,910.00 USD - $183,690.00 USD We believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more. Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now! Northwestern Mutual is an equal opportunity employer who welcomes and encourages diversity in the workforce. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives. At Northwestern Mutual, we believe relationships are built on trust. That our lives and our work matter. These beliefs launched our company over 160 years ago. Today, they're just a few of the reasons why people choose to build careers at Northwestern Mutual. What started in Milwaukee, WI has grown into 7,000+ home office professionals split across 3 campuses: New York City, Franklin and downtown Milwaukee (HQ) - each one bringing with it its own unique talent and culture. In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual as we are growing our digital and tech capabilities and are always on the lookout for bright, tech-savvy candidates. Northwestern Mutual is proud to be an equal opportunity employer. We have chosen to build a diverse and inclusive workplace where talented people from all backgrounds want to be, want to stay, and want to build their future. We celebrate and support our differences for the benefit of our employees, our products, and our community. 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.

Requirements

Bachelor's degree or equivalent in business, finance, economics or related field or equivalent experience.
5 plus years of experience in financial services.
Demonstrated knowledge of the Wealth Management industry, including product, pricing, and customer preferences.
Strong organizational and follow-through skills, with ability to work within deadlines, prioritize work and multitask.
Ability to participate as a subject matter expert in departmental or cross-departmental initiatives.
Ability to anticipate impact of decisions, future consequences and trends.
Ability to build strong internal and external networks and utilize resources in the industry.
Strong verbal and written communication skills and ability to make effective formal presentations to small and medium size groups.
FINRA - Non-Registered Fingerprinted.

Responsibilities

Assist with management of investment products including design and implementation of new or existing products, promotion strategies, overall execution of the product strategy and day-to-day product line management to advance sales and servicing.
Understand the products they are responsible for and analyzing/developing solutions for complex Legal/Regulatory/Competitive issues that may arise.
Interprets field feedback and customer needs and is the go-to product expert that can explain and translate product or program features and functions to internal and external partners.
Translates product strategy into product design details, implement changes, and test that products are performing as designed.
Utilizes expertise of investments products and technology platform offerings to analyze, implement and test platform updates.
Understands profitability of assigned products via sales growth, net cash flow, sound product design and managed expenses.
Researching product design of competitive offerings, models changes to pricing and rates and makes recommendations.
Understands the strategic role Wealth plays in the enterprise and how investment products integrate with insurance products.
Provides investment product subject matter expertise to support ongoing product evolution including coordinating and driving efforts with technical, operational, compensation, investment and regulatory experts.
Understands impact of regulatory compliance on assigned investment products and participates in project teams to implement necessary changes to products, programs or processes.
Builds leadership skills and may informally mentor others on small projects, teams or committees.