Investment Operations Associate Northwestern Mutual

• 3.7 Naperville, IL Job Details Full-time $65,000
• $75,000 a year 2 hours ago Benefits Health insurance Dental insurance Paid time off Vision insurance Retirement plan Qualifications Life Insurance License Filing Organizational skills Account management Series 63 Time management Full Job Description Support
• Handle case notes, processing correspondence, maintaining client case files and filing performance reports, account forms and other advisory paperwork
• Maintaining annual review notes in Envestnet and mailing annual review letters to clients
• Monitoring and stocking marketing materials for Signature advisory programs
• Monitoring industry trends and research
• Ensuring NMIS and NMWMC compliance requirements are implemented and followed Proposal and Case Preparation
• Gathering information for WMA meetings with client/prospect
• Preparing and modifying investment/advisory proposals
• Preparing letter of instruction for client signature
• Preparing investment policy statement Processing Accounts
• Preparing and processing all paperwork needed for investment/advisory accounts
• Monitoring, processing and following up on asset transfers and on initial and subsequent funding of advisory accounts
• Implementing initial and subsequent asset allocation trades
• Identifying need for switch letter and mailing appropriate forms to clients
• Discussing potential rollover opportunities from other retirement plans for variable and mutual funds
• Processing proposal amendments, monitoring alerts and annual reviews in Envestnet
• Executing buy or sell orders and rebalancing orders in Envestnet and maintaining asset allocation
• Following up on trade rejects and resolving all trade-related issues
• Monitoring holdings for program eligibility and administering advisory accounts Client Service
• Corresponding with clients to handle investment related service issues
• Contacting clients on behalf of the advisor for developing advisory plan and providing technical explanations of investment plan
• Explaining investment products or investment performance to existing clients
• Providing services and administering investment products
• Accepting redemptions/withdrawals from clients and communicating instructions to home office
• Discussing tax consequences, costs and investment fees
• Maintaining daily ticker system for account follow-ups and service requirements
• Performing cashiering functions
• Running performance reports in Envestnet, Morningstar and NMCIR
• Completing rollover calls Qualifications
• Health and Life licensed or gain licensing within 6 months of employment
• Financial Service or Insurance industry experience preferred
• Series 6 and Series 63 in applicable states
• Computer experience and/or data entry
• Customer service experience
• Demonstrated organizational skills, ability to multi task and time management skills with ability to
• Strong attention to detail with the ability to work with a high degree of accuracy

Pay:

$65,000.00

• $75,000.

00 per year

Benefits:

Dental insurance Health insurance Paid time off Vision insurance

Work Location:

In person