Director, Managing Director- 401K Relationship Manager

Fidelity Investments Inc.; Mountain Home (TX); On-site; USD 140,000 - 210,000; Full time

Job summary

Fidelity Investments Inc. seeks a Director, Managing Director-401K Relationship Manager to act as the primary client contact for plan sponsors, leading a team to deliver retirement services and investment solutions.

This onsite role requires Series 7 and 63 licenses, 3–5+ years' experience in relationship management within retirement/401(k), and exceptional communication, organization, and problem-solving skills to build trusted advisor relationships.

Qualifications

• Must hold Series 7 and 63 licenses.
• 3–5+ years of Relationship Management or Client Service experience in Retirement/401(k).
• Experience with retirement plan record keeping and administration.
• Excellent verbal and written communication skills.
• Strong organization and attention to detail.

Responsibilities

• Serve as primary client contact and lead relationships with plan sponsors.
• Educate, resolve client issues and meet client needs in a team setting.
• Coordinate with Fidelity teams to deliver service and investment solutions.
• Plan and conduct effective in-person and/or phone client meetings.
• Assist with investment strategy discussions and plan design considerations.

Skills

Relationship management

Client service

Verbal and written communication

Problem-solving

Education

Series 7 license

Series 63 license

Retirement/401(k) industry experience

Job description

Fidelity will not provide immigration sponsorship for this position.

Job Description

Job Title: Director, Managing Director- 401K Relationship Manager

The Role

The Director, Managing Director is the primary contact for the client and works in a team structure which is collectively responsible for leading, educating, resolving client issues, establishing relationships and meeting the needs of Plan Sponsors. In this role you will develop positive relationships with institutional clients and build internal working relationships with Fidelity personnel in support of service delivery.

• We require associate in this role to hold Series 7 and 63 licenses.
• We prefer associates to have 3-5 plus years of Relationship Management or Client Service experience; preferably within Retirement/401K industry.
• Your retirement plan record keeping and administration experience.
• Your relationship management experience.
• You have excellent verbal and written communication skills.
• Your excellent organization and time leadership skills and attention to detail.
• You have shown problem-solving skills.
• Your effective presentation skills, influence and negotiation skills.
• Verifying client agreement about the issues and options before implementing with solutions. Developing, leading and maintaining strong client relationships.
• We are responsible for building positive relationships based on shared dedication to mutual goals. We set the strategic direction for the plan and demonstrates ultimate ownership and accountability for the relationship. Acts as the client’s 'trusted advisor'.
• Building client relationship to the highest level of decision makers.
• Planning and conducting effective in-person and/or phone meetings.
• Makes detailed plans and preparations for client meetings.
• Accurately planning, influencing, and implementing Fidelity solutions to address needs.
• Differentiating Fidelity's benefits approach against competitive benefit solutions.
• Facilitating discussions with clients regarding legal, regulatory and design issues across the plan. Consults with clients on qualified and potentially nonqualified plan design alternatives.
• Coordinating internal resources to provide analysis and recommendations to clients on design alternatives.
• Responsible for analyzing investment architecture and providing appropriate alternatives.
• Identifying key drivers and maintains consistent formal/informal contact with key client decision makers.
• Actively facilitating Investment Review meetings.
• Working closely and actively leads discussions with Investment Consulting to build effective investment strategies and develop solutions that benefit clients/Fidelity.
• Assisting Plan Sponsors with plan corrections, resolving operational defects, PSW navigation, providing plan and participant literature, and contribution inquiries.
• This includes problem resolution on behalf of clients to produce a satisfactory outcome.
• Considered the lead associate for the Book of Business with supporting functions (Client Service Manager, Testing and Reporting Analyst) providing services through the MD to the client.
• Building and developing strong working relationships.

The Team

The Managing Director is the primary contact for their client and works in a team structure which is collectively responsible for leading, educating, resolving client issues, establishing relationships and meeting the needs of Plan Sponsors.

Fidelity’s Onsite Working Model

Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications

Series 07 - FINRA, Series 63 - FINRA

Category

Relationship Management

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.