Investment Consultant | Defined Contributions

CBIZ; Cleveland (OH); On-site; USD 55,000 - 90,000; Full time

Job summary

CBIZ is seeking an experienced investment advisory professional to support retirement plan services in Cleveland. The role involves technical investment analysis, market intelligence gathering, and collaboration with vendors, record-keepers, and custodians to ensure plan efficiency and compliance.

Responsibilities include assisting with client meetings, presenting investment reviews, performing manager due diligence, and managing fund lists with Morningstar Direct and Envestnet.

Qualifications

• Bachelor’s degree in finance or related field is required.
• At least three years in retirement plan investment advisory work.
• Series 65 or equivalent licensing to be obtained within 180 days of hire.
• Pursuing CFA/CPFA/CIMA or similar credentials is encouraged.

Responsibilities

• Provide technical expertise on investment questions for servicing clients.
• Establish relationships with vendors, record-keepers, managers, and custodians.
• Gather and maintain market intelligence on products and value propositions.
• Review and modify Investment Policy for Plan Sponsor compliance.
• Provide general client service and problem resolution.
• Prepare agenda items and content for client meetings.
• Assist with presentation of investment reviews to clients.
• Work with service team on investment review action items.
• Perform due diligence and commentaries on investment managers.
• Assess and analyze entries/removals for preferred fund lists.
• Cover asset class for preferred fund list; assist strategic projects.
• Produce reports using Morningstar Direct and Envestnet.
• Manage requests for proposals for plan recordkeepers/vendors.
• Provide investment advice to plan participants with Retirement Plan Education Specialist.

Skills

Client communication

Financial analysis

MS Office

Regulatory knowledge

Series 65

Education

Bachelor's degree in finance/economics or related

Tools

Morningstar Direct

Envestnet

Job description

• Provide technical expertise related to investment questions and issues in support of servicing clients
• Establish strong relationships with vendors, record-keepers, investment managers, and custodians
• Gather and maintain market intelligence related to products, services, and value propositions
• Review and modify the Investment Policy based on needs of the Plan Sponsor to ensure compliance and consistency
• Provide general client service and problem resolution services
• Prepare agenda items and content for client meetings
• Assist with the presentation of investment reviews with clients
• Work with service team on investment review action items/follow ups
• Perform due diligence and commentaries on investment managers
• Perform investment assessment and analysis for the entry and removal of preferred fund lists
• Cover asset class for preferred fund list
• Assist with and complete strategic projects on a quarterly basis
• Produce reports using investment software programs such as Morningstar Direct and Envestnet
• Manage client requests for proposals for plan recordkeepers/vendors
• Provide individual and global investment advice to plan participants as needed in conjunction with Retirement Plan Education Specialist
• Additional responsibilities as assigned

Job Description

Essential Functions And Primary Duties

• Provide technical expertise related to investment questions and issues in support of servicing clients
• Establish strong relationships with vendors, record-keepers, investment managers, and custodians
• Gather and maintain market intelligence related to products, services, and value propositions
• Review and modify the Investment Policy based on needs of the Plan Sponsor to ensure compliance and consistency
• Provide general client service and problem resolution services
• Prepare agenda items and content for client meetings
• Assist with the presentation of investment reviews with clients
• Work with service team on investment review action items/follow ups
• Perform due diligence and commentaries on investment managers
• Perform investment assessment and analysis for the entry and removal of preferred fund lists
• Cover asset class for preferred fund list
• Assist with and complete strategic projects on a quarterly basis
• Produce reports using investment software programs such as Morningstar Direct and Envestnet
• Manage client requests for proposals for plan recordkeepers/vendors
• Provide individual and global investment advice to plan participants as needed in conjunction with Retirement Plan Education Specialist
• Additional responsibilities as assigned

Preferred Qualifications

• Bachelor's degree in finance, economics, mathematics or other areas that contain strong analytical course content

Minimum Qualifications

• High School Diploma or GED
• At least three years of professional, retirement plan investment advisory experience in a 401(k) and/or 403(b) environment
• Possesses comprehensive knowledge of industry and professional concepts, principles, practices and procedures
• Possesses comprehensive knowledge of pertinent laws, regulations and professional standards
• Proficient use of applicable technology
• Proficient use of MS Office Suite (Outlook, Word, Excel, PowerPoint) and enterprise communication and travel solutions (Concur, Skype)
• Experience performing work that requires initiative and leadership skills
• Series 65 license, equivalent licenses or designations/certifications that permit an individual to act as an Investment Advisor Representative (or must be obtained within 180 days of hire). plus any other licenses as required by law
• Pursuing at least one of the following: CFA (Chartered Financial Analyst), CPFA (Certified Plan Fiduciary Advisory), CIMA (Certified Investment Management Analyst) or other approved credentials or those required by law
• Ability to anticipate and elicit customer needs
• Ability to self-learn and develop business and technical knowledge quickly
• Motivated team player with demonstrated interpersonal skills
• Comfortable working with quick turnaround times and deadlines
• Excellent communication skills with the ability to effectively interact with individuals at all levels of the organization

About Us

CBIZ, Inc. (NYSE: CBZ) is a leading professional services advisor to middle-market businesses nationwide. With industry knowledge and expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ delivers actionable insights to help clients anticipate what is next and discover new ways to accelerate growth. CBIZ has more than 9,500 team members across 23 major markets coast to coast.

CBIZ strives to be our team members' employer of choice by creating an environment where team members are appreciated, recognized for their contributions, and provided with opportunities to grow, both personally and professionally, throughout their careers.

Together, CBIZ and CBIZ CPAs are ranked as one of the top providers of accounting services in the United States. CBIZ CPAs is an independent CPA firm that provides audit, review and attest services, while CBIZ provides business consulting, tax and financial services. In certain jurisdictions, CBIZ CPAs operates under its previous name, Mayer Hoffman McCann P.C.