Wealth Ops Specialist - Field Shared Services (Hybrid)

northwesternmutual; Milwaukee (WI); Hybrid; USD 57,000 - 85,000; Full time

Job summary

Northwestern Mutual in Milwaukee, WI, is seeking a Wealth Operations professional to support investment client onboarding (ICOB) and related transfers in a hybrid work arrangement.

You will prepare investment proposals, monitor transfer status, and collaborate with advisors while applying critical thinking and attention to regulatory requirements. A bachelor's degree and 2+ years of financial services experience are expected, with FINRA Series 7 preferred or achievable within 6 months.

Qualifications

• Bachelor's degree in business, finance or related field.
• FINRA Series 7 preferred or ability to obtain within 6 months.
• Minimum of two years of financial services experience.
• Experience with investment operations activities such as new account opening or transfers.
• Strong communication and analytical skills.

Responsibilities

• Create investment proposals, generate new account paperwork, enter transfer requests and ACH/cash management instructions with high degree of accuracy.
• Track status of accounts in investment systems and contact contra-firms for transfer status.
• Apply critical thinking and good judgment to resolve requests or issues related to account transfers; determine when to elevate those requiring more advanced knowledge.
• Support the team in leading weekly calls with advisors subscribed to the services to give status updates or background information on in process work as well as work through best practices with advisors so that they can fully leverage our services.
• Recommend and implement improvements to standard work and/or work processes.
• Mentor less experienced staff in technologies and standard work.
• Perform final quality checks for peers and more junior staff.
• Use basic investment knowledge to provide flexibility on standard work.
• With guidance, understand and apply special instructions that are outside of standards.

Skills

Cross Functional Partnering

Customer Centricity

Financial Acumen

Learning Agility

Education

Bachelor's degree in business, finance or related field

Job description

Northwestern Mutual in Milwaukee, WI, is seeking a Wealth Operations professional to support investment client onboarding (ICOB) and related transfers in a hybrid work arrangement.

You will prepare investment proposals, monitor transfer status, and collaborate with advisors while applying critical thinking and attention to regulatory requirements. A bachelor's degree and 2+ years of financial services experience are expected, with FINRA Series 7 preferred or achievable within 6 months.