Retirement Plan Product Manager (Product Manager 1)

Job Description

Important Note: During the application process, ensure your contact information (email and phone number) is up to date and upload your current resume when submitting your application for consideration. To participate in some selection activities you will need to respond to an invitation. The invitation can be sent by both email and text message. In order to receive text message invitations, your profile must include a mobile phone number designated as “Personal Cell” or “Cellular” in the contact information of your application.

At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity and inclusion in a workplace where everyone feels valued and inspired.

Help us build a better Wells Fargo. It all begins with outstanding talent. It all begins with you.

Wealth & Investment Management, or WIM, is one of the United States’ leading providers of financial and investment services. WIM provides a full range of personalized wealth management, investment, and retirement products and services to meet clients’ unique needs and help them achieve financial goals. Our mission is to help clients pursue their financial goals with confidence. We accomplish this by:

o Building enduring client relationships through sound, thoughtful, and objective advice
o Developing individualized plans for clients to help meet their financial objectives
o Helping clients build, manage, preserve, and transition their financial resources and wealth

WIM serves clients through the following businesses:

o Wells Fargo Private Bank serves high-net-worth individuals and families.
o Abbot Downing serves ultra-high-net-worth individuals and families.
o Wells Fargo Advisors provides investment advice and guidance to clients through more than 13,200 full-service financial advisors and referrals from more than 5,450 licensed bankers.
o Wells Fargo Asset Management brings together a strategic balance of investment capabilities to serve the investment needs of institutions, financial advisors, and individuals worldwide.

Through Wells Fargo Private Bank and Abbot Downing, WIM is also a leading provider of trust, investment, and fiduciary services, including personal trust services and a number of specialized wealth services designed to meet the diverse needs of high-net-worth clients.

This Retirement Plan Product Manager (PM1) is a retirement plan professional focused on product and risk management control. This individual in coordination with Retirement Plan Consulting leaders, will work with various stakeholders across the firm such as Service & Operations, Compliance, Risk and Legal to ensure that applicable policy & procedures are implemented and/or maintained and in identifying, researching and developing any new sales or product opportunities.

The ideal candidate has experience supporting the development and/or implementation of retirement plan sales strategy across several platforms, possesses strong written and verbal communication and doesn’t mind working in a high-volume, fast-paced environment supporting multiple retirement plan products.

Responsibilities include:
• Supporting employer retirement plan product solutions, sales ideas and strategies to help financial advisors retain and grow employer sponsored retirement plans primarily 401(k) but could include defined benefit, profit sharing, SEP, SIMPLE IRA and Non-Qualified Deferred Compensation plans based on assessment of competitive environment and new opportunities.
• Creating, implementing, and maintaining proper documentation of policy and procedures
• Assisting with SEP and SIMPLE IRA product oversight and plan documents
• Applying technical knowledge and understanding of qualified plans, SEP and SIMPLE IRAs to assess regulatory impacts
• Executing product changes including marketing material, internal resources in response to regulatory and market demands
• Assisting client facing employees with firm approved information to respond to Request for Proposal (RFP) inquires
• Act as subject matter expert with in-depth knowledge of retirement plan products across multiple platforms and assist in training and educating team members and financial advisors.

• 2+ years of product management experience, marketing experience, or a combination of both

• 2+ years of retirement or Individual Retirement Account (IRA) experience
• Knowledge and understanding of defined benefit plans, non-qualified plans or 401(k) recordkeeping
• Ability to review and interpret retirement plan documents
• Experience reviewing and interpreting retirement plan documents
• FINRA registration including Series 7 and 66 (or FINRA recognized equivalents)
• Advanced Microsoft Office (Word, Excel, Outlook and PowerPoint) skills
• Strong presentation skills
• Excellent verbal, written, and interpersonal communication skills
• Ability to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex environment
• Ability to consult, build, and maintain solid working relationships in and outside of immediate department
• Strong organizational, multi-tasking, and prioritizing skills
• Ability to work effectively, as well as independently, in a team environment
• A BS/BA degree or higher

• Experience partnering with financial advisors and branch managers on retirement product solutions
• Chartered Retirement Plans Specialist SM (CRPS®) designation or other approved retirement industry designations
• experience working with financial advisors

The salary range displayed below is based on a Full-time 40 hour a week schedule.
MO-Saint Louis: Min: $54,000 Mid: $75,000 Max: $96,000

MO-Saint Louis: 1 N Jefferson Ave - Saint Louis, MO

All offers for employment with Wells Fargo are contingent upon the candidate having successfully completed a criminal background check. Wells Fargo will consider qualified candidates with criminal histories in a manner consistent with the requirements of applicable local, state and Federal law, including Section 19 of the Federal Deposit Insurance Act.
Relevant military experience is considered for veterans and transitioning service men and women.
Wells Fargo is an Affirmative Action and Equal Opportunity Employer, Minority/Female/Disabled/Veteran/Gender Identity/Sexual Orientation.

Benefits

Visit https://www.wellsfargo.com/about/careers/benefits for benefits information.