Strategic Investment Operations Professional
6 days ago
Vestwell is a leading financial technology company powering the new savings economy. We redefine how people save for critical aspects of life across retirement, education, and healthcare savings needs. Our New York City-based fintech platform serves over 350,000 businesses and nearly 1.5 million active savers, with over $30 billion in assets saved across all 50 United States.
We offer a range of products, including workplace-delivered retirement plans, employer-offered student loan repayment benefits, and various savings accounts for education, emergencies, and individuals with disabilities.
As a Strategic Investment Operations Professional, you will play a key role in coordinating the setup of investment products and programs with our partner custodians, advisors, fund/insurance companies, and investment managers. You will be responsible for maintaining and updating investment products for plans currently on the platform, managing internal and external communications around investments with various stakeholders.
This operational role sits at a unique intersection of clients, operations, and strategy. The job requires keen attention to detail and the ability to track multiple projects and communicate with 3rd parties across multiple platforms.
Key Responsibilities- Partnering with our plan sales and implementations teams to vet and implement the investment options for plans being brought onto the Vestwell platform, including cost and asset class coverage analysis
- Coordinating with our custody partners to ensure a seamless new plan onboarding process
- Liaising with Fund and Insurance companies to ensure appropriate processes are in place for making funds available within plans
- Working with 3rd party investment managers and advisors to define onboarding and ongoing requirements
- Ensuring investment performance and fact sheets are updated regularly
- Reviewing and processing of Fund/Model Changes within Investment Program Lineups
- The ability to understand the big picture and the importance of the team's role in the overall process
- Excellent communication skills across internal stakeholders and external partner groups
- Passion for learning and applying new concepts, and bridging information where continued process-development is key
- The ability to self-manage around tight deadlines in a fast-paced environment while ensuring the integrity and accuracy of the details
- Strong technical proficiency using Excel and process management tools
- 3 - 5 years of retirement recordkeeping experience
Vestwell offers a competitive salary range of $80,000 - $100,000 per year, based on location and experience. Additionally, we provide a comprehensive benefits package, including health coverage, generous vacation time, and a 401(k) plan.
We value health and wellness at Vestwell and have adopted a hybrid office policy, allowing employees to work effectively remotely. Our bright, comfortable office in midtown Manhattan provides a welcoming space for collaboration and productivity.
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