Sr. Director, Personal Investment & Retirement Consulting

Job Description

Position Summary:

The Sr Director, Personal Investment & Retirement Consulting manages and directs the Personal Investment and Retirement Consulting (PIRC) team in their day-to-day responsibilities of providing financial education to NRECA retirement plan participants. This position ensures team employee benefits knowledge relative to NRECA’s Retirement Security (RS) Plan and the 401(k) Pension Plan and provides the framework for the team to provide investment and retirement education through calls, financial seminars, and one-on-one sessions. Collaborates with other NRECA teams to enhance retirement product offerings, develop and update financial education for retirement plan participants and increase awareness and utilization of PIRC services. This is a position located in Arlington, VA.

Essential Duties and Responsibilities:

• Directs the Personal Investment and Retirement Consulting (PIRC) Team. Provides guidance, assistance and technical expertise on all aspects of financial services as they relate to NRECA operations, policies, retirement and health and welfare plans, products and programs. Advises team and members on the latest legal and business developments in the areas of retirement/investment planning, education funding, personal portfolio management, securities, life insurance/annuities, tax laws and estate planning issues; as well as Social Security and Medicare.
• Provides leadership to the team, including: setting clear expectations/goals/objectives; providing timely feedback, praise, coaching and recognition; promptly addressing performance or employee relations issues in accordance with NRECA policy; upgrading the skill set and effectiveness of the staff; and providing the materials, equipment and information required to support success.
• Oversees and manages development of team programs including retirement seminars, presentations and written retirement and asset allocation plans.
• As needed, travels to conduct seminars (standard or customized) and one-on-one consultations. Responds to participant inquiries (in phone or in person) regarding asset allocation, diversification, distribution strategies, and post-retirement investments. Assesses suitability requirements and provides appropriate retirement distribution and asset allocation suggestions. Prepares and delivers written retirement plans, as needed.   Also travels to represent PIRC at conferences and manages staff at events. 
• Collaborates with other NRECA teams to support organization-wide projects and initiatives to enhance retirement product offerings.
• Provides financial planning expertise in developing NRECA communications and marketing strategies.
• Works collaboratively with the compliance and legal departments to establish procedures and monitor activities to ensure adherence to regulatory and organizational compliance policies.

Direct Reports to this Position:

• Director, Planners Investment and Retirement Services
• Sr Manager, Planners Investment and Retirement Services
• Sr Manager, Investment and Retirement Services

Qualifications

Formal Education Required:

Bachelor's degree in business, finance, economics or accounting or an equivalent combination of education, training, and additional experience.
 

Experience and Certifications Required:

• Ten or more years of experience in the financial services industry consulting individuals on financial planning issues; managing a diverse and dispersed staff.
• Possess or be in the process of completing a relevant professional designation, such as CFP, CRC, ChFC or CEBS.

Knowledge, Skills and Abilities Required (as demonstrated by prior work experience):

• Ability to report to the office when required, travel by air or car for business activities. Travel of 30-40% can be expected.
• Knowledge of personal financial topics, such as retirement/investment planning education planning, personal portfolio management, securities, life insurance/annuities, tax law, estate planning issues, Social Security and Medicare.  As well as knowledge of pension and health and welfare plans and how they affect and interact with a participant’s financial situation.
• Ability to build and sustain a high-performing team with strong strategic relationships with key internal decision makers, members and staff.
• Ability to organize and manage time, multi-task, operate under pressure and prioritize projects (or work) using effective organizati