Retirement Strategy Consultant - RPAT

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Retirement Strategy Consultant - RPAT will provide consultations and advice on foundational financial topics to plan participants. Significant focus is placed on making sure that participants are taking actionable steps that can set them up for future financial success. Role provides education and point-in-time advice, including fiduciary investment advice through the BIP tool. This role also focuses on opportunities for ongoing professional account management and educates or advises participants on Empower Managed Account Services solutions. Role is responsible for increasing assets under management (AUM) by initiating proactive discussions and educating participants on industry best practices on retirement readiness. This is a dually licensed advisory and broker dealer role responsible for enrollment and retention of our plan participants in Advisory Services. Role will be held accountable for meeting bi-monthly goals.

What you will do

• Educate and advise plan participants on the Advisory Services available through their plan to assist the participant in reaching their retirement goals.
• Gains and employs expert knowledge about RPAT plan rules, processes, procedures, and key stakeholders inclusive of plan advisors, third-party administrators, and internal Workplace Solutions partners.
• Proactively identify customer retirement planning needs and utilize Empower Best Interest Profile (BIP) tool to deliver fiduciary recommendations relating to all advice modules, including investment advice.
• Accountable to customers implementing recommendations and assisting with completion, including account rebalancing or enrollment in managed accounts.
• Must be able to comprehensively explain the methodology behind the services and offer solutions to assist the participant reach their financial goals.
• Must collect detailed information around an individual’s financial objectives, asset composition, and historical information, as a basis to help them achieve their future financial goals through Empower solutions.
• Identify, execute, and follow-up on opportunities to contract additional client assets while providing client retirement planning discussions.
• Identify trends and determine proactive solutions to maximize service quality and increase assets under management.
• Adhere to compliance/risk procedures and exhibit detailed attention to policy and procedures by focusing on the participant’s best interest.
• Document information from conversations with clients pertinent to business and relationship development to be referenced for follow-up calls.
• Responsible for providing fiduciary advice by leveraging Empower Best Interest Profile tool when appropriate.
• Explain and justify past returns in comparison to the economic environment, while acknowledging the goal of managed account services.
• Will have assigned goals and with high level of accountability to produce positive results that directly correlate to retention, increasing assets under management and participant growth for Advisory Services.

What you will bring

• 3+ years financial industry experience.
• Strong interpersonal skills, ability to work in teams.
• Self-starter with demonstrated success in problem solving.
• Experience working in a metrics/activity driven team.
• Goal and results oriented with high level of accountability to produce positive results that directly correlate to retention and increasing assets under management and participant growth for managed accounts.​
• Bachelor’s Degree and/or equivalent work experience
• FINRA Series 7, and 66 (or Series 63 and Series 65) registrations required within corporate-established timelines.

What will set you apart

• Proficient in Salesforce, My total Retirement, and Edelman Financial Engines.
• Must exhibit an advanced understanding of EAG managed account program.
• Must show an advanced understanding of retirement planning.
• Must be available to wo