Description
Summary
Mason Street Advisors (MSA) manages over $42 billion in assets across 34 individual funds and 2 mutual fund clients. These funds are exclusively offered through Northwestern Mutual advisory services and variable insurance and annuity products. This position is responsible for budgeting, profitability and pricing for MSA and the funds for which it serves as investment adviser. This position also supports the planning and execution of MSA’s subadvisory oversight, supervision and reporting responsibilities.
Primary Duties & Responsibilities
Support the budgeting, forecasting, profitability, pricing and financial controls for MSA
Coordinate with the Finance Department regarding revenue and expense management
Monitor the financial aspects and contracts of MSA’s vendors
Maintain a keen understanding of inter-company agreements between MSA and its affiliates
Provide financial perspective on specific business plans and initiatives relating to MSA and the funds advised by MSA
Prepare materials and reports to the board of directors of MSA’s mutual fund clients, with a focus on fees, expenses and profitability
Maintain awareness of subadvisory fee trends within the industry and review existing and prospective subadvisory fee arrangements for competitiveness
Support the day-to-day activities for the maintenance and enhancement of sub-advisory oversight and supervision, including board reporting
Identify opportunities to increase efficiency in data collection, organization and report creation through process optimization and emerging technologies
Qualifications
Bachelor’s degree required with a major in business, economics, finance, accounting or related field, with an advanced degree (such as MBA) or designation preferred
Minimum of 8 years’ experience, including solid knowledge of financial concepts and strategic operational planning
Minimum of 5 years of experience in investment management and/or financial services
Demonstrated ability to apply strategic thinking and sound judgment to support business planning and operational improvements
Superior verbal and written communication skills
Lead and influence others outside of a direct reporting relationship
Strong organizational skills and attention to detail
Ability to prioritize and work independently
Expertise in Microsoft Excel and Power BI
Strong knowledge of Microsoft Word and PowerPoint
Compensation Range:
Pay Range - Start:
$118,960.00Pay Range - End:
$178,440.00Geographic Specific Pay Structure:
Structure 110:
$130,880.00 USD - $196,320.00 USDStructure 115:
$136,800.00 USD - $205,200.00 USDWe believe in fairness and transparency. It’s why we share the salary range for most of our roles. However, final salaries are based on a number of factors, including the skills and experience of the candidate; the current market; location of the candidate; and other factors uncovered in the hiring process. The standard pay structure is listed but if you’re living in California, New York City or other eligible location, geographic specific pay structures, compensation and benefits could be applicable, click here to learn more.
Grow your career with a best-in-class company that puts our clients' interests at the center of all we do. Get started now!
Northwestern Mutual is an equal opportunity employer that welcomes talented individuals of all backgrounds. We are committed to creating and maintaining an environment in which each employee can contribute creative ideas, seek challenges, assume leadership and continue to focus on meeting and exceeding business and personal objectives.
Skills
Competitive Benchmarking (NM) - Expert, Training, Educating & Awareness (NM) - Advanced, Customer, Market & Ecosystem Knowledge (NM) - Expert, Cross Functional Partnering & Planning (NM) - Advanced, Customer Support (NM) - Expert, Financial Acumen (NM) - Expert, Investment Products (NM) - Expert, Customer Centricity (NM) - Expert, Insurance Products (NM) - Expert, Field Advocacy (NM) - Expert, Financial Case Consultation & Resolution (NM) - Expert, Facilitation (NM) - Advanced, Sales Cycle Acumen (NM) - Expert, Adaptive Communication (NM) - Advanced, Analytical Thinking (NM) - Expert, Customer Segmentation (NM) - Advanced, Financial Planning (NM) - Expert, Capital Markets Ecosystem (NM) - Expert, Learning Agility & Critical Thinking (NM) - Advanced, Consulting (NM) - Expert
FIND YOUR FUTURE
We’re excited about the potential people bring to Northwestern Mutual. You can grow your career here while enjoying first-class perks, benefits, and our commitment to a culture of belonging.
