Sr Analyst, Suitability NW Securities

Are you passionate about being part of a team at a Fortune 100 company with nearly $70 billion in annual sales that delivers extraordinary care to help individuals and businesses prepare for and protect their future? If so, then Nationwide Financial could be the place for you! At Nationwide®, “on your side” goes beyond just words. Our customers and partners are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

Current or prior experience as an associate within Nationwide’s Investment Management Group (IMG) is highly preferred.

Job Description Summary

Success on our team is directly related to embracing change, providing exceptional customer service and having a passion for getting things done right. We work together to build our business and grow profitably, with unwavering attention to detail. If you are naturally curious, want to grow and learn and develop your expertise in financial services, we want to know more about you!

As a Senior Analyst, you’ll be responsible for reviewing securities, investment advisory, variable insurance and fixed annuity business for completeness, required documentation, forms and data, also known as “In Good Order” requirements. You will review In Good Order cases for Best Interest and evidences the approval or declination of each case in Nationwide Securities LLC’s (NSLLC) workflow system.

Job Description

Key Responsibilities:    

• Reviews variable business (variable life, variable annuity and mutual funds) applications submitted by NSLLC registered representatives for Best Interest. Interacts with Office of Supervisory Jurisdiction (OSJ) on escalated cases. 

• Reviews fixed annuities for suitability under the General Agency on behalf of Nationwide Life.

• Reviews brokerage (stocks, bonds, certificates of deposit, mutual funds) new accounts and financial plans business for Best Interest of the investment.

• Contacts agents via phone and email to acquire missing forms or data so that the case can be reviewed for Best Interest, and further processing.

• Provides subject matter expertise and input on NSLLC projects and initiatives. 

• Provides guidance and/or training to partners and clients on issues, including new business review, processes, new forms and/or rules.

• Provides documentation or case summaries during regulatory examination, as needed. 

May perform other responsibilities as assigned. 

Reporting Relationships: Reports to Director, Centralized Supervision, and does not have direct reports. 

Typical Skills and Experiences: 

Education: Undergraduate degree in business or finance preferred.

License/Certification/Designation: FINRA Series 7, 24, 53, 63, 65 or 66 license(s) required. Life and Annuity License required.  ChFC/CLU/CFP encouraged. Candidates must have the 7 and 24 licenses, at a minimum, to be considered for the position and obtain the required federal and/or state licenses/registrations within the time specified by the business unit. Additional licenses/registrations may be required when new products and services are implemented. If an associate fails or is unable to acquire required licenses/registrations within the designated time period, the associates will be ineligible to continue in the position.

Experience: Three years of field experience, insurance back office or sales management preferred. 

Knowledge, Ability and Skills: Working knowledge of insurance or financial business processes. Strong verbal and written communication skills. Non-standard or extended work may be required based on project needs. Ability to operate a personal computer and business software. Must be flexible and able to adapt to changing procedures, processes, systems etc. Able to manage escalations, and able to have difficult conversations.

Other criteria, including leadership skills, competencies and experiences may take precedence.

Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values: Regularly and consistently demonstrates the Nationwide Values.

Job Conditions:

 

Overtime Eligibility:  Not Eligible (Exempt)

Working Conditions: Normal office environment. May not work from home as recorded lines are needed and homes are not registered as FINRA branches.

ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties. 

Credit/Background Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.

Benefits

We have an array of benefits to fit your needs, including: medical/dental/vision, life insurance, short and long term disability coverage, paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date, nine paid holidays, 8 hours of Lifetime paid time off, 8 hours of Unity Day paid time off, 401(k) with company match, company-paid pension plan, business casual attire, and more. To learn more about the benefits we offer, click here.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

NOTE TO EMPLOYMENT AGENCIES:

We value the partnerships we have built with our preferred vendors. Nationwide does not accept unsolicited resumes from employment agencies. All resumes submitted by employment agencies directly to any Nationwide employee or hiring manager in any form without a signed Nationwide Client Services Agreement on file and search engagement for that position will be deemed unsolicited in nature. No fee will be paid in the event the candidate is subsequently hired as a result of the referral or through other means.

Nationwide pays on a geographic-specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part-Time Roles: Please be aware that the salary ranges listed below reflect full-time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full-time schedule.

The national salary range for Sr Analyst, Suitability - Nationwide Securities : $62,500.00-$115,500.00

The expected starting salary range for Sr Analyst, Suitability - Nationwide Securities : $62,500.00 - $93,500.00