We're strong and growing. In a company with such a long and storied history, this may be the most exciting and important time to be a part of Northwestern Mutual. We're strong, innovative and growing.
We invest in our people. We provide opportunities for employees to grow themselves, their career and in turn, our business.
We care. We make a positive difference in our communities. Nationally, thousands have benefitted from our support of research and programs to fight childhood cancer. Each year, our Foundation, employees and financial representatives donate time, talent and financial support to causes they're passionate about.
What you will do?
The primary responsibility of this position is to support Mason Street Advisors, the retail investment adviser of Northwestern Mutual, in the governance and administration of the adviser and management of subadvised funds. This new position will work extensively with various business partners within the home office.
- Lead the execution of Mason Street Advisors' service provider oversight program
Lead the execution of Mason Street Advisors' service provider oversight program - Support the execution and operation of Mason Street Advisors' governance and recordkeeping
Support the execution and operation of Mason Street Advisors' governance and recordkeeping - Support the ongoing management of and updates to the adviser and mutual fund risk management plans
Support the ongoing management of and updates to the adviser and mutual fund risk management plans - Coordinate reporting to support the administration of Mason Street Advisors' business and improve processes
Coordinate reporting to support the administration of Mason Street Advisors' business and improve processes - Act as the primary liaison with the organization's risk and controls group regarding such matters as risk management and service provider oversight
Act as the primary liaison with the organization's risk and controls group regarding such matters as risk management and service provider oversight - Support the implementation of new regulatory initiatives
Support the implementation of new regulatory initiatives - Assist with management of subadvisory oversight and reporting
Assist with management of subadvisory oversight and reporting
- Maintain a current understanding of the investment management, mutual fund and subadvisory business
Maintain a current understanding of the investment management, mutual fund and subadvisory business
Bring Your Best! What this role needs:
- Bachelor's degree in business, finance, economics or related field or equivalent experience, with an advanced degree (such as MBA) preferred
Bachelor's degree in business, finance, economics or related field or equivalent experience, with an advanced degree (such as MBA) preferred - Generally, five or more years of experience in investment management and/or financial services
Generally, five or more years of experience in investment management and/or financial services - Experience supporting investment advisers and mutual funds, with subadvisory experience preferred
Experience supporting investment advisers and mutual funds, with subadvisory experience preferred - Experience with using technology to enhance business practices, especially reporting
Experience with using technology to enhance business practices, especially reporting - Knowledge of legal and compliance matters and the regulatory environment
Knowledge of legal and compliance matters and the regulatory environment - Ability to solve complex problems
Ability to solve complex problems - Ability to work independently
Ability to work independently - Ability to gain consensus and support cross-departmental initiatives
Ability to gain consensus and support cross-departmental initiatives - Ability to apply thought leadership in maintaining and enhancing the business
Ability to apply thought leadership in maintaining and enhancing the business - Strong organizational and follow-through skills, with ability to lead others around deadlines and prioritization of work
Strong organizational and follow-through skills, with ability to lead others around deadlines and prioritization of work - Strong verbal and written communication skills
Strong verbal and written communication skills - Strong knowledge of Microsoft Excel, PowerPoint and Word
Strong knowledge of Microsoft Excel, PowerPoint and Word
Benefits:
Great pay package, 401K, Company sponsored retirement plan, educational assistance, Performance based incentive pay, Medical, dental and vision insurance, Parental leave, Caregiver time off....and more
#IN-POST
Compensation Range:
Pay Range - Start:
$84,350.00
Pay Range - End:
$156,650.00
Geographic Specific Pay Structure:
Structure 110:
Structure 115:
We 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 who welcomes and encourages diversity in the workforce. 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.
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.
- Flexible work schedules
- Concierge service
- Comprehensive benefits
- Employee resource groups
What the Team is Saying
Northwestern Mutual Compensation & Benefits Highlights
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Retirement Support — Retirement programs feature both a 401(k) and a company‑funded cash balance plan, with materials noting age+service‑based credits and periods when additional employer funding is directed to the pension‑style plan. Vesting timelines are specified for each plan, signaling a long‑term, security‑oriented design.
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Healthcare Strength — Health coverage spans medical, dental, and vision with Lyra mental‑health support, on‑site Mutual Health Centers in select locations, virtual care options, and fitness reimbursement or on‑site gyms. This breadth positions core health benefits as comprehensive for eligible corporate employees.
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Parental & Family Support — Programs include paid parental leave, caregiving leave, and family‑building supports such as fertility, adoption, and surrogacy assistance. These offerings extend beyond baseline benefits to cover key life stages for families.
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What We Do
You’ll Like It Here At Northwestern Mutual, we believe that our lives and our work matter. And that doing what’s right is good for everyone. We follow through by designing tech that improves the community and cultivating creative ways to make finance accessible anywhere. These guiding principles have allowed our company to grow for more than 160 years. Here, you’ll be with a team who emphasizes integrity and prioritizes security to design experiences that better everyone. You’ll work in cross functional teams to create optimal solutions that are rooted in innovative strategy and thoughtful execution. And you’re provided development tools and opportunities to become a leader all with the support of a collaborative team. You’ll be surrounded in a culture that values innovation and works to always evolve to stay ahead of trends and client needs. We are intentional in seeking out team members who will challenge us. Our employees choose us for the career opportunities, commitment to philanthropy and desire to have a meaningful impact in the lives of our clients. You have career passions and goals. We have ambition and opportunity for you to grow your future in tech. Discover today: https://careers.northwesternmutual.com/
Why Work With Us
We invest in our people. We know careers are about choices, so we provide intentional opportunity. Here you can build creative ways to make finance accessible anywhere and revolutionize traditional processes. As a mutual company, our focus is our people — whether professional development or investments in the community.
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Employees engage in a combination of remote and on-site work.
We offer a flexible, hybrid approach for our employees . Teams are in the office a few days a week and work from home the others.
