Job Information
NORTHWESTERN MUTUAL LIFE INSURANCE Senior Director Field Financing in MILWAUKEE, Wisconsin
JOB REQUIREMENTS: At Northwestern Mutual, we are strong, innovative and growing. We invest in our people. We care and make a positive difference. Summary Directs the Succession Loan Support Program (SLSP) which has provided more than \$100 million of financing enabling advisors to transition their businesses within the NM Field and leads the SLSP team. Determines the strategic direction of the SLSP and applicable rules and policies. Responsible for evolving the SLSP to increase the program\'s impact while balancing financial risk to the policyholders. Leads the Field Loans team accountable for field loan administration, allowance programs, controls related to the Field loan portfolio and payment of special allowances. Primary Duties and Responsibilities Responsible for development and implementation of the strategies, tools and resources associated with NM\'s Succession Loan Support Program for advisors Chairs the SLSP Exception Committee utilized to provide structure and cross departmental input to exception requests related to the SLSP. Owns the relationships with our banking partners in the SLSP (currently Live Oak, Bank of America and Wintrust). Collaborates with internal and external partners to provide expert guidance and industry-leading succession and transition solutions, addressing the unique needs of solo advisor practices, ensembles and sophisticated firms. Oversees the Field Financing program to include Field loans, allowance programs, and other financing-related programs while adhering to the division\'s SLAs and accuracy targets. In addition to the team\'s primary production work, directs the team\'s other operational responsibilities including the reconciliation of commission-based accounts to the Company\'s general ledger, SNOS reporting, and the administration of internship programs. Responsible for the policies related to Field loans and for the technology used to administer these loans. Leads complex, enterprise-wide initiatives in support of transformation of NM\'s distribution system Qualifications Bachelor\'s or master\'s degree in related field required. Proven leader with 10+ years\' experience, including leading strategic initiatives and driving enterprise results. Deep knowledge of NM\'s distribution system with proven ability to collaborate with our most sophisticated advisors and across the organization including Distribution Strategy, Field Experience, Distribution Performance, Compliance and Law. Significant knowledge of NM\'s field structures, roles, contracts, compliance, distribution policy and legal issues associated with business transitions. Prior experience consulting and co-creating with financial advisors or small business owners preferred. Ability to rapidly acquire new business understanding and quickly transform ambiguous concepts into outcomes. Excellent interpersonal and communication skills, including comfort with broad business... For full info follow application link. EEO/AA Employer/Vets/Disability ***** APPLICATION INSTRUCTIONS: Apply Online: ipc.us/t/1A7C7E7CE6B246B8 Qualified females, minorities, and special disabled veterans and other veterans are encouraged to apply.