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NWAM, LLC, dba Northwest Asset Management and RIA Innovations is an SEC registered investment adviser.

For additional information please click the following link here.

B U S I N E S S    D E V E L O P M E N T    C O O R D I N A T O R

POSITION DESCRIPTION

Title: Business Development Coordinator

Reports to: Managing Partner

Benefits: Yes

Status: Full time

Pay Range: DOE

JOB SUMMARY

The Business Development Coordinator is one of the first contacts prospective advisors have with our organization. This person will assist the Managing Partner with due diligence, tracking, communication, follow up and administrative task in order to bring prospective advisors onboard and build successful long-term relationships. This position will focus on three main areas: advisor introductions and cultural fit, advisor onboarding, and relationship management.

DUTIES & RESPONSIBILITIES

The coordinator can expect to focus in the following areas:

 

  • Assist Managing Partner with interviewing new advisors and walking them through our process.

  • Support Managing Partner and custodian BDOs with tracking and communication of all leads.

  • Track leads, successes and failures, and follow up for feedback on lost business.

  • Develop a system to track and gather information that can be shared with prospective advisors, custodians, and used internally.

  • Track the onboarding process to ensure accurate completion.

  • Coordinate with custodians, BDOs, back office team, and other departments within firm.

  • Continuously look for areas of improvement during onboarding process including efficiency and advisor satisfaction.

  • Maintain regular contact with advisors to ensure their needs are being met.

  • Solicit feedback from advisors regarding services provided and back office teams through the use of surveys.

  • Identify areas of improvement for all processes involved in advisor onboardings.

  • Share best practices and facilitate instructions to staff.

REQUIREMENTS & QUALIFICATIONS

  • Bachelor’s degree from an accredited college or university.

  • Minimum 5+ years financial services industry experience, preferably in the Asset Management area.

  • Highly organized, detail-oriented individual with strong grit traits.

  • Strong presentation and project management skills with the ability and experience to handle and prioritize multiple assignments and conflicting deadlines, while providing a high level of client service.

  • Ability to work effectively under pressure with tight deadlines.

  • Strong relationship management and networking skills.

  • Proficiency with windows-based software (e.g. Word, Excel, and PowerPoint) and Outlook is required.

  • Excellent written and verbal communication skills – clear, concise and organized.

  • Ability to work in a team-based environment, proactively covering and sharing task responsibilities with other team members.

  • Be self-motivated, show initiative and creativity in all aspects of work.

  • Work independently with little supervision and knows when to ask for guidance, clarification, assistance.

  • Possess a high level of professionalism, confidentiality, discretion and judgment.

  • Solid strategic thinker and problem solver.

  • Reliable and dependable with a strong work ethics.