Grow your career with a growing organization
Whether they’re helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that’s hard to beat. And from a personal satisfaction perspective, you’ll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.
Empower’s Personal Wealth segment (“EPW”) is a rapidly growing business, leveraging Empower’s financial planning expertise and technology to deliver advice, professionally managed accounts, as well as financial wellness and planning across Empower’s Workplace and Wealth Management business.
As a Director of Strategy & Business Development you are part of a small but impactful team that partners directly with the EPW leadership team to drive long-term strategic decisions and evaluate new business opportunities. In this role, you will develop informed positions on questions that shape the future of EPW and generate long-term value for our business. You will work on a wide range of projects, collaborate cross-functionally and connect strategy to execution to help implement our recommendations.
This position is not a sales leadership role, or focused on existing product management, it is all about having a vision to see "what's next" in financial services.
What You Will Do
• Evaluate strategic business, product and partnership opportunities to help EPW decide where to deploy its resources to maximize long-term value
• Collaborate with EPW leadership team to drive strategic decisions by clearly defining a challenge or opportunity, develop actionable solutions and understand tradeoffs
• Evaluate new business expansion opportunities from start to end, including building the initial hypothesis, testing it, refining the proposed solution(s) and sourcing potential partners
• Manage external partner relationships including initial identification, evaluation, negotiations and onboarding of new partners
• Develop a deep understanding of the competitive landscape and industry offerings to identify upcoming challenges or white space opportunities for EPW
• Support the strategy development process during the annual budget season and when developing the multi-year strategic business plan for EPW
• Build financial models, simulations, and business cases to identify patterns and inform data-driven decision-making
• Solve hard, ambiguous questions by thinking creatively and collaborating cross-functionally with data analytics, finance, product, marketing, advisory and other teams
What You Will Bring
• 10+ years of experience in leading strategic projects and evaluating new business opportunities in a fast-paced growth environment
• Professional experience in strategy consulting, banking, corporate strategy, or a similar role in high growth tech companies preferred
• In-depth financial services industry knowledge, including emerging trends, competitors, and market dynamics
• Outstanding communication skills, adept at influencing and persuading stakeholders through effective and impactful communication
• Analytical thinker with proven hypothesis-driven approach to ambiguous questions, bringing structure to quantitative and qualitative insights
• Passionate about tackling complex and impactful business challenges with a high level of independence and attention to detail
• Expert in creating compelling presentations that tell a story as much as persuade with data analysis
• Ability to quickly switch context between 10k feet strategic level and detailed execution-oriented work
• Bachelor’s degree
What will set you apart?
• Proven track record of formulating executive-level recommendations on strategic business questions, supported by objective data analysis
• A curious mindset and passionate about identifying new opportunities to support EPW’s growth
• Experience in the wealth management and/or fintech industry with demonstrable knowledge of industry trends and best practices
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• **Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***
What We Offer You
We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.
• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holid
Location: Elizabeth, NJ
Posted: Oct. 4, 2024, 8:41 p.m.
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