Senior Vice President, Workplace Solutions (529/ABLE plans)

Position Summary

The SVP of Workplace 529 & ABLE Solutions is responsible for defining and scaling a new employee benefit category by bringing 529 education savings and ABLE plans into the workplace. This role involves owning the end-to-end strategy, product development, and national distribution of these solutions.

Responsibilities

• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
• Identify channels and potential channel partners, including 401(k) recordkeepers, payroll firms, benefits platforms, benefits consultants, financial wellness platforms, HR platforms, other.
• Prioritize channels and build/execute on a business development approach.
• Partner with Ascensus Government Relations team and industry groups to drive towards tax benefits for employer 529/ABLE contributions.
• Partner with Product and UX to develop a product strategy, to include new employer and employee capabilities.
• Define employee education capabilities that should be a part of the offering.
• Define product servicing requirements, including employer servicing.
• Define operational requirements.
• Identify top partners/clients; establish and maintain relationships.
• Partner with 529 and ABLE relationship management team to drive communication and buy-in from clients and partners.
• Design organizational structure to support this new solution.
• Own P&L for workplace solutions implementations.
• Set clear goals, expectations, and objectives.

Requirements

• Minimum of 15 years’ experience in financial services management.
• Deep understanding of the workplace benefits space, including retirement.
• Understanding of 529 and ABLE products.
• Institutional relational management experience in financial services.
• Demonstrated ability to drive a new offering in a way that motivates a diverse group of leaders and associates to engage and participate in the vision and direction.
• Proven leadership, strategic planning, and decision-making skills.
• Proven organizational, time management, and communication skills.
• Sound judgement and discretion.
• Ability to set clear goals, expectations, and objectives.