Vendor Analyst

Position Overview
The Vendor Analyst is responsible for supporting consultants in serving the firm's retirement plan clients on matters related to their recordkeeping vendor. Areas of focus include new client onboarding, vendor fee benchmarking and fee changes, recordkeeping vendor search, and vendor implementation support.
Primary Responsibilities

• New client and plan onboarding
  • Initial data request
  • Collection and filing of documents
  • Setup and configuration of internal systems such as document management folders and CRM system
• Vendor fee benchmarking
  • Ongoing clients, project clients, and prospective client fee benchmarking
  • Data request and collection
  • Comprehension and interpretation of service provider agreements
  • Creation of fee benchmarking reports
• Vendor fee changes
  • Coordination of vendor fee changes with recordkeeping vendors
  • Updates to CRM system to reflect changes in vendor fee structure
• Vendor search project support
  • Initial data request
  • Collection and filing of vendor search data
  • Updates to CRM to reflect changes in recordkeeping vendor relationships
• Vendor due diligence
  • Collection and entry of vendor capabilities data
  • Attendance at recordkeeping vendor due diligence meetings

Minimum Qualifications

• Bachelor's Degree or equivalent work experience
• Goal-oriented and self-motivated to achieve objectives
• Advanced proficiency in Microsoft Excel
• Demonstrated analytical mindset
• Ability to communicate professionally with clients and vendors
• Interest in learning the retirement plan industry
• Demonstrated attention to detail

Compensation and Benefits

• Compensation is commensurate with experience
• 401(k) Plan with 3% Safe Harbor contribution plus annual discretionary profit-sharing contributions
• 100% of employee's medical and dental insurance premiums
• Unlimited paid time off
• Flexible spending plan for medical, dependent care, and transportation expenses
• Tuition reimbursement plan

Firm Overview

Multnomah Group is a 100% fee-for-service consulting firm. We serve our investment consulting clients as fiduciaries to their plan. Our focus within the retirement plan marketplace and our conflict-free structure, paired with our forward-thinking, comprehensive solutions, enable us to serve as a partner for clients. Plan sponsors are required to deal with complicated subject matter and we work to unravel that complex information and create clear pathways and smart strategies for their retirement plan program.

At Multnomah Group, we want to grow and develop our people by providing an environment that fosters their personal development and professional growth. Our team has the flexibility to make work and life coexist in a balanced way. It’s a culture that allows us to attract and retain skilled professionals that bring their passion and expertise to making retirement plans more effective. We are very proud that our commitment to cultivating our culture for our team is demonstrated by three consecutive years being included on the Best Places to Work for Financial Advisers by InvestmentNews. 

We are comprised of individuals from diverse backgrounds and with different experiences, but it’s only through collaboration that we are successful for our clients. Our company is structured around consulting teams which provide our clients access to all of the resources of the company, and throughout the year we gather our full team together to share ideas and experiences (and usually a lot of food!). Our collaboration has been noted through more than three year's being listed as a NAPA Top DC Plan Advisor Teams. This list highlights the nation’s leading retirement plan advisor firms.