Retirement Planning- Specialist

Job Description

Overall >2.5 years of financial services operations expertise. Mandatory 12 months of Retirement Services expertise along with knowledge in one or more of following: ‎ ‎ 1. Defined Benefits Operations (E.g. - Benefits calculations, Benefits Review), Benefits Calculation for Retirement, Termination, Disability, Death, Divorce, Proficiency in MS Excel, and experience in performing manual calculations. ‎ 2. ERISA Compliance - US Retirement Plan Testing & Reporting experience. Form 5500 responses to auditor questions ‎ ‎ a) Preparing responses to external auditor questions on the data provided to them in the plan's year end trust statement and supplemental reports. 3. Money In and Loans ‎ ‎ a) Must have experience in handling money in & Loan related activities, i.e., Check processing, contribution, loan initiation, Loan repayments , Reamortization etc. 4. Disbursements: Distributions/Disbursements such as Hardship withdrawals, QDRO, RMD, In-service distributions, loans or experience in processing 401K contribution, loan repayments etc. ‎ ‎  Industry certifications (ASPPA RPF) will be added advantage  Data Entry & Quantitative Decision Making  Regularly displays the concepts of teamwork, accountability, and prioritization.  Makes decisions within guidelines, balancing risk, and service needs, seeking assistance from manager as necessary  Understanding of business rules  Understanding task requirements  Handling tasks and providing resolution within TAT  Staying current with knowledge of products/ processes & services offered by the client  Ensure full adherence to all the quality parameters.  Ensure 100% adherence to schedule.  Meet & exceed defined targets Show more Show less