Senior Associate Retirement Service

We are seeking an experienced Retirement Services professional with hands-on expertise in either Money-In, Money-Out, and Corrections across multiple retirement plan types.

The role requires strong transaction accuracy, understanding of IRS regulations, and the ability to process complex participant and beneficiary requests.

*Key Responsibilities*_

Money-In Processing

• Process contributions and transfers including rollovers, contract exchanges, force-outs, TOA, internal transfers.
• Handle loan payments, payoffs, rejects, and review/issue Letters of Acceptance.
• Manage beneficiary deposits, CIP checks, POA validations, journaling, special plan, and unallocated account work.

Money-Out Processing

• Process participant/beneficiary distribution requests: cash withdrawals, hardships, disaster relief, in-plan, rollovers out, QDRO, force-outs, RMDs, systematic withdrawals, and TOA.
• Process loans: new loans, loan offsets, payments, and payoffs.
• Perform stop payments, reissues, corrective distributions, aged check processing, and annuitization steps.

Corrections & Tax Reporting

• Apply tax rules for pre-tax, Roth, and after-tax sources.
• Correct and reissue 1099-R forms when required.
• Apply vesting, surrender charge, penalty, and eligibility rules.
• Execute transaction blocks, stop requests, and remediation steps.

*Systems Experience*

Hands-on experience with retirement platforms and workflow tools

*Skills & Competencies*

• High accuracy & attention to detail
• Strong analytical and exception-handling abilities • Comfort working with financial documents & regulatory guidelines • Excellent written & verbal communication • Ability to work in a high-volume, deadline-driven environment

**Preferred Background **

• 3+ years in Defined Contribution / Retirement Services operations • Experience with participant transactions, distributions, rollovers, and tax correction work • Exposure to BPO, recordkeeping, brokerage, or plan administration environments

Kindly mail your updated cv at sunitha@mrtinfotech.com