Senior Plan Compliance Specialist at Ascensus | Torre

Senior Plan Compliance Specialist

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Full-time

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Remote (for United States residents)
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1 day ago

Responsibilities


AmericanTCS, recently integrated as part of Ascensus, has forged a lasting legacy for more than 50 years, embodying strength and resilience while championing change and innovation across the retirement industry. We provide a diverse range of tailored retirement plan solutions that symbolize resilience, versatility and strength.This position specializes in the compliance of ERISA qualified retirement plans. Primary responsibilities are to assist with plan compliance and quality control.Duties/Responsibilities:Ability to perform or quality review nondiscrimination testing and other compliance related tasks completed by plan compliance team members.Participate in staff development of plan compliance team by providing ERISA technical guidance and quality review feedback.Expert understanding of qualified plan retirement plan contributions (including New Comparability).Perform QDRO reviews for accuracy and completeness and determine the award to alternate payee.Review death distributions to determine beneficiary and payout period.Update compliance materials, participant forms, letters and distribution packages for law changes/disclosures within recordkeeping software and web access by client.Effectively execute resolution to escalated technical issues from clients and/or internal staff.Identify and utilize internal and external resources for compliance resolution.Provide plan design support for existing and on boarding clients.Participate in compliance related projects and other duties as assigned.Maintain an expert level knowledge of qualified plan regulations.Possess a strong understanding of department processes, procedures and standardsRequired Skills/Abilities:College degree or relevant work experience requiredQKA (Qualified 401 (k) Administrator) designation preferred1O+ years of Retirement or Pension experience preferredAbility to operate the following: PC, calculator, copy/scan/fax machine, telephoneAbility to work with the following software: Relius Administration, FTWilliams, CRM, Access, Excel, Word, Adobe, Relius DocumentsAbility to read and interpret plan documents.Possess the following skills: Ability to work both independently and in a team environment.Possess the following skills: Ability to meet regulatory deadlines as well as team and personal goals.Possess the following skills: Strong problem solving and analytical skills.Possess the following skills: Ability to handle multiple projects and prioritize workload.Possess the following skills: Excellent communication skills, both written and verbal.Possess the following skills: Able to react to change productively.Possess the following skills: Expert knowledge of ERISA, IRS, and DOL regulationsThe national average salary is $80,000 - $95,000, exclusive of any bonuses and benefits. This salary range represents the low and high end for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location, experience, performance, and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case-by-case basis. Other rewards and benefits may include: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc. For more information, please visit careers.ascensus.com/#Benefits.