Administrator II, Retirement Plan Services
About The Position
Responsible for ensuring retirement plans are compliant with DOL and IRS regulations. Reviews trust instruments and benefit plans to determine the bank’s responsibility as trustee. Consults with external customers (i.e., corporate officers, attorneys, actuaries, beneficiaries, etc.) concerning account preparation, document review and/or general account supervision and servicing. Consults with internal customers (i.e., investment, operations and trust personnel) on the resolution of specific account record keeping and transaction processing issues. Reviews accounts periodically to ensure their conformity to current customer needs and objectives recommending and making changes as appropriate. Answers questions from all levels of customer companies relating to the administration of employee benefit accounts. Reviews and recommends new account applications. Keeps informed of pending and changed legislation and regulations impacting the employee benefit trust field. Regular and predictable attendance is an essential requirement of the position. Responsible for the completion of all compliance training related to the position. Understands all applicable laws and regulations that apply to the position and complies with the requirements. Performs all other duties as assigned.
Requirements
- Five (5) to eight (8) years of related experience preferred.
- Working knowledge of ERISA and related regulations.
- Working knowledge of investments preferred.
- Extensive experience with Relius.
- Knowledge of basic software applications (Word, Excel, PowerPoint, Adobe Acrobat, Internet).
- Good written and verbal communication skills.
- Ability to work with all different departments and business entities.
- Ability to prioritize.
- Strong time management skills.
- CRSP or ASPPA license required.
Nice To Haves
- Working knowledge of investments.
Responsibilities
- Ensuring retirement plans are compliant with DOL and IRS regulations.
- Reviewing trust instruments and benefit plans to determine the bank’s responsibility as trustee.
- Consulting with external customers (i.e., corporate officers, attorneys, actuaries, beneficiaries, etc.) concerning account preparation, document review and/or general account supervision and servicing.
- Consulting with internal customers (i.e., investment, operations and trust personnel) on the resolution of specific account record keeping and transaction processing issues.
- Reviewing accounts periodically to ensure their conformity to current customer needs and objectives recommending and making changes as appropriate.
- Answering questions from all levels of customer companies relating to the administration of employee benefit accounts.
- Reviewing and recommending new account applications.
- Keeping informed of pending and changed legislation and regulations impacting the employee benefit trust field.
- Completing all compliance training related to the position.
- Understanding and complying with all applicable laws and regulations that apply to the position.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
