Administrator II, Retirement Plan Services

1st Source Bank • South Bend, IN

3d • Onsite

About The Position

Responsible for ensuring retirement plans are compliant with DOL and IRS regulations.

Requirements

• Working knowledge of ERISA and related regulations.
• 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

• Five (5) to eight (8) years of related experience preferred.
• Working knowledge of investments preferred.

Responsibilities

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level