Compliance Analyst, Specialization

Ascensus • Richmond, VA

36d

About The Position

Compliance position that has an advanced understanding of all plan types and facilitates more complex interactions with the Plan Consultants.

Requirements

• Bachelor's degree preferred
• 3 - 5 years of prior ERISA experience in the retirement industry preferred
• 3 - 5 years of experience in analysis of financial data required
• Strong Word, Excel, and Outlook skills
• Strong written and oral communication skills
• Strong analytical and problem solving skills
• Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters
• Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements

Nice To Haves

• QKA designation preferred
• Involvement or work towards associates QPA designation preferred
• Prior experience with plan administration software, i.e. Relius

Responsibilities

• Ability to successfully complete and support the work outlined for the Compliance Associate roles
• Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance with regulations.
• Understands, considers and applies legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing and interpreting information
• Supports DOL, IRS, and Large plan audits
• Supports the Plan Consultants in resolving operational and compliance issues related to qualified plans
• Is responsible for plan administration, compliance and testing for identified blocks of business
• Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet compliance deadlines
• Prepares annual valuation and compliance reports for Clients
• Provides detailed consultations with Plan Consultant in drafting plan documents, plan amendments, and other legal documents
• Supports and completes assigned quality assurance reviews
• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
• Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day to day basis showing your support of our organizational culture.
• Assist with other tasks and projects as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees