Compliance Analyst

Transition Finance Strategies • Minneapolis, MN

3d

About The Position

The Compliance Analyst supports retirement plan compliance projects for qualified defined contribution (DC) and defined benefit (DB) plans. The role assists with audits, regulatory filings, compliance testing, correction initiatives, plan document reviews, Form 5500 preparation, and plan merger review and analysis. The analyst helps ensure plans are administered in accordance with applicable IRS, Department of Labor, and ERISA requirements while maintaining accuracy, thorough documentation, and strong client service.

The position researches regulatory and technical questions, reviews plan provisions and records, monitors legislative and industry developments, and supports quality control of compliance deliverables. It also creates and reviews technical materials, supports internal training, shares updates and best practices, and collaborates with Compliance, Operations, Document Services, and other teams. The analyst monitors assigned work, communicates progress and potential delays, meets deadlines, and maintains complete compliance and project records.

Requirements

• 3–7 years of related experience in retirement plan administration, compliance, financial services, accounting, legal services, or a comparable analytical environment.
• Proficiency with Microsoft Office Suite, including Excel, Word, PowerPoint, and Outlook.
• Detail-oriented, research-focused, and organized, with the ability to manage deadlines and priorities.
• Clear and professional communication skills.
• Ability to work collaboratively and supportively as part of a team.

Nice To Haves

• Associate's or bachelor's degree; equivalent skills and industry experience may be considered in lieu of a degree.
• Experience with qualified retirement plans, plan documents, regulatory research, data analysis, or technical client service.
• Experience in a third-party administrator (TPA) environment in the retirement plan services industry.
• An industry designation or demonstrated progress toward a relevant credential.
• Demonstrated ability to collaborate across departments to achieve business objectives.

Responsibilities

• Complete compliance projects for qualified defined contribution and defined benefit retirement plans.
• Support audits, plan corrections, compliance testing, plan document reviews, Form 5500 preparation, and plan merger review and analysis.
• Research and respond to compliance helpdesk inquiries and technical questions, escalating complex or uncertain matters as appropriate.
• Assist with reviewing and quality-controlling plan documents for new business, amendments, restatements, and other document projects.
• Review plan provisions, participant data, administrative records, and regulatory guidance to identify issues and support accurate compliance conclusions.
• Assist with quality control and validation of compliance-related deliverables.
• Maintain a working understanding of rules applicable to the retirement plans Blue Ridge administers and consults on.
• Research legislation, regulations, and industry developments affecting retirement plans, and help communicate changes and business impacts to internal teams.
• Create, review, and edit internal, client-facing, and marketing materials for technical accuracy, clarity, and grammar.
• Support training for internal stakeholders and share industry best practices and technical updates with the team.
• Partner with Compliance, Operations, Document Services, and other teams to resolve questions and promote consistent administration practices.
• Attend and participate in team, project, client, and cross-functional meetings as requested.
• Monitor assigned work, communicate status and potential delays, meet deadlines, and maintain accurate documentation.
• Maintain detailed project documentation and compliance records, and communicate project status, findings, and recommendations.

Benefits

• Competitive salary and comprehensive benefits, including medical, dental, vision, life, and disability coverage.
• 401(k) with company match.
• HSA with company contribution.
• Generous PTO for parental leave, vacation, and holidays.
• Support for certifications, association dues, and professional development.
• Collaborative and inclusive company culture with happy hours, social events, employee-led committees, and volunteer opportunities.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed