IRA Representative

Community Bank • Canton, NY

226d • $20 - $26

About The Position

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration. Just as our employees are committed to helping our customers manage their finances, we're committed to our employees. After all, they make it happen for our customers every day. To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

Requirements

• Associate's Degree or equivalent preferred.
• Minimum of three (3) years' experience in banking, specifically in back office operations, with a minimum of one-year experience with IRA and HSA products preferred.
• All Applicants must be 18 years of age or older.

Nice To Haves

• Specialized IRA training and/or experience with emphasis in branch operations and systems.

Responsibilities

• Provide support for IRA and HSA functions, including transaction review, document processing, branch assistance, compliance monitoring, assisting with audits, and handling related research and mailings.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position.
• Support all of the IRA and HSA functions for Branches and Deposit Operations.
• Serve as a resource and provide assistance for IRA/HSA related inquiries.
• Perform responsibilities related to IRA/HSA products, such as reviewing new accounts, transfers, contributions, distributions, and rollovers for accuracy and completeness.
• Work with Branches to obtain corrected documentation after review to ensure all documentation for the associated transaction/account is received within established guidelines.
• Submit maintenance requests to Data Entry and upload documents to Synergy.
• Complete necessary mailings as directed by management or IRA Specialists.
• Attend regular training and keep informed on all changes to IRS regulations in regards to the IRA and HSA products.
• Communicate potential compliance or procedural concerns to the IRA Specialists and management.
• Assist the IRA Specialist with responses to IRA audits.
• Research projects as needed for the IRA Department.
• Provide assistance wherever necessary to help the Deposit Operations Department and the Bank in achieving their annual goals.

Benefits

• 11 paid holidays
• Paid vacation
• Medical, Vision & Dental insurance
• 401K with generous match
• Pension
• Tuition Reimbursement
• Banking discounts

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Associate degree