IRA Specialist

Trust Point•Eau Claire, WI

7d•Hybrid

About The Position

Trust Point Inc. of Eau Claire, WI. is looking to hire a full-time IRA Specialist to join our Wealth Management Operations team. We are looking for an individual with great attention to detail and focuses on assisting internal and external clients regarding IRAs. Trust Point has provided a wide array of trusted financial services to individuals, families, businesses and charitable organizations for over 100 years. It is our goal to provide outstanding client service in order to help our clients achieve their financial goals. Our success is a direct result of the caliber of the team we recruit. We value each of our staff members and their input. We are supportive, not only to our clients but to each other. Our CEO embodies our supportive culture and has an open door policy. We love to show our appreciation and provide fun and unique perks throughout the year. Trust Point also supports ongoing learning through employer-paid certifications and relevant education.

Requirements

Associate's degree in finance, accounting, business or related field preferred
3-6 years' experience in the financial services industry preferred
Detail oriented with a high sensitivity to accuracy
Excellent attention to detail, prioritizing accuracy and conscientiousness, excellent communication and interpersonal skills.

Responsibilities

Manage the administration of Individual Retirement Accounts (IRAs), including contributions, distributions, rollovers, Roth conversions, beneficiary maintenance, and Required Minimum Distributions (RMDs).
Ensure accurate tax reporting and compliance by processing withholding elections, preparing IRS Forms 1099-R and 5498, and supporting tax-related IRA transactions.
Serve as the subject matter expert on IRA regulations and provide guidance and support to Wealth Management, Family Office, and client service teams.
Administer charitable and trust-related transactions, including Qualified Charitable Distributions (QCDs), private foundation distributions, and charitable trust calculations.
Maintain accurate account records, documentation, and forms while supporting account opening reviews, authorized individual updates, and unique asset monitoring.
Produce and review operational reports, monitor regulatory compliance, and identify and resolve issues to ensure adherence to internal policies and industry requirements.