Loans & Distributions Specialist, (ARPS)

Strongpoint Partners

4d•Hybrid

About The Position

ARPS is seeking an experienced and detail-oriented Loans & Distributions Specialist to support the administration of qualified retirement plans. This role is responsible for coordinating participant loan and distribution activity, ensuring timely and accurate processing while maintaining compliance with ERISA and plan regulations. The ideal candidate will have hands-on experience processing retirement plan loans and distributions across multiple recordkeepers and brokerage platforms and will be comfortable managing requests from initiation through completion. Experience with plan terminations, automatic rollovers, and participant communications is highly valued.

Requirements

Proven experience processing loans and distributions for qualified retirement plans
Strong understanding of ERISA rules and regulations related to retirement plan loans and distributions
Familiarity with multiple retirement plan recordkeepers and their loan/distribution procedures
Proficiency in Microsoft Excel, Outlook, and Microsoft 365
Strong attention to detail and ability to perform accurate basic math calculations
Excellent organizational and documentation management skills
Strong written and verbal communication skills
Ability to manage multiple priorities independently in a deadline-driven environment

Nice To Haves

Experience with plan terminations and automatic rollover processes
Familiarity with Ft. William Plan Documents and Compliance Systems is a plus, but not required
Prior retirement industry experience and direct exposure to qualified plan loan and distribution processing

Responsibilities

Coordinate and process participant distributions and loan requests for qualified retirement plans accurately and efficiently
Communicate with plan sponsors, participants, recordkeepers, and internal teams regarding loan and distribution activity
Review loan applications and prepare promissory notes and amortization schedules
Track loan and distribution requests from initiation through completion
Maintain accurate documentation and transaction records while ensuring compliance with plan provisions and regulatory requirements
Assist with plan termination distributions and automatic rollover processes
Work across multiple retirement plan recordkeepers and brokerage platforms to facilitate processing and resolve issues
Support internal teams with participant and operational inquiries related to loans and distributions
Ensure all processing adheres to ERISA guidelines and retirement plan regulations
Identify opportunities for process improvement and operational efficiency