Nonqualified Fund Operations Specialist

Ascensus•Remote, Florida, FL

4d•Onsite

About The Position

Newport, an Ascensus company, helps employers offer their associates a more secure financial future through retirement plans, insurance and consulting services. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. As a provider and partner, Newport is independent, experienced, and responsive. Responsible for creation and maintenance of various fund lists, tracking of fund/corporate actions specific to plan liability recordkeeping, and oversight of unique/custom earnings processing, fund setup, and pricing.

Requirements

Bachelor’s degree in a business-related field or industry experience, or a combination of education and experience
Minimum 5+ years’ experience working in a related position in the retirement services sector.
Strong MS Office skills to include Excel.
Familiarity with nonqualified liability recordkeeping, asset trading concepts, and corporate actions
Good written and oral communication skills, strong attention to detail
Regular, reliable, and punctual attendance
Advanced understanding of nonqualified concepts as it relates to liability recordkeeping and trading.

Nice To Haves

McCamish Administration System preferred

Responsibilities

Creates and maintains approved and available fund lists, to include Corporate Action processing specific to nonqualified plan liability recordkeeping, minimum investment requirements, and other fund notices where appropriate.
Monitors and coordinates corporate action changes as necessary with the applicable Operational teams.
Responsible for oversight and maintenance of fund-specific earnings processing calendar and quality review of the processing (to include fixed rate updates, interest crediting, custom stock earnings, etc.)
Ability to understand plan setting requirements and specifications to effectively identify potential transactional issues within the recordkeeping system as it relates to funds and fund setup.
Adheres to all standard operating procedures and controls.
Manages multiple tasks effectively by balancing high productivity with excellent service quality.
Pursues resolution of aged items with internal departments and service partners
Researches and resolves any issues that occur through the client and/or client service managers.
Acts as a resource/subject matter expert for other team members as it relates to issue resolution, procedure, or system functionality in one or more areas.
Aids management and departmental teams for all projects as needed.
Interacts with vendors to ensure systems are updated properly and working as anticipated; Escalates vendor issues to management.
Assists in the creation and maintenance of procedures and policy documents.
Assists with training responsibilities of more junior staff and new hires; Provides cross training and mentoring, as required.
Works in a fast-paced, dynamic environment with a high degree of urgency and accuracy
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.