Trust Analyst

Ascensus • Lake Mary, FL

284d

About The Position

Trust position that has an advanced understanding of all plan types and facilitates more complex interactions with the Plan Consultants.

Requirements

• Bachelor's degree preferred.
• Minimum of 2 years of advanced math education preferred.
• 3 - 5 years of prior ERISA experience in the retirement industry preferred.
• 3 - 5 years of experience in analysis of financial data required.
• Strong Word, Excel (Advanced), and Outlook skills.
• Strong written and oral communication skills.
• Strong analytical and problem solving skills.
• Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters.
• Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements.
• QKA designation preferred.
• Ability to work additional hours during peak periods.
• Prior experience with plan administration software, i.e. Relius.

Responsibilities

• Ability to successfully complete and support the work outlined for the Trust Associate 1 and 2 roles.
• Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials.
• Supports the Plan Consultants in resolving operational and compliance trust issues related to qualified plans.
• Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet trust deadlines.
• Prepares trust accounting reports for Clients.
• Supports and completes assigned quality assurance reviews.
• Reviews non qualifying assets.
• Able to assist consultants with follow up letters on missing trust information and/or addressing and resolving trust issues.
• Ability to successfully integrate information from alliance partners into pension software.
• Knowledge of participant loans, partnership valuations, employer stock investments, and reporting of insurance policies.
• 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.
• Assist with other tasks and projects as assigned.

What This Job Offers

• Industry: Funds, Trusts, and Other Financial Vehicles
• Education Level: Bachelor's degree