About the position
In this Vice President role, you will be responsible for the Non-Qualified Deferred Compensation Recordkeeping & Administrative practice for NFP's Executive Benefits Division. This group administers and maintains the records for a growing group of corporate clients which includes 409A, 457(b), 457(f), LTIP and SERP plans. Currently, 600 plans reside on the Administration platform with new plan sales of 50 - 60 per year. You will have approximately 3-5 leadership-level direct reports with oversight of a team of approximately 30 staff members. You will have an overarching focus on support and retention of client base, providing outstanding client service, platform efficiency, risk management and positioning team and platform for ongoing growth. Career pathing within the team and practice is a significant priority. Note: this is not an HR, Comp & Benefits, Total Rewards or Financial Advisor role. We are seeking someone experienced in Plan Administration/Record Keeping Services of non-qualified plans for their Corporate Clients. This is a full-time role with the flexibility of a hybrid work schedule from our Warrington, PA office. We will consider a remote role for highly qualified candidates - there may be occasional travel to the office.
Responsibilities
- Oversee and manage a team of Plan Managers, Retirement Plan Specialists & Client Service professionals
- Establish and monitor procedures and policies designed to ensure transactional accuracy
- Ensure operational objectives conform to established and contracted service standard parameters
- Analyze structural integrity of processes and controls in order to reduce or eliminate risk to the organization
- Specifically oversee Payroll & contributions processing, Participant distributions, Participants rebalance requests, Quarterly statement production, Monthly plan reconciliations, Sponsor reporting, Dividend and other realized gain processing, Annual plan enrollments
- Oversee Joint Partner relationships and Rabbi Trust relationships
- Support SOC 1 Audit and RFP processes
Requirements
- Ideally 10+ years of experience with non-qualified plans and/or qualified 401(k) plans
- Strong communication skills
- Ability to effectively and professionally present financial information to finance leadership
- Demonstrated ability to learn the business and have a business and customer centric approach to finance and accounting leadership
- Ability to collaborate and develop strong relationships with all levels of personnel within the organization
- Demonstrated ability to identify and evaluate complex business problems and provide well thought out solutions
- Strong interpersonal, employee engagement, and performance management skills
- Must possess personal and business integrity with an energetic style demonstrated by a positive attitude and a strong work ethic
- Must be a well-organized self-starter who can effectively analyze a problem, articulate a well-thought-out solution plan, and deliver results
- Must have strong Microsoft Word, Outlook, Excel, and PowerPoint skills
Nice-to-haves
- Familiarity in the use of excel macros, power pivots, and power queries
Benefits
- Competitive salary
- PTO & paid holidays
- 401(k) with match
- Exclusive discount programs
- Health & wellness programs
