Senior Recordkeeping Specialist

Marshall County, WV - USA

Monthly Salary: $ 75000 - 75000

Experience Required: 5years

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

This is a remote position.

SmartHR has partnered with a mid-size commercial bank located in Dallas TX in their search for a Senior Recordkeeping Specialist. Joining the team as a Senior Specialist in 401(k) Recordkeeping offers an exciting opportunity to contribute to the success of our clients retirement plans and to further develop your expertise in this dynamic field. If you are a self-motivated professional with a passion for accuracy compliance and client service we invite you to apply and become an integral part of the team.

SUMMARY
As a Senior Specialist in 401(k) Recordkeeping you will play a critical role in supporting the administration and management of our clients retirement plans. This position requires a high level of technical recordkeeping expertise attention to detail and a commitment to ensuring accuracy and compliance with regulatory requirements. You will be responsible for performing complex recordkeeping tasks resolving escalated issues and providing guidance to less experienced team members.

This position is based in Dallas Texas. The ideal candidate would be local with a hybrid work schedule. The employer is open to non-local candidates and would allow for the role to be 100% remote depending on overall skills and experience. If remote occasional travel to the office for training or as business needs dictate may be required.

RESPONSIBILITIES

Recordkeeping and Transaction Processing

Perform advanced recordkeeping tasks including processing contributions distributions loans and other transactions in accordance with plan documents and regulatory requirements.
Review and reconcile participant accounts ensuring accuracy and integrity of data and transactions.
Investigate and resolve complex participant inquiries and discrepancies related to account balances transactions and plan provisions.

Compliance and Reporting

Assist in ensuring compliance with all applicable laws regulations and internal policies governing 401(k) plans including IRS and DOL requirements.
Support the preparation and distribution of required participant communications notices and disclosures.
Generate and review periodic reports statements and filings to ensure accuracy and completeness.

Client Support

Serve as a subject matter expert to plan sponsors to address client inquiries to help them understand recordkeeping processes procedures and regulations in a responsive and timely manner.
Collaborate with other internal teams to ensure effective communication and resolution of client issues.

Process Improvement

Participate as a strong team member with the ability to identify opportunities to streamline recordkeeping processes improve efficiency and enhance service quality based on experience and industry best
Participate in initiatives to implement system enhancements automation tools or workflow improvements to optimize recordkeeping operations.

EDUCATION & EXPERIENCE

Bachelors degree in business finance accounting or a related field preferred.
Relevant certifications (e.g. Certified Employee Benefits Specialist Retirement Plans Associate QKA QPA CPC) preferred.
Minimum 5-7 years of experience in 401(k) recordkeeping or a combination of recordkeeping and trustee directed plan servicing or plan administration with some portion of that in a Relius environment
In-depth knowledge of retirement plan regulations including ERISA IRS and DOL requirements.
Strong analytical skills with the ability to interpret and apply plan documents regulations and policies.
Excellent attention to detail and accuracy in performing recordkeeping tasks and reconciliations.
Effective communication skills both written and verbal with the ability to interact professionally with clients and colleagues.
Proficiency inTrust account systems recordkeeping systems (RELIUS) Microsoft Office (advanced Word Excel and Power Point/Publisher skills) digital imaging and storage systems
Strong understanding of 401(k) plan rules regulations and industry standards
Strong initiative and leadership skills
Exceptional analytical and problem-solving abilities
Strong communication and interpersonal skills
Detail-oriented with a commitment to accuracy and compliance

Required Skills:

Skills Bachelors degree in finance business administration or a related field. Advanced degree or relevant certifications (e.g. QKA QPA CPC) preferred Minimum 5-7 years of experience in 401(k) recordkeeping or a combination of recordkeeping and trustee directed plan servicing or plan administration with some portion of that in a Relius environment Software skills: Trust account systems Microsoft Office (advanced Word Excel and Power Point/Publisher skills) digital imaging and storage systems Strong understanding of 401(k) plan rules regulations and industry standards Strong initiative and leadership skills Proficiency in recordkeeping systems and software strong preference for significant Relius experience Exceptional analytical and problem-solving abilities Strong communication and interpersonal skills Detail-oriented with a commitment to accuracy and compliance

Required Education:

Bachelors degree in finance business administration or a related field. Advanced degree or relevant certifications (e.g. QKA QPA CPC) preferred

This is a remote position. SmartHR has partnered with a mid-size commercial bank located in Dallas TX in their search for a Senior Recordkeeping Specialist. Joining the team as a Senior Specialist in 401(k) Recordkeeping offers an exciting opportunity to contribute to the success of our clients...