Trust Analyst
Share
Job Location:
Charlotte, VT - USA
Monthly Salary:
Not Disclosed
Posted on:
7 days ago
Vacancies:
1 Vacancy
Job Summary
FuturePlan is the nations largest third-party administrator (TPA) of retirement plans partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm Ascensus. Our roots go back decades with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals 60 actuaries and one of the industrys largest in-house ERISA teams. Learn more at .
Section 1: Position Summary
Trust position demonstrating advanced knowledge and expertise related to trust reconciliation and consulting. Ability to use experience and knowledge to serve as a resource to internal associates
Section 2: Job Functions Essential Duties and Responsibilities
Ability to successfully complete and support the work outlined for lower level compliance 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 compliance deadlines
Prepares annual valuation and trust reports for Clients
Supports QR for complex plans and the broader team
Provides advanced partnership and support of the Client Service organization
Able to assist consultants with follow up letters on missing trust information and/or addressing and resolving trust issues.
Responsible for complex plan reviews including prohibited transactions complex deeds of trust promissory notes real estate transactions and identifying late deferrals deposits.
Review and resolve client deposit issues and provide resolution transfer instructions (as needed).
Ability to support the Trust Specialist role with associate training and subject matter expertise
Consults in resolving operational and compliance trust issues related to qualified plans
Review non qualifying assets
Has the ability to reconcile forfeitures within a trust and assist consultants of the use of forfeitures.
Ability to successfully integrate information from alliance partners into pension software
High level knowledge of participant loans partnership valuations employer stock investments collectables and reporting of Cash surrender value for insurance policies and annuities.
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.
Our I-Client service philosophy and our Core Values of People Matter Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.
Assist with other tasks and projects as assigned
Supervision
N/A
Section 3: Experience Skills Knowledge Requirements
Bachelors degree preferred
Minimum of 2 years of advanced math education required
5 years of prior ERISA experience in the retirement industry preferred
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 ASC
We are proud to be an Equal Opportunity Employer
The national average salary range for this role is $55ph-65ph exclusive of any bonuses and base salary range represents the low and high end of the salary range for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location experience performance and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however from time to time it may occur on a case-by-case basis. Other rewards and benefits may include: 401(k) match Medical Dental Vision Paid-Time-Off etc. For more information please visit aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ or @ email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting we strongly encourage you to apply directly through our website.
Required Experience:
IC
Key Skills
- ArcGIS
- Intelligence Community Experience
- GIS
- Python
- Computer Networking
- Data Collection
- Intelligence Experience
- R
- Relational Databases
- Analysis Skills
- Data Management
- Application Development
About Company
Everyone deserves to feel financially secure. We help more people save through partnerships with leading financial institutions and state governments.
