Retirement Plan Processor/Record Keeper

Job Location: 
Dallas/Fort Worth, TX

Retirement Plan Processor is responsible for the timely and accurate entry and allocation of clients’ retirement plan contributions and highly sensitive individual employee retirement data.  The position is also responsible for the timely resolution of errors or discrepancies and the handling of rollovers, loan payrolls, and sponsor web updates.

 

Essential Responsibilities (Principal Duties): 

Familiarity with FIS Relius is preferred.

Ensures responsibilities below are carried out in compliance with all applicable banking regulations, and to ensure audit, compliance, and regulatory findings related to specific areas of responsibility resolved timely in accordance with managements’ approved action plan.

Process employee and employer contributions using a variety of methods including data entry, upload through the Data Validation Center or emailed spreadsheets that requires formatting and set up prior to upload.

Settle contribution investment trades in our recordkeeping system.  Run detailed reports of all entered contributions and the breakdown of these monies.

Reconcile discrepancies and resolve errors situations under minimal supervision.

Investigate the status of old unapplied cash.

Respond to questions for customers, producers, and supporting units.

Work in a variety of software and mainframe systems that support 401(k)’s.

Maintain compliance and familiarity with the Bank Secrecy Act (BSA)/Anti Money Laundering (AML) Policies, Procedures, and Processes; reporting unusual and suspicious activities to the BSA and/or Compliance Officer, completion of all assigned BSA training.

Other duties as may be required.

 

Position Knowledge/Experience: 

1– 3 plus years of related work experience. 

 

Skills and Abilities: 

Ability to work independently and perform duties with a high level of accuracy.
Time management and the ability to work within specific time limitations is critical.
Ability to perform basic research and analysis to solve discrepancies is required.
The ability to work effectively in Microsoft Excel with strong math skills.

 

Recruiter Name: 
Byron Vargas
Recruiter Phone: 
(262) 886-8000 ext. 260
Category: 
Banking & Financial Services

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