Ascensus - Remote Retirement Plan Compliance Analyst

Section 1: Position Summary

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

*We have several openings for this role.*

Section 2: Job Functions, Essential Duties and Responsibilities

-Ability to successfully complete and support the work outlined for the Compliance Associate roles
-Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials to ensure accuracy and compliance with regulations.
-Understands, considers and applies legislation and regulations, including but not limited to IRS, DOL, and ERISA, when preparing, analyzing and interpreting information
-Supports DOL, IRS, and Large plan audits
-Supports the Plan Consultants in resolving operational and compliance issues related to qualified plans
-Is responsible for plan administration, compliance and testing for identified blocks of business
-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 compliance reports for Clients
-Provides detailed consultations with Plan Consultant in drafting plan documents, plan amendments, and other legal documents
-Supports and completes assigned quality assurance reviews
-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
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Supervision - N/A

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Section 3:  Experience, Skills, Knowledge Requirements

-Bachelor’s degree preferred
-Minimum 5 years of hands on Retirement plan testing experience is a must; 8+ years is preferred
-Experience doing Employer Calculations
-Must have experience with 5500’s and other relevant documents
-Experience with cash basis and/or trust accounting
-5 years of prior ERISA experience in the retirement industry preferred
-5 years of experience in analysis of financial data required/ testing experience a must
-Strong Word, Excel, 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 but not required
-Involvement or work towards associates QPA designation preferred
-Prior experience with plan administration software, i.e., Relius, FT Williams, ASC, or Datair