<span>Retirement Operations Analyst</span>

$52,000 - $52,000/Yr

US Tech Solutions - Jersey City, NJ

Full-time - Entry Level

Remote - Jersey City, NJ

Administrative and Support Services

About the position

The Retirement Operations Analyst plays a crucial role in supporting retirement account operations, focusing on contributions, distributions, and compliance with IRS regulations. This position requires a blend of analytical skills and knowledge of retirement products, ensuring accurate processing and resolution of inquiries related to retirement accounts.

Responsibilities

• Perform different levels of problem resolution & data analysis for all aspects of retirement operations support including contributions, distributions, processing conversions, recharacterizations, and state withholding reconciliation.
• Reconcile activities to ensure transactions are recorded with the proper books and entry coding.
• Assist the management team in developing metrics that demonstrate the progress/completion of retirement inquiry resolution.
• Execute on customer requests to move money out of retirement accounts.
• Understand tax implications of transactions in and out of different retirement account types.
• Resolve retirement account issues and document the resolution process.
• Validate data integrity is maintained in client facing displays.

Requirements

• Associate's or Bachelor's Degree
• Understanding or familiarity with IRS publications 590A and 590B; Retirement tax form reporting 1099R/1099Q; 5498/5498ESA.
• 1-2 years' experience with Retirement products and services.
• Knowledge of IRS Contributions and Distribution rules.
• Excel experience.

Nice-to-haves

• Experience with retirement account types desirable, IRS rules, and/or tax reporting obligations.
• Analytical thinker with excellent written and verbal communication skills.
• Detail-oriented with strong organizational skills.
• Ability to prioritize multiple tasks and work against deadlines and objectives.
• Adaptable to dynamic work environments and priorities.
• Demonstrate ownership and sense of urgency in resolving inquiries and issues.

Benefits

• Contract position with a pay rate of $25 per hour.
• Hybrid work schedule with remote work on Mondays and Fridays.