[Remote] Compliance Consultant
Note: The job is a remote job and is open to candidates in USA. Compass Retirement Consulting Group is seeking a Compliance Consultant to work behind the scenes on an assigned book of business. The role involves performing annual testing, asset valuations, contribution calculations, and preparing required IRS filings, while collaborating with a team that includes Relationship Managers and Compliance Analysts.
Responsibilities
- Delegate the loading of Census and Asset data to Analysts in Datair or other compliance software after completing preliminary review
- Review completed Form 5500's, 5330's, and SSA's
- Prepare and/or review reconciliation of assets and participant accounts
- Identify operational error and plan compliance issues, determine corrections, and instruct corrections to be made to appropriate Relationship Manager or other staff member
- Review and instruction the upload of vesting information to vendor websites to ensure accuracy
- Review the completed Valuation Package and prepare summary notes for the Relationship Manager to communicate to the plan sponsor
- Identify RMD’s and instruct Relationship Manager to facilitate payment to participants
- Thoroughly track each plans projects and intricacies daily within Pension Pro, including notes
- Calculate employer contributions and true-up contributions accurately
- Perform projections, tests and calculations
- Perform other tasks as requested
Skills
- Strong verbal and written communication skills using clear and grammatically correct language
- The ability to problem solve, be proactive, and demonstrate initiative
- Robust time management and organizational skills with the ability to multi-task required
- Ability to work both independently and in a collaborative team environment
- Superb attention to detail with the ability to meet deadlines
- 5+ years of progressive related experience in retirement plan compliance
- Experience using Datair, FT Williams, Pension Pro, and other retirement plan verification and calculation software platforms required
- Comprehensive knowledge and understanding of retirement plans and record-keeping platforms
- Bachelor Degree in accounting, finance, or related field
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