Retirement Compliance Administrator II

Alerus; United States; On-site; USD 55,000 - 65,000; Full time

Benefits offered by this job

Competitive compensation

Health, dental, vision

401(k) and ESOP

Paid time off

Learning & development

Financial wellness tools

Volunteer time & donation match

Job summary

Alerus is seeking a Compliance Administrator to support retirement plan administration and regulatory compliance in a back-office setting. You will handle tasks in a queued environment, leverage Salesforce, and assist with Form 5500 preparation and testing, ensuring accuracy and timely deliverables.

The ideal candidate has a business-related degree, 3+ years in financial services, and ASPPA designations preferred.

Qualifications

• Bachelor’s degree or equivalent experience in a business-related field.
• At least three years of experience in financial services or a related field.
• ASPPA designations or equivalent certifications preferred.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Strong written and verbal communication, organization, and client service skills.
• Strong analytical and problem-solving skills with high attention to detail.
• Ability to maintain professional relationships with internal and external clients.
• Ability to work independently and set priorities.
• Intermediate knowledge of MS Word and Excel.
• Willingness to work overtime during peak workloads.
• Ability to identify process improvements and act as a project liaison.

Responsibilities

• Support the client-facing team by delivering prompt, accurate, and thorough communication related to retirement plan administration and compliance.
• Although back-office focused, contribute to the quality and timeliness of client deliverables.
• Assist with compliance testing, Form 5500 preparation, and other regulatory tasks.
• Collaborate with internal teams to ensure accurate data handling and adherence to deadlines, supporting retirement plan operations.

Skills

Bachelor’s degree in business

3+ years experience

ASPPA designations

Task prioritization

communication skills

analytical skills

independence

document interpretation

MS Word & Excel

overtime availability

process improvement

Education

Bachelor’s Degree in business-related field

Tools

Microsoft Word

Excel

Job description

WHO ARE WE:

Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always do the right thing; leading with integrity and providing valued advice and guidance to our clients. We value the expertise and skillsets each team member provides and encourage collaboration, innovation, adaptability, and an entrepreneurial spirit at all levels of our company. By consistently seeking improvements and growth, we foster long‑term relationships with clients and team members. We are proud to be recognized as a Top Workplace by numerous industry and regional outlets.

CORE VALUES:

Passion for Excellence :: Success is Never Final :: Do the Right Thing :: One Alerus

ABOUT THE ROLE:

Compliance Administrators serve as subject matter experts in the retirement compliance administration space. Most administrators operate within a queued work environment, utilizing Salesforce to manage and delegate tasks efficiently. While this role is generally non‑client facing, senior compliance administrators may occasionally engage with clients via email or meetings when needed. Compliance Administrators focus on specific components of the overall compliance process and may not support a plan from start to finish. Their expertise ensures accuracy and adherence to regulatory requirements across various tasks within the compliance function.

WHAT YOU’LL BE DOING:

• In this queued work environment, you will play a crucial role in supporting the client‑facing team by delivering prompt, accurate, and thorough communication related to retirement plan administration and compliance.
• While this is primarily a back‑office position, your work directly impacts the quality and timeliness of client deliverables.
• This role involves a mix of administrative and technical tasks, with a strong focus on supporting compliance testing, Form 5500 preparation, and other regulatory requirements.
• You’ll collaborate closely with internal teams to ensure accurate data handling and adherence to deadlines, helping to maintain the operational integrity of each retirement plan. You will partner with senior team members for peer reviews and may provide some peer review support to level I administrators.

WHAT YOU SHOULD HAVE:

• Bachelor’s Degree in a business related field, or equivalent experience.
• At least three years’ of experience in financial services or related field.
• Applicable ASPPA designations or similar certifications preferred.
• Ability to prioritize tasks and meet deadlines in a fast‑paced environment.
• Good written/oral communication, organization, and client service skills required.
• Strong analytical and problem‑solving skills with a high level of attention to detail.
• Ability to maintain professional working relationships with internal and external clients.
• Ability to work independently and set priorities.
• Ability to interpret documents and resolve technical problems.
• Intermediate knowledge of Microsoft Word and Excel.
• Available to work overtime to cover peak workloads and other business needs.
• Ability to identify process improvement, serve as a project liaison for the team.

WHAT WE BRING TO THE TABLE:

• Competitive compensation including base salary, bonus and/or incentive opportunities.
• Comprehensive benefits package providing a wide range of health and well‑being benefits, including medical, dental, vision, life and long‑term disability insurance; and 401(k) and ESOP for retirement savings.
• Generous paid time off programs such as flexible time off, company‑paid holidays, parental and bereavement leave.
• Learning and development resources for personal and professional career development, and advancement opportunities.
• Access to financial experts for guidance, financial wellness tools, and discounts on Alerus products and services.
• Support for the communities we live in through paid volunteer time and a company donation match opportunity.

BASE PAY:

$55,000 - $65,000 based on experience.

WORK ENVIRONMENT:

Work is typically performed in an office setting. The employee is regularly required to sit for extended periods of time. The employee is occasionally required to move about the office utilizing proper ergonomic safeguards when doing so. Additionally, the employee must occasionally lift or move supplies and materials up to 20 pounds.

The above information in this description has been designed to indicate the general nature and level of work performed by employees in this position. It is not designed to contain or be interpreted as an exhaustive list of all responsibilities, duties, and qualifications required of employees assigned to this job.

Alerus is an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.