Retirement Plan Operations Specialist

Community-Financial-System,-Inc.; City of Utica (NY); On-site; USD 26,000 - 35,000; Full time

Benefits offered by this job

Paid holidays

Paid vacation

Medical insurance

Vision insurance

Dental insurance

401K with match

Pension

Tuition reimbursement

Banking discounts

Job summary

BPAS, a national retirement plan service provider, seeks a detail-oriented processing specialist in Utica, NY. You will create and review retirement transactions in the OMNI system, troubleshoot rejects, and rotate through contributions, enrollments, distributions, and nightly trading, ensuring timely processing and compliance with regulations.

Requires a 2-year Accounting or related degree and 1 year of office experience; strong organization, written and oral communication skills, and

Qualifications

• Two year degree in Accounting or related field is required.
• Minimum of 1 year Accounting, Payroll, or applicable office experience.
• Ability to be highly organized and show an attention to detail.
• Well-developed written and oral communication skills.
• Ability to prioritize work assignments and multitask.

Responsibilities

• Create and review various retirement plan transactions in the OMNI recordkeeping system.
• Troubleshoot transaction rejects.
• Review trial postings of transactions prepared by other OMNI processors.
• Rotate through various responsibilities in the OMNI Processing Unit (contributions, enrollments, distributions/loans, dividend posting, trust accounting).
• Nightly Trading.
• Ensure timely processing of transactions.
• Completion of ASPPA’s Retirement Plan Fundamentals courses (RPR).
• Assist with various operational projects as deemed necessary by supervisor/manager.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner.

Skills

Detail oriented

Organized

Written communication

Verbal communication

Multitasking

Education

Associate degree in Accounting or related field

Tools

Microsoft Word

Microsoft Excel

Job description

BPAS, a national retirement plan service provider, seeks a detail-oriented processing specialist in Utica, NY. You will create and review retirement transactions in the OMNI system, troubleshoot rejects, and rotate through contributions, enrollments, distributions, and nightly trading, ensuring timely processing and compliance with regulations.

Requires a 2-year Accounting or related degree and 1 year of office experience; strong organization, written and oral communication skills, and