Retirement Plans Compliance Analyst — Detail-Driven & Impactful

Alerus Financial; Oak Knoll (MN); On-site; USD 34,000 - 40,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive benefits

Paid time off

Career development

Financial wellness tools

Volunteer time

Job summary

Alerus Financial is seeking a Compliance Analyst to support new business activity by creating and uploading plan documents and to back up Compliance and service teams. The role involves drafting adoption agreements, board resolutions, and related documents for ARB/client responsibilities, and supporting annual reviews.

The candidate should have 1+ year of retirement plan experience and 3-5 years in 401(k) plans, with strong communication, organization, and attention to detail.

Qualifications

• 1+ year of technical retirement plan experience with tax-qualified plans and pension laws.
• 3-5 years of experience with 401(k) plans; underwriting or new case issuance preferred.
• Strong written/oral communication and client service skills.
• Ability to prioritize tasks and meet deadlines in a fast-paced environment.
• Good working knowledge of Microsoft Word and Excel.

Responsibilities

• Prepare adoption agreement drafts, board resolutions, retirement plan service agreements, confirmations of funds, and related documents.
• Assist with client communication related to legislative changes and topics as directed.
• Support new business installation as directed.
• Participate in annual Administrative Review; audit plan provisions, fee setup, and plan documentation; resolve exceptions.

Skills

Retirement plan experience

401(k) experience

Communication skills

Attention to detail

Time management

Client service

Tools

Microsoft Word

Microsoft Excel

Job description

Alerus Financial is seeking a Compliance Analyst to support new business activity by creating and uploading plan documents and to back up Compliance and service teams. The role involves drafting adoption agreements, board resolutions, and related documents for ARB/client responsibilities, and supporting annual reviews.

The candidate should have 1+ year of retirement plan experience and 3-5 years in 401(k) plans, with strong communication, organization, and attention to detail.