Senior Retirement Compliance Specialist

Alerus Financial; West Fargo (ND); On-site; USD 70,000 - 80,000; Full time

Benefits offered by this job

Competitive compensation

Health and well-being benefits

401(k) and ESOP

Paid time off

Professional development

Job summary

Alerus Financial is seeking Compliance Administrators to support retirement compliance administration, focusing on ASO/Balance Forward plans. The role operates in a queued environment and uses Salesforce to manage tasks, with emphasis on accuracy and regulatory adherence.

Responsibilities include compliance testing, Form 5500 preparation, and collaboration with internal teams to meet deadlines while occasionally engaging with clients.

Qualifications

• Bachelor's Degree in a business related field or equivalent experience.
• Minimum five years' experience in defined contribution plan administration.
• Experience in the TPA/ASO/Balance Forward environment is preferred.
• ASPPA designations or similar certifications preferred.
• Ability to prioritize tasks for the team and meet deadlines in a fast-paced environment.
• Strong written and oral communication, organization, and client service skills.

Responsibilities

• Support client-facing team by delivering prompt, accurate, and thorough communication related to higher complexity retirement plan administration and compliance to ASO/Balance Forward plans.
• Engage with the client as needed and handle escalations within the team.
• Assist with compliance testing, Form 5500 preparation, and other regulatory requirements.
• Collaborate with internal teams to ensure accurate data handling and adherence to deadlines.
• Provide peer review support to level I/II administrators as needed.
• Assist on projects impacting Compliance Administration for ASO/Balance Forward/TPA clients.

Skills

Communication

Analytical thinking

Prioritization

Independent work

Documentation interpretation

Education

Bachelor's degree in business

Tools

Microsoft Word

Microsoft Excel

Job description

Alerus Financial is seeking Compliance Administrators to support retirement compliance administration, focusing on ASO/Balance Forward plans. The role operates in a queued environment and uses Salesforce to manage tasks, with emphasis on accuracy and regulatory adherence.

Responsibilities include compliance testing, Form 5500 preparation, and collaboration with internal teams to meet deadlines while occasionally engaging with clients.