Retirement Record Keeping Specialist - NWPS

Description

Job Description:

Come join us with helping people save for their future. Our company offers employers the ability to provide retirement savings plans to their employees through 401(k), 403(b) or other qualified plans.

NWPS strives to provide an extraordinary work environment that supports the happiness and well-being of our staff, clients, and company, in that order. We believe we should all act in the best interest of our clients and fellow staff members, treat each other with respect, and expect the same of ourselves as we do from everyone else. Do the right thing, all the time, take care of clients, and we all succeed together.

Join us to work on a team of critical-thinking, detailed-oriented people who support our clients and their employees with their retirement savings plans operation. You ll oversee daily activities like investing payroll contributions, determining if an employee is eligible for benefits, process requests for withdrawals and more. As you learn and build your skills, you ll have the chance to explore other career opportunities.

Key Responsibilities:

This position is eligible for fully remote or hybrid work environments. A hybrid work environment is strongly preferred for candidates residing within commuting distance to the Seattle, WA, Mill Creek, WA and Towson, MD office locations.

As an Entry-Level Retirement Record Keeping Specialist, you will be responsible for a variety of essential tasks to support our retirement record keeping processes, including:

1. Payroll Processing: Assist in processing payroll transactions related to retirement plans.

2. Payroll Census Validation: Verify the accuracy of payroll census data.

3. Loan Processing: Support the processing of participant loans, ensuring compliance with plan rules and regulations.

4. Loan Payoff Processing: Handle loan payoff transactions, maintaining accurate loan records.

5. Fee Liquidation: Assist in the liquidation of plan fees and ensure proper accounting.

6. Rollover Cash Reconciliation & Processing: Help reconcile and process rollover contributions.

7. New Hire Enrollment Reviews: Review and process new hire enrollments.

8. Routine Participant & Client Communication: Maintain effective communication with plan participants and clients, addressing inquiries and providing support.

9. Quality Checking: Learn and perform quality checks on the work of peers to maintain the highest standards of accuracy and compliance.

10. Sales Force Workflow Logging: Continuously monitor inbound cases in Sales Force.

Qualifications

Knowledge, Skills, and Abilities

• Excellent problem-solving and critical thinking ability

• Show initiative and be proactive when necessary

• Be highly organized, electronically and with paper

• Quality-driven with a strong sense of accountability

• Diagnose problems and offer resolution

• Communicate effectively, both verbally and in writing

• Be open and flexible in a dynamic environment focused on continuous improvement

• Operate standard office equipment

• Use required software applications, including Microsoft Office 365 and established databases

• Efficiently manage time and resources

• Establish and maintain effective working relationships at all levels of the organization

• Thrive in a fast-paced environment committed to meeting deadlines

• Work independently as well as collaboratively within a team environment

Educational/Previous Experience Requirements

• Bachelor s degree in mathematics, Economics, Accounting, Finance, Computer Science, or other technical field of study or equivalent knowledge and experience.

Licenses/Certifications

• None

Compensation

• $55,000 - $58,000

• Base pay offered is based on market location, and may vary further depending on individualized factors for job candidates, such as job-related knowledge, skills, experience, and other objective business considerations. For candidates residing in AK, CO, CA, DC, HI,IL, NJ, NY, WA, the salary range is $67,320 - $70,000

• Competitive Benefits Package

Training and Development:

This position offers a comprehensive training program designed to equip you with the necessary knowledge and skills to excel in retirement record keeping. You will have the opportunity to learn from experienced professionals and develop your expertise in this field.

Career Growth:

As an Entry-Level Retirement Record Keeping Specialist, you will have the opportunity for career advancement within our organization. We encourage and support the growth of our employees as they gain experience and expertise in retirement record keeping.

If you are a motivated individual with a passion for detail, accuracy, organization, and a desire to learn and grow in the field of retirement record keeping, we encourage you to apply for this exciting entry-level position. Join our team and embark on a rewarding career path in retirement record keeping!

For more information about Raymond James & Associates (RJA) and Northwest Plan Services (NWPS), please visit:

About NWPS:

Acquired by Raymond James on December 24, 2020, NWPS Holdings, Inc. and its wholly-owned subsidiaries doing business as NWPS and Northwest Plan Services provide retirement plan administration services, recordkeeping, consulting, actuarial, compliance and participant services. Based in Seattle, Washington, NWPS provides high-quality service to benefit plan sponsors, participants and advisors and is committed to serving its clients. NWPS has over 1,100 clients nation-wide with 425,000 plan participants and over $45 billion of assets under administration.

About Raymond James:

RJA is an investment adviser and full-service broker-dealer dually registered with the Securities and Exchange Commission. RJA also is a member of the Financial Industry Regulatory Authority, the National Futures Association, and the NYSE. RJA s services include: private client; institutional equity and fixed income institutional sales; investment banking; trading activities; and operations and administration. RJA employs approximately 3,200 financial advisors through its private client group under RJA s eponymous Raymond James & Associates, Inc. and Alex. Brown, a Division of Raymond James.

RJA serves as a clearing broker-dealer and custodian for many of our affiliated broker dealer/ investment advisor subsidiaries, including RJFS and RJFSA. Additionally, RJA provides trade execution, custody, and clearing services to non-affiliated registered investment advisers and introducing broker-dealers through its RIA & Custody Services Division (RCS).

Job: Administrative & Support Services

Primary Location: US-RM-Remote-Remote

Other Locations: US-WA-Seattle-Seattle

Organization NWPS

Schedule Full-time

Job Shift Day Job

Travel No

Req ID: 2400939