Trust Associate

Section 1: Position Summary

Trust position that has an advanced understanding of all plan types and facilitates more complex interactions with the Plan Consultants.

Section 2: Job Functions, Essential Duties and Responsibilities

• Ability to successfully complete and support the work outlined for the Trust Associate 1 and 2 roles

• Reads and comprehends retirement plan provisions from plan documents, summaries of plan provisions, and related plan materials

• Supports the Plan Consultants in resolving operational and compliance trust issues related to qualified plans

• Tracks and monitors job progress to ensure that all necessary data is requested and received in order to meet trust deadlines

• Prepares trust accounting reports for Clients

• Supports and completes assigned quality assurance reviews

• Review non qualifying assets

• Able to assist consultants with follow up letters on missing trust information and/or addressing and resolving trust issues.

• Ability to successfully integrate information from alliance partners into pension software

• Knowledge of participant loans, partnership valuations, employer stock investments, and reporting of insurance policies

• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.

• Our I-Client service philosophy and our Core Values of People Matter, Quality First and Integrity Always should be visible in your actions on a day to day basis showing your support of our organizational culture.

• Assist with other tasks and projects as assigned

Supervision

• N/A

Section 3: Experience, Skills, Knowledge Requirements

• Bachelor's degree preferred

• Minimum of 2 years of advanced math education preferred

• 3 - 5 years of prior ERISA experience in the retirement industry preferred

• 3 - 5 years of experience in analysis of financial data required

• Strong Word, Excel (Advanced), and Outlook skills

• Strong written and oral communication skills

• Strong analytical and problem solving skills

• Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related ERISA compliance matters

• Associate holds Retirement Plan Fundamentals certification upon meeting eligibility requirements

• QKA designation preferred

• Ability to work additional hours during peak periods

• Prior experience with plan administration software, i.e. Relius

We are proud to be an Equal Opportunity Employer