Compliance Manager, Defined Contribution - India

Posted 2 Days Ago
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Chennai, Tamil Nadu, IND
In-Office
Entry level
Financial Services
The Role
Manages defined contribution retirement plan compliance, including IRS and Department of Labor testing, trust accounting, Form 5500 reporting, census data completion, SLAs, process improvement, control-break analysis, training, supervision, and organizational change management.
Summary Generated by Built In

Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.

 

Roles & Responsibility:

  • Experience in retirement plan recordkeeping/administration with knowledge of IRS and Department of Labor.
  • Expert knowledge of compliance Testing, Trust Accounting and Form 5500 of 401K and administration.
  • Preferably ASPPA certified or equivalent.
  • Monitor receipt of Census information to completion of Compliance Tests, Trust Accounting and Form 5500 reporting and being delivered to client on a timely basis.
  • Proven leadership, management, and direct supervisory skills.
  • High level written and verbal communication and presentation skills.
  • Develop SLAs, lead process development and improvement
  • Understanding root cause / identifying control breaks
  • Implementation and Organizational Change Management skills

 

Education and Skill Requirement:

  • Proven Project Management Skills
  • Coordinate the successful training and instruction of new associates
  • Excellent communication and problem-solving skills
  • Ability to work in a collaborative team environment, ask right questions, and seek help when appropriates
  • Flexibility in work culture (Example – She/he should be flexible in Day/Night shift based on business requirement)

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.

Skills Required

  • Experience in retirement plan recordkeeping and administration
  • Knowledge of IRS and Department of Labor requirements
  • Expert knowledge of compliance testing, trust accounting, Form 5500, and 401(k) administration
  • ASPPA certification or equivalent
  • Leadership, management, and direct supervisory experience
  • Strong written, verbal, and presentation communication skills
  • Experience developing SLAs and leading process development and improvement
  • Root-cause analysis and control-break identification skills
  • Implementation and organizational change management skills
  • Proven project management skills
  • Ability to coordinate training and instruction for new associates
  • Excellent communication and problem-solving skills
  • Ability to work collaboratively and seek assistance when appropriate
  • Flexibility to work day or night shifts based on business requirements

Ascensus Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ascensus and has not been reviewed or approved by Ascensus.

  • Flexible Benefits — Flexible and remote options are positioned as a meaningful part of the overall rewards experience and can help offset base-pay concerns for some roles.
  • Healthcare Strength — Healthcare coverage is presented as broad and modern, including medical, dental, vision, mental-health resources, and navigation support programs.
  • Parental & Family Support — Family-oriented benefits stand out through paid parental leave and practical supports like breast-milk shipping for traveling, breastfeeding employees.

Ascensus Insights

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The Company
HQ: Dresher, PA
4,629 Employees
Year Founded: 1980

What We Do

Ascensus helps millions of people save for what matters—retirement, education, and healthcare. We’re also one of the savings plan industry’s leading providers of outsourced services. Our technology, market insights, and business knowledge enhance the growth and success of our partners, their clients, and savers. Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com.

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