- Open, maintain, and close IRA accounts for clients, following IRS rules and procedures, including handling decedents accounts and calculating Required Mandatory Distributions.
- Process IRA contributions, distributions, rollovers, transfers, and conversions.
- Assist Enterprise Reporting manager with the preparation and filing of the applicable IRS tax forms and reports, such as Form 5498 and Form 1099-R.
- Answer client inquiries and provide information on IRA rules.
- Stay updated on IRA regulations, policies, and best practices, and attend training sessions as required. Provides guidance on regulations to branch personnel.
- Assist with various projects as needed.
- Knowledge of IRA rules, regulations, and products, such as traditional, Roth, SEP, and SIMPLE IRAs.
- Intermediate knowledge of Microsoft Office applications (i.e., Word, Excel, and Outlook).
- Excellent verbal and written communication skills.
- Ability to prioritize and organize assignments.
- Ability to work independently and as part of a team.
- Ability to handle multiple tasks and prioritize deadlines.
- High School Diploma or GED.
- Minimum of 3 years of financial services experience with one year of experience in IRA administration.
- Associate's or Bachelor's degree in accounting, finance or related field.
Top Skills
What We Do
At Valley, we aren’t just your average financial institution; we're your trusted partner in building a brighter future. With a widespread presence across the U.S., we've been serving communities since 1927.
For over 95 years, our team of dedicated professionals has been committed to creating better banking opportunities for our customers and fostering growth and prosperity in the communities we serve. From personalized financial solutions to comprehensive banking services, home mortgages, commercial lending, and wealth management, we're here to help you achieve your financial goals, no matter how big or small.
We understand that each individual and business has unique challenges and opportunities, and we're here to listen, understand, and provide tailored solutions to help you succeed.
©2025 Valley National Bank. Member FDIC. Equal Opportunity Employer. Equal Housing Lender. All Rights Reserved.
