Manager Participant Transaction

Posted 6 Days Ago
Be an Early Applicant
Bangalore, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
Fintech • Payments • Financial Services
The Role
Manages participant transaction operations for defined contribution retirement plans. Leads teams, ensures regulatory compliance and service-level performance, manages operational risks and controls, analyzes performance metrics, drives process improvements, oversees audits and governance, supports capacity planning, and leads projects and change initiatives. Requires strong knowledge of the Internal Revenue Code, ERISA, retirement industry practices, people leadership, stakeholder management, and operational risk.
Summary Generated by Built In

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

Key Roles and Responsibilities

  • Demonstrate strong knowledge of the Internal Revenue Code, ERISA, and applicable regulations governing defined contribution plans.
  • Lead day-to-day operations and ensure adherence to service-level agreements, quality standards, regulatory requirements, and internal controls.
  • Manage team performance through regular feedback, coaching, development planning, performance management, and succession planning.
  • Drive recruitment, onboarding, training, employee engagement, and capability development.
  • Identify and implement process improvements that enhance efficiency, quality, customer experience, scalability, and cost effectiveness.
  • Monitor operational performance, capacity, backlogs, and system dependencies to minimize service disruptions and processing delays.
  • Proactively identify, assess, mitigate, and escalate operational, compliance, technology, and customer-impacting risks.
  • Coordinate with cross-functional teams, technology partners, support functions, auditors, and senior leaders to ensure business and operational requirements are met.
  • Provide timely and accurate reporting and analysis of business drivers, key performance indicators, service metrics, risk indicators, and productivity measures.
  • Analyze performance trends, conduct root-cause analysis, and implement corrective and preventive actions.
  • Support forecasting, capacity planning, budgeting, resource allocation, and long-term operational planning.
  • Lead governance routines, business reviews, audits, compliance reviews, and the timely closure of identified actions.
  • Maintain current standard operating procedures, controls, documentation, and business continuity plans.
  • Lead projects and change initiatives from planning through implementation, ensuring effective communication, stakeholder alignment, risk management, and adoption.
  • Maintain confidentiality and protect customer, employee, and business information.
  • Foster a culture of accountability, collaboration, inclusion, customer focus, and continuous improvement.

Required Skills and Competencies

  • Strong knowledge of defined contribution plan operations, regulatory requirements, and industry practices.
  • Strong people-leadership skills, including coaching, performance management, delegation, conflict resolution, and talent development.
  • Excellent stakeholder-management, influencing, negotiation, and relationship-building skills.
  • Strong operational-risk and control mindset.
  • Strong analytical, critical-thinking, problem-solving, and decision-making capabilities.
  • Ability to interpret data and translate findings into clear, actionable recommendations.
  • Strong project-management and change-management capabilities.
  • Excellent written, verbal, presentation, and facilitation skills.
  • Self-motivated, proactive, accountable, and results-oriented.
  • Ability to manage multiple priorities and make sound decisions under pressure.
  • Strong attention to detail and commitment to accuracy, quality, and compliance.
  • Ability to learn new processes, systems, policies, and procedures quickly.
  • Proficiency in Microsoft Excel, PowerPoint, Word, and Outlook; experience with reporting or data-visualization tools is preferred.
  • Open to work in late night shifts if required.

Eligibility:
• 8 years of experience US Retirement Industry
• 6 years of experience in DC is preferable

• Minimum 2 years in lead role
• Graduate or a Master's Degree in any discipline

This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job.  The employer has the right to revise this job description at any time.   You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job description.   You may be required perform other duties that are not included on this job description.  The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason.

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. 

Skills Required

  • 8 years of experience in the U.S. retirement industry
  • 6 years of experience in defined contribution retirement plans
  • Minimum 2 years of experience in a lead role
  • Graduate or master's degree in any discipline
  • Strong knowledge of the Internal Revenue Code, ERISA, defined contribution plan operations, and applicable regulations
  • Experience with people leadership, coaching, performance management, delegation, and talent development
  • Operational risk, compliance, controls, analytical, project management, and change management skills
  • Proficiency in Microsoft Excel, PowerPoint, Word, and Outlook
  • Willingness to work late-night shifts if required

Empower (empower) Compensation & Benefits Highlights

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

  • Retirement Support — A 401(k) match up to 6% plus potential discretionary contributions and no‑cost financial planning signal strong retirement support. This focus on retirement consistently elevates the value of the total rewards package.
  • Healthcare Strength — Comprehensive medical, dental, and vision coverage with mental‑health resources, wellness incentives, and HSA contributions indicates a robust health offering. Multiple plan options and supportive services (such as virtual care and second opinions) expand access and utility.
  • Leave & Time Off Breadth — PTO programs (including Responsible Time for exempt roles), paid holidays, floating days, and paid volunteer hours offer strong time‑off coverage. These features contribute materially to overall compensation value.

Empower (empower) Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Greenwood Village, CO
11,963 Employees

What We Do

Built on a foundation of trust, integrity and promise, we proudly serve over 71,000 outstanding organizations and more than 17 million individuals. ¹ We take great pride in helping people with saving, investing and advice, while providing them with the tools and resources they need to help reach their financial goals. We’re continuing to grow — and innovate — every day. Our mission is to empower financial freedom for all. That mission starts by delivering advice, personalized guidance and critical support. We strive to meet the unique needs of everyone we serve and embrace the opportunity to inspire them along their journey. Disclosures: https://www.empower.com/social-media

Similar Jobs

Capital One Logo Capital One

Human Resources Business Partner

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
Bengaluru, Bengaluru Urban, Karnataka, IND
55000 Employees

Capital One Logo Capital One

Principal Associate, Risk Management

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
Bengaluru, Bengaluru Urban, Karnataka, IND
55000 Employees

Capital One Logo Capital One

Senior Software Engineer

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
Bengaluru, Bengaluru Urban, Karnataka, IND
55000 Employees

Optum Logo Optum

Machine Learning Engineer

Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
In-Office
Bengaluru, Bengaluru Urban, Karnataka, IND
160000 Employees

Similar Companies Hiring

Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 Employees
Kepler  Thumbnail
Artificial Intelligence • Fintech • Software
New York, New York
9 Employees
Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account