Performs all recordkeeping functions for a variety of retirement plans/participants in an accurate, timely and efficient manner, including balancing, posting transactions, etc.
- Performs a variety of duties to support the Retirement Services Group function; Ensures that all trust and related recordkeeping activities are efficiently and accurately performed; Performs operational tasks for supervisor and others, as assigned; Serves as back-up for various desks and/or responsibilities within the department, as assigned.
- Performs recordkeeping and balancing responsibilities on a scheduled basis to provide timely and accurate information for participant statements and applicable reports, including distributions, transfers, vesting, plan provision and testing compliance.
- Verifies allocations (contributions and earnings); Prepares checks for monthly payments and distributions and balances appropriate accounts.
- Prepares and/or assist in preparing required government reports for individual and plan documentation;
- Data entry of contributions and loans for various plans; Updates account investment information in the event of name changes, stock splits/mergers; Communicates with plan participants with regard to loans, benefit payouts, etc.
- Performs beginning and end of day balancing, as required; Assists in statement preparation as needed; Distributes reports to appropriate Division personnel.
- Assists the Plan Managers with the preparation of annual compliance tests, Form 5500-SF, and reconciliations for large plan form 5500 filers.
- Assists with the set-up in Relius for start-up and takeover Plans. Works with the Plan Manager to load and review data uploads during the conversion and new plan set-up.
- Conforms to General Performance Expectations as identified for all employees.
Qualifications/Requirements
- BA or BS degree in related field of study preferred; minimum of three years' experience in related position required.
- ASPPA QKA designation preferred.
- Proficient interpersonal skills in dealing with clients and all levels of management.
- Intermediate to Advanced level skill in Microsoft Word, Excel and PowerPoint; proficient spelling, grammar and composition skills.
- Experience with the FIS Relius Administration System preferred.
- Close attention to detail and good organizational and time management skills.
- Excellent written and oral communication skills.
Salary Range $18.19 to $31.03 hourly
Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. Along with a competitive compensation program please visit the benefits section of our Careers page to view available benefits.
Chemung Canal Trust Company/Capital Bank fosters a diverse and inclusive culture where employees are able to succeed to their full potential. EEO/AA Including Veterans and Disabled
What We Do
Chemung Canal Trust Company is an independent community bank, which has served the financial needs of businesses and individuals for over 180 years. We trace our roots to the opening of our namesake, the Chemung Canal, in 1833. Today, we operate 33 branch offices in 12 New York State counties and one Pennsylvania county. Most important, we remain steadfast to our community banking philosophy and business model, which means we build long-term relationships with our clients and play a vital role in the communities we serve. Deposits gathered locally are channeled back into our local communities in the form of loans to businesses, individuals, organizations and other enterprises. Decisions are made locally, not in some far-off distant city.
