Transaction Specialist

Reposted 2 Days Ago
Be an Early Applicant
Hiring Remotely in Dresher, PA, USA
In-Office or Remote
45K-50K Annually
Junior
Financial Services
The Role
Process participant retirement plan transactions (loans, hardships, distributions, QDROs, RMDs, in-service). Communicate with participants and plan sponsors, maintain system contact records, monitor email support queues, prepare notices/disclosures, assist with audits and compliance, and follow fraud-prevention protocols.
Summary Generated by Built In

FiduciaryxChange, recently integrated as part of Ascensus, is dedicated to reducing the risk and administrative burden of adhering to ERISA guidelines. Our suite of flexible and comprehensive fiduciary services helps 401(k) plan sponsors, advisors and administrators effectively meet their obligations. Led by experienced professionals, we uphold a Prudent Expert Standard of Care and offer specialized services such as Pooled Employer Plans, 402(a) Named Plan Fiduciary Services and 3(16) Plan Administrator support.

This position will be responsible for completing transactions, such as loans, hardship, termination distributions, QDROs, RMDs, and In-service distribution. They will follow a 7 step protocol to make sure the transaction is accurate and to prevent fraud. The position requires direct contact and interaction with participants.
 

Responsibilities
• Completes participant transaction requests

• Responds to Plan Sponsor questions or co-ordinates with
service providers
• Maintains the ATCSF Ad min system contact changes
• Ongoing daily monitoring of support and team emails
• Assists in overseeing plan sponsor service requests
• Completes annual and interim notices and disclosures
• Assist with Audit and YE Compliance Data Collection
• Force out monitoring and processing

Skills & Qualifications
• Bachelor's or Associate Degree
• At least 2 years of qualified plan experience
• Bilingual in English and Spanish
• Qualified plan document experience would be a plus
• Strong interpersonal skills
• Excellent oral and written communication skills
• Ability to organize, prioritize, and manage multiple tasks within
established timeframe
• Excellent analytical and critical thinking skills
• Exceptional skills in Microsoft Office Suite, Excel, preferred.
Being familiar with Microsoft Word and Adobe Acrobat a plus.

The national average salary is $45,000 - $50,000, exclusive of any bonuses and benefits. This salary range represents the low and high end for this position. Actual salary offered will vary and may be above or below the range based on various factors including but not limited to location, experience, performance, and internal pay alignment. We do not anticipate that candidates hired will begin at the top of the range however, from time to time, it may occur on a case-by-case basis.  Other rewards and benefits may include: 401(k) match, Medical, Dental, Vision, Paid-Time-Off, etc.  For more information, please visit careers.ascensus.com/#Benefits.

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

  • Bachelor's or Associate Degree
  • At least 2 years of qualified plan experience
  • Bilingual in English and Spanish
  • Strong interpersonal skills
  • Excellent oral and written communication skills
  • Ability to organize, prioritize, and manage multiple tasks within established timeframe
  • Excellent analytical and critical thinking skills
  • Qualified plan document experience
  • Exceptional skills in Microsoft Office Suite, Excel
  • Familiarity with Microsoft Word
  • Familiarity with Adobe Acrobat

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

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: 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.

Similar Jobs

nOps Logo nOps

Enterprise Account Executive

Artificial Intelligence • Cloud • Enterprise Web • Fintech • Software • Analytics • Infrastructure as a Service (IaaS)
Remote
United States
50 Employees
150K-185K Annually

Chief Detective Logo Chief Detective

Senior Analytics Engineer

Agency • Consumer Web • eCommerce • Social Media
Remote
United States
4 Employees
140K-175K Annually

AIO Logic Logo AIO Logic

Process Engineer

Artificial Intelligence • Fintech • Software • Financial Services
Remote
United States
24 Employees
145K-160K Annually

Riot Platforms, Inc. Logo Riot Platforms, Inc.

Thermal & Cooling Liquid Engineer (SME)

Artificial Intelligence • Cloud • Information Technology • Energy • Infrastructure as a Service (IaaS)
Remote
United States
800 Employees

Similar Companies Hiring

Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees
Hanover Park Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
42 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