Distributions Analyst

Description:

Company Overview

PCS Retirement, LLC, a subsidiary of FSG Parent L.P., is one of the nation's largest independent and conflict-free retirement solution providers in the industry. PCS provides recordkeeping services to 19,000 plans and 850,000 eligible participants representing more than $26 billion in assets under administration. PCS' comprehensive retirement solutions platform includes business development tools for financial advisors, a data-driven recordkeeping technology that supports all types of retirement plans [401(k), 403(b), 457, Cash Balance, Defined Benefit, Non-Qualified], individual retirement accounts (including payroll deduction IRAs), and health savings accounts.

At PCS Retirement, we cultivate an environment built on trust, where every team member is empowered to take ownership and contribute to our shared vision. Through collaborative teamwork we foster growth, both personally and professionally, ensuring that together we exceed expectations and achieve remarkable success.

To learn more, visit https://www.pcsretirement.com/

Job Summary

The Distribution Analyst II supports the daily operations of the distributions team in accordance with FSG internal regulations along with SEC and IRS guidelines. This role will act as a training resource for all entry level Distribution Analysts. The level II Analyst will conduct quality assurance for the work completed by level I team members and the offshore team.

Job Responsibilities

• Responsible for reviewing and approving & quality assurance of level one Analysts transactions.
• Provides trainings for level one Analysts responsibilities.
• Acts as second in command to Distributions Team Lead in their absence.
• Accurately processes various distribution types including loans and excess contribution transactions without errors
• Performs quality reviews of all transactions processed to verify accuracy.
• Reviews and prepares manual investment transactions to effect timely disbursement of monies.
• Evaluates, approves, and processes retirement account requests received from clients.
• Takes ownership of account related issues by researching historical activity, interacts with various vendors, internal or external partners.
• Promptly follows up with partners via phone calls or email as needed.
• Monitors the department email boxes, workflow queues and Salesforce cases.
• Enhances client experience by providing feedback regarding improvements to streamline existing processes and/or increase department efficiency.
• Has working knowledge of IRS rules regarding retirement accounts and tax codes via ongoing training courses, IRS publications, or other reference material.
• Complete other duties and projects as assigned

Requirements:

• 2+ years of retirement industry experience required.
• Financial degree preferred, or any equivalent combination of education or work experience.
• Experience with Relius and Salesforce preferred.
• Self-Starter, highly self-motivated with an ability to work independently with minimal instruction.
• Strong attention to detail with an ability to multitask in a fast-paced environment.
• Must be able to work efficiently and effectively.
• Must be a team player.
• Ability to prioritize work and execute tasks while under pressure.
• Ability to run reports out of Salesforce and Relius and analyze data.
• Ability to meet various daily deadlines for timely processing of disbursements.
• Ability to maintain confidentiality of sensitive client information.
• Proficiency in Microsoft Office applications: Word, Excel, Power Point, Outlook and Access; keyboarding proficiency, internet savvy and use of web-based systems.
• Demonstrated ability to communicate effectively both verbally and in writing.
• Interacts professionally with customers and addresses all inquiries.
• Demonstrates strong analytical foundation, sound judgment, and ability to solve complex problems independently.
• Flexibility to work overtime and varied shifts as requested.

Remote Work Information

For all virtual remote positions, in order to ensure employees can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 50 MBps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Please ensure that you are able to meet these expectations before applying.

Compensation Information

The average salary for this position is expected to be between $40,000 and $60,000/year however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. We do not anticipate candidates to be paid 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, life insurance, short and long term disability, paid-time off, etc. For more information, please visit pcsretirement.com/careers

Additional Information

As an employer, PCS believes our success depends on diversity, inclusion, and mutual respect among our team members. We want to look like our customers, and we recruit, develop, and retain the most hardworking people from a diverse candidate pool. We are committed to making all employment decisions based on business need, merit, capability, and equality of opportunity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state, or local protected class.