15 Oct
|
Empower
|
Bengaluru
Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.
Job Summary: -
Would be responsible to review various sets of data and perform Non-discrimination testing, generate Form- 5500 s and Plan Audits
Primary Duties and Responsibilities: -
- Keep abreast of regulatory and compliance developments of the deliverables through continuous self-learning.
- Understand the operational standards, SLA and ensure all the standards are met.
- Would work in a fast-paced environment which demands need of learning and implementing new things.
US Retirement Knowledge: -
- Robust working knowledge of employer-sponsored defined contribution retirement plans, with emphasis on 401(k) and 403(b) plans.
- Solid understanding of eligibility, employee deferrals, employer match/non-elective contributions, vesting, loans, distributions, rollovers, beneficiary provisions, hardship withdrawals, and other common plan features.
- Ability to analyze 401(k) and 403(b) plan provisions, identify dependencies or inconsistencies, and translate plan document language into clear operational and recordkeeping requirements.
- Experience interpreting plan amendments and assessing their impact on system configuration, participant administration, and downstream processes.
- Working awareness of IRS and ERISA requirements relevant to retirement plan administration, with sound judgment on when legal, compliance, or specialized review is required.
Background and Qualifications:
- Should have 2-3 years of experience in any financial domain. US retirement industry would be added advantage
- Bachelor s degree in any stream
- Should have good oral and written communication skills as the role demands extensive partner communication via emails.
- Proactive and self-learner with an ability to motivate self and must be detail oriented and adaptable for change.
- Excellent analytical and problem-solving skills and ability to escalate to the required level as per need of the hour.
- Proactive and self-learner with an ability
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
📌 Associate Analyst Compliance (Bengaluru)
🏢 Empower
📍 Bengaluru