Senior Compliance Consultant

This is a fully remote position, open to applicants in Florida.

📋 Description

• Conducts compliance testing, review of testing processes, document preparation, and government forms review for complex retirement plan clients.

• Ensures that assigned plans maintain tax-qualified status by fulfilling IRS and DOL reporting and testing obligations.

• Reports on the financial and accounting activities of plans.

• Prepares and evaluates compliance tests such as non-discrimination, top-heavy, coverage, and 415 annual addition tests.

• Performs and reviews intricate contribution calculations.

• Maintains client databases and updates records in recordkeeping software.

• Executes testing and quality-control audits.

• Submits financial reports and Form 5500 packages for review, correction, approval, and submission.

• Allocates employer contributions for profit-sharing, matching, and money purchase pensions based on plan specifications.

• Coordinates with the administration team to produce distributions or allocations of contributions or forfeitures.

• Reviews legal plan documents and employee information to assess participant eligibility.

• Reconciling and reviewing financial activities while preparing government forms.

• Consults with clients and implements solutions for their issues.

• Monitors changes in legislation, IRS rulings, and expert opinions that impact retirement plan processing.

• Investigates new issues and communicates their effects on plan qualification status.

• Acts as a technical resource for compliance analysts.

• Coordinates year-end processing with Relationship Managers and Client Service Managers.

• Leads projects aimed at process improvements and assists in training on new procedures.

• Composes reports, business correspondence, and procedure manuals; presents information and addresses inquiries.

• Supports less experienced Compliance Analysts in their daily tasks.

• Applies advanced mathematical principles using spreadsheet and accounting database software.

• Utilizes technical skills and available tools to resolve compliance challenges.

• Collaborates with team members and shares expertise.

• Embraces emerging technologies, including AI and automation.

• Undertakes other related tasks as assigned.

⛳️ Requirements

• 8 years of progressive experience in plan administration within a third-party environment.

• Successful completion of the ASPPA RPF-1 and RPF-2 exams for designation.

• Knowledgeable in controlled groups, cross testing, catch-up contributions, and other current technical matters.

• Advanced understanding of retirement plan tax law (ERISA), including relevant sections of the Revenue Code such as 401(a)(4), 416, 414(b), (c), (m), and (n).

• Strong proficiency in MS Office applications, particularly Excel.

• Bachelor’s degree in a business-related field or relevant industry experience preferred but not mandatory.

• QKA designation is a plus.

• ASC designation preferred.

• Capable of applying advanced mathematical concepts.

• Proficient in using spreadsheet and accounting database software.

• Skilled in performing detailed financial reconciliations and data analysis.

• Ability to thrive under pressure in a dynamic environment.

• Regular, reliable, and punctual attendance is required.

• Less than 5% travel required.

🏝️ Benefits

• Travel requirements are less than 5%.

• Reasonable accommodations available for individuals with disabilities.

• Opportunities for training and knowledge sharing.

• Access to emerging technologies, platforms, and evolving practices to facilitate transformational growth.