In this position within our Wealth management Operations Department, you will be responsible for assisting and supporting retirement plan participants and Retirement Professionals with various administrative and transactional requests. Responsible for ensuring compliance with Employee Retirement Income Security Act of 1974 (ERISA) and Internal Revenue Service (IRS) tax codes. This position works out of our Glens Falls, NY office.
RESPONSIBILITIES :
§ Provide support to Retirement Professionals and support staff to develop team and work toward achievement of department goals, division objectives, and Company strategic plan
§ Work with Retirement Plan Distribution team on a variety of special tasks and requests as needed
§ Process a variety of transactions including; Individual Retirement Account (IRA) distributions, retirement plan distributions, retirement plan loan distributions and required minimum distributions
§ Serve as back-up to retirement plan distribution function
§ File documents manually and electronically based on established criteria
§ Keep job knowledge and skills up-to-date and ensure compliance with ERISA and IRS tax codes
§ Participate actively in Company Cross-Sell/Referral Program, make referrals as appropriate and accomplish individual and team goals.
§ Assist with problem solving and answer questions to help with problem resolution; provide consistent customer service to both internal and external customers.
QUALIFICATIONS :
Education/Certifications/Experience:
§ Associate’s Degree or equivalent experience required
§ 2+ years of experience preferred
Skills/Knowledge:
§ Working knowledge of ERISA, IRS tax laws and regulations preferred
§ Proficient math skills and general knowledge of accounting procedures
§ Strong organizational skills with the ability to prioritize multiple tasks/projects to meet strict deadlines
§ Proficient in Microsoft Office Suite: Word, Excel, Outlook, and PowerPoint; ability to master multiple trust accounting software products
§ Strong oral and written communication skills with the ability to collaborate confidently and professionally with fellow employees, management, and other stakeholders.
Physical Demands:
§ Must be able to sit for prolonged periods of time and walk/stand for brief periods of time.
§ Must be able to repetitively use a telephone and computer mouse and keyboard.
§ Ability to lift/move up to 15 lbs.
ABOUT OUR COMPANY
We offer a pleasant work environment, career development opportunities, competitive compensation, and an exceptional benefits package. This position works out of our Glens Falls, NY Office.
Glens Falls National Bank & Trust Company has been serving the region and helping our neighbors achieve their financial goals since 1851. We are proud to serve as a cornerstone in the community through charitable giving and unmatched volunteerism. We serve Warren, Washington, northern Saratoga, Essex, and Clinton counties through 30 offices.
We are an Equal Opportunity Employer. Our employment decisions are made without regard for: race, color, religion, national origin or ethnic origin, gender (including pregnancy), sexual orientation, gender identity or expression, age, disability, veteran status, or any other characteristic protected by law.