Distribution Processor

The Distribution Processor will primarily be assigned to a specific distribution platform- 403b Aggregator Processing or 401(k) Distribution Processing. They will demonstrate the ability to process multiple distribution types with accuracy and maintain/meet timely processing goals.

Essential Job Duties And Responsibilities

• Retrieves distribution/loan/transfer forms ready for processing
• Reviews Plan data and determines eligibility of withdrawals
• Accurately determines the correct means of processing various withdrawal types
• Communicates dearly with internal departments on items needed for processing
• Keeps distribution logs and CRM current with up-to-date notes
• Compiles and understands reports relating to distributions
• Creates new participant loans
• Makes determinations on hardship withdrawal requests with assistance
• Generates Required Minimum Distribution reports
• Actively participates in recommended training

Supervisory Responsibilities

None

Preferred Skills/Abilities

• Knowledge of IRS regulations relating to retirement plans
• Ability to work in a fast-paced environment
• Detail oriented
• Accurate data entry skills
• Excellent written and oral communication skills
• Ability to contribute in a team-focused setting

Qualifications And Education Requirements

• Associate’s Degree in Accounting or equivalent experienc
• Relevant work experience relating to accounting or finance
• Proficient in Microsoft Excel and other Microsoft Office products

Physical Job Requirements

Prolonged periods of sitting at a desk and working on a computer.