Intermediate Client Onboarding Manager - Mid-Market Retirement Job Seattle Washington USA,Finance & Banking

Intermediate Client Onboarding Manager - Mid-Market Retirement

Apply locations Work From Home, USA time type Full time posted on Posted 22 Days Ago job requisition R

Job Family

Transactions / Client Processing

Job Description Summary

Oversee the onboarding of new plan sponsor retirement plans and the conversion of existing plans from other providers. Provide customized service and communications throughout the installation process to ensure deliverables are met. Manage relationships with plan sponsors, financial advisors, third party administrators, and associated stakeholders. The intermediate role is responsible for onboarding small to mid-size plan sponsors.

Responsibilities:

Transition

Manage the installation of defined contribution retirement plans, during start up or conversion, for single employer and multiple employer plans.

Analyze deliverable dates and timetables to create detailed project plans encompassing all aspects of the installation.

Evaluate timelines for liquidation of investments and receipt of plan data from prior providers in consideration of SOX blackout and plan effective dates.

Determine education options and delivery methods best suited for plan sponsors and participants, and coordinate with trainers to initiate.

Manage transition of funds out of blackout to the service team within set timetable. Initiate extension notices if needed.

Compliance/Technical

Delegate and monitor record keeping setup, asset transfer, allocation, and first deposits, including the education, integration, and mapping of payroll files/methods.

Ensure plan set up consultants prepare documents related to plans and contracts, including employee disclosure material required to establish a new retirement plan.

Create and ensure regulatory notices are accurate and distributed to participants on time.

Conduct consultative discussions for plan reviews and assist plan sponsors with compliance questions related to plan design.

Relationship Management

Serve as primary plan sponsor contact during the installation process to ensure all aspects of the transition process meet client expectations.

Analyze data, conversion, payroll, and census files received from the client to assess the accuracy and consistency of information. Notify the plan sponsor and internal/external contacts of issues that may impact the success of the transition.

Plan and execute internal and external communications with plan sponsors, financial advisors and third-party administrators based on client preferences and culture.

Manage relationships with internal partners, sales executives, plan sponsors contacts, financial advisors and third parties throughout the installation process to ensure deliverables are met.

Confirm the accuracy and delivery of enrollment materials to participants once plans are in place.

Qualifications:

Bachelor’s degree in a business field or equivalent experience

Two years of financial services industry experience including client management, installations/conversions, or contract compliance

Good understanding of retirement plan regulations

Client focused to provide exceptional customer service

Outstanding written/oral communication and relationship building skills

Time management and organizational skills to handle multiple installations at various points in the conversion project lifecycle

Problem solving skills and attention to detail

Ability to quickly learn and navigate numerous systems/applications

Working Conditions:

Office or hybrid office/remote environment

Compensation:

The Salary for this position generally ranges between $65,000 - $75,000 annually. Please note that the salary range is a good faith estimate for this position and actual starting pay is determined by several factors includingqualifications, experience,…