Location: Hybrid Role- Jersey City, NJ and Sandy,Utah
Duration: 12+ Months Contract with Possible Extension
Pay Rate: $25/HR on W2 • Hybrid: Monday and Friday - WFH; Tuesday, Wednesday, and Thursday in office (looking for flexibility to be able to work overtime as needed - not required)
• Shift (NJ): 8:30 - 5:30 ET (w/ 1 hour lunch)
• Shift (UT): 6:30 - 3:30 MT (still supporting ET time zone)
INTERVIEWS • 1st round onsite in Jersey City preferred but flexible to do over Zoom • Possible 2nd round if needed
TOP SKILLS • Associate's or Bachelor's REQUIRED
• Understanding or familiarity with 590A and 590B; Retirement tax form reporting 1099R/1099Q; 5498/ 5498ESA...
• IRS publication 590A- is the IRS regulations for IRA contributions.
• IRS publication 590B- is the IRS regulations for IRA distributions.
• 1099R is the distribution tax form from a Retirement account.
• 1099Q is the distribution tax form from a Coverdell account.
• 5498 is the contribution tax form from a Retirement account.
• 5498ESA is the contribution tax form from a Coverdell account.
PREFERRED/DESIRED • 1-2 years' experience with Retirement product and services (highly desired) • Knowledge of IRS Contributions and Distribution rules • Excel experience
SUMMARY • A Retirement Operations Analyst is one who maintains functional knowledge of the brokerage business with an emphasis on retirement account operations.
RESPONSIBILITIES • Customer Request Handling / Problem Resolution / Data Analysis - as assigned • Perform different levels of problem resolution & data analysis for all aspects of retirement operations support including: contributions, distributions, processing conversions, recharacterizations, and state withholding reconciliation • Reconcile activities to ensure transactions are recorded with the proper books and entry coding • Assist the management team in developing metrics that demonstrate the progress / completion of retirement inquiry resolution • Execute on customer requests to move money out of retirement accounts • Understand tax implications of transactions in and out of different retirement account types • Resolve retirement account issues and document the resolution process • Validate data integrity is maintained in client facing displays
QUALIFICATIONS • Experience with retirement account types desirable, IRS rules, and/or tax reporting obligations • Analytical thinker, with excellent written and verbal communication • Detail oriented with strong organizational skills • Ability to prioritize multiple tasks, and work against deadlines and objectives • Adaptable to dynamic work environments and priorities • Demonstrate ownership and sense of urgency in resolving inquiries and issues • Proven effectiveness in fast-paced, demanding, client-driven environment. • Ability to perform and deliver within tight deadlines • A challenging and inquiring mind