Participant Data & Asset Processing Analyst

Grow your career with a growing organization

Whether they’re helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that’s hard to beat. And from a personal satisfaction perspective, you’ll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.

The Participant Data and Asset Processing Analyst is responsible for analyzing participant data and asset processing for completeness to ensure adherence to plan provisions and service agreements for the Large, Mega, Not-for-Profit, and Government segments. Responsible for resolving participant data or asset processing issues with either the implementation consultant or data analyst. Clients can be new or existing (merger) and will generally have assets more than $100M; clients with multiple IRS codes; divisions or employer groups; and customization. Responsible can also include set up of plan and participant records for plans under $100M.

What You Will Do

• Provide plan reconciliation for client approval.
• Review plan submission materials including the plan set up checklist, loan provision policy and other materials for needed for the implementation of standard LMNG plans.
• Coordinates plan and participant setup to prevent risk of loss due to errors. Cross-functional collaboration with conversion consultants, quality assurance, sales, technical support, systems, UAT test, legal, investments, marketing, and the operational teams.
• Quality check fund/money type/disbursement mapping.
• Coordinate participant data load either through implementation team or through systems teams as needed.
• Submit requests to various functional teams across the organization to ensure timely and accurate plan set up, including but not limited to loans, recoveries, SDB, managed accounts, tech support and systems.
• Assist with cross training staff Resolves most questions and problems and refers only the most complex issues to higher levels.
• Analyze participant data files, identifying data anomalies or missing data elements needed to provide standard and custom plan services. Work with client and prior record-keepers to resolve data issues.
• Quality check participant data before and after move to production.
• Coordinate the allocation of assets and required prenotes as needed for each mapping strategy.
• Advanced ability with one Participant Data and Asset Processing function while having strong knowledge of a second function.
• Propose resolution to participant data conditions in consultation with internal operational teams to ensure administration of plan provisions and service requirements. Document agreed upon procedures.
• Monitor the progress of the plan set up and communicate to internal teams.

What You Will Bring

• Knowledge of IRS codes; 457, 401(k), 403(b), 401(a), etc. required.
• 1-3 years Implementation or related work experience
• Bachelor's Degree in Business or related field preferred
• FINRA Fingerprinting Required
• Prior experience and knowledge of various IRS codes; 401(k), 401 (a), 403(b), 457, etc. preferred.
• Demonstrated experience with and knowledge of internal record keeping systems required.
• Ability and desire to learn and be proficient with Alteryx.
• Knowledge of plan document provisions relative to current recordkeeping system capabilities is preferred.

What We Offer You

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Paid volunteer time — 16 hours per calendar year
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Tuition reimbursement up to $5,250/year
• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.
• Business-casual environment that includes the option to wear jeans

The salary range below shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Base Salary Range

$ 56,200.00-79,375.00

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***