Job Summary
The Distribution Specialist is responsible for reviewing, interpreting, and processing requests for clients including numerous types of distributions. The Distribution Specialist is also responsible for managing timing expectations for all transactions as well as managing proper communication and follow-up procedures with internal clients. They may also handle reports and other tasks outside of daily processing.
Responsibilities
Process distributions for Retirement Plans and/or other plans as required
Analyze data and/or files along with 401(k) plan parameters to ensure proper processing of client and participant data
Process banking and custody transactions required to support recordkeeping activities
Focus on operational data processing to ensure daily goals and objectives are met
Monitor outstanding distributions for all plans to insure accurate timing of distribution
Maintain focus on accuracy, given the potential for financial impact
Manage proper timing for completing processing tasks while also adhering to follow-up procedures with internal clients
Handle standard or routine tasks requiring judgement and discretion
Be responsive to internal service and research requests
Handle reports and other tasks as assigned.
Assist other team members on request
Skills & Qualifications
Bachelor’s degree preferred
Minimum 1-year experience in a financial services processing environment
Working knowledge of Microsoft Office products
Able to adapt to frequent changes in a calm and professional manner
Strong desire for continuous learning
Results oriented
Excellent written, verbal, and interpersonal skills required
Excellent organizational and time management skills
Service oriented interactions with managers, peers and customers
Ability to follow documented standard operating procedures
Displays initiative
Accountability and good judgement
Experience with Relius, or other recordkeeping systems preferred
Hourly: $17.00 to $21.00 per hour, based on experience, plus eligibility to participate in the company’s bonus program