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Qualified Plan Ops & Compliance Manager

T Bank NA

in Dallas TX

T Bank NA

As a Qualified Plan Ops & Compliance Manager, you will be a critical part of the Business Success team in managing the compliance needs of our 401(k) plans. This ground floor opportunity will require a comprehensive knowledge of 401(k) rules and compliance, with a an understanding of how the IRS thinks about plan qualification and building processes to help clients meet DOL requirements. Assist helping clients meet their retirement readiness goals and work as part of a startup team that’s revolutionizing the industry.

 Essential Responsibilities:

  • Ensures responsibilities below are carried out in compliance with all applicable banking regulations, and to ensure audit, compliance, and regulatory findings related to specific areas of responsibility resolved timely in accordance with managements’ approved action plan.
  • Maintains strong working knowledge of all applicable T Bank Policies and Procedures directly or indirectly related to areas of responsibility and ensures policy requirements are carried out.
  • Prepare and manage the annual compliance testing, correction calculations, and government reporting for clients
  • Work closely with financial advisors to understand and explain to clients compliance testing results, plan design recommendations, and recordkeeping procedures
  • Review plan documents, provide design recommendations and draft pre-approved plan documents
  • Experience in gathering data, reviewing, and finalizing Form 5500 reporting.
  • Play an active role in plan conversions and onboarding of 401(k) plans for employers
  • Be an internal subject matter expert in 401(k) plan operations including IRS and DOL correction programs, audit support, and government reporting
  • Ensure timely delivery of materials to appropriate internal and external parties in order to meet client and auditor expectations
  • Ensure adherence to current procedures and controls, and make recommendations to improve existing procedures and to reduce risk
  • Be an internal voice for 401(k) processes to offer insights to Product, Design, and Engineering to help build a better product
  • Review applicable risk assessments, policies, procedures, forms, agreements, rules, and regulations; conduct interviews and observe processes; pull and review testing samples; determine compliance; maintain organized records for each review; follow through on findings and management deliverables
  • Maintain compliance and familiarity with the Bank Secrecy Act (BSA)/Anti Money Laundering (AML) Policies, Procedures, and Processes; reporting unusual and suspicious activities to the BSA and/or Compliance Officer, completion of all assigned BSA training.
  • Other duties as may be required

Disclaimer:  The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification.  They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.

Job Specifications

Education:  Bachelor’s Degree required                  

Position Knowledge/Experience:  A minimum of 5 years work experience in defined contribution plan administration including documents and compliance testing.

Skills and Abilities:

  • Experience using compliance software (e.g., ASC, Relius, Datair, FT William)
  • Industry credentials a plus (e.g., QKA, QPA)
  • Must be highly organized, self-starter with ability to handle multiple priorities at once
  • Adaptable and resourceful in a dynamic environment
  • Must have strong verbal and written communication skills
  • Superior judgment, professionalism, poise, ability to maintain the highest level of confidentiality
  • Must be intuitive able to anticipate needs and develop options
  • Demonstrated proficiency in Microsoft Outlook, Word, Power Point, and Excel

How to Apply

email - sjensen@tbank.com


This ad has been viewed 830 times. It expires on 8/29/2018.

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