Company:
Hired by Matrix
Location: Jersey City
Closing Date: 04/12/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
At-a-Glance:
Are you ready to build your career by joining a global financial institution? If so, our client is hiring a Retirement Operations Analyst.
Position Type: Contract
Required:
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.
Associate’s or Bachelor’s Degree required.
Preferred/Desired:
1-2 years' experience with Retirement product and services (highly desired)
Knowledge of IRS Contributions and Distribution rules
Excel experience
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
Responsibilities:
Maintains functional knowledge of the brokerage business with an emphasis on retirement account operations.
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, re-characterizations, 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.
Get in Touch:
If you think you'd be a good match, submit your resume and reach out to Naveen at (phone number removed) to learn more.
Are you ready to build your career by joining a global financial institution? If so, our client is hiring a Retirement Operations Analyst.
Position Type: Contract
Required:
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.
Associate’s or Bachelor’s Degree required.
Preferred/Desired:
1-2 years' experience with Retirement product and services (highly desired)
Knowledge of IRS Contributions and Distribution rules
Excel experience
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
Responsibilities:
Maintains functional knowledge of the brokerage business with an emphasis on retirement account operations.
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, re-characterizations, 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.
Get in Touch:
If you think you'd be a good match, submit your resume and reach out to Naveen at (phone number removed) to learn more.
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