Job Description

: Retirement Planning- Specialist (Level 3)Overall >2.5 years of financial services operations expertise.Mandatory 12 months of Retirement Services expertise along with knowledge in one or more of following:
\xe2\x80\x8e \xe2\x80\x8e1. Defined Benefits Operations (E.g. - Benefits calculations, Benefits Review), Benefits Calculation for Retirement, Termination, Disability, Death, Divorce, Proficiency in MS Excel, and experience in performing manual calculations . \xe2\x80\x8e2. ERISA Compliance - US Retirement Plan Testing & Reporting experience. Form 5500 responses to auditor questions
\xe2\x80\x8e \xe2\x80\x8e a) Preparing responses to external auditor questions on the data provided to them in the plan\'s year end trust statement and supplemental reports.3. Money In and Loans
\xe2\x80\x8e \xe2\x80\x8e a) Must have experience in handling money in & Loan related activities, i.e., Check processing, contribution, loan initiation, Loan repayments , Reamortization etc.4. Disbursements: Distributions/Disbursements such as Hardship withdrawals, QDRO, RMD, In-service distributions, loans or experience in processing 401K contribution, loan repayments etc.
\xe2\x80\x8e \xe2\x80\x8e\xef\x82\xb7 Industry certifications (ASPPA RPF) will be added advantage\xef\x82\xb7 Data Entry & Quantitative Decision Making\xef\x82\xb7 Regularly displays the concepts of teamwork, accountability, and prioritization.\xef\x82\xb7 Makes decisions within guidelines, balancing risk, and service needs, seeking assistance from manager as necessary\xef\x82\xb7 Understanding of business rules\xef\x82\xb7 Understanding task requirements\xef\x82\xb7 Handling tasks and providing resolution within TAT\xef\x82\xb7 Staying current with knowledge of products/ processes & services offered by the client\xef\x82\xb7 Ensure full adherence to all the quality parameters.\xef\x82\xb7 Ensure 100% adherence to schedule.\xef\x82\xb7 Meet & exceed defined targetsAbout MphasisMphasis applies next-generation technology to help enterprises transform businesses globally. Customer centricity is foundational to Mphasis and is reflected in the Mphasis\xe2\x80\x99 Front2Back\xe2\x84\xa2 Transformation approach. Front2Back\xe2\x84\xa2 uses the exponential power of cloud and cognitive to provide hyper-personalized (C=X2C2TM=1) digital experience to clients and their end customers. Mphasis\xe2\x80\x99 Service Transformation approach helps \xe2\x80\x98shrink the core\xe2\x80\x99 through the application of digital technologies across legacy environments within an enterprise, enabling businesses to stay ahead in a changing world. Mphasis\xe2\x80\x99 core reference architectures and tools, speed and innovation with domain expertise and specialization are key to building strong relationships with marquee clients.Skills:PRIMARY COMPETENCY : Banking And Capital Markets PRIMARY SKILL : RPS (Retirement Plan Services) PRIMARY SKILL PERCENTAGE : 100About Company:Mphasis is a leading IT solutions provider, offering Applications, Business Process Outsourcing (BPO) and Infrastructure services globally through a combination of technology knowhow, domain and process expertise. The accolades we have been garnering can be attributed to our undeterred focus in delivering quality solutions across verticals that meet the challenging requirements of our esteemed customers. We have been recently felicitated by the economic times as the most distinguished digital company 2015. We have also been ranked 29 of 100 largest financial technology vendors by American Banker and BAI in the FinTech Forward Top 100 rankings.

Mphasis