Retirement Operations Analyst at US Tech Solutions, Inc.

Duration: 12 + Months contract

Job Description:

** Hybrid: Monday and Friday - WFH; Tuesday, Wednesday, and Thursday in office Shift: 8:30 - 5:30 w/ 1 hour lunch Shift (UT): 6:30 - 3:30 MT (still supporting ET time zone)

Top Skills:

Associate’s or Bachelor’s Degree 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.

Preferred/Desired

· 1-2 years' experience with Retirement product and services

· Knowledge of IRS Contributions and Distribution rules

· Understanding or familiarity of 590A and 590B; Retirement tax form reporting 1099R/1099Q; 5498/ 5498ESA.

· Excel experience

A Retirement Operations Analyst is one who maintains functional knowledge of the brokerage business with an emphasis on retirement account operations.

Responsibilities:

· Perform different levels of problem resolution & data analysis for all aspects of retirement operations support including: contributions, distributions, processing conversions, recharacterizations, 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

Experience:

Associate’s or Bachelor’s Degree Understanding or familiarity with 590A and 590B; Retirement tax form reporting 1099R/1099Q; 5498/ 5498ESA... Preferred/Desired

· 1-2 years' experience with Retirement product and services

· Knowledge of IRS Contributions and Distribution rules

· Understanding or familiarity of 590A and 590B; Retirement tax form reporting 1099R/1099Q; 5498/ 5498ESA.

· Excel experience

Skills:

· 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

Education:

· Associate’s or Bachelor’s Degree