Manager - Compliance

Job Title : Manager - Compliance

Position Type: Full Time

Location: Hyderabad

Experience: 12 - 20 years

About Ascensus:

We are the largest independent recordkeeping services partner, third-party administrator, and government and health savings facilitator in the United States.1 We're also one of the savings plan industry's leading providers of outsourced services. Our combination of purpose-built technology and deep expertise enables our partners to deliver industry-leading solutions that help people save for what matters: retirement, education, and healthcare. We support qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions, banks, credit unions, and advisors.

About Ascensus (India) - We have great growth strategy and looking forward to development and achieve organization objectives. We are setting an Operations in Hyderabad and looking at growth prospects. We have loans and distributions, Compliance (DC) and Defined Benefit Process in India currently. We are also looking to grow in other departments as well.

Roles & Responsibility:

- Monitor receipt of Census information to completion of Compliance Tests, Trust Accounting and Form 5500 reporting and being delivered to client on a timely basis.

- Experience in retirement plan recordkeeping/administration with knowledge of IRS and Department of Labor.

- Lead the design and delivery of a portfolio of Compliance tests to monitor compliance with Regulation and internal policy

- Expert knowledge of Compliance Testing, Trust Accounting and Form 5500 of 401K plans and administration.

- Preferably ASPPA certified or equivalent.

- Conducting test checks/ testing reviews - Quarterly/Semi-annual / Annual basis

- Proven leadership, management, and direct supervisory skills.

- High level written and verbal communication and presentation skills.

- Develop SLAs, lead process development and improvement

- Understanding root cause / identifying control breaks

- Implementation and Organizational Change Management skills

Education and experience:

- Graduate / Postgraduate in Finance/Accounting background

- Proven track record of working effectively in flexible work environment in a result-oriented approach

Skill Requirement:

- Should have communication skills, Problem solving and analytical skills

- Basic MS Office knowledge and preference to good working knowledge of Excel

- Must be able to adapt the assignments quickly

- Flexibility in work culture (She/he should be flexible in Day/Night shift based on business requirement)

- Good Knowledge in Reconciliation concepts