Distributions Analyst

Company Overview

PCS Retirement, LLC, a subsidiary of FSG Parent L.P., is one of the nation's largest independent and conflict-free retirement solution providers in the industry. PCS provides recordkeeping services to 19,000 plans and 850,000 eligible participants representing more than $26 billion in assets under administration. PCS' comprehensive retirement solutions platform includes business development tools for financial advisors, a data-driven recordkeeping technology that supports all types of retirement plans [401(k), 403(b), 457, Cash Balance, Defined Benefit, Non-Qualified], individual retirement accounts (including payroll deduction IRAs), and health savings accounts.

At PCS Retirement, we cultivate an environment built on trust, where every team member is empowered to take ownership and contribute to our shared vision. Through collaborative teamwork we foster growth, both personally and professionally, ensuring that together we exceed expectations and achieve remarkable success.

To learn more, visit https://www.pcsretirement.com/

Job Summary

The Distribution Analyst II supports the daily operations of the distributions team in accordance with FSG internal regulations along with SEC and IRS guidelines. This role will act as a training resource for all entry level Distribution Analysts. The level II Analyst will conduct quality assurance for the work completed by level I team members and the offshore team.

Job Responsibilities

• Responsible for reviewing and approving & quality assurance of level one Analysts   transactions.
• Provides trainings for level one Analysts responsibilities.
• Acts as second in command to Distributions Team Lead in their absence.
• Accurately processes various distribution types including loans and excess contribution transactions without errors
• Performs quality reviews of all transactions processed to verify accuracy.
• Reviews and prepares manual investment transactions to effect timely disbursement of monies.
• Evaluates, approves, and processes retirement account requests received from clients.
• Takes ownership of account related issues by researching historical activity, interacts with various vendors, internal or external partners.
• Promptly follows up with partners via phone calls or email as needed.
• Monitors the department email boxes, workflow queues and Salesforce cases.
• Enhances client experience by providing feedback regarding improvements to streamline existing processes and/or increase department efficiency.
• Has working knowledge of IRS rules regarding retirement accounts and tax codes via ongoing training courses, IRS publications, or other reference material.
• Complete other duties and projects as assigned