Distribution Specialist

Posted 16hrs ago

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Job Description

Entry-level Distribution Specialist processing retirement plan loans and distributions for Nova 401(k) Associates. Supporting participants, plan sponsors, and advisors from home.

Responsibilities:

  • Process retirement plan loan and distribution requests
  • Communicate request information to participants and plan sponsors
  • Prepare distribution and loan packages from start to finish, including vesting verifications for daily recordkept plans
  • Identify loan defaults and required minimum distributions (RMDs) from online or plan sponsor reports
  • Assist participants, clients, and/or financial advisors with distribution and loan issues and inquiries
  • Update account managers, management, and plan sponsors on requests and progress
  • Serve as backup for the Nova participant services line
  • Interpret plan documents regarding distributions and loans
  • Serve as backup for data entry
  • Continue training on loan, distribution, and other 401(k) issues
  • Remain up to date on Nova's cybersecurity procedures and training
  • Establish working relationships with vendors and plan sponsors
  • Perform other related duties as required

Requirements:

  • Bachelor’s degree
  • Ability to establish priorities, work independently, and proceed with objectives without supervision
  • Superior organizational and coordination skills
  • Flexibility, adaptability, and ability to multi-task
  • Coachable and committed to professional development
  • Must work from USA and be authorized to work for any US employer
  • Bilingual speaking is a plus
  • Knowledge of Corbel Documents & Pension Pro is a plus
  • Experience in the retirement industry is a plus
  • Industry experience is not required

Benefits:

  • Paid training
  • Necessary computer equipment supplied
  • Work from home
  • Pursue and attain NIPA's Distribution Administrator and Loan Administrator certificates