Recordkeeping Specialist (Bilingual in Spanish)

Job Details

Description

Are you looking for a career opportunity that allows you to grow your expertise in retirement plan administration?

At Security National Bank, if there is one belief we hold together as a team, it’s that everything matters. From the words we say, to the way we dress, to the decisions we make and the actions we take – every single thing we do matters. Why? Because we recognize the inherent value of each individual, and the potential of what each person can become. We realize every one of life’s interactions is an opportunity to help someone reach that potential. This is why we treat even the smallest details of life and banking with careful thought and attention. If you aspire to do the same, we’d like you to advance your career with us at SNB.

Job Description

The Recordkeeping Specialist is responsible for the daily maintenance of the Employee Benefits (Retirement Accounts) recordkeeping system within the Wealth Management division. In collaboration with the investment management team, the recordkeeping specialist will assist in all phases of routine account administration.

• Process distributions from retirement accounts through: sending and receiving paperwork; verifying vested balances and signatures; monitoring balances for force out eligibility.
• Annually process all required distributions based on age requirements and eligibility.
• Serve as back up to all Recordkeeping desks primarily Distribution and Trading Desks.
• Assist with the verification of participants by plan in order to complete annual compliance testing and preparation of the 5500 form.
• Answer client inquiries from the internal recorded phone line and process transfer requests along with the follow-up documentation.
• Perform audit on 1099Rs generated versus distribution reporting.
• Monitor and resolve outstanding checks for distributions on a monthly basis.
• Work with more complex plans and special projects as assigned.
  
  

Education And Experience

• High school diploma or equivalent
• 2 years office experience
• Fluent written and spoken communication skills in English and Spanish languages
• Accuracy and meticulous attention to detail required
• Excellent oral, written, and interpersonal communication skills
• Ability to navigate multiple computer systems and programs with working knowledge of Word and Excel
• Ability to manage multiple requests simultaneously, meet deadlines, and show flexibility to change direction when needed
• Team-oriented and the ability to work collaboratively across all levels of the organization
• Service-oriented, polite, and respectful
• Advanced problem-solving and analytical skills
• Ability to take direction and instruction and follow through independently until project completion
  
  

Hours

Monday through Friday 8am to 5pm.

Benefits

We offer a comprehensive benefit package to our employees including medical, dental, short and long term disability, life insurance, paid time off, a wellness program, and a 401(k) savings plan at hire for future financial protection.

About Security National Bank

Security National Bank was chartered in 1884 in Sioux City, Iowa; founded on the time-tested principles of integrity, honor, open-mindedness, efficiency, good humor, respect, duty, and human connection. These principles served as guideposts that enabled SNB to withstand the economic panic of the late 1800s, the Great Depression, two World Wars, and the farm crisis — and emerge as the region’s most established and trustworthy locally owned bank. We believe what was worth doing well yesterday is still worth doing well today. People change and banking changes, but our time-tested principles remain. To this day, we believe that doing what’s right is the only way to take care of customers, empower businesses, cultivate growth, inspire our community, and accomplish the remarkable.

Security National Bank is an Equal Opportunity, Affirmative Action Employer. Applicants are considered for all positions without regard to race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, disability, marital status, or veteran status.

Learn More

https://www.snbonline.com/about/employment-opportunities

LOCATION:

Sioux City, IA

Main Bank