RPS Compliance Consultant
Company: Bank of Blue Valley
Posted on: June 10, 2021
Bank of Blue Valley is a growing dynamic organization with many
locations offering uniquely different banking and financial
solutions for businesses and personal clients. As a performance
driven company, we strive to create a culture of excellence with
high standards, and high values while providing outstanding growth
and involvement opportunities for employees. Join a team that makes
"Great Things Happen!"
The Compliance Consultant is responsible for ensuring retirement
plans administered by Heartland Retirement Plan Services remain
current and adhere to all appropriate ERISA, IRS and DOL compliance
procedures, laws and regulations. This role will have the
responsibility of producing quality and compliant compliance
testing and plan documents on an independent basis and have a solid
understanding of Defined Contribution plan design concepts along
with regulatory disclosure requirements. The Compliance Consultant
will also develop working relationships with appropriate internal
and external customers and provide training to other team
PRIMARY & ESSENTIAL RESPONSIBILITIES:
Performs non-discrimination compliance testing including but not
limited to ADP/ACP, Top Heavy, 410(b), 415, and 402(g).
Performs contribution calculation, including new
Reviews and interprets plan agreements, documents and amendments
for current and prospective clients.
Converts new clients to Heartland Retirement Plan Services
documents and provides suggested changes for the plan operation and
new plan document.
Researches plan sponsor and participant inquiries pertaining to
retirement plan compliance and employee benefits law as they
Responds to plan audit requests; works directly with auditors
and sponsors as needed
Reviews processes, procedures and communications and ensures all
compliance processes are documented and procedures are
Maintains up-to date knowledge of present legislation and
proposed legislative changes with regard to ERISA, IRS and DOL law
through self-study and company-sponsored training sessions
Consults directly with internal and external partners on
compliance related issues
Prepares and delivers all required notices and disclosures to
plan sponsors and plan participants.
- Prepares and delivers all plan documents, restatements and
amendments for current and prospective clients.
- Staying current on any continuing education required for job
responsibilities or professional designations.
REQUIRED SKILLS & EXPERIENCE:
Bachelors' degree or equivalent work experience
7-10 years of experience in qualified retirement plans with
direct emphasis on 401(k) and defined contribution plans.
Technical experience in plan design and compliance testing
Experience with ERISA Laws and industry standards and IRS
Employee Plans Compliance Resolution System (EPCRS).
Experience communicating complex plan design provisions to
Proven ability to handle multiple priorities simultaneously with
a high level of accuracy and within tight deadlines
Ability to present complex and technical material to audiences
of all levels.
- Experience working in changing, high growth environments;
comfortable with ambiguity and working in matrixed
QPA, CPC, APA, or similar designation required within two years
Scheduled Weekly Hours:
Keywords: Bank of Blue Valley, Dubuque , RPS Compliance Consultant, Other , Dubuque, Iowa
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