Loans & Distributions Manager, (TFG)
Core
Lead the Loans and Distributions team to process participant loan and distribution requests accurately and efficiently in compliance with plan documents and regulations.
Role type
Senior team lead for retirement plan loans and distributions
Builds
Retirement plan loan and distribution processing workflows
Domain
Retirement services / Employee benefits
Required skills
Retirement plan loans and distributions expertise, Team leadership and coaching, Regulatory compliance (IRS/DOL), Process improvement, Stakeholder management, Data integrity oversight
Preferred skills
Experience with major recordkeepers (Empower, Voya, John Hancock, Principal, Transamerica), Familiarity with PensionPro/FT William/ERISApedia
Technologies
PensionPro, FT William, ERISApedia, Microsoft Office
Responsibilities
Lead, coach, and develop the Loans and Distributions team; Oversee daily processing of participant loan and distribution requests; Review and approve complex transactions (QDROs, RMDs, hardship withdrawals); Build and maintain relationships with recordkeepers; Develop and maintain operational procedures and internal controls; Stay informed of regulatory developments affecting loans and distributions.
Seniority
Senior, hands-on IC with leadership responsibilities