U.S. Pension Payroll Paymaster and Compliance Director
Core
Manage end-to-end pension payroll administration for multiple client defined benefit (DB) plans, ensuring accurate, timely, and fully compliant benefit disbursements in a fiduciary-sensitive environment.
Role type
Senior IC pension paymaster and compliance director
Builds
Monthly annuities, lump sums, death benefits, retroactive adjustments, and regulatory-driven payments (RMDs) for multi-client DB plans
Domain
US Retirement Benefits & Pension Administration
Required skills
Pension payroll administration, Defined benefit plan processing, ERISA compliance, IRS regulations, 1099-R reporting, Tax withholding, Multi-client management, Audit support, Reconciliation, Risk management
Preferred skills
SOC 1 audit support, TPA environment experience, Pension administration platforms (PeopleSoft), Professional certifications (CPP, CEBS), Trust/custodial partner collaboration
Technologies
PeopleSoft Pension, Proprietary TPA systems, Payroll systems
Responsibilities
Administer and process pension payroll for multiple DB plans with varying provisions; Execute recurring and non-recurring payments including annuities, lump sums, and death benefits; Validate benefit calculations and payment outputs; Coordinate funding and disbursement timing with trustees and custodians; Ensure full compliance with ERISA, IRS regulations, and plan provisions; Oversee accurate Form 1099-R processing and tax reporting; Execute and maintain SOC 1 control activities; Manage complex transactions including QDROs and beneficiary payments; Support internal and external audits and control testing.
Seniority
Senior, hands-on IC