Retirement Plan Administrator II Job at NBT Bank, Glens Falls, Warren County, NY

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  • NBT Bank
  • Glens Falls, Warren County, NY

Job Description

Complex Retirement Benefit Plan Administrator

Pay Range: $73,536.00 - $98,010.00

Responsible for the administration of complex retirement benefit plans and trust accounts. Advises clients concerning administration of their accounts. Prepares and submits required government reports. Keeps informed on new developments, policies and laws concerning retirement plan benefits, planning and administration. Participates in the development of new business from existing or prospective customers.

Education and Experience:

Bachelor's Degree or equivalent education and experience

5-7 years experience in a Financial Services industry CRSP Certification

Skills and Abilities:

Proficient PC skills with experience in Excel, Word, PowerPoint

Strong verbal and written communication skills

Knowledge of various retirement plan vehicles

Knowledge of various investment vehicles

Ability to develop and deliver quality business proposals

Unique Job Characteristics and Requirements:

Ability to begin CRSP certification program within 18 months of date of hire, if not certified on date of hire

Tasks Performed:

35% Perform all administration duties required for effective service delivery for assigned plans.

15% Analyze and interpret more complex documents including all IRA documents, standardized and non standardized prototype defined contribution documents, individually designed plan documents and trust agreements.

15% Initiate, follow and complete EPIC conversion package to successfully convert new daily valued 401k plans to NBT's platform.

15% Participate in new business development.

15% Remain current on mutual fund offerings and QMR due diligence process. Conduct effective participant education and enrollment meetings.

5% Other duties as assigned.

Physical Requirements:

Communicate effectively with internal and/or external customers

Stationary 75% of time or greater

Move Objects to Maximum 10 lbs

Why Work at NBT

At NBT we empower people to grow, innovate, and thrive through meaningful work, a supportive culture and opportunities to make a real impact in your community because your success drives our success.

Wellbeing

At NBT, we value and support your wellbeing by offering generous time-off policies, wellness initiatives and flexible work arrangements, so you can thrive both personally and professionally.

Community Involvement

NBT believes community involvement fosters our success and the success of those around us. Through volunteer service and charitable partnerships, we empower our employees to make a positive impact beyond the workplace.

Culture

NBT believes in creating a workplace where every voice matters and every team member feels empowered to contribute. With supportive leadership, we foster an environment where employees are connected, inspired, and valued.

Career Development

Whether you're just starting your career or serve in a senior leadership role, your growth and development are our priority. NBT provides a wide variety of development programs and tools for you to reach your full potential.

Total Rewards

NBT recognizes and rewards your contributions with competitive compensation, comprehensive benefits and performance-based incentives ensuring you feel valued every step of the way.

Business Stability

NBT has built a reputation as a stable financial institution by growing our people and our business, evolving our processes and managing risk. We've weathered the market's ups and downs for over 165 years, all while charting a well-defined growth plan.

Benefits for Full-Time Employees:

  • Generous Paid Time Off: At least 22 days annually, prorated in the year of hire.

  • Parental Leave: Six weeks of paid leave at 100% of your salary.

  • Comprehensive Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.

  • Dental and Vision Coverage: Ensuring your overall health and well-being.

  • Flexible Spending Accounts: For healthcare and dependent care expenses.

  • Employer-Paid Disability Coverage: Both short-term and long-term, with an option to purchase additional long-term coverage.

  • Life Insurance: Employer-paid basic life insurance, with an option to purchase supplemental coverage.

  • Voluntary Benefits: Including hospital, accident, and critical illness coverage.

  • Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan to help secure your future.

  • Adoption Assistance: Supporting your growing family.

  • Tuition Reimbursement: Invest in your education and career growth.

  • Employee Assistance Program (EAP): Access to support and resources.

  • Pet Insurance: For all your furry friends.

  • Financial and Banking Services: Various banking services benefits and financial planning assistance.

Benefits for Part-Time Employees Working 20+ Hours/Week:

  • Medical Coverage: Includes employer contributions to HSA for High Deductible Health Plan participants.

  • Dental and Vision Coverage: Ensuring your overall health and well-being.

  • Voluntary Benefits: Including hospital, accident, and critical illness coverage.

  • Generous Parental Leave: Six weeks of paid leave at 100% of your salary.

Benefits for All Part-Time Employees:

  • Retirement Plans: Benefit from a 401(k) plan with employer matching, an optional Roth 401(k), and a pension plan for employees who work at least 1,000 hours in a calendar year, all designed to help secure your future

  • Paid Sick and Safe Leave: For your health and safety.

  • Employee Assistance Program (EAP): Access to support and resources.

  • Financial and Banking Services: Various banking services benefits and financial planning assistance.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time.

NBT Bank

Job Tags

Full time, Temporary work, Part time, Work visa, Flexible hours,

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