Plan Document Compliance Senior Lead

The Plan Document Compliance Senior Lead is responsible for ensuring the best interests of institutional clients and internal business partners and in accordance with plan documents and legal requirements. This job reviews plan documents, helps clients resolve complex operational and regulatory compliance issues relating to defined contribution retirement plans and consults with internal business partners and clients on how best to attain plan objectives while maintaining the plans' qualified status. As a recognized thought leader in defined contribution retirement plan document compliance, this job independently analyzes and interprets new laws and regulations to determine client and operational impacts and holds discussions to influence the best strategy to implement changes for clients and impacted internal partners. This job is responsible for delivering consultative services for the most complex plans, which primarily consists of the organization's most influential and highest AUM clients and has a significant impact to the organization's bottom line.

Key Responsibilities and Duties

• Evaluates defined contribution retirement plan documents for internal recordkeeping problems, compliance issues or client concerns.
• Provides new plan setup and review suggestions for plan design and/or administrative enhancements to influence client in using best practices while meeting client objectives.
• Provides comparative analysis of plan provisions and protected benefits for corporate mergers and acquisitions.
• Researches and resolves highly complex operational and regulatory compliance issues arising from both client questions and from internal plan document review activities, using available electronic and hard copy resources.
• Conducts an analysis of options available if an operational error is discovered on the plan and communicates findings, discusses implications and offers alternative courses of action that client may take with internal parties, and/or client and client’s attorneys and other advisors as appropriate.
• Analyzes impact of new regulations and legislation on client plan needs and operational processes and develops a strategy to influence client decisions to align with best practices.
• Maintains highest level of regulatory knowledge and understanding of industry trends and educates team members, business partners and clients regarding legislative and regulatory developments.
• Serves as a lead subject matter expert on defined contribution retirement plan document compliance and represents department in cross-functional and strategic initiatives.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5+ Years Required; 7+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
9IC