Plan Implementation Consultant

Federated Investors is a world-class investment management company headquartered in Pittsburgh, Pennsylvania. With approximately $250 Billion in assets under management and over 151 different domestic and international equity, fixed-income and money market mutual funds, as well as a variety of separate account options, Federated delivers a diversified product line to financial intermediaries to help them reach a variety of investment goals for their clients. (For additional information about Federated Investors visit www.federatedinvestors.com)

An opportunity currently exists within our Retirement Services department for a Plan Implementation Consultant.

 

 

CAREER OPPORTUNITY #: 5200

POSITION TITLE:   Plan Implementation Consultant

DEPARTMENT:   Federated Retirement Services 

POSITION SPECIFICATIONS:  

-  Bachelors Degree in Accounting, Finance or Business or relevant work experience required

-  Minimum of three years defined contribution experience, including plan administration, record keeping, prototype plan documents, required; Minimum of one year experience converting defined contribution plans

-  General knowledge of products and services available in the defined contribution retirement market required

-  General understanding of applications, markets, and customer requirements required

-  Proficiency in MS office is required

-  Minimum of one year customer service experience preferred

MAJOR DUTIES:

-  Serve as a liason with FasCore to implement all new business

-  Gain a detailed understanding of the FASCore new plan implementation and plan document and amendment processes, including all applicable required documents and forms, timelines, and service standards.

-  Work with key personnel and Federated business areas to ensure that policies and procedures implemented are congruent with the approved FASCore implementation strategy.

-  Coordinate and track the new plan implementation process with our clients and FASCore from initiation through post implementation using approved project management tools and methodologies.

-  Support initial review of new plan enrollment books and coordinate quality control process with FASCore and the Intermediary client.

-  Assemble a cross-functional project team by identifying key members from business areas both inside and outside of Federated, including trustees, brokers, investment advisors, clearing agents, prior service providers, plan sponsors, and payroll vendors as applicable.

-  Work with the Relationship Management Team and other appropriate Federated business areas to acquire, review, and analyze new plan documentation and implementation data.

-  Develop solid working relationships with clients including FASCore, trustees, brokers, investment advisors, plan sponsors, and TPA’s.

-  Assist clients with data collection efforts and explaining the FASCore standard process and file layouts, including discussions with payroll vendors as applicable.

-  Communicate regularly with clients and FASCore on the new plan implementation process, and provide status updates to internal Federated business areas as appropriate.

-  Work with internal Federated business areas and FASCore to ensure ongoing review of new plan implementation and plan document and amendment procedures, with the goal of developing process and service improvements.

HOURS/LOCATION:

-  9:00a.m. -5:00p.m. (Overtime as required)

-  5800 Corporate Drive North Hills

 

EXPLANATORY COMMENTS:

-  Effective interpersonal and communication skills

-  Proficiency and demonstrated experience in record keeping, project management

-  Strong problem solving and analytical skills with particular attention to detail

-  Proven ability to manage multiple tasks and meet deadlines

 

Federated Investors, Inc. offers a competitive salary and benefits package along with a professional environment.

 

For consideration, go to https://careers.federatedinvestors.com and apply to job #5200 (Plan Implementation Consultant).

 

Only those candidates in whom we have an interest will be contacted.

 

EOE