Retirement Plan Processor

Job Description

Job Description

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

Responsibilities

This position is responsible for processing various transactions for retirement plans, including trading responsibilities.

Essential Duties:

• Create and review various retirement plan transactions in the OMNI recordkeeping system
• Troubleshoot transaction rejects
• Review trial postings of transactions prepared by other OMNI processors
• Rotate through various responsibilities in the OMNI Processing Unit (contributions, enrollments, distributions/loans, dividend posting, trust accounting)
• Nightly Trading
• Ensure timely processing of transactions
• Completion of ASPPA’s Retirement Plan Fundamentals courses (RPR)
• Assist with various operational projects as deemed necessary by supervisor/manager
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner

Ancillary Duties:

• As an integral member of the organization, this position is also responsible to provide assistance wherever necessary to help the department and the Company in achieving their goals.

Qualifications

• Two year degree in Accounting or related field required
• Minimum of 1 year Accounting, Payroll, or applicable office experience
• Ability to be highly organized and show an attention to detail
• Well-developed written and oral communication skills
• Ability to prioritize work assignments and multitask
• Display an intermediate level competency with Microsoft Word and Excel, as well as personal computer skills 
• All applicants must be 18 years of age or older