Valley National Bank
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IRA Administrator
#25-1112
<sdf-icon _ngcontent-ng-c4503598389514736=”” icon=”location” class=”text-action-primary hydrated” aria-hidden=”true” role=”presentation”></sdf-icon> Clifton, New Jersey, United States
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Expected Work Hours
40
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Job Description
Responsibilities include but are not limited to:
- Open, maintain, and close IRA accounts for clients, following IRS rules and procedures, including handling decedents accounts and calculating Required Mandatory Distributions.
- Process IRA contributions, distributions, rollovers, transfers, and conversions.
- Assist Enterprise Reporting manager with the preparation and filing of the applicable IRS tax forms and reports, such as Form 5498 and Form 1099-R.
- Answer client inquiries and provide information on IRA rules.
- Stay updated on IRA regulations, policies, and best practices, and attend training sessions as required. Provides guidance on regulations to branch personnel.
- Assist with various projects as needed.
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Requirements
Required Skills:
- Knowledge of IRA rules, regulations, and products, such as traditional, Roth, SEP, and SIMPLE IRAs.
- Intermediate knowledge of Microsoft Office applications (i.e., Word, Excel, and Outlook).
- Excellent verbal and written communication skills.
- Ability to prioritize and organize assignments.
- Ability to work independently and as part of a team.
- Ability to handle multiple tasks and prioritize deadlines.
Required experience:
- High School Diploma or GED.
- Minimum of 3 years of financial services experience with one year of experience in IRA administration.
Preferred Experience:
- Associate’s or Bachelor’s degree in accounting, finance or related field.
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Full-time/Part-time
Full-time
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FLSA
Non-exempt
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Location(s).
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925 Allwood Rd, Clifton, New Jersey 07012, United States
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Total Rewards Summary
We provide a comprehensive and competitive total rewards package including base salary determined by factors such as the role, relevant experience, skill set, and geographical location. Eligible positions may also be eligible to receive commission-based compensation and/or discretionary incentive compensation, which may be awarded as cash or forfeitable equity, recognizing individual performance and contributions.
In addition to financial compensation, we offer a robust suite of benefits tailored to meet diverse employee needs based on eligibility criteria. These include comprehensive health care and insurance plans, retirement savings options, tuition and adoption reimbursement programs, paid time off, mental health support, and other valuable benefits programs. Further details regarding total compensation and benefits will be shared during the hiring process.
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Job Details
Pay Range <sdf-tooltip _ngcontent-ng-c4503598389514736=”” attachmentpoint=”right”><sdf-icon _ngcontent-ng-c4503598389514736=”” slot=”tooltip-target” icon=”action-help” class=”left-sm-spacer hydrated” aria-hidden=”true” role=”presentation”></sdf-icon>Pay Range
The estimated pay range for this job. Disclosing pay information promotes competitive and equitable pay.
The actual pay rate will depend on the person’s qualifications and experience.
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$20.10 – $33.37 / hour</cx-job-details-section>
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Pay Transparency
In order to support the Fair Compensation Strategy by the US Govt., HR Dept., clients are required to adhere to “Pay Transparency Law”; in the impacted states; that have mandated the employers to list the salary ranges in Job advertisements or postings for job opportunities and Job promotions.
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Valley National Bank is an Equal Opportunity / Affirmative Action Employer. All qualified applicants are encouraged to apply, and will be considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, or other legally protected characteristics, and will not be discriminated against on the basis of disability.
To help us track our recruitment effort, please indicate in your cover/motivation letter where (usajobvacancies.com) you saw this job posting.