Charles Schwab

ERISA Retirement Plans Manager

Charles Schwab • $75K — $95K *
El Paso, TX 79936In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 4-7 years in qualified retirement plan industry with ERISA Compliance testing experience
  • Thorough knowledge of IRS & DOL regulations and complex non-discrimination testing
  • Strong problem-solving, verbal, and written communication skills
  • High proficiency in Microsoft Excel and ability to meet strict deadlines
  • Demonstrated project leadership abilities

Responsibilities

  • Prepare various compliance tests, including ADP/ACP and Top Heavy testing
  • Serve as a primary liaison for complex ERISA Compliance issues with clients and consultants
  • Assist clients in preparing allocations of employer contributions
  • Collaborate with Relationship Management on high-level client issues and auditor requests
  • Act as direct contact for plan sponsors and auditors to enhance client retention
  • Lead initiatives to develop and implement training programs
  • Provide mentorship and peer review for less experienced staff

Benefits

  • Eligibility for bonus or incentive opportunities
  • In-office collaboration with a strong emphasis on teamwork
  • Commitment to employee financial fitness and professional growth
  • Opportunity to lead and improve training programs
  • Engagement with complex and challenging retirement plan issues
Full Job Description

We believe in the importance of in-office collaboration and fully intend for the selected candidate for this role to work on site in the specified location(s).

 

Schwab Retirement Plan Services provides third party recordkeeping and retirement plan administration to midsized and large employers nationwide. Schwab believes that the provider matters, and we are committed to the financial fitness of all participants and clients. We assist plan sponsors to ensure that the plans are operated in accordance with the Internal Revenue Code and ERISA, following the IRS and DOL regulations and the plan provisions.

 

What you are good at: 

  • Preparing ADP/ACP testing, Top Heavy testing, Coverage testing, 401(a)(4) Nondiscrimination testing, Form 5500 and Form 8955-SSA within the statutory timelines established by the code.
  • Performing tests on the largest\most complex plans, and functioning as a primary liaison with ERISA Consulting, external clients and Relationship Managers for more complex ERISA Compliance testing issues
  • Assisting clients with preparation of allocations of employer contributions and specialized testing.
  • Partnering closely with Relationship Management and other teams to assist with higher level client issues and to assist with external auditor requests.
  • Serving as direct contact with plan sponsors and their external auditors to add value and retain clients.
  • Leading efforts to improve, develop, implement training programs and procedures.
  • Serving as a resource for less experienced staff and complete peer review of assigned work.
  • Taking on additional project leadership responsibilities.

 

What you have

To ensure that we fulfill our promise of "challenging the status quo," this role has specific qualifications that successful candidates should have. 

 

Required Qualifications: 

  • 4-7 years in the qualified retirement plan industry, with significant direct experience in providing ERISA Compliance testing and reporting services
  • Thorough knowledge of the IRS & DOL Code and Regulations, and experience with complex non-discrimination testing, including 401(a)(4), 410(b), and 414(s).
  • Excellent problem-solving skills, strong verbal and written communication skills, high comfort level with Microsoft Excel, and ability to meet stringent deadlines
  • Project Leadership 

Preferred Qualifications:

  • Bachelor’s degree in Accounting, Math or Finance
  • ASPPA QKA, QPA or CPC Designation
  • Experience with Actuarial Systems Corporation (ASC) Testing\5500 software

In addition to the salary range, this role is eligible for bonus or incentive opportunities.

About Charles Schwab

Charles Schwab is a financial services company that provides a full range of securities, brokerage, banking, money management, financial advisory, investor, and retirement plan services. It operates in four main divisions; investing, wealth management, banking, and trading. Charles Schwab provides a full-service brokerage platform that serves individual investors who invest on their own or through a workplace-sponsored retirement or equity plan, as well as banking through Schwab Bank. The firm was founded in 1973 and is headquartered in San Francisco, California.

Charles Schwab Careers

Join the vibrant team at Charles Schwab, a leader in global finance, where your career is propelled by innovation, leadership, and a commitment to diversity and professional growth. At Charles Schwab, we offer more than just job opportunities; we provide a platform for you to make a significant impact on the industry and our clients' lives.

Work You’ll Do

At Charles Schwab, we are dedicated to helping our clients manage their financial futures. Being part of our team means you'll work alongside some of the most skilled professionals in the financial services industry. Our culture thrives on teamwork, integrity, and relentless dedication to our clients. Whether you're looking for a position in financial consulting, technology, or administrative support, Charles Schwab offers a dynamic work environment where your skills will be honed and your achievements recognized.

Innovate and Lead

Embrace the opportunity to lead through innovation. Charles Schwab’s commitment to technology and innovation is fundamental to our service delivery. By joining our team, you will be at the forefront of developing new solutions that redefine the future of finance. Your leadership can guide significant projects that impact our company and the industry.

Grow Your Career

Charles Schwab believes in fostering the growth of its employees. Whether through professional development programs, diversity training, or leadership workshops, we ensure that our team members receive the support and training they need to advance their careers. With a variety of career paths available, your job at Schwab can evolve with your interests and expertise.

Internship and Employment Opportunities

Start your professional journey with Charles Schwab through our internship programs or full-time employment opportunities. We seek individuals who are passionate, curious, and ready to drive change. A career at Schwab is not just about having a job; it's about building a lasting relationship with a company that values your potential.

Benefits and Culture

Charles Schwab is renowned for its employee-friendly culture. We offer a comprehensive benefits package that supports the health, financial stability, and work-life balance of our team members. From competitive salaries and bonuses to health insurance and retirement plans, Schwab ensures that your career is as rewarding as it is enriching.

Networking and Professional Development

Expand your professional network and enhance your skills through our various networking events, mentorship programs, and training sessions. At Charles Schwab, we believe in leveraging collective expertise to foster learning and innovation. Engage with leaders, gain insights from experienced professionals, and build relationships that will aid your career trajectory.

Join Our Team

Explore the numerous career paths available at Charles Schwab and discover how your talents can be utilized to their fullest potential. Search open positions that match your skills and interests. We are continuously hiring across various disciplines and look forward to adding innovative, driven individuals to our team.

Stay Connected

Keep up to date with the latest from Charles Schwab Careers by subscribing to our job alert emails. Tailor your subscription to receive updates that align with your career preferences and be the first to know about new openings, company news, and professional tips.

Explore Charles Schwab Jobs

Ready to take the next step in your career? Visit our careers page to review current job openings, submit your resume, and prepare for your interview. At Charles Schwab, your future is waiting. [SEARCH CHARLES SCHWAB JOBS] Join Charles Schwab today and be part of a team that values diversity, innovation, and leadership—where your career can thrive in the exciting world of finance.
Learn more about Charles Schwab
Size
34,200 employees
Market Cap
$151.6 billion
Industry
Finance & Insurance
Net Income
$3.2 billion
Founded
1973
5 Year Trend
+20%
Revenue
$12.1 billion
NASDAQ
SCHW
* Ladders Estimates

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