Deconversion Analyst

Apply Description Company Overview PCS Retirement, LLC, a subsidiary of FSG Parent L.P., is one of the nation's largest independent and conflict-free retirement solution providers in the industry. PCS provides recordkeeping services to 19,000 plans and 850,000 eligible participants representing more than $26 billion in assets under administration. PCS' comprehensive retirement solutions platform includes business development tools for financial advisors, a data-driven recordkeeping technology that supports all types of retirement plans [401(k), 403(b), 457, Cash Balance, Defined Benefit, Non-Qualified], individual retirement accounts (including payroll deduction IRAs), and health savings accounts. At PCS Retirement, we cultivate an environment built on trust, where every team member is empowered to take ownership and contribute to our shared vision. Through collaborative teamwork we foster growth, both personally and professionally, ensuring that together we exceed expectations and achieve remarkable success. To learn more, visit https://www.pcsretirement.com/ Job Summary Coordinate the plan deconversion process for all plans to the requested new recordkeeper. Coordinate all activities with Plan Sponsors, Third Party Administrators, Broker/Agents, and internal groups while making discretionary decisions based on type of request (i.e., liquidation, registration, or transfer in kind) and data required/requested. Manage Plan Sponsor and Advisor relationships and provide superior customer service. Job Responsibilities Creates positive transition experience for the client through conference call consultation and consistent email updates and progress reports. Coordinate with advisors, plan sponsors, prior record keepers and or third-party administrators to determine liquidation date. All communications, proactive and reactive, with clients, advisors, new recordkeepers, brokers, TPAs, custodians, etc. Requesting and coordinating the gathering of deconversion paperwork, while setting client and financial advisor expectations Deconverting and quality checking a plan with zero errors, transferring retirement plan assets including liquidations, in-kind transfers, re-registrations. Preparing and providing final conversion records to new providers. Performing all quality checks including trust reconciliation, verifying participant vesting and creating/correcting statement edits Being proactive with regards to client and financial advisor needs; providing status updates and resolving issues that may jeopardize deadlines. Researching and resolving any outstanding cash or late posted dividends and residuals. In conjunction with Relationship Management team, interfaces with the Plan Sponsor to respond to questions regarding plan conversion issues, systems capabilities, and special processing. Requirements 1-3 years of Conversion/Deconversion experience General knowledge and familiarity qualified retirement plans, understanding plan set up as applicable to daily plan administration Proficient with Relius Recordkeeping Software Excellent communication skills Strong project management skills Reconciliation skills Strong attention to detail Ability to interact with clients to resolve data conversion issues in a win-win manner Ability to work in a team environment Remote Work Information For all virtual remote positions, in order to ensure employees can effectively perform their job duties with no distractions, we require an uninterrupted virtual work space and there is also an expectation of family care being in place during business hours. Additionally, there is an internet work speed requirement of 50 MBps or better for individual use. If more than one person is utilizing the same internet connection in the same household or building, then a stronger connection is required. If you are unsure of your internet speed, please check with your service provider. Please ensure that you are able to meet these expectations before applying. Compensation Information The average salary for this position is expected to be between $48,000 and $60,000/year however, base pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. We do not anticipate candidates to be paid at the top of the range however, from time to time, it may occur on a case-by-case basis. Other rewards and benefits may include: 401(k) match, medical, dental, vision, life insurance, short and long term disability, paid-time off, etc. For more information, please visit pcsretirement.com/careers Additional Information As an employer, PCS believes our success depends on diversity, inclusion, and mutual respect among our team members. We want to look like our customers, and we recruit, develop, and retain the most hardworking people from a diverse candidate pool. We are committed to making all employment decisions based on business need, merit, capability, and equality of opportunity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state, or local protected class.