Job added in hotlist
Applied job
Contract job
90-day-old-job
part-time-job
Recruiter job
Employer job
Expanded search
Apply online not available
View more jobs in Owings Mills, MD
View more jobs in Maryland

Job Details

Plan Compliance Consultant

Company name
T. Rowe Price Group, Inc.

Location
Owings Mills, MD

Apply for this job






10 hit(s)  

Profile

Our mission as a leading investment management firm is to help our clients achieve their long-term financial goals. We believe our associates are the key to this mission and we are always looking for talented individuals who share our commitment to our client’s success.

If you’re looking for challenging work experiences and the ability to learn in a collaborative culture, we invite you to explore the opportunities available at T. Rowe Price.

PRIMARY PURPOSE OF THE POSITION

To ensure the best interests of Retirement Plan Services clients and in accordance with plan documents and legal requirements, the Plan Compliance Consultant consults with small market clients and associates on how best to attain plan objectives while maintaining the plans’ qualified status, reviews plan documents, and helps clients resolve medium to low complexity operational and regulatory compliance issues relating to qualified and nonqualified plans. The incumbent, occasionally in conjunction with the Sr. Plan Compliance Consultant, analyzes and interprets new laws and regulations to determine impacts on RPS plans and holds discussions with RPS clients to influence the best strategy to implement changes for clients and impacted internal partners. The incumbent will be responsible for delivering consultative services across their client base.

PRINCIPAL RESPONSIBILITIES

Continually educates self to increase regulatory knowledge and understanding of industry trends. Analyzes impact of new regulations and legislation on client needs and RPS services and develops a strategy to influence client decisions to align with best practices. Educates clients and RPS associates regarding legislative and regulatory developments. Conducts Internal training as needed.

Researches and resolves complex operational and regulatory compliance issues arising from both client questions and from internal activities, using available electronic and hardcopy resources. When applicable, conducts an analysis of options available under the Employee Plans Compliance Resolution System if there has been an operational error discovered on the plan. Communicates findings to client, internal parties, and client’s attorneys and other advisors. Discusses implications and offers alternative courses of action that client may take. Prepares for and participates in client related meetings, both internal and external. Analyzes and discusses legal implications of test results with client and internal parties. Provides strategic alternatives for correction of failed tests, and presents options to improve future nondiscrimination test results.

Evaluates plan documents and administrative forms for compliance issues, internal recordkeeping problems or client concerns. Coincident with implementation of new plans, provides suggestions for plan design and/or administrative enhancements to influence client in using best practices while meeting client objectives. Coincident with corporate mergers and acquisitions, provides comparative analysis of plan provisions and protected benefits. Reviews plan design on an ongoing basis to ensure that the client’s objectives continue to be met in view of rapidly changing legislation and regulatory guidance and changes in the workforce. Participates in the RPS sales process.

Serves as a subject matter expert on RPS cross functional taskforces and committees. Conducts internal training as needed. Responds to internal and external inquiries sent to the compliance services email box.

QUALIFICATIONS

Required

Excellent written and verbal communications skills

Qualified 401(k) Administrator (QKA) designation from the American Society of Pension Professional and Actuaries (ASPPA) or equivalent professional designation

Broad knowledge of plan documentation and plan testing concepts and practices for 401k, profit sharing, 403(b), ESOP, Puerto Rico and 457 plans.

Knowledge of the laws and regulations affecting plan design and plan documents, including but not limited to ERISA, TRA 86 & 97, SBJPA/ GUST and EGTRRA.

College degree and 1 years of related work experience, or Associate degree and 3 years related work experience, or High School diploma/equivalent and 5 years related work experience

Preferred

Bachelor’s degree with at least 5 years of experience in compliance, legal, or investment related field

#LI-BG

T. Rowe Price is an Equal Opportunity Employer

Company info

T. Rowe Price Group, Inc.
Website : http://corporate.troweprice.com

Company Profile
Founded in 1937 by Thomas Rowe Price Jr.Managing $692.4 billion in assets* (as of December 31, 2013) Serving individuals, financial intermediaries and institutions Offering a full range of investment strategies Independent company with considerable employee ownership Headquartered in Baltimore, Maryland, with offices in 12 countries around the world Employing over 5,600 associates

Similar Jobs:
Plan Compliance Consultant
location Owings Mills, MD
Plan Compliance Consultant Sub Sector: Risk & Performance / Pension Risk Type: Regulatory/Compliance Expertise: Regulatory/Compliance Our mission as a leading investment management firm is to help our clients achieve their long-te...
Retirement Products & Services Compliance Officer Sector: Asset Management Risk Type: Regulatory/Compliance Expertise: Regulatory/Compliance Our mission as a leading investment management firm is to help our clients achieve their ...
Plan Compliance Consultant
location Owings Mills, MD
Plan Compliance Consultant Sub Sector: Risk & Performance / Pension Risk Type: Regulatory/Compliance Expertise: Regulatory/Compliance Our mission as a leading investment management firm is to help our clients achieve their long-te...
The number of jobs listed on EmploymentCrossing is great. I appreciate the efforts that are taken to ensure the accuracy and validity of all jobs.
Richard S - Baltimore, MD
  • All we do is research jobs.
  • Our team of researchers, programmers, and analysts find you jobs from over 1,000 career pages and other sources
  • Our members get more interviews and jobs than people who use "public job boards"
Shoot for the moon. Even if you miss it, you will land among the stars.
ComplianceCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
ComplianceCrossing is the first job consolidation service in the employment industry to seek to include every job that exists in the world.
Copyright © 2018 ComplianceCrossing - All rights reserved. 21