ApTask
Operations Support
ApTask, Jersey City, New Jersey, United States, 07390
About Client:Client is a global financial services firm that provides a wide range of investment banking, securities, wealth management, and investment management services. It is a prominent global financial services firm with a rich history and a strong presence in the financial industry.The Client is committed to corporate responsibility and sustainability. It aims to make a positive impact on society through various initiatives, such as promoting environmental sustainability, supporting diversity and inclusion, and engaging in philanthropic activities.
Rate Range: $20-$25/Hr
Job Description:Top Skills:
Associate's or Bachelor's REQUIRED ***Understanding or familiarity with 590A and 590B; Retirement tax form reporting 1099R/1099Q; 5498/ 5498ESA...IRS publication 590A- is the IRS regulations for IRA contributions.IRS publication 590B- is the IRS regulations for IRA distributions.1099R is the distribution tax form from a Retirement account.1099Q is the distribution tax form from a Coverdell account.5498 is the contribution tax form from a Retirement account.5498ESA is the contribution tax form from a Coverdell account.Preferred:
1-2 years' experience with Retirement product and services (highly desired)Knowledge of IRS Contributions and Distribution rulesExcel experienceA Retirement Operations Analyst is one who maintains functional knowledge of the brokerage business with an emphasis on retirement account operations.Responsibilities:
Customer Request Handling / Problem Resolution / Data Analysis - as assignedPerform different levels of problem resolution & data analysis for all aspects of retirement operations support including: contributions, distributions, processing conversions, recharacterizations, and state withholding reconciliationReconcile activities to ensure transactions are recorded with the proper books and entry codingAssist the management team in developing metrics that demonstrate the progress / completion of retirement inquiry resolutionExecute on customer requests to move money out of retirement accountsUnderstand tax implications of transactions in and out of different retirement account typesResolve retirement account issues and document the resolution processValidate data integrity is maintained in client facing displaysQualification:
Experience with retirement account types desirable, IRS rules, and/or tax reporting obligationsAnalytical thinker, with excellent written and verbal communicationDetail oriented with strong organizational skillsAbility to prioritize multiple tasks, and work against deadlines and objectivesAdaptable to dynamic work environments and prioritiesDemonstrate ownership and sense of urgency in resolving inquiries and issuesProven effectiveness in fast-paced, demanding, client-driven environment.Ability to perform and deliver within tight deadlinesA challenging and inquiring mind
Non-benefitted (other than those mandated under state or federal law).Please note that this position does not include paid time off benefits. ApTask offers subsidized insurance coverage to our employees.
About ApTask:ApTask is a leading global provider of workforce solutions and talent acquisition services, dedicated to shaping the future of work. As an African American-owned and Veteran-certified company, ApTask offers a comprehensive suite of services, including staffing and recruitment solutions, managed services, IT consulting, and project management. With a focus on excellence, collaboration, and innovation, ApTask provides unparalleled opportunities for professional growth and development. As a member of the ApTask team, you will have the chance to connect businesses with top-tier professionals, optimize workforce performance, and drive success across diverse industries. Join us at ApTask and be part of our mission to empower organizations to thrive while fostering a diverse and inclusive work environment.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Candidate Data Collection Disclaimer:At ApTask, we prioritize safeguarding your privacy. As part of our recruitment process, certain Personally Identifiable Information (PII) may be requested by our clients for verification and application purposes. Rest assured, we strictly adhere to confidentiality standards and comply with all relevant data protection laws. Please note that we only collect the necessary information as specified by each client and do not request sensitive details during the initial stages of recruitment.
If you have any concerns or queries about your personal information, please feel free to contact our compliance team at businessexcellence@aptask.com
Rate Range: $20-$25/Hr
Job Description:Top Skills:
Associate's or Bachelor's REQUIRED ***Understanding or familiarity with 590A and 590B; Retirement tax form reporting 1099R/1099Q; 5498/ 5498ESA...IRS publication 590A- is the IRS regulations for IRA contributions.IRS publication 590B- is the IRS regulations for IRA distributions.1099R is the distribution tax form from a Retirement account.1099Q is the distribution tax form from a Coverdell account.5498 is the contribution tax form from a Retirement account.5498ESA is the contribution tax form from a Coverdell account.Preferred:
1-2 years' experience with Retirement product and services (highly desired)Knowledge of IRS Contributions and Distribution rulesExcel experienceA Retirement Operations Analyst is one who maintains functional knowledge of the brokerage business with an emphasis on retirement account operations.Responsibilities:
Customer Request Handling / Problem Resolution / Data Analysis - as assignedPerform different levels of problem resolution & data analysis for all aspects of retirement operations support including: contributions, distributions, processing conversions, recharacterizations, and state withholding reconciliationReconcile activities to ensure transactions are recorded with the proper books and entry codingAssist the management team in developing metrics that demonstrate the progress / completion of retirement inquiry resolutionExecute on customer requests to move money out of retirement accountsUnderstand tax implications of transactions in and out of different retirement account typesResolve retirement account issues and document the resolution processValidate data integrity is maintained in client facing displaysQualification:
Experience with retirement account types desirable, IRS rules, and/or tax reporting obligationsAnalytical thinker, with excellent written and verbal communicationDetail oriented with strong organizational skillsAbility to prioritize multiple tasks, and work against deadlines and objectivesAdaptable to dynamic work environments and prioritiesDemonstrate ownership and sense of urgency in resolving inquiries and issuesProven effectiveness in fast-paced, demanding, client-driven environment.Ability to perform and deliver within tight deadlinesA challenging and inquiring mind
Non-benefitted (other than those mandated under state or federal law).Please note that this position does not include paid time off benefits. ApTask offers subsidized insurance coverage to our employees.
About ApTask:ApTask is a leading global provider of workforce solutions and talent acquisition services, dedicated to shaping the future of work. As an African American-owned and Veteran-certified company, ApTask offers a comprehensive suite of services, including staffing and recruitment solutions, managed services, IT consulting, and project management. With a focus on excellence, collaboration, and innovation, ApTask provides unparalleled opportunities for professional growth and development. As a member of the ApTask team, you will have the chance to connect businesses with top-tier professionals, optimize workforce performance, and drive success across diverse industries. Join us at ApTask and be part of our mission to empower organizations to thrive while fostering a diverse and inclusive work environment.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Candidate Data Collection Disclaimer:At ApTask, we prioritize safeguarding your privacy. As part of our recruitment process, certain Personally Identifiable Information (PII) may be requested by our clients for verification and application purposes. Rest assured, we strictly adhere to confidentiality standards and comply with all relevant data protection laws. Please note that we only collect the necessary information as specified by each client and do not request sensitive details during the initial stages of recruitment.
If you have any concerns or queries about your personal information, please feel free to contact our compliance team at businessexcellence@aptask.com