Job Application for Team Leader at Nova 401(k) Associates

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Nova 401(k) Associates is seeking an experienced leader to head our Annual Distributions Team, a pivotal role in our organization. As the Annual Distributions Team Leader, you will be at the forefront of ensuring we meet regulatory deadlines for processing required distributions while managing the department's operations effectively.

To excel in this role, you must possess a superior working knowledge of ERISA. Your expertise should encompass a wide array of distribution requests including required minimum distributions (RMD)s, involuntary distributions, corrective distributions and loan defaults. In addition, you should demonstrate the ability to comprehend and interpret upcoming regulations that impact the retirement industry.

Your role will also involve identifying and addressing escalated issues, providing mentorship and guidance to staff, and working with other departments at Nova, including our automation department, to develop and implement enhancements to our existing processes.

If you are ready to take on a leadership role that combines your experience, passion for ERISA, and dedication to professional development, we want to hear from you. Join our team and make a meaningful impact in the world of retirement plan distribution.

Job Responsibilities:

Manage 8-10 staff members
Champion Nova 401(k) Associates values and policies
Ensure client and participant satisfaction throughout the distribution process
Manage the team to meet Nova's overall service standards and regulatory deadlines
Monitor team productivity through daily report generation
Develop reports for senior management
Assist in training and mentoring of junior staff members throughout the year
Manage daily inflow and outflow of annual distribution requests
Improve existing processes and assist in developing new processes as needed
Keep current with new regulations and proposed legislation as well as an awareness of proposed legislation surrounding loans and distributions
Perform other related duties as required
Complete performance reviews in a timely manner
Attend Nova’s leadership & development training in Houston (or other location)

Qualifications:

Bachelor’s degree required
A minimum of five years of management experience in a fast-paced & high-volume environment
Relevant industry experience processing or reviewing 401(k) loans/distributions
Comfortable working online
Excellent written and verbal communication skills and customer service skills
Ability to maintain confidential information
Superior organizational skills
Proficiency with MS Excel and MS Word
Flexibility, adaptability, and ability to multi-task
Clean background check
ASPPA/NIPA industry credentials a plus

Compensation and Benefits:

Base Salary $90,000-$115,000
Salaried, non-exempt
Medical, dental, disability, and life insurance
Paid time off
401(k) plan with employer match

Work Location/Hours:

Work from home
Must work from USA and be authorized to work for any US employer
We will supply all necessary computer equipment
You may choose a start time between 7:30 am and 8:30 am

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I hereby certify that all statements made in this application are true and correct to the best of my knowledge and belief. I understand that any misrepresentations or omissions of facts in this application are grounds for disqualification from further consideration or for dismissal from employment. I authorize the company to inquire into my educational, professional and past employment history references as needed to research my qualifications for this position. If employed, I agree to conform to the rules, regulations and policies of the company. I understand that I will be an employee “at will” and either the company or I may terminate my employment relationship at any time for any reason not in violation of law. I hereby acknowledge that I have read and fully understand the forgoing and seek employment under these conditions. *

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Team Leader

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