Entry Level Distribution Specialist at Nova 401(k)… · Houston

Summary: Nova 401(k) Associates is a firm that provides 3(16) fiduciary services for qualified retirement plans. They are looking for a Distribution Specialist to handle requests for loans and distributions, assist participants and plan sponsors, and ensure accurate communication regarding these tasks. Responsibilities: - Prepare distribution and loan packages from start to finish, including vesting verifications for daily recordkept plans - Identify loan defaults and MRD from reports online or provided by plan sponsors - Assist participants, clients, and/or financial advisors with distribution and loan issues/inquiries - Update account managers, management, and plan sponsors as necessary on requests and progress - Serve as backup for answering the AFS participant services line - Possess a general understanding and interpretation of plan documents regarding distributions and loans - Serve as a backup for data entry - Continue training on loan, distribution, and other 401k issues - Pursue and attain NIPA's Distribution Administrator and Loan Administrator certificates - Remain up to date on AFS' Cyber security procedures and training - Establish solid working relationships with all vendors and plan sponsors to ensure open and accurate communication - Perform other related duties as required Required Qualifications: - Bachelor's degree - Bilingual speaking a plus - Knowledge of modern office procedures and methods including telephone communications, office systems, and record keeping - Working knowledge or ability to quickly grasp concepts of reading, reviewing, and understanding plan documents - Knowledge of modern business communication, including style and format of letters, memorandum, minutes, and reports - Ability to use a personal computer - Proficiency in MS Excel and MS Word - Ability to establish priorities, work independently, and proceed with objectives without supervision - Ability to handle and resolve recurring problems - Superior organizational and coordination skills - Flexibility, adaptability, and ability to multi-task Required Skills: NIPA Certificates, MS Excel, MS Word Important Skills: Bilingual, Office Procedures, Plan Document Understanding Nice-to-Have Skills: Multi-tasking Benefits: Medical, dental, disability, and life insurance, Paid time off, 401(k) plan with employer match