You haven't searched anything yet.
Be a part of the PlanMember Team!
If you have two plus years of experience within Financial Services and would like to experience working in our "Back Office", PlanMember Financial Corporation has an opportunity! With the beach just steps away from our corporate office, we have an open position with our Purchasing Team.
Position Information: This is a full time non-exempt position located at our Carpinteria Headquarters.
Salary Range: Starting salary is typically between $52,000 and $63,000 annually, however, it is ultimately determined by the scope of the position the candidate's relevant experience, and internal equity. In addition to salary, benefits include, PTO, health, medical, vision, disability, life insurance benefits as well as 401(k), profit-sharing retirement program and much more.
As a Purchase Team Processor , you will be responsible for performing various financial and administrative tasks to support the operations of a financial institution or department. You will work closely with team members, clients, and other stakeholders to ensure accuracy, compliance, and efficiency in operational processes.
This position is considered an essential role day 1, meaning employees in this role must be able to perform their responsibilities without a lapse of time should a business continuity situation arise e.g., COVID-19 Pandemic.
The Purchase Team Processor plays a crucial role in the financial services industry, working within a team to ensure the smooth and efficient functioning of various financial operations. As the ideal candidate, you should possess a strong attention to detail, a commitment to accuracy, and the ability to work effectively within a team.
Purchasing Department Specific Responsibilities
• Review transfer and rollover forms for completeness
• Review transfer requests to ensure compliance with plan portability and regulatory rules
• Prepare Letter of Acceptance and send to contra firms
• Track the status of incoming transfers and ensure system follow-up notes are clear and accurate
• Follow up on the miscellaneous requests from contra firms requesting additional information
• Work closely with the call center to ensure rep’s understanding of transfer requirements
• TPA Follow-up calls
• Maintain Company Information list as new and updated information arises.
• Track, enter and manage Cost Basis information for in kind transfers
• Process daily investments into client accounts
• Request employer ACH debits and wires
• Process ACHs and wires
• Log and audit daily holds and returns
• Responsible for reviewing, responding, and completing research requests and service requests
• Update Standard Operating Procedures for manager review
• Adhere to all timing standards, policies and procedures
• Work on special projects as assigned by the Manager
Physical Requirements:
• This role typically requires sitting at a desk and working on a computer for extended periods.
• Minor lifting and carrying of items may be required.
Service Principles – BeEPIIC Framework:
Essential Job Function:
This is an Essential Job Function “Essential Staff” position for the purpose of our Business Continuity Plan “BCP”. This distinction means you are expected to be fully prepared to perform essential functions of your job remotely as deemed applicable and necessary by your manager and the Company.
The following competecies we are looking for are:
Critical Competencies: (Quality Focus, Compliance)
Important Competencies: (Communicating, Information Seeking)
Supporting Competencies: (Time Management, Active Listening)
Qualifiation Standards - If you have the following, we encourage you to apply!
Full Time
$120k-154k (estimate)
06/14/2024
06/27/2024
planmember.com
Carpinteria, CA
200 - 500