Charles Schwab ERISA Compliance Specialist in Austin, Texas


Austin - TX, AUSTINA, 12401 Research Blvd, 78759

Christal Lynn Fortunato


We believe that , when done right, investing liberates people to create their own destiny. We are driven by our purpose to champion every client’s goals with passion and integrity. We respect and appreciate the diversity of our employees, our clients, and the communities we serve. We challenge conventions strategically to create value for our clients, our firm and the world. We live and bring to life the concept of ‘own your tomorrow’ every day. We champion our employee strengths, guide their development, and invest in their long-term success. We hire optimistic, results-oriented, curious, innovative, and adaptable people with the desire to help our clients and one another succeed.

As a company, we were established by Chuck at over 40 years ago to champion Main Street over Wall Street, and to help Americans transform themselves from earners to owners. Through advocacy and innovation, we work to make investing more affordable, accessible and understandable for all. As we enter our fifth decade, we are looking for talented, innovative and driven people who believe they can help themselves, and our clients, create a better future.

Our Opportunity:

Members of the ERISA Compliance Department perform nondiscrimination testing for qualified plans. We make sure that the Plan is operating in accordance with DOL and IRS rules and regulations. We also make sure that the Plan is operating in accordance with the Plan's legal document. In addition the group works very closely with the Plan’s independent auditor so that financial reports can be prepared for the client. Preparation of the 5500 along with required schedules are also completed and filed with the EBSA. We also provide assistance to other departments on qualified plan matters and assist in any corrections as needed.

What you’ll do:

This individual is responsible for performing allocations and nondiscrimination testing and managing all aspects of an assigned defined contribution caseload including:

  • Written and verbal communication with client and the client’s advisors.

  • Completion of nondiscrimination testing such as ADP and ACP tests.

  • Perform allocations and mid-year projections for clients.

  • Test all limits for the plan such as 415 limit, 402(g) limit and plan limits

  • Review the Plan Document and make sure calculations are in compliance with the plan document.

Prepare the Form 5500 for the Plan.

What you have:

  • This position requires direct experience in the qualified retirement plan industry, 2+ years expected, with significant direct experience in providing ERISA Compliance testing and reporting services. The candidate must have a strong commitment to the highest level of client service, strong problem solving skills, strong verbal and written communication skills, knowledge of Microsoft excel, and the ability to meet stringent deadlines. Position requires thorough knowledge of the IRS & DOL Code and Regulations. Experience with FT Williams and the ASC testing system are helpful. QKA designation preferred.

What you’ll get:

  • Comprehensive Compensation and Benefits package

  • Financial Health: 401k Match, Employee Stock Purchase Plan, Employee Discounts, Personalized advice, Brokerage discounts

  • Work/Life Balance: Sabbatical, Paid Parental Leave, New Mothers returning to work Program, Tuition Reimbursement Programs, Time off to volunteer, Employee Matching Gifts Program

  • Everyday Wellness: Health and Lifestyle Wellness Rewards, Onsite Fitness Classes, Healthy Food Choices, Wellness Champions

  • Inclusion: Employee Resource Groups, Commitment to diversity, Strategic partnerships

  • Not just a job, but a career, with an opportunity to do the best work of your life

Learn more about Life@Schwab at" .

Charles Schwab & Co., Inc. is an equal opportunity and affirmative action employer committed to diversifying its workforce. It is Schwab's policy to provide equal employment opportunities to all employees and applicants without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), gender identity or expression, national origin, ancestry, age, disability, legally protected medical condition, genetic information, marital status, sexual orientation, protected veteran status, military status, citizenship status or any other status that is protected by law. Schwab also does not discriminate against applicants or employees because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. At Schwab, we believe that every employee, through their diverse abilities and experiences, can contribute to our growth, innovation and client loyalty. We embrace diversity and are committed to providing equal opportunity to all employees and applicants. If you have a disability, and require reasonable accommodations in the application process, call Human Resources at 800-725-3535. We will be happy to assist you. Schwab will only share your accommodation request with those individuals who have a specific need to know. The request for an accommodation will not affect Schwab's hiring decisions. All other submissions should be performed online.

Job Specifications

Relocation Offered?: No

Work Schedule: Days

Languages: English - spoken

Current Licenses / Certifications: None

Relevant Work Experience: Retirement Services-2-5 yrs, Brokerage Operations-2-5 yrs, Banking-6+ yrs, Brokerage Operations-6+ yrs, Retirement Services-6+ yrs, Banking-2-5 yrs, Financial Services-6+ yrs, Customer Service-6+ yrs, Customer Service-2-5 yrs, Accounting and Finance-2-5 yrs, Accounting and Finance-6+ yrs, Financial Services-2-5 yrs, Compliance

Position Located In: TX - Austin

Education: BA/BS

Job Type: Full Time

Category:Retirement Services

Activation Date: Tuesday, May 8, 2018

Expiration Date: Saturday, June 30, 2018

Apply Here