Compliance Specialist

3 weeks ago

Bengaluru, India Genpact Full time
Job Description Summary:
As a Specialist (Compliance) Processor /Analyst in our Retirement Services department (Retirement BPaaS), your focus will be to perform Actual Deferral & Actual Contribution Percentage (ADP & ACP), Coverage Test (410b), Excess Deferral (402g), Compensation (414s), Annual Additions (415), Non – Discrimination (NDT) Tests and Form 5500 Filing for Large & complex Retirement Plans. These tests might be followed-up by high end research-oriented requests at Participant or at Plan level. Excellent coordination required to connect with BU / Client Services groups related to various kind of information from Plan Sponsor. Strong understanding of Fee, Distribution, Contribution, Sources etc. Daily Client interactions maybe a necessity in some areas of work and communication and articulation skills are therefore essential. There may also be a need to work with internal departments on application or hardware issues related to daily functions. You must possess high end knowledge on Retirement domain and Compliance with working experience of preferably in Relius suite of products.
About the team:
Retirement BPaaS provides services to U.S based Third Party Administrators in managing day to day Recordkeeping operations, Compliance Testing & Reporting of Defined Contribution plans.
All these services are catered to Retirement clients via Retirement Products.
What you will be doing:
A Specialist (Compliance) Processor / Analyst is responsible to handle High Complex Testing, research, reporting and Form 5500 filing of retirement plan activities as aligned.
Compliance Plan Queue monitoring might be an added responsibility ensuring all activities are completed within TAT.
Additional quality checks ensure end to end Plan Testing is completed with 100% quality in first instance.
Coordinate with other Operations group to ensure follow-up testing activities in OMNI / Relius are completed within deadline.
There may also be a need to coordinate with internal departments on application or hardware issues related to daily functions.
Be a SME in the assigned group or process.
Process Management:
Support meeting Service Level Agreements for TAT, utilization, productivity & quality.
Maintain and analyze process queue status and reports as assigned.
Review, research and provide feedback on processing discrepancies/ errors to prevent recurrence.
Participate and transfer information to all associates on a timely basis via regular team meetings. per responsibility assigned.
Handle query resolution for new hires in the group as assigned.
Support New Hire on-boarding process Work with internal departments to research issues related to applications and support of the client.
Knowledge Transition & Process Improvement:
Build strong understanding of Compliance process and core recordkeeping systems and understand how they work and connect.
Handle the transition of work from client/ on-site center to GDO and work with the on-site team to improve workflow, SOPs, and quality.
Analyze existing systems and processes to identify gaps and opportunities for cost/ quality/ process improvements.
Skills and Knowledge / Experience:
6-8 year of rich Industry experience primarily in US Retirement Compliance Domain.
Hands on experience of research in Relius suite of products.
Strong understanding of concepts and terminology of financial services industry, especially in Retirement (DC).
Prior Compliance Testing & Form 5500 filing knowledge, transition experience is essential.
Hands-on experience in handling Queue management.
Well versed with MS Office applications (Word, Excel & PowerPoint, Teams, etc.).
A ‘can-do’ attitude and the ability to work in a team environment and adapt to change is essential Willingness to work in shifts.
Desired Knowledge / Experience:
Previous experience of Relius Administration would be a significant plus.
Should be a dependable resource with a willingness to work stretched hours (if required).
Academic Qualifications:
Masters / bachelor’s degree in accounting, Business Management /Administration or the equivalent combination of education, training, or work experience.
Core Competencies:
In-depth knowledge of retirement services industry practices, regulations, and processes
Understanding of Relius recordkeeping software.
Excellent verbal, written and articulation communication skills.
Good coordination and collaborative skills to work with different groups to complete assigned responsibilities.
Location:- Bangalore, Pune and Chennai
Shift :- UK and US

  • Corporate Compliance Specialist

    3 days ago

    Bengaluru, Karnataka, India Infosys Full time

    Job Title: Corporate Compliance SpecialistAbout the Role:We are seeking a seasoned Corporate Compliance Specialist to join our team at Infosys. As a key member of our Legal Department, you will be responsible for developing and implementing compliance programs that align with global regulatory standards.Responsibilities:

  • IT Compliance Specialist

    4 weeks ago

    Bengaluru, Karnataka, India LTIMindtree Full time

    Job Summary: We are seeking a highly skilled IT Compliance Specialist to join our team at LTIMindtree. The ideal candidate will have a strong understanding of compliance requirements and experience in integrating them into Agile methodologies.Key Responsibilities:Analyze and create documentation of SOPs and processes to ensure compliance with regulatory and...

  • Cybersecurity Compliance Specialist

    2 weeks ago

    Bengaluru, Karnataka, India Antal International Full time

    Cybersecurity Compliance SpecialistAt Antal International, we are seeking a highly skilled Cybersecurity Compliance Specialist to join our team.The estimated salary for this role is $90,000 - $110,000 per annum, depending on experience and qualifications.Job Description:Company Overview:Antal International is a leading global recruitment agency with a strong...

  • Tax Compliance Specialist

    1 month ago

    Bengaluru, Karnataka, India Amagi Full time

    Tax Compliance SpecialistAmagi, a global leader in cloud-based products and solutions for broadcast and connected TV, is seeking a Tax Compliance Specialist to join its team. As a Tax Compliance Specialist, you will be responsible for managing end-to-end tax compliances for US, UK, SG, and India jurisdictions.Key Responsibilities:Ownership of managing...

  • Senior Compliance Specialist

    2 weeks ago

    Bengaluru, Karnataka, India NES Fircroft Full time

    Job Overview:">NES Fircroft is a leading staffing specialist in the technical and engineering sectors, with over 2000 professionals spanning 58 offices worldwide. We offer a range of staffing solutions to our clients, complemented by industry-leading support services.">About the Role:">We are seeking an experienced Senior Compliance Specialist to join our...

  • Compliance Risk Specialist

    2 weeks ago

    Bengaluru, Karnataka, India Gainwell Technologies LLC Full time

    We are seeking a highly skilled Compliance Risk Specialist to join our team at Gainwell Technologies LLC. In this role, you will play a crucial part in ensuring that our operations align with regulatory requirements and industry standards.About the RoleAs a Compliance Risk Specialist, you will be responsible for developing and implementing compliance...

  • Advanced Desktop Support Specialist

    2 weeks ago

    Bengaluru, Karnataka, India Excis Compliance ltd Full time

    **Job Overview**We are seeking an experienced Advanced Desktop Support Specialist to join our team at Excis Compliance Ltd. This is a full-time position that requires strong technical skills and excellent customer service abilities.The successful candidate will provide day-to-day local/remote desktop support, receive inbound calls, answer questions,...

  • Environmental Compliance Specialist

    2 weeks ago

    Bengaluru, Karnataka, India Thermo Fisher Scientific Full time

    About the RoleWe are seeking a highly skilled Environmental Compliance Specialist to join our team at Thermo Fisher Scientific. This is an exciting opportunity to work in a dynamic environment where you will be responsible for ensuring compliance with regulatory requirements.

  • Compliance Governance Specialist

    2 weeks ago

    Greater Bengaluru Area, India Live Connections Full time

    Live Connections is seeking a skilled Compliance Governance Specialist to join our team. This role offers a competitive salary of $115,000 annually.About the RoleThe Compliance Governance Specialist will be responsible for managing internal ethic, compliance, and investigating reported cases of potential misconduct. This individual will serve as a...

  • Procurement Compliance Specialist

    2 weeks ago

    Bengaluru, Karnataka, India Herman Miller Furniture (India) Pvt. Ltd. Full time

    We are seeking a highly motivated and detail-oriented Procurement Compliance Specialist to join our team at Herman Miller Furniture (India) Pvt. Ltd.

  • Technology Compliance Specialist

    3 weeks ago

    Bengaluru, Karnataka, India Epsilon Full time

    Company Overview:Epsilon, a leading technology company, is seeking a skilled professional to join our team as a Technology Compliance Specialist. Our company values innovation and collaboration, and we are committed to providing a dynamic work environment that fosters growth and development.Job Description:The Technology Compliance Specialist will play a...

  • Compliance Specialist

    1 month ago

    Bengaluru, India Genpact Full time

    Job Description Summary:As a Specialist (Compliance) Processor /Analyst in our Retirement Services department (Retirement BPaaS), your focus will be to perform Actual Deferral & Actual Contribution Percentage (ADP & ACP), Coverage Test (410b), Excess Deferral (402g), Compensation (414s), Annual Additions (415), Non – Discrimination (NDT) Tests and Form...

  • Compliance specialist

    4 weeks ago

    Bengaluru, India Genpact Full time

    As a Specialist (Compliance) Processor /Analyst in our Retirement Services department (Retirement BPaa S), your focus will be to perform Actual Deferral & Actual Contribution Percentage (ADP & ACP), Coverage Test (410b), Excess Deferral (402g), Compensation (414s), Annual Additions (415), Non – Discrimination (NDT) Tests and Form 5500 Filing for Large...

  • Compliance Specialist

    4 weeks ago

    Bengaluru, India Genpact Full time

    As a Specialist (Compliance) Processor /Analyst in our Retirement Services department (Retirement BPaaS), your focus will be to perform Actual Deferral & Actual Contribution Percentage (ADP & ACP), Coverage Test (410b), Excess Deferral (402g), Compensation (414s), Annual Additions (415), Non – Discrimination (NDT) Tests and Form 5500 Filing for Large &...

  • Compliance Specialist

    3 weeks ago

    Bengaluru, India Genpact Full time

    As a Specialist (Compliance) Processor /Analyst in our Retirement Services department (Retirement BPaaS), your focus will be to perform Actual Deferral & Actual Contribution Percentage (ADP & ACP), Coverage Test (410b), Excess Deferral (402g), Compensation (414s), Annual Additions (415), Non – Discrimination (NDT) Tests and Form 5500 Filing for Large &...

  • Compliance specialist

    4 weeks ago

    Bengaluru, India Genpact Full time

    Job Description Summary:As a Specialist (Compliance) Processor /Analyst in our Retirement Services department (Retirement BPaa S), your focus will be to perform Actual Deferral & Actual Contribution Percentage (ADP & ACP), Coverage Test (410b), Excess Deferral (402g), Compensation (414s), Annual Additions (415), Non – Discrimination (NDT) Tests and Form...

  • Mortgage Compliance Specialist

    2 weeks ago

    Bengaluru, Karnataka, India Altisource Full time

    Job OverviewAt Altisource, we're seeking a skilled Mortgage Compliance Specialist to join our team. This role is perfect for individuals who are passionate about ensuring compliance with regulatory requirements and lending laws.About the RoleWe estimate the salary range for this position to be between $65,000 - $85,000 per year, depending on experience and...

  • Compliance Support Specialist

    1 month ago

    Bengaluru, India Vervent Full time

    Overview:The Compliance Support Specialist reports to a Compliance Director, Manager, or Supervisor and is responsible for delivering solutions for audit requests, escalated customer inquiries, and disputes. The Compliance Support Specialist will need to work across teams to build process improvement and innovation gained from review of customer complaints...

  • Compliance Support Specialist

    1 month ago

    Bengaluru, India Vervent Full time

    Overview:The Compliance Support Specialist reports to a Compliance Director, Manager, or Supervisor and is responsible for delivering solutions for audit requests, escalated customer inquiries, and disputes. The Compliance Support Specialist will need to work across teams to build process improvement and innovation gained from review of customer complaints...

  • Regulatory Compliance Specialist

    1 week ago

    Bengaluru, Karnataka, India CapTalent HR Full time

    Job OverviewWe are seeking a highly skilled Regulatory Compliance Specialist to join our team at CapTalent HR. This is an exciting opportunity for a motivated and detail-oriented individual to work in a dynamic environment and contribute to the success of our clients.In this role, you will be responsible for ensuring compliance with various labour laws and...