Compliance Intern

Ascensus is looking for recent or upcoming freshers who want to learn the technical intricacies of US pension plans as a Compliance Intern. During this 9 month program, you'll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy, designed to support your career journey. With our structured training programs, you will be well-prepared to integrate and manage retirement products and strategies across our organization.

About the Role: We are seeking motivated and detail-oriented Compliance Interns to join our team. This internship offers a unique opportunity to gain hands-on experience in compliance testing tasks, including Census load, Allocated links, financial data reconciliation, and more. The ideal candidates will have a background in actuarial science or mathematics and a keen interest in compliance and regulatory processes.
 

Key Responsibilities:

• Census Load: Assist in the preparation and loading of census data into compliance systems, ensuring accuracy and completeness.
• Allocated Links: Support the creation and management of allocated links for compliance testing purposes.
• Financial Data Reconciliation: Perform basic financial data reconciliation tasks to ensure data integrity and compliance with regulatory standards.
• Documentation: Maintain accurate and up-to-date documentation of compliance testing processes and results.
• Reporting: Assist in the preparation of compliance reports and summaries for internal and external stakeholders.
• Collaboration: Work closely with the compliance team to identify and resolve any issues related to compliance testing tasks.
• Learning and Development: Participate in training sessions and workshops to enhance your understanding of compliance processes and regulatory requirements.

Basic Qualifications:

• Education: Currently pursuing or recently completed master's degree in mathematics (MSC).
• Analytical Skills: Strong analytical and problem-solving skills with attention to detail.
• Technical Proficiency: Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and familiarity with data management tools.
• Communication: Excellent verbal and written communication skills.
• Team Player: Ability to work effectively both independently and as part of a team.
• Adaptability: Willingness to learn and adapt to new tasks and challenges.

What We Offer:

• Mentorship: Guidance and support from experienced compliance professionals.
• Learning Opportunities: Access to training programs and resources to enhance your skills and knowledge.
• Networking: Opportunities to connect with professionals in the compliance and regulatory field.
• Career Development: Potential for future career opportunities within the organization.

Joining Ascensus means embracing a unique opportunity to grow professionally, having work-life balance, and having a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose – helping people save for those important milestones in their lives. 

About Ascensus: 
 We are the largest independent recordkeeping services partner, third-party administrator, and government and health savings facilitator in the United States. We're also one of the savings plan industry's leading providers of outsourced services. Our combination of purpose-built technology and deep expertise enables our partners to deliver industry-leading solutions that help people save for what matters: retirement, education, and healthcare. We support qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions, banks, credit unions, and advisors. 
 

About Ascensus (India)

We have great growth strategy and looking forward to development and achieve organization objectives. We are setting an Operations in Hyderabad and looking at growth prospects. We have loans and distributions, Compliance (DC) and Defined Benefit Process in India currently. We are also looking to grow in other departments as well. 

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