• WMG Retirement Plan Advisor

    Chemung Canal Trust Company (Elmira, NY)


    Performs a variety of duties in support of the Retirement Services function including business development, customer service, reporting, client meetings and presentations, etc.

     

    + Maintain and grow effective relationships with Retirement Services clients.

    + Thorough understanding of ERISA, IRS, and DOL regulations as they relate to qualified retirement plans.

    + Will act as the primary point of contact for retirement plan clients and along with the Plan Manager will be responsible for overall client satisfaction and retention.

    + Assists the Retirement Services Manager with RFPs and presentations related to new business development.

    + Assist with new plan conversions and/or implementing start-up plans.

    + Coordinates and presents client annual plan and investment review meetings.

    + Works with clients to develop and deliver participant education programs: on-site meetings, web meetings, phone calls.

    + Stays abreast of legislative and regulatory changes that may affect the administration of assigned retirement plans. Notifies clients of any changes that may be necessary to ensure continued compliance with applicable government regulations.

    + Works with Investment Officers and Retirement Plan Managers to maintain and monitor plan investment menus.

    + Provides input to fee schedules for Retirement Services Group. Informs clients of current fee schedule. Ensures timely collections of fees from clients.

    + Jointly establishes annual quantitative client service and sales objectives with assigned supervisor to be integrated into the Retirement Services Group’s operating plans.

    + May be asked to assist with quarterly plan valuation reviews, review compliance tests, Form 5500s, and assist with plan document reviews.

    + Conforms to General Performance Expectations as identified for all employees.

    Qualifications/Requirements

    + BS or BA in related field of study preferred, along with specialized training related to employee benefits plan administration.

    + Will ideally possess at least one certification from a recognized professional organization (i.e., AIF, QKA, QKC, QPFC, QPA, CRSP, QPFA).

    + 5-7 years experience in related position.

    + Thorough knowledge of all laws, regulations, and policies impacting retirement plans, including, but not limited to technical, compliance, administration, investment, and participant solutions.

    + Working knowledge of investment terminology for presentations to Plan Sponsors and Plan Participants.

    + Proficient interpersonal relations and communication skills; analytical and organizational skills; computer skills, including MS Word, Excel, and PowerPoint; presentation skills; ability to read and interpret retirement plan, IRA, and trust statements; strong sales skills.

    + Valid Driver’s License required

     

    Salary Range $70,000 to $106,000 Annually

     

    Compensation offers are based on a wide range of factors including relevant skills, training, experience, education and, where applicable, licenses or certifications obtained. Market and organizational factors are also considered. Along with a competitive compensation program please visit the benefits section of our Careers page to view available benefits.

     

    Chemung Canal Trust Company/Capital Bank/Canal Bank fosters a diverse and inclusive culture where employees are able to succeed to their full potential. EEO/AA Including Veterans and Disabled.