1 job for "Amendment Consultant II"

Amendment Consultant II

Posted on Oct 24

Amendment Consultant II

Westlake, TXPosted 15 days ago

Fidelity will not provide immigration sponsorship for this position.

Job Description:

The Role

The Amendment Consultant (AC) provides document and administrative support to clients and business partners who maintain an existing book of business of over 23,000 plans. The AC uses written procedures to make decisions and independently coordinate with others regarding business policies, procedures and documentation. This position requires knowledge of ERISA and the DOL regulations qualified plan rules under the Internal Revenue Code. The AC will interpret, apply, and make good judgment calls independently. One will assist and instruct others on decisions to be made in processing amendments. The AC supports Emerging/Mid/Advisor markets using the volume submitter document and partners closely with Client Relationship Management to ensure successful completion of more than 20,000 amendments a year. The AC generates solutions for standardized, lower complexity plan amendments.

The AC has the authority to make decisions related to the amendment projects that they are working on. Ultimately, they sign on behalf of Fidelity Management Trust Company (FMTC) and understand the importance of the representation.

The Expertise and Skills You Bring

• 5-7 years of defined contribution retirement plan experience

• Previous work experience with Plan Central, XTRAC, Docusign, WPDT, Salesforce a plus

• Specialist understanding of ERISA, IRC, and DOL regulations related to 401(k) plans

• Strong digital literacy; MS Office Suite

• Understanding of the 401(k) industry

• Knowledge of Fidelity products, services, policies and procedures

• Ability to prioritize workload based on timing needs, risk, and client expectations

• Effective time management

• Excellent written and verbal communication

• Ability to articulate a point of view in a compelling and succinct manner

• Ability to work independently in a fast paced environment and handle large volume of work

• Ability to comprehend and explain technical concepts

The Team

The Amendment Consulting Team is a pivotal group that ensures the maintenance of existing client volume submitter plan documents and service agreement contracts. The Amendment team is the control point for updates as well as ensuring the WI Defined Contribution Recordkeeping systems align with the plans provisions. This role as the amendment expert for WI Core market clients, consults with Managing Directors and clients to ensure that each amendment meets a clients desired outcome and is executed exactly to direction. The role adds value by ensuring that plan provisions will work seamlessly with Fidelity services once live. The Amendment Consultant role is actively engaged with Managing Directors, Testing and Reporting, Systems Installation Group, Billing and Conversion Services to coordinate updates.

Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications:

Category:

Compliance
Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

About Fidelity Investments

A privately- held financial services company that is committed to helping people invest and plan for their futures.

Size: 10,000+ employees
Industry: Financial Services

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