Consultant Deconversion (Finance)

TL;DR

Consultant Deconversion (Finance): Managing the successful termination and deconversion of standard retirement plans with an accent on project management, regulatory compliance, and client communication. Focus on overseeing plan shut-down activities, ensuring accuracy of participant data, and maintaining strict IRS/DOL reporting timelines.

Location: Onsite in City of Taguig, Metro Manila

Company

A financial services company dedicated to transforming financial lives through retirement solutions and a culture of internal mobility.

What you will do

• Oversee the successful termination and deconversion of standard plans across all segments.
• Act as the primary project manager and point of contact for Plan Sponsors, Financial Advisors, and Third-Party Administrators.
• Coordinate timing, outstanding items, and critical tasks through regular conference calls with various internal and external stakeholders.
• Educate clients on service agreements, contracts, and product features regarding liquidation restrictions and administrative duties.
• Review participant conversion data to mitigate the risk of financial loss due to errors.
• Manage the end-to-end plan shut-down process, including blackout procedures, liquidation, and final file submission.

Requirements

• Associate degree in Business or equivalent related experience.
• 1-2 years of experience in deconversion, plan termination, or related financial work.
• Proficient knowledge of IRS codes (457, 401(k), 403(b), 401(a), etc.).
• Strong understanding of IRS/DOL reporting and regulatory compliance.
• Excellent written and verbal communication skills.
• Applicants must be authorized to work for any employer in the U.S.

Culture & Benefits

• Flexible work environment with fluid career paths and a strong emphasis on internal mobility.
• Company culture focused on purpose, well-being, and work-life balance.
• Welcoming and inclusive environment.
• Opportunities to dedicate time to volunteering for important causes.