Retirement Plans Investment Operations Assistant Director - Secaucus
Posted on: November 11, 2018
Retirement Plans Investment Operations Assistant Director - Secaucus Core Business Services Requisition # SEC001GD Post Date 1 day ago Join our Core Business Services (CBS) team and you will help support the important business enablement functions that keep our organization running strong. As a CBS professional, you will work across teams to provide the knowledge, resources and tools that help EY deliver exceptional quality service to our clients, win in the marketplace and support EY?s growth and profitability. Major teams within CBS include Finance, Information Technology, Human Resources, Enterprise Support Services, Brand Marketing and Communications, Business Development, Knowledge and Risk Management. Join our Finance team and you will help enable EY client account teams and management to run the business effectively. You?ll help to improve engagement profitability, manage enterprise wide risk and support market development activities. You will support EY planning, reporting and forecasting and analysis, or help EY people manage day-to-day activities, such as managing engagements, process and auditing time and expense or invoice processing. You?ll also work with other parts of our organization, sharing your financial experience and insights to achieve specific goals. You?ll get all the support you need to stay on top of regulations ? and the advice and help you?ll need to meet your own professional goals. With so many offerings, you have the opportunity to develop your career through a broad scope of engagements, mentoring and formal learning. That?s how we develop outstanding leaders who team to deliver on our promises to all of our stakeholders, and in so doing, play a critical role in building a better working world for our people, for our clients and for our communities. Sound interesting? Well this is just the beginning. Because whenever you join, however long you stay, the exceptional EY experience lasts a lifetime. **Job Summary:** The **Assistant Director, Retirement Plans Investment Operations** is responsible for supporting the investment management and administrative operation of the firm's qualified and non-qualified retirement plans' assets ( _assets as of 12/31/17 greater than $17B_ .) The position will report to the Deputy Chief Investment Officer. The position manages all operational aspects of the retirement plans, including day-to-day management of trustee/custodian. The position provides oversight on the preparation of regulatory compliance for the firm. The Assistant Director interacts with various internal departments, including Total Rewards, Global Independence team, Partnership Operations, Actuary and Finance. The scope of the position is US firm-wide and requires a unique mix of qualitative and quantitative skills, and specialty knowledge. **Key Responsibilities** + Manage day-to-day relationship with Trustee/Custodian, including ensuring accuracy in monthly asset statements, dealing with day-to-day issues. + Responsible for investment manager compliance with Investment Management Agreements (IMA?s), including but not limited to fulfillment of notification requirements, providing Form ADV updates, security lending utilization, soft dollar usage, Errors & Omissions insurance coverage, fidelity bond coverage, SSAE 16/SOC 1, K1 reporting, proxy voting policies and votes, etc. + Work with senior management in developing, formalizing and refining best in class operating policies, procedures and protocols. + Interact and liaise as needed with various internal departments, such as General Counsel Office, Partnership Operations, Total Rewards, Global Independence, the Actuarial team and Finance. Also supports Partnership Operations in providing investment-related information to US partners/principals (active and retired). + Work with EY Independence to ensure all investments are in compliance with Independence joint investing considerations and Independence reporting requirements. Ensure accurate BRET submission for all potential investment managers and service providers to the plans. Responsible for oversight on quarterly EY Independence audit. + Work with Total Rewards and Partnership Operations to keep track of liquidity requirements of the retirement plans. + Make certain plans are operating according to ERISA standards. Provide oversight on regulatory filing, internal and external audit requirements for Defined Benefit and Defined Contribution plans on a timely basis (Form 5500, audited financial statements, internal Independence audit). Co-ordinate tax projects with internal and external resources. + Responsible for investment reporting to Global Treasury. + Familiar with pension accounting, funding regulations which affect the firm?s retirement plans. + Analyze existing policies, procedures and processes and make insightful recommendations for improvement or updating to maintain efficiencies and enable the best results. **To Qualify , must be / have:** + Familiar with pension accounting, funding regulations, legislation and directives pertaining to the Employee Retirement Income Security Act (ERISA). + Comfortable at challenging others respectfully in investment discussions and have the demonstrated capacity to work effectively in a team environment. + Must have strong problem solving and project management skills, with proven track record of performing complex assignments under tight deadlines while maintain superior quality in work products. + Ability to effectively collaborate and establish strong, effective working relationships (at all levels) with treasury, human resources, legal, tax, corporate accounting, internal actuarial team, internal/external audit, investment managers, trustee/custodians and other applicable third parties. + Excellent analytical, written and oral presentation skills and proficiency with Microsoft Office products (Word, Excel, and PowerPoint). + Possess intellectual curiosity; strong interest for the investment markets and the intellectual enthusiasm to understand the management of a broad range of asset classes. + Oriented to continuous process and productivity improvement. + An undergraduate degree in accounting, finance, economics or equivalent experience + 7-10 years hands-on operational and administration related to corporate pension plans and 401(k) plan. Ernst & Young LLP, an equal employment opportunity employer (Females/Minorities/Protected Veterans/Disabled), values the diversity of our workforce and the knowledge of our people.
Keywords: EY, New York , Retirement Plans Investment Operations Assistant Director - Secaucus, Accounting, Auditing , Secaucus, New York
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