IRA Specialist jobs in Louisville, KY

As an IRA/HSA Specialist, your day will be filled with opportunities to support the bank in all aspects of IRA’s and Health Savings Accounts including the implementation and servicing of the accounts. Experience working in Deposit Operations or Retail Banking are important while Stock Yards Bank & Trust will provide a professional environment to continually improve the candidate’s skills to further his/her career goals for advancement within the banking profession.

Responsibilities 

Daily responsibilities include, but are not limited to, the following:

• Process and verify incoming IRA and HSA transfer paperwork from retail branches.
• IRA and HSA exception tracking, follow up and clearing
• Track incoming IRA Rollover and Transfers and update spreadsheet
• Answer incoming branch and customers calls including E-mails.
• Learn IRA and HSA regulations to provide technical support and coaching to branches.
• Verify and mail IRA Distribution checks
• Open IRA and Beneficiary accounts as needed and mail documents to customer. 
• Setup distribution and contribution addendas in Navigator
• Assist with calculation of required minimum distributions and excess contributions.
• Maintain database for HSA employer fee billings, mail out invoices and post payments.
• Assist with monthly metrics
• Verify and prepare master docs for scanning to DDC department.
• Provide Intra-fi CDARS backup to Department Manager
• Work independently to ensure service delivery and compliance with bank regulations. Troubleshoot and solve any data issues
• Maintain procedural updates when needed
• Other duties as assigned

Job Requirements

The successful candidate will have the following qualifications:

• High School Diploma or GED Equivalent
• At least one year working in Deposit Operations or Retail Banking

• Basic knowledge of IRAs and Health Savings Accounts, be familiar with bank term products, procedures and processes, need to be able to multi-task and stay focused.

• Proven ability to interact well with clients and internal bank personnel

• Strong attention to detail; strong client services skills; good written and verbal communication skills; good organizational skills and ability to prioritize tasks.

Benefits

• 401(k) with a company match of up to 6%
• ESOP employer match
• Medical insurance
• Dental insurance
• Vision insurance
• Cancer / Disease insurance
• Accident insurance
• Flexible Spending Accounts
• Health Savings Accounts
• Humana Go365 Wellness & Rewards Program
• Bank paid Life / AD& D insurance
• Voluntary Life / AD&D insurance
• Bank paid Short-Term and Long-Term Disability insurance
• Employee Stock Purchase Plan
• Employee Assistance Program

Physical Requirements

The physical demands described here are representative of those that must be met by an employee in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This position requires sitting the majority of the time with limited walking and standing. All work occurs indoors and within regular working hours. The noise level in the work environment is usually moderate.