IRA Specialist
Trust Point Inc. · La Crosse, WI · 1 mo ago
Full-time
About the role
Trust Point Inc. of La Crosse, WI, a recognized "Best Place to Work" for the 9th year in a row and a Gold Certified Family Friendly Workplace, is seeking a full‑time IRA Specialist to join its Wealth Management Operations team. The role requires great attention to detail and focuses on assisting internal and external clients with IRA‑related matters.
Responsibilities
- Manage the administration of Individual Retirement Accounts (IRAs), including contributions, distributions, rollovers, Roth conversions, beneficiary maintenance, and Required Minimum Distributions (RMDs).
- Ensure accurate tax reporting and compliance by processing withholding elections, preparing IRS Forms 1099‑R and 5498, and supporting tax‑related IRA transactions.
- Serve as the subject matter expert on IRA regulations and provide guidance and support to Wealth Management, Family Office, and client service teams.
- Administer charitable and trust‑related transactions, including Qualified Charitable Distributions (QCDs), private foundation distributions, and charitable trust calculations.
- Maintain accurate account records, documentation, and forms while supporting account opening reviews, authorized individual updates, and unique asset monitoring.
- Produce and review operational reports, monitor regulatory compliance, and identify and resolve issues to ensure adherence to internal policies and industry requirements.
Requirements
- Associate's degree in finance, accounting, business or related field preferred
- 3‑6 years' experience in the financial services industry preferred
- Detail oriented with a high sensitivity to accuracy
- Excellent attention to detail, prioritizing accuracy and conscientiousness
- Excellent communication and interpersonal skills
Benefits
- Health, dental, life, and long‑term disability insurance
- Paid holidays and paid vacation
- Generous 401(k) and profit‑sharing plan
- Employer‑paid certifications and relevant education opportunities
Schedule
Full‑time hybrid position, Monday‑Friday, 8 am – 5 pm.