Job Title:  Associate | Retirement Operations | Hyderabad | Internal audit

The Team

Assurance had to do much more than keep the wheels turning; it is the engine that drives functional excellence and the enabler of innovation and long-term growth. Learn more about Assurance

Key Skills Required

• • 1-3 years of experience in retirement operations within wealth management, brokerage, or financial services operations.
  • Working knowledge of retirement account types such as Traditional IRA, Roth IRA, Rollover IRA, SEP and SIMPLE IRAs, and employer-sponsored plans (401(k), 403(b)), and of retirement distributions, transfers, rollovers, and contributions.
  • Understanding of federal and state tax withholding rules for retirement distributions, including default withholding, withholding elections (such as Forms W-4R and W-4P), non-resident alien withholding, and 1099-R distribution codes.
  • Understanding of the difference between a transfer and a rollover, including how each is reported for tax purposes.
  • Experience reviewing forms and supporting documents, validating client details, and processing requests accurately within defined TAT and quality standards.
  • Strong attention to detail and sound judgment, with the ability to identify discrepancies, follow operating procedures and controls, and escalate exceptions to the right teams.
  • Good written and verbal communication skills, and the ability to work with onsite and offshore teams.
  • Education: Bachelor's degree in commerce, finance, business administration, or a related field from an accredited university.

   

  Preferred:

  • Experience supporting a wealth management or broker-dealer client in a middle or back office role.
  • Familiarity with required minimum distributions (RMDs), Roth conversions, early distribution rules, and IRS Forms 1099-R and 5498 reporting.
  • Experience working with workflow and case management tools, custodial or recordkeeping platforms, and daily transaction reports and reconciliations.
  • Proficiency in Microsoft Excel for report review and data validation.
  • Exposure to process improvement or automation initiatives in operations.
  • Completion of relevant coursework or certifications in retirement services or securities operations.