Job Information
Accenture Brokerage Operations IRA Associate in Arlington, Virginia
The Brokerage Operations IRA Associate is responsible for all processing related to Individual Retirement Accounts (IRAs) including Traditional, Roth, Rollover, SEP, SIMPLE, Coverdell and Beneficiary IRAs. Review and process IRA distributions, contributions, transfers, rollovers, beneficiary claim requests, excess contribution removals, Roth conversions and recharacterizations. Understand and adhere to IRA regulatory rules and regulations.
Key Responsibilities:
IRA distribution processing to include review and approve all IRA distributions to ensure proper documentation is received in good order. Ensure that the appropriate IRA codes are used on the transactions for appropriate tax reporting.
IRA contribution processing to include review IRA transactions and exception reports to ensure compliance with IRS regulations related to contribution limits. Ensure that the appropriate IRA codes are used on the transactions for appropriate tax reporting.
IRA transfer and rollover processing to include a review of the requests to ensure transactions are permitted between appropriate IRA types and proper documentation is received in good order. Process non-automated (ACAT) transfer and rollover requests by sending documentation to external firms to complete request and follow up as necessary.
Deceased account processing to include review death certificates and beneficiaries, determine payout options, and collaborate with the front office and beneficiary to complete the required documents to complete the beneficiary payout.
Complex IRA transaction processing to include Roth conversions, excess contribution removals and calculations, recharacterizations and calculations, 72(t) calculation/projection requests, and review Divorce Decree and/or Qualified Domestic Relations Orders (QDRO).
Review and process all new account applications and beneficiary change requests.
Review and interpret all Power of Attorney (POA) requests for IRA accounts to ensure there aren't limitations against beneficiaries acting as POA.
Ensure all IRA transactions have the proper transaction codes for tax reporting. Process tax document corrections (e.g. 1099R, 5498).
Assist the front office and clients by researching and responding to inquiries and requests for information.
Remain knowledgeable about IRA rules and regulations.
Role is in office at the client site in Richmond, VA
Basic Qualifications:
- Minimum 1 year of brokerage industry experience.
Preferred Qualifications:
Bachelor's degree or equivalent education, training and work-related experience.
Provide high quality client service.
Ability to handle multiple assignments; work under pressure in a fast-paced environment.
Attention to detail with emphasis on accuracy and quality.
Excellent organizational, verbal and written communication skills.
PC skills including MS Office products and ability to learn other computer software applications.
Excellent PC Skills including strong knowledge of MS Excel.
Direct experience within functional area for which role is to be performed, i.e. margin, trading, cashiering, etc.
Compensation at Accenture varies depending on a wide array of factors, which may include but are not limited to the specific office location, role, skill set, and level of experience. As required by local law, Accenture provides a reasonable range of compensation for roles that may be hired in California, Colorado, District of Columbia, Illinois, Maryland, Minnesota, New York or Washington as set forth below.
We accept applications on an on-going basis and there is no fixed deadline to apply.
Information on benefits is here. (https://www.accenture.com/us-en/careers/local/total-rewards)
Role Location Hourly Salary Range
California $19.71 to $50.63
Colorado $19.71 to $43.70
District of Columbia $21.01 to $46.54
Illinois $18.27 to $43.70
Minnesota $19.71 to $43.70
Maryland $18.27 to $40.48
New York $18.27 to $50.63
Washington $21.01 to $46.54
What We Believe
We have an unwavering commitment to diversity with the aim that every one of our people has a full sense of belonging within our organization. As a business imperative, every person at Accenture has the responsibility to create and sustain an inclusive environment.
Inclusion and diversity are fundamental to our culture and core values. Our rich diversity makes us more innovative and more creative, which helps us better serve our clients and our communities. Read more here (https://www.accenture.com/us-en/about/inclusion-diversity/us-workforce)
Equal Employment Opportunity Statement
Accenture is an Equal Opportunity Employer. We believe that no one should be discriminated against because of their differences, such as age, disability, ethnicity, gender, gender identity and expression, religion or sexual orientation.
All employment decisions shall be made without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by federal, state, or local law.
Accenture is committed to providing veteran employment opportunities to our service men and women.
For details, view a copy of the Accenture Equal Employment Opportunity and Affirmative Action Policy Statement (https://www.accenture.com/content/dam/accenture/final/accenture-com/document/Annual-Policy-Statement-Regarding-EEO-2023-Applicant.pdf#zoom=50) .
Requesting An Accommodation
Accenture is committed to providing equal employment opportunities for persons with disabilities or religious observances, including reasonable accommodation when needed. If you are hired by Accenture and require accommodation to perform the essential functions of your role, you will be asked to participate in our reasonable accommodation process. Accommodations made to facilitate the recruiting process are not a guarantee of future or continued accommodations once hired.
If you would like to be considered for employment opportunities with Accenture and have accommodation needs for a disability or religious observance, please call us toll free at 1 (877) 889-9009, send us an email (https://www.accenture.com/us-en/about/contact-us) or speak with your recruiter.
Other Employment Statements
Applicants for employment in the US must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States.
Candidates who are currently employed by a client of Accenture or an affiliated Accenture business may not be eligible for consideration.
Job candidates will not be obligated to disclose sealed or expunged records of conviction or arrest as part of the hiring process.
The Company will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. Additionally, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the Company's legal duty to furnish information.