Loan and Distribution Specialist

Why work at Definiti? If you consider yourself a problem solver and appreciate working autonomously, a career at Definiti may be perfect for you. You’ll be able to directly contribute to the security and success of meaningful retirements for thousands while helping build a growing company. Most positions are fully remote, which provides work-life balance while working with, and for, your colleagues and clients. Definiti not only invests in the tools and retirement service technology to help you be successful in your role, but also supports your professional growth with training and certifications.

Definiti is a national retirement services company that helps clients manage and administer their retirement plans. We help clients define what's possible and what’s next for their retirement plans.

The Loan & Distribution Specialist provides support to Retirement Plan Consultants and Senior Plan Consultants within a team environment. The L&D Specialist will have, or develop, thorough knowledge of the legal and regulatory environment surrounding qualified retirement plan withdrawals and gain experience with plan operations.

Primary Duties and Responsibilities

• Intake of all paper and electronic withdrawal requests
• Plan document interpretation and application
• Determination of type of request and permissibility
• Effective communication with both internal and external plan contacts
• Required Documentation of applicable plan and participant information
• Coordination with Investment Providers
• Vesting calculations and updates
• Peer review of transactions prior to submission
• Confirm processing of transactions
• Plan payroll processing, as needed
• Preparation of custodian correction/update forms, as needed

Education and Qualifications

• High School Diploma or GED required
• 2+ years in the financial or accounting arena
• Proficient with Microsoft Office applications
• Demonstrated excellence in written and verbal communication
• Must be detailed and possess strong organizational skills
• Time management focused adhering to deadlines and timelines
• Proficient with numbers and basic calculations
• Solutions oriented
• Ability to work independently and as part of a team in a fast-paced environment

Remote Working Requirements

As a remote-first company, we have compiled expectations for a successful remote work environment:

• Ability to build rapport with others remotely while working productively with limited in-person interaction
• Have access to a reliable and consistently strong, high-speed internet connection suitable for remote work. A stable, high-speed internet connection is essential for effective communication, collaboration, and productivity while working remotely
• Designate a quiet, and well-lit space free of as many distractions as possible
• Be online and available to work during designated business hours in local time zone
• Accustomed to using Microsoft Teams (or similar virtual-meeting applications) to meet with colleagues regularly on video and use the chat feature for quick communications. We utilize many Microsoft Teams features (such as Channels and file storage) for announcements, relevant conversations, and file sharing. Familiarity with Microsoft Teams is a plus
• Accustomed with file-storage and file-sharing tools such as Microsoft SharePoint

Definiti has a dynamic, growth-focused culture, and we are committed to offering attractive employee-centric benefits, including:

• A virtual-first work philosophy
• 401(k) with up to 4% match
• Flexible PTO allows you to take the time you need for wellness, vacations, and personal matters. We foster a trusting environment where employees manage their workloads responsibly. Time off doesn’t accrue.
• 10 paid holidays and 2 paid floating holidays
• Paid Parental Leave
• A variety of medical, dental and vision plan options including Definiti subsidized premiums
• Company-paid life insurance and short-term disability insurance
• Bonus plan eligibility