Job Details

Job Type

Full-time

Description

Job Summary:

The Mergers and Acquisitions (M&A) Specialist plays a critical role in managing retirement plan transitions during corporate mergers, acquisitions, and divestitures. This position ensures compliance, smooth integration, and optimal outcomes for all stakeholders by overseeing the due diligence, analysis, and implementation of plan changes related to organizational transactions.

Duties/Responsibilities:

• Lead calls with plan sponsors and financial advisors throughout the M&A process.

• Collaborate with Relationship Managers and Compliance throughout the M&A process.

• Lead the review and analysis of plans throughout the M&A lifecycle, including due diligence, integration, and post-transaction support.

• Perform plan design comparison and advise on protected benefits and how the new document needs to be written

• Explain when plans need to be merged and the potential risks of merging safe harbor plans mid year

• Identify the process and steps needed for an asset vs stock transaction

• Collaborate with internal and external parties to assess plan design, compliance status, and potential risks related to acquired or divested plans.

• Evaluate and compare existing retirement plans, identifying opportunities for consolidation, enhancement, or termination in accordance with regulatory requirements.

• Coordinate plan mergers, spin-offs, or terminations, ensuring timely and accurate communication to plan participants and stakeholders.

• Assist in the preparation and review of plan documents and amendments.

• Maintain thorough documentation of M&A-related plan activities, decisions, and compliance reviews.

• Support integration teams and project managers in developing and executing transition plans for affected retirement plans.

Monitor legislative and regulatory changes affecting retirement plans during M&A transactions and advise management accordingly.

Requirements

Required Skills/Abilities/Certifications:

• Ability to organize and lead meetings with clients, recordkeepers, advisors, and any other parties involved.

• Exceptional communication and interpersonal abilities, with a capacity to work effectively in cross-functional teams.

• Strong knowledge of IRS, DOL, and ERISA regulations related to retirement plans.

• Excellent analytical, organizational, and project management skills.

• Outstanding written and verbal communication abilities.

• Ability to work independently and collaboratively within a team environment.

• Detail-oriented with a commitment to accuracy and compliance.

Education and Experience:

• Preferred Bachelor's Degree in accounting, finance, communications, or related field (or equivalent experience).
• Minimum 3 or more years of experience in retirement plan administration, with specific expertise in M&A transaction support.
• Experience with plan mergers, terminations, and compliance testing.
• Experience using FTW and Pension Pro preferred.
• Proficient with Microsoft Office Suite applications, especially Outlook and Excel.
• Professional certifications such as QKS, QKA, or APA, and ASPPA/NIPA membership are a plus.