CNB Bank, Retirement Administrator

CNB Bank•Clearfield, PA

About The Position

Retirement Administrator is responsible for the oversight of Individual Retirement Accounts (IRA’s) and Health Savings Accounts (HSA’s) with regards to regulatory reporting, regulatory updates and daily management of the accounts. Responsible for the management of retirement staff (IRA Representatives, Specialists and Leads) to ensure all tasks are completed accurately, timely and within regulatory requirements for auditing. Below is a list of essential functions of this position. Additional responsibilities may be assigned in the position. KEY RESPONSIBILITIES Ensure all IRS Regulations are adhered to for IRA’s and HSA’s that are offered by CNB Bank and its family of banks. Oversight of all regulatory reporting for tax and withholding purposes to ensure CNB Bank compliance Management and training of all Retirement staff Ensure all training of IRA’s and HSA’s is coordinated with the Learning & Development team. Drive strategic goals for grow and shareholder value ATTITUDES Builds positive relationships with internal and external clients by valuing other's feelings and rights in both words and actions, and embracing other's unique beliefs, backgrounds, and perspectives by demonstrating: Respect : Speak with others with kindness, empathy and fairness Client Focus : Deliver consistent, high-quality service that builds trust and loyalty Inclusion : Encourage diverse viewpoints and contributions in decision-making collaboration BEHAVIORS Demonstrates strong business ethics and honest behaviors and the ability to positively influence and work with others to achieve excellent results by demonstrating: Leadership : Demonstrate ability to positively influence others to achieve Integrity : Demonstrate ethical judgement and accountability, fostering trust within the team and with our customers Collaboration : A mindset that values shared success over individual recognition Volunteerism : A recognized and visible presence in serving our communities COMPETENCIES Reflects skill, good judgement, positive conduct, and personal responsibility for assigned areas. Seeks to implement and leverage services and technologies that create efficiencies by demonstrating: Accountability : Personal responsibility for assigned areas and actions Innovation : Applies creative thinking and forward-looking solutions to drive continuous improvement and adapt to evolving challenges. Professionalism : Reflects skill, good judgement, and positive conduct SUPERVISORY RESPONSIBILITIES (if applicable) Supervisor drives strategic success from encouraging transparency, maintaining a focus on shared organizational goals, and making time for professional development. Supervisors are expected to hold regular one-on-ones with direct reports to provide them with an invaluable chance to align goals, offer guidance, and foster growth within their teams. Oversees Retirement Services Support to all front-line staff and support areas Development and succession planning for Retirement Services personnel POSITION LEVEL(S) EXPECTATIONS (if applicable) Retirement Administrator Officer Depending on years of experience and education AVP Retirement Administrator Depending on years of experience, education and certifications SEEKS PROFESSIONAL DEVELOPMENT OPPORTUNITIES Actively participate in expanding skill sets and career paths by attending training programs, workshops, certifications, and educational resources relevant to the role. Set stretch assignments and cross functional opportunities that foster growth and learning.

Requirements

A high school diploma or general education degree (GED) is required, with related experience and secondary education preferred.
Experience of 2 – 5 years in supporting or managing of retirement portfolio.
A background screening will be conducted.
Ability to read, comprehend, and interpret documents.
Possesses professional communication and interpersonal skills to write and speak effectively both one-on-one and before groups of clients or employees of the organization.
Ability to communicate to clients directly and effectively.
Ability to utilize telephone systems and possess good digital literacy including email, internet and intranet use.
Prior experience or the ability to learn core transaction system, retirement system, statement processing system, IRS reporting and any other computer programs pertinent to performing job duties.
Ability to add, subtract, multiply, and divide in all units of measure.
Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
Ability to solve challenging problems involving several variables in a standardized situation.

Responsibilities

Ensure all IRS Regulations are adhered to for IRA’s and HSA’s that are offered by CNB Bank and its family of banks.
Oversight of all regulatory reporting for tax and withholding purposes to ensure CNB Bank compliance
Management and training of all Retirement staff
Ensure all training of IRA’s and HSA’s is coordinated with the Learning & Development team.
Drive strategic goals for grow and shareholder value
Oversees Retirement Services Support to all front-line staff and support areas
Development and succession planning for Retirement Services personnel

Benefits

Medical, Dental, Vision & Life Insurance
401K with company match
Paid Time Off & Recognized Holidays
Leave policies
Voluntary Benefit Options (Life, Accident, Critical Illness, Hospital Indemnity & Pet)
Employee Assistance Program
Employee Health & Wellness Program
Special Loan and Deposit Rates
Gradifi Student Loan Paydown Plan
Rewards & Recognition Programs and much more!
Eligibility requirements apply.