Public Pension Fund Administrator – Quiet Office Role

About the Company

Citizens Financial Group is one of the oldest and largest financial institutions in the United States. We provide a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations, and institutions. Our commitment to our communities and clients is at the heart of everything we do, fostering a stable and supportive environment for our employees and clients alike.

Job Description

We are seeking a highly organized and detail-oriented Public Pension Fund Administrator to join our team in Burlington, Vermont. This crucial role involves the meticulous administration and oversight of public pension fund operations, ensuring strict compliance with all regulatory requirements and contributing to optimal fund performance. The successful candidate will thrive in a quiet, focused office environment, playing a vital part in securing the financial future of public servants through diligent record-keeping, precise financial transactions, and comprehensive reporting.

Key Responsibilities

• Manage and maintain accurate and confidential records of pension fund participants and beneficiaries.
• Process pension benefits, distributions, and other financial transactions in a timely and accurate manner.
• Prepare detailed financial reports, statements, and reconciliations for internal and external stakeholders.
• Ensure strict compliance with all federal, state, and local pension regulations, statutes, and guidelines.
• Assist in the development, implementation, and refinement of fund policies and administrative procedures.
• Communicate effectively and professionally with fund participants, investment managers, actuaries, and regulatory bodies.
• Reconcile financial data, identify discrepancies, and resolve issues promptly.
• Participate in internal and external audits, providing necessary documentation and explanations.
• Stay informed about changes in pension laws and industry best practices.

Required Skills

• Strong analytical and problem-solving abilities with a keen eye for detail.
• Excellent attention to detail and a commitment to accuracy in all tasks.
• Proficiency in financial software and advanced skills in Microsoft Office Suite, especially Excel.
• Solid understanding of public pension fund administration principles and regulatory frameworks.
• Exceptional written and verbal communication and interpersonal skills.
• Demonstrated ability to work independently, manage multiple priorities, and meet deadlines in a quiet, focused office setting.

Preferred Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or a closely related field.
• Minimum of 3 years of experience in pension fund administration, preferably within the public sector.
• Relevant professional certifications such as CEBS (Certified Employee Benefit Specialist) or RPA (Retirement Plan Administrator).
• Knowledge of investment principles, financial markets, and actuarial concepts related to pension funds.

Perks & Benefits

• Comprehensive health, dental, and vision insurance coverage.
• Generous paid time off, including vacation, sick leave, and company holidays.
• 401(k) retirement plan with a competitive company match.
• Life and disability insurance for financial security.
• Tuition reimbursement program for continuous learning and career advancement.
• Employee assistance program offering support for personal and professional challenges.
• Extensive professional development and training opportunities.
• A supportive, stable, and focused work environment that values accuracy and dedication.

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