Empower
Empower
Empower is a financial services and fintech company focused on helping people and organizations build greater financial confidence. Its offerings span retirement planning, investment management, personalized financial guidance, and digital tools such as the Empower Personal Dashboard™, which brings financial information into one view. Serving more than 19 million Americans, Empower works with individual investors, workplace plan participants, plan sponsors, and financial professionals. The company also emphasizes diversity, equity, and inclusion alongside community-focused initiatives.

Associate Compliance Analyst, Retirement Plans

Review retirement plan data, testing, filings, and audits while supporting U.S. plan administration and regulatory compliance at Empower. The role is based in Bangalore, India, with a hybrid work arrangement.

Description

  • Review and validate financial and plan data.
  • Conduct nondiscrimination testing for retirement plans.
  • Prepare Form 5500 filings.
  • Carry out retirement plan audits.
  • Stay current on regulatory and compliance changes through ongoing learning.
  • Follow operational standards and service-level agreements, and help ensure they are met.
  • Learn and apply new processes in a fast-moving work environment.

Requirements

  • Two to three years of experience in a financial field.
  • Experience in the U.S. retirement industry is a plus.
  • Bachelor’s degree in any discipline.
  • Strong spoken and written communication skills.
  • Ability to communicate frequently with partners by email.
  • A proactive approach and willingness to learn independently.
  • Self-motivation.
  • Attention to detail and adaptability to change.
  • Strong analytical and problem-solving skills.
  • Ability to escalate issues to the appropriate level.
  • Working knowledge of employer-sponsored defined contribution retirement plans, especially 401(k) and 403(b) plans.
  • Understanding of plan features such as eligibility, employee deferrals, employer contributions, vesting, loans, distributions, rollovers, beneficiary provisions, and hardship withdrawals.
  • Ability to interpret 401(k) and 403(b) plan provisions and convert document language into operational and recordkeeping requirements.
  • Experience interpreting plan amendments and evaluating their effects on system configuration, participant administration, and downstream processes.
  • Awareness of IRS and ERISA requirements relevant to retirement plan administration.

Benefits

  • Flexible work environment.
  • Varied career paths.
  • Opportunities for internal mobility.
  • Support for purpose, well-being, and work-life balance.
  • Welcoming and inclusive work environment.
  • Volunteering opportunities.
  • Equal opportunity employer.

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