ESOP Payment Specialist II at Blue Ridge Associates

Charlottesville, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

12 Jan, 26

Salary

0.0

Posted On

14 Oct, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

ESOP, 401(k), Distribution Processing, Beneficiary Payments, QDROs, Forceouts, Plan Document Interpretation, Microsoft Office, Attention To Detail, Time Management, Organizational Skills, Communication, Critical Thinking, Problem Solving, Training Others

Industry

Financial Services

Description

Description Where Technical Expertise Meets Purpose-Driven Impact Use your ESOP knowledge to help employees across the country build financial independence. At Blue Ridge Associates, we don’t just administer retirement plans — we help people build lasting financial security. Through Employee Stock Ownership Plans (ESOPs) and 401(k) services, we empower employees across the country to take ownership of their financial futures. We’re proud to be one of the top ESOP administration firms in the nation, serving a diverse range of companies that believe in sharing success with their people. That’s Where You Come in as an ESOP Payment Specialist II We are seeking a seasoned and detail-oriented retirement plan professional to join our ESOP Payments Team. This position plays a critical role in ensuring the accurate, compliant, and timely processing of ESOP benefit distributions. The ideal candidate brings experience with ESOP or 401(k) distribution operations, including handling beneficiary payments, forceouts, QDROs, and interpreting plan documents. You will be trusted with reviewing complex distribution scenarios, providing guidance to junior team members, and serving as a resource on best practices in distribution compliance. Essential Functions Manage the end-to-end distribution process for ESOP plans, including: o Participant communications o Distribution form preparation o Opening and closing payment windows o Processing check reissues Review distribution work completed by peers and provide constructive feedback. Conduct quality assurance checks on participant elections and payment batches. Read and interpret plan documents and amendments to ensure distribution rules are applied accurately. Resolve complex distribution scenarios, including: o Beneficiary payments o Qualified Domestic Relations Orders (QDROs) o Required Minimum Distributions (RMDs) o Forceouts and forfeiture rules Collaborate with compliance and plan consulting teams to resolve nuanced payment issues. Respond to participant inquiries with professionalism, clarity, and accuracy. Support ongoing process improvements and assist with internal documentation. Requirements Skills & Abilities Direct experience with processing plan distributions, including: o Beneficiary payments o QDROs o Forceouts o Interpretation of plan documents Proficiency in Microsoft Office (Excel, Word, Outlook); intermediate Excel skills required. Exceptional attention to detail with strong time management and organizational skills. Effective written and verbal communication; professional phone and email etiquette. Ability to work independently and manage multiple priorities in a deadline-driven environment. Strong critical thinking and problem-solving abilities. Experience reviewing or training others on distribution work is a plus. Education & Experience Associate’s degree required; Bachelor’s degree strongly preferred. Minimum of 3 years of experience with defined contribution plan (401(k) experience required; ESOP experience highly preferred). Why You’ll Love Working Here as an ESOP Payment Specialist II You’ll join a company that works hard and supports one another — while doing work that truly matters. We offer: · Remote-first work culture with in-office options (VA, MD, OH, IL, CA, MN) · Competitive salary & comprehensive benefits (medical, dental, vision, life, disability) · 401(k) with company match + HSA with contribution · Generous PTO for parental leave, vacation and holiday time · Support for certifications, association dues, and professional growth · Company culture built on community: happy hours, social events, committee opportunities, and volunteer opportunities to make a difference Join Us as We Build Wealth for Generations Everything we do is driven by our vision. We see a future where more people achieve financial independence, enjoy meaningful retirement, and leave a legacy. To get there, we live by our values every day: · Precision – Accurate records, timely and error-free service. · Efficacy – We ensure compliance, support communication, and guide participants toward retirement readiness. · Advocacy – We champion regulatory and legislative change that benefits employers and employees. · Collaboration – Trusted partners to clients, advisors, and teammates alike. · Excellence – We bring personalized, proactive, high-touch service to everything we do. This is more than a job. It’s your chance to create lasting impact — for your career, for your clients, and for the people whose futures you work to shape every day. Apply now and make a career out of making a difference! Equal Opportunity Employer Must be authorized to work in the US.

Responsibilities

The ESOP Payment Specialist II manages the end-to-end distribution process for ESOP plans, ensuring accurate and compliant processing of benefit distributions. This role involves reviewing complex distribution scenarios and providing guidance to junior team members.