Job Description
Join the City of Albuquerque's Finance Department as a Pension Plan Administrator and play a pivotal role in safeguarding retirement benefits for our valued public servants. This urgent opening offers a competitive salary, comprehensive benefits package including a defined pension plan, and the opportunity to serve our community with integrity and expertise. We're seeking a detail-oriented professional to ensure the financial stability and regulatory compliance of our municipal pension programs.
The ideal candidate will thrive in a collaborative government environment, leveraging analytical skills to manage complex retirement plans while maintaining transparent communication with stakeholders. If you're passionate about public finance and ready to make an immediate impact, apply today to become part of our dedicated team.
Responsibilities
- Administer and oversee the city's defined benefit pension plans, ensuring compliance with ERISA, IRS regulations, and state laws
- Manage pension investments, financial reporting, and actuarial valuations in collaboration with external partners
- Process retiree benefit calculations, distributions, and member inquiries with exceptional accuracy
- Develop and implement pension policies, procedures, and governance frameworks
- Prepare comprehensive reports for city council, auditors, and regulatory bodies
- Conduct ongoing plan reviews and recommend improvements to enhance financial sustainability
- Coordinate with legal counsel, auditors, and investment advisors on pension-related matters
Qualifications
- Bachelor's degree in Finance, Public Administration, Accounting, or related field (Master's preferred)
- Minimum 5 years of pension plan administration or benefits management experience
- Deep knowledge of ERISA, IRS 401(a), 403(b), and New Mexico pension regulations
- Proficiency in pension administration software (e.g., Oracle, PeopleSoft) and financial modeling tools
- Strong analytical skills with ability to interpret complex financial data and actuarial reports
- Excellent written and verbal communication skills for stakeholder engagement
- CPA, CFA, or ASPA certification highly desirable
- Government/public sector experience strongly preferred