Compliance Specialist

Job Description

Title: Compliance Specialist

Company Name: Speedway Solutions Ltd.

Vacancy: 05

Age: 25 to 35 years

Job Location: Dhaka (ECB Chottor)

Salary: Negotiable

Experience:

• 2 to 5 years
• The applicants should have experience in the following business area(s): IT Enabled Service

• Bachelor/Honors

• Preferably Business Graduate (Finance/MIS/Accounting)

• 2 to 5 years
• The applicants should have experience in the following business area(s): IT Enabled Service

• Age 25 to 35 years

• Strong attention to detail and the ability to prioritize, manage tasks and meet in connection with business operations, including related qualified retirement plan compliance matters
• Must have strong analytical and organizational skills and the ability to perform multiple work assignments.
• Must have computer literacy including MS Word, Excel, Outlook function & operation.
• Must have excellent interpersonal and communication (both written and oral) skills.
• Ability to work independently with minimal supervision.
• Strong leadership and analytical skills

We are seeking a candidate with solid experience in 401(k) plan administration and a strong passion for building a long-term career in the U.S. retirement industry. Experience in Defined Benefit (DB) and Cash Balance (CB) plan valuation will be considered a significant advantage.

• Plan Administration: Manage day-to-day administration of assigned plans in accordance with plan documents and regulatory requirements. Maintain and update participant records, including eligibility, contributions, loans, and distributions. Process payroll data, deferral uploads, and contribution allocations accurately and on schedule.
• Compliance Support: Assist in annual compliance testing (ADP/ACP, Top-Heavy, 415, 410(b), etc.) and employer contribution calculations. Preparation of Form 5500 and related filings. Ensure plans remain in compliance with ERISA, IRS, and DOL regulations.
• Client Service & Communication: Serve as the primary point of contact for plan sponsors, client TPAs and financial advisors. Communicate clearly and professionally regarding compliance issues, deadlines, and data requirements.
• Plan Year-End & Recordkeeping: Gather and validate year-end census and plan data. Prepare annual valuation reports, participant statements, and plan summaries.
• Software Proficiency: Able to perform using Datair and FTWillams. Additional literacy in other software will be highly valued.
• Core Values: Demonstrate our core values—being an active employee, prioritizing quality, and maintaining reliability—in your daily actions, supporting our organizational culture.
• Confidential Data Handling: Protect, secure, and handle all confidential data appropriately to prevent unauthorized access, improper transmission, or unapproved disclosure that could harm the company or our clients.

Performance bonus

• Provident fund

• Weekly 2 holidays

• Fully Subsidized Lunch and Snacks

• Yearly Salary Review

• 2 Festival Bonus

• Yearly Bonus

• Annual Tour

• Medical Assistance