Expert (Pension Contract Accounting)

Responsibilities:

• Collection of pension funds participants' payments and assigning them to the appropriate pension account, deduct contribution fee from incoming payments, adding new subscribed units to the appropriate participant's pension account; 
• Converting the participants' pension fund units into cash, making relevant deductions of exit fees and/or taxes, making cash pay-outs for redeemed units, prepare and execute cash transfers related to pension Fund switches and pay-outs to participants or other pension management companies;
• Handling lists of pension funds participants and persons receiving pension pay-outs in PIFAS system in line with legal and regulatory requirements and internal procedures; 
• Making data exchanges between FTP servers and communicating with The State Social Insurance Fund (SODRA) regarding 2nd pillar Pension Funds registration, termination, execution and amendment; 
• Performing transfers of accrued contribution fee, exit fee, income tax, capital gain tax amounts in transit funds accounts after participants subscription and redemption operations to Pension Funds target accounts; 
• Consulting Luminor customers' facing employees regarding operations related issues;
• Providing pension contract information  and transaction data to Pension Management Company when requested;
• Providing information to Auditors and FSA and other authorized parties. 

Skills and Experience:

• University, College degree in business, finance or banking;
• Interest in Pension Fund accounting area or Mutual Fund Transfer Agent area (knowledge in these areas will be considered as advantage);
• High responsibility, preciseness and accuracy; 
• Good communication and self-expression skills; 
• Able to handle several tasks at the same time, result orientation; 
• Proactive work approach and fast learning ability;
• Lithuanian language skills.

Why Luminor? What we can offer you:

• Dynamic and International working environment that is filled with interesting challenges and opportunities as we build and innovate a new bank together
• Varied opportunities to support your professional and personal development and growth
• A competitive benefits package in addition to your salary
• An additional benefits package for employees after 1 year in the company, which includes additional days of vacation
• A collaborative and supportive team where you can create and implement ideas
• A salary range for this position starting from 1550 EUR (Gross*), which is to be determined depending on the level of experience and competencies of the selected candidate

Application deadline is 2021.03.10

In case of questions please feel free to contact: the hiring manager Robert.Anuskevic@luminorgroup.com or our HR representative Vikante.Rackauskaite@luminorgroup.com