Patrick Ashman Email & Phone Number

Malvern, Pa

Manage and develop a team of employees responsible for 3 distinct work streams - 1) Nonqualified Deferred Compensation Enrollment Project Leads; 2) Technical Support Administrators; and 3) Data Governance Administrators. In addition to managing my team, I act as a subject matter expert for 409A failures and other nonqualified plan consulting engagements. Finally, I am a key member of the project team responsible for transitioning Vanguard's nonqualified deferred compensation record keeping… Show more Manage and develop a team of employees responsible for 3 distinct work streams - 1) Nonqualified Deferred Compensation Enrollment Project Leads; 2) Technical Support Administrators; and 3) Data Governance Administrators. In addition to managing my team, I act as a subject matter expert for 409A failures and other nonqualified plan consulting engagements. Finally, I am a key member of the project team responsible for transitioning Vanguard's nonqualified deferred compensation record keeping business to Newport Group, a third party vendor. My duties and responsibilities include hiring new employees, providing guidance, training, and motivation as necessary to develop staff by providing feedback in real time setting, monthly one on one meetings, midyear and yearend reviews. Provide performance management as well as any disciplinary actions in accordance to Vanguard's Human Resource policies. Provide merit and bonus recommendation based on employee performance. Drive productivity and increase efficiency by reducing redundant and inefficient workflows. I reorganized enrollment window project timeline to allow for smoother distribution of annual work and strengthen relationship with key internal partners. I work closely within the Nonqualified Plan Service department management team to develop staffing and operational plans as it relates to current state as well as future state where the business has transitioned to the new third party vendor. Future state planning includes staff drawdown and placement as well as termination of daily operations. Provide consultative support to external and internal clients regarding 409A corrections, including drafting of corrective procedures, settlement letters and execution of corrections. Build strong internal relationships needed to support transition project. Aligned with key business areas to ensure successful transition to Newport Group. Worked directly with Newport to establish new services. Show less

Malver, Pa

Supervises Nonqualified Plan Services Data Governance and Plan Audit teams. Provides guidance, training and motivation as necessary to develop staff. Hires, evaluates, and counsels personnel. Follows corporate disciplinary procedures per established Vanguard standards when necessary. Sets performance, reviews performance, provides feedback, recommends wage increases in accordance with all applicable Human Resources policies and procedures. Resolves daily problems elevated by staff. Identifies… Show more Supervises Nonqualified Plan Services Data Governance and Plan Audit teams. Provides guidance, training and motivation as necessary to develop staff. Hires, evaluates, and counsels personnel. Follows corporate disciplinary procedures per established Vanguard standards when necessary. Sets performance, reviews performance, provides feedback, recommends wage increases in accordance with all applicable Human Resources policies and procedures. Resolves daily problems elevated by staff. Identifies source of problem/issue and offers solutions to handle current situation and avoid future incidents. May notify clients as needed based on the extent and scope of the problem. Tracks department statistics. Gathers, compiles, analyzes information on operations, identifying trends and potential impact on business. Recommends changes to department policies and procedures. Delegates and monitors work. Ensures deadlines are met for all assigned projects. Show less

Malver, Pa

Performed and reviewed accurate compliance testing and analysis functions for Vanguard's defined contribution compliance testing clients. Established and maintained relationships and communicated with internal and external clients at various levels to perform compliance related tasks, discuss compliance related issues and communicate compliance test results. Assisted management in the oversight and coaching of a team of administrators in the performance of compliance testing and analysis and… Show more Performed and reviewed accurate compliance testing and analysis functions for Vanguard's defined contribution compliance testing clients. Established and maintained relationships and communicated with internal and external clients at various levels to perform compliance related tasks, discuss compliance related issues and communicate compliance test results. Assisted management in the oversight and coaching of a team of administrators in the performance of compliance testing and analysis and testing responsibilities. Developed and maintained technical skills and regulatory knowledge consistent with compliance testing functions. Show less

Malvern, Pa

Performed accurate compliance testing and analysis functions for Vanguard's defined contribution compliance testing clients. Communicated with external and internal clients at the appropriate levels to perform compliance testing related tasks. Developed and maintained technical regulatory knowledge required to perform the testing functions.