AVP Retirement Plans - Newark NJ
AVP Retirement Plans - Newark NJ
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Job Description
Company
Federal Reserve Bank of AtlantaAs an employee of the Atlanta Fed working for the Office of Employee Benefits (OEB) in Newark NJ you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast the United States and the world. The work we do here is important and how we do it is just as important as what we do. We live our values of integrity excellence and respect every day. We do the right thing we do things right and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.General Summary:
You will be working in Newark N.J. for the Office of Employee Benefits (OEB) a division of the Federal Reserve Bank of Atlanta and will lead a team of professionals responsible for the strategy design vendor management and administration of Benefits Plans for the Federal Reserve System (FRS).
The OEB is responsible for the administration of the FRS benefits programs supporting a broad benefits strategy. Accountable for development oversight administration communication and measurement of these benefits programs. You will analyze market data to assess competitive positioning and manage benefit programs vendors and processes. You will be part of the OEB plan administration leadership team responsible for providing oversight strategic direction and development opportunities for other People Leaders and experienced professionals. You will report to the SVP Plan Administration.
In addition tocompetitive compensation we offer a comprehensive benefits package that includes tuition assistance generous paid time off topnotch health care benefits child and family care leave professional development opportunities a 401(k) match pension and more. All brought together in a flexible work environment where you can truly find balance.
We are a hybrid work environment.
Location: You must live within commuting distance of the Newark N.J. office.
Key Responsibilities:
- Effectively manage staff resources to ensure alignment with FRS strategic direction.
- Responsible for the management ongoing administration and strategic direction of the Federal Reserves defined contribution defined benefit and executive benefits plans.
- Provide leadership and oversight development opportunities and strategic direction to other People Leaders and experienced benefits professionals. Perform personnel management functions such as hiring staff development employee performance appraisals compensation decisions and other personnel actions.
- Provide strategic direction for longterm results by studying and evaluating benefit trends and the environmental landscape to analyze all assigned benefit plans and make vendor recommendations. Recommend benefit plan design & enhancements communicate developments in the benefits marketplace and continue to be well versed in industry best practices leveraging information to make strategic recommendations.
- Advise educate and influence others across the Federal Reserve System and cross functionally within the OEB on various benefit program topics including plan design new benefit programs regulatory changes and policies and procedures.
Education: Bachelors Degree or 4 years equivalent experience; Masters Degree preferred
Experience:
- Eight plus years preferred
- Broad management and people leadership skills
- Comprehensive experience in benefits program design and administration and understanding of assigned benefits plans
Managerial Competencies
Communicates Effectively
Displays Interpersonal Savvy
Demonstrates Decision Quality
Develops and Engages Talent
Ensures Accountability
Exhibits Courage
Reflects a Strategic Mindset
Values Differences
This is not necessarily an exhaustive list of all responsibilities duties performance standards or requirements efforts skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies rush jobs change in workload or technological developments).
The Federal Reserve Bank of Atlanta is an equal opportunity employer.
Full Time / Part Time
Full timeRegular / Temporary
RegularJob Exempt (Yes / No)
YesJob Category
Work Shift
First (United States of America)The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.
Required Experience:
Exec
Employment Type
Full-Time
