Senior Corporate Counsel, Benefits and Executive Compensation
Princeton, NJ - USA
Job Summary
At Bristol Myers Squibb our employees often ask Who are you working fora question that fuels collaboration accountability and urgency in our work. Our purpose-driven culture inspires us to discover develop and deliver innovative medicines to prevail over serious diseases. We offer uniquely interesting and meaningful work opportunities for growth and a supportive environment that values inclusion wellbeing flexibility and comprehensive benefits. This is work that transforms the lives of patients and the careers of those who do it.
The Senior Corporate Counsel Benefits and Executive Compensation will provide legal counsel on employee benefits executive compensation and related compliance with ERISA the Internal Revenue Code and other applicable laws. This role supports key governance functions related to employee benefits and executive compensation including plan design compliance and fiduciary oversight and contributes to integration efforts during M&A transactions.
- Provide legal guidance on employee benefits and executive compensation matters including health & welfare qualified DB and DC and non-qualified deferred compensation plans and related fiduciary obligations.
- Support plan various re-design initiatives including drafting and reviewing amendments coordinating with internal stakeholders/external counsel and ensuring compliance with ERISA and the Internal Revenue Code.
- Support Employment Law and HR policy teams with interpretation and design of severance plan and claims.
- Work with Corporate Governance and Treasury teams with required SEC disclosures including proxy Form 10-K and Form 11-K as relating to compensation and benefit plans.
- Review and advise on DOL/IRS filings and disclosures including Form 5500 and PBGC-related documentation.
- Draft bonus and equity compensation award agreements and/or communications and support implementation.
- Assist with review of vendor agreements including coordination with procurement and compliance teams.
- Support fiduciary governance including preparation of committee meeting minutes and training materials.
- Support integration efforts in connection with M&A transactions including transitioning employees to company plans and ensuring alignment with internal policies and external legal requirements.
- 10 years of legal experience in employee benefits executive compensation and related fiduciary governance.
- J.D. from an accredited U.S. law school and license to practice law in the U.S.
- Expertise in ERISA HIPAA Internal Revenue Code (including section 409A) and other regulatory frameworks governing qualified and non-qualified plans (e.g. 401(k) pension NQDC).
- Strong judgment communication and cross-functional collaboration skills.
- Experience supporting senior leadership and corporate transactions.
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We hire for skills and capabilities not just credentials if this role excites you but doesnt perfectly match your resume we encourage you to apply anyway.
Compensation Overview:
The starting pay range(s) listed above is for full-time employees (FTE). You may also be eligible for additional discretionary incentive cash and stock opportunities. We determine starting pay thoughtfully carefully considering the nature of the role required skills work location schedule and the knowledge and experience you bring. Final compensation is guided by pay equity principles and applicable employment laws. Compensation programs are reviewed on an ongoing basis and may be adjusted over time to reflect evolving market factors and individual team or Company performance.
Benefits:
Subject to the terms and conditions of the applicable plans then in effect you may be eligible to participate in our comprehensive benefit plans including wellbeing support retirement and financial protection benefits and insurance offerings (medical dental vision life and disability).
U.S.-based exempt employees are eligible for Flexible Time Off (FTO) which provides paid time off without a set accrual limit subject to manager approval along with 11 paid company holidays each year.
Non-exempt employees RayzeBio employees and employees located in Puerto Rico receive 160 hours of paid vacation annually for new hires (subject to manager approval) 11 paid company holidays and 3 optional holidays.
Depending on eligibility employees may also have access to additional time-off benefits including paid sick leave up to two paid volunteer days per year summer hours flexibility and leaves of absence for medical personal parental caregiver bereavement or military needs. Eligible employees also enjoy an annual Global Shutdown between Christmas Day and New Years Day.
U.S.-based job seekers can explore full benefit offerings at We Work
Where you work matters because collaboration innovation and patient impact happen in many settings. Our roles are structured across four work models: site-essential site-by-design field-based and remote-by-design. The model assigned to this role is based on its core responsibilities. Learn more at People with Disabilities
BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process reasonable workplaceaccommodations/adjustmentsand ongoing support in their roles. Applicants can request a reasonable workplaceaccommodation/adjustmentprior to accepting a job offer. If you require reasonableaccommodations/adjustmentsin completing this application or in any part of the recruitment process direct your inquiries to. Visit access our complete Equal Employment Opportunity statement.
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R: Senior Corporate Counsel Benefits and Executive Compensation
Required Experience:
Senior IC
About Company
Bristol-Myers Squibb is a global biopharmaceutical company focused on discovering, developing and delivering innovative medicines for patients with serious diseases. Our medicines are helping millions of patients around the world in disease areas such as oncology, cardiovascular, immu ... View more