Retirement Programs & Benefits Operations, Assistant Vice President - TERM (15 months) jobs in United States
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MUFG · 11 hours ago

Retirement Programs & Benefits Operations, Assistant Vice President - TERM (15 months)

Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups, striving to make a difference for every client, organization, and community they serve. The selected colleague will serve as a consultant and technical expert in support of the Bank's retirement program, managing complex benefits related projects and providing expertise to management on retirement programs.

Financial Services

Responsibilities

Responsible for providing expertise to management on the Bank's retirement programs
Interpreting plan provisions; Recommending assumptions and coordinating with internal staff and external providers to complete pension administration tasks including complex pension and supplemental benefits calculations, analyses and related processes for individuals or groups of individuals, including executives. (35%)
Provide quality control for pension and retiree health administration work product, including work produced by outside administrators and system generated calculation results; ensure conformance with departmental desk procedures; identify internal and cross functional process improvement opportunities and recommend solutions (35%)
Independently manage complex benefits related projects; develop and implement project plans and timelines. Prepare analyses and presentations to assist management in decision making relative to benefit plan design and operation. (15%)
Draft written communications relating to benefits matters including letters to plan participants, attorneys, and survivors. Provide direction to benefits staff; resolve participant inquiries and escalated benefit issues based on independent analysis of plan provisions and applicable laws; (10%)
Stay abreast of industry best practices and legal requirements and keep management informed of changes. (5%)

Qualification

Defined benefit pension plansDefined contributions retirement programsProject managementAnalytical skillsMS ExcelHR information systemsSQL-based query toolsActuarial conceptsSocial SecurityMedicareERISAIRS regulationsDOL regulationsPBGC regulationsHIPAA regulationsAttention to detailCommunication skills

Required

Direct work experience focused on defined benefit pension plans and defined contributions retirement programs
Preferred degree from a four-year college (e.g., B.A., B.S.)
Proven track record demonstrating results-oriented project management, attention to detail and analytical skills
Familiarity with actuarial concepts, Social Security, Medicare, and funding concerns
Experience with regulatory environment: ERISA, IRS, DOL, PBGC, HIPAA etc
Advanced skills with standard desktop applications, including MS Excel and Access required
Experience with HR information systems and benefits related technology including third party report writers and SQL-based query tools

Preferred

Some programming experience desirable

Benefits

Comprehensive health and wellness benefits
Retirement plans
Educational assistance and training programs
Income replacement for qualified employees with disabilities
Paid maternity and parental bonding leave
Paid vacation
Sick days
Holidays

Company

MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups.

Funding

Current Stage
Late Stage

Leadership Team

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Greidy Puig
Vice President Finance- Business Unit CFO
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Mark Fernandez
Vice President, Global Markets CFO Office
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Company data provided by crunchbase