MUFG · 14 hours ago
Retirement Programs & Benefits Operations, Assistant Vice President - TERM (15 months)
New York, NY
Full-time
Hybrid
Mid, Senior Level
$95K/yr - $118K/yrMitsubishi 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
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
MUFG (Mitsubishi UFJ Financial Group) is one of the world's leading financial groups.
Founded in 2001
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Greidy Puig
Vice President Finance- Business Unit CFO
Mark Fernandez
Vice President, Global Markets CFO Office
Recent News
2024-04-29
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