Retirement Programs & Benefits Operations, Assistant Vice President - TERM (15 months) job opportunity at MUFG (Mitsubishi UFJ Financial Group).

Home Jobs In United States Of America Tag: Assistant Vice President - TERM (15 months) Retirement Programs & Benefits Operations, Assistant Vice President - TERM (15 months) position at MUFG (Mitsubishi UFJ Financial Group)


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MUFG (Mitsubishi UFJ Financial Group) Retirement Programs & Benefits Operations, Assistant Vice President - TERM (15 months)
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Assistant Vice President - TERM (15 months)

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degreeAssociate
loacation New York, NY, United States Of America
loacation New York, NY....United States Of America

Do you want your voice heard and your actions to count? Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details. Reporting to the US Head of Benefits, serve as consultant and technical expert in support of the Bank's retirement program including pension and retiree health benefits. Provide subject matter expertise to benefits and other HR staff. Manage complex and high-profile benefits related projects. Major Responsibilities: Responsible for providing expertise to management on the Bank's retirement programs. Duties include: 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%) Requires 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. Some programming experience desirable. The typical base pay range for this role is between $95,000 - $118,000 depending on job-related knowledge, skills, experience, and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes 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, and holidays. For more information on our Total Rewards package, please click the link below. MUFG Benefits Summary We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any. The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified. We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.

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