AVP, Retirement Plans - Newark NJ

Federal Reserve Bank • Newark, NJ

408d • Hybrid

About The Position

The AVP, Retirement Plans position at the Federal Reserve Bank of Atlanta involves leading a team responsible for the strategy, design, vendor management, and administration of Benefits Plans for the Federal Reserve System. This role is crucial in ensuring the effective management and oversight of various benefit programs, contributing to the overall mission of promoting economic stability and efficiency. The position requires a strategic approach to benefit plan management, including analyzing market data and providing leadership to other professionals in the Office of Employee Benefits.

Requirements

• Proven experience in benefits plan management and administration.
• Strong leadership skills with the ability to manage and develop a team.
• Excellent analytical skills to assess market data and competitive positioning.
• Experience in vendor management and strategic planning for benefits programs.
• Knowledge of defined contribution and defined benefit plans.

Nice To Haves

• Experience in the financial services industry.
• Familiarity with federal regulations related to employee benefits.
• Advanced degree in a related field.

Responsibilities

• Effectively manage staff resources to ensure alignment with FRS strategic direction.
• Responsible for the management, ongoing administration, and strategic direction of the Federal Reserve's 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 long-term results by studying and evaluating benefit trends and the environmental landscape to analyze all assigned benefit plans and make vendor recommendations.

Benefits

• Tuition assistance
• Generous paid time off
• Top-notch health care benefits
• Child and family care leave
• Professional development opportunities
• 401(k) match
• Pension
• Flexible work environment

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Industry: Monetary Authorities-Central Bank
• Education Level: No Education Listed