Savings Plans Specialist

Stellantis•Auburn Hills, MI

About The Position

As part of the Retirement & Savings Team (R&S) this role is responsible for assisting the Manager of Savings Plans in the day-to-day administration of all FCA defined contribution plans and financial wellness programs

Requirements

Bachelor’s degree in Finance, Business Administration, or related field
Minimum 5 years of experience in retirement plans, benefits administration, or defined contribution plan management (e.g., 401(k), 403(b))
Strong understanding of defined contribution plan design, compliance, and regulations (e.g., ERISA, IRS rules)
Deep understanding of data analytics and AI
Strong analytical skills with an ability to drive change using data
Ability to quickly analyze and interpret data
Adept at Microsoft 365
Aptitude for working in a fast-paced, entrepreneurial environment
Excellent organizational, written and verbal communication skills
Ability to professionally and effectively interact with all levels of union and management, including union benefit reps, represented and non-represented employees, and upper management
Ability to manage, execute, and deliver on multiple projects with competing priorities within established deadlines
Demonstrate maximum integrity with confidential information
Percent Travel: 0-20%

Nice To Haves

Advanced user of Microsoft 365 including experience with Power Platform tools such as Power Automate, Power BI, Power Apps
Experience with savings plan communications – design and execution of communications campaign.
Savings plan – Benefit Plan Audit experience
Knowledge of FCA systems and ability to run reports
Experience in the administration of qualified defined contribution plans and knowledge of ERISA and IRC
Experience with savings plan administration activities including contributions, distributions, loans, and enrollments
Knowledge of recordkeeping platforms and payroll integration processes

Responsibilities

Oversees daily administration of savings plans, ensuring regulatory compliance and supporting internal and external audits, employee communications, and plan design
Manage weekly, biweekly, and monthly funding and reconciliation of employee and employer contributions
Perform daily rate reconciliation to ensure accuracy
Lead monthly, quarterly, and annual audits for all savings plans
Coordinate with third-party vendors on plan administration and operations
Serve as liaison between ICT and Retirement & Savings, managing system issues across Payroll, PeopleSoft HR, and Workday
Respond to day-to-day employee inquiries related to savings plans
Support the Manager with data-intensive reviews for external audits, annual compliance testing, and vendor invoices
Collect and analyze data to support cash forecasting and budgeting for savings plans
Monitor and maintain automation tools for savings plan invoicing, including tracking, auditing, and payment processing
Oversee Retirement & Savings mailbox automation, ensuring accurate tracking and case status updates
Support UAW negotiations related to savings plans
Develop data visualization dashboards highlighting key savings metrics (e.g., participation and deferral rates)