Global Benefits Vice President

Ameriprise Financial

Location: New York City, New York, USA

Category: Human Capital

Salary: 220,000 - 270,000 USD / yearly

Full-time

Job Description

Oversee the strategic design, development, management compliance, and optimization of global employee benefit programs, including retirement and global pension plans, deferred compensation and equity programs, health, welfare and wellness programs, and our global employee recognition program.

Responsibilities

Provide strategic leadership and oversight to the global benefits team to ensure high caliber performance is consistently delivered to drive effective management of global employee benefit programs and achieve optimal organizational results.
Lead the strategy and design for all benefit programs. Monitor emerging trends and changes in business direction; incorporate plan changes as appropriate. Proactively drive benchmarking initiatives to influence program design to deliver innovative, relevant, competitive benefit programs that align with strategic and financial goals and result in high employee satisfaction.
Work with fiduciary committees to ensure execution of all compliance requirements and effective administration of programs maintained by either internal resources or through third party vendor organizations.
Provide oversight for benefit administration activities. Own strategic vendor relationships and ensure effective controls to manage risk and comply with company policies and procedures. Maintain strong relationships with internal partners in Tax, Legal, and Finance to assess and address emerging practices and applicable laws, regulations and SOX compliance issues.
Effectively oversee the budget associated with all benefit plans. Participate in vendor selection and provide ongoing oversight to vendor relationships. Monitor vendor performance to ensure high quality service delivery and results.
Responsible for ensuring comprehensive communication strategy for employees and plan participants to ensure understanding of the value of our plan and maximize employee engagement. Ensure key stakeholders receive timely information related to all programs.
Drive operational efficiency by identifying opportunities and implementing solutions to optimize the value of benefit programs.
Provide thought leadership and/or expertise to departmental and cross-organizational initiatives. Lead benefit plan due diligence related to merger and acquisition activities.

Qualifications

Master’s Degree or equivalent preferred.
10+ years related experience leading complex, global benefit teams ideally in a publicly traded or large diversified firm.
Depth of knowledge in benefits administration, including experience implementing broad changes in benefit programs. Knowledgeable of regulatory, tax, and legislative matters that impact benefit program design and/or administration.
Strong knowledge of all deferred compensation programs, including equity programs.
Ability to lead governance and legal compliance for all benefits plans; build effective, and collaborative relationships with tax, legal, finance and external vendors.
Demonstrated experience leading an integrated global team.
Experience presenting to independent Boards of Directors and C-Suite executives.
Strong written and verbal communication skills including ability to effectively discuss and influence technical benefit matters with senior leaders.
Strong financial and analytical skills for performing cost-benefit analysis and effectively managing benefit expense.

Why Join Us?

We're a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.