Director Of Benefits

Company: The Depository Trust & Clearing Corporation (DTCC)
Location: Jersey City
Posted on: June 20, 2022

Job Description:

*This position is hybrid and open to candidates in Jersey City, NJ*Are you ready to explore a world of possibilities? Join our DTCC family, and you'll grow your expertise and become the best version of you. As you embark on a new journey, you'll tackle challenges with flexibility and grace, learning new skills and advancing your career while having the time of your life.The Total Rewards function is responsible for the design, implementation and communication of all compensation, benefits and total rewards initiatives globally; Total Rewards partners closely with HR teams in Talent Acquisition, HRBPs, Employee Relations, HR Tech and Operation, and Talent and Development to create an inclusive environment where people can reach their potential, build competitive advantage, and drive bottom line resultsPosition Summary: Accountable for all aspects of employee benefits, including planning, design, implementation and administration globally, in order to support business objectives, and attract and retain talent.Responsibilities:

• Leads a team of benefits professionals to design and implement benefits processes and programs globally to ensure regulatory compliance, market competitiveness and internally consistency as appropriate.
• Assesses competitiveness of the existing benefits programs in health welfare, wellbeing and retirement; identifies, recommends and implements changes as appropriate.
• Builds strong partnership and collaborates with all levels across the company to ensure benefits strategies align with and support organizational business and HR strategies.
• Oversees the global benefits brokerage relationships, including renewals with local resource, market competitiveness studies, re-marketing efforts, cost reviews and regulatory compliance.
• Oversees vendor relationship and balances partnership and customer/client relationship to proactively address issues and drive optimal employee experience.
• Focuses on robust global wellbeing programs that connect the employee to the company and community, provide education for physical, mental and financial wellness and improve employee engagement.
• Communicates policies, practices and guidelines effectively to all levels of the organization including senior executives.
• Provides consultative subject matter expertise, advice, and guidance regarding benefits matters to the senior executives, leaders, and human resources.
• Develops and delivers strong implementation and change management plans for new and existing program enhancements or changes.
• Ensures on-going audits for internal compliance, enterprise governance, ensuring adherence to local and federal statutes and laws.
• Motivates and develops the team, delegates effectively and manages performance effectively.
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately as needed.Qualifications:
  • 15+ years of benefits experience, including a minimum of 8 years in leadership roles; preferably in a multinational environment.
  • Bachelor's degree or equivalent combination of related technical benefits functional experience.
  • Ability to develop benefits strategies and plans that are aligned with overall business strategy.
  • Knowledge of benefits practices and industry trends.
  • Sound business acumen and well-developed assessment, judgment and critical thinking abilities.
  • Strong verbal and written communication skills with ability to effectively develop and implement programs, policies, and procedures, across the organization at all levels.
  • Ability to lead and manage multiple priorities, and transition seamlessly between day-to-day tactical activities and broader strategy
  • Ability to translate data into trends and insights that drive higher level of thinking and quality of decision making.
  • Excellent project management, problem solving and negotiation skills.
  • Ability to manage vendor relationships, balancing good partnership and driving results.
  • Excellent collaboration and consulting skills at all levels of an organization with an ability to guide, coach and influence others.
  • Proven experience in leading and developing people.

Keywords: The Depository Trust & Clearing Corporation (DTCC), Jersey City , Director Of Benefits, Executive , Jersey City, New Jersey