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  • AVP, Retirement Plans

    Federal Reserve Bank (Newark, NJ)



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    Company

     

    Federal Reserve Bank of Atlanta

     

    As an employee of the Atlanta Fed working for the Office of Employee Benefits (OEB) in Newark, NJ, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

     

    We are a dynamic environment that requires days in the office. In office requirements, as amended from time to time, are an essential function of the position.

    General Summary:

    You will be working in Newark, N.J. for the Office of Employee Benefits (OEB), a division of the Federal Reserve Bank of Atlanta, and will lead a team of professionals responsible for the strategy, design, vendor management and administration of Benefits Plans for the Federal Reserve System (FRS).

     

    The OEB is responsible for the administration of the FRS benefits programs, supporting a broad benefits strategy. Accountable for development, oversight, administration, communication, and measurement of these benefits programs. You will analyze market data to assess competitive positioning and manage benefit programs, vendors and processes. You will be part of the OEB plan administration leadership team responsible for providing oversight, strategic direction and development opportunities for other People Leaders and experienced professionals. You will report to the SVP Plan Administration.

     

    **Location:** You must live within commuting distance of the Newark, N.J. office.

    Key** **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. Recommend benefit plan design & enhancements, communicate developments in the benefits marketplace, and continue to be well versed in industry best practices - leveraging information to make strategic recommendations.

    + Advise, educate, and influence others across the Federal Reserve System and cross functionally within the OEB on various benefit program topics including plan design, new benefit programs, regulatory changes and policies and procedures.

    **Education:** Bachelor's Degree or 4 years equivalent experience; Master's Degree preferred

    Experience:

    + Eight plusyearspreferred

    + Broad management and people leadership skills

    + Comprehensive experience in benefits program design and administration and understanding of assigned benefits plans

    Managerial** **Competencies

    + Communicates Effectively

    + Displays Interpersonal Savvy

    + Demonstrates Decision Quality

    + Develops and Engages Talent

    + Ensures Accountability

    + Exhibits Courage

    + Reflects a Strategic Mindset

    + Values Differences

    Our total rewards program offers benefits that are the best fit for you at every stage of your career:

    + Comprehensive healthcare options (Medical, Dental, and Vision)

    + 401K match, and a fully funded pension plan

    + Paid vacation and holidays; flexible work environment

    + Generously subsidized public transportation

    + Education Assistance Program

    + Professional development programs, training and conferences

    + And more…

     

    _This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments)._

     

    _The Federal Reserve Bank of Atlanta is an equal opportunity employer._

     

    Full Time / Part Time

     

    Full time

     

    Regular / Temporary

     

    Regular

     

    Job Exempt (Yes / No)

     

    Yes

     

    Job Category

     

    Human Resources Family Group

     

    Work Shift

     

    First (United States of America)

     

    _The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences._

     

    Always verify and apply to jobs on Federal Reserve System Careers ( https://rb.wd5.myworkdayjobs.com/FRS ) or through verified Federal Reserve Bank social media channels.

     

    Privacy Notice (https://www.kansascityfed.org/documents/7797/Workday\_Privacy\_Notice.pdf)

     


    Apply Now



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