Job Description:
Job Title: International & EMEA Benefits Manager
Corporate Title: VP
Location: London
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
The Team
• An SME team of 10 based in the UK and France, responsible for design
governance and some service delivery of plans across EMEA.
• Working with partners such as payroll, global mobility and HRSC as well as
external HR and Tax partners.
• The Team won an award in 2024 as Best Healthcare and Wellbeing Strategy -
Large Employer by EB Awards
• Role development through the bank’s L&D and talent programs as well as
SME training with Partner organizations.
Provides high level analytical support for the successful design, delivery, financial mgmt, communication and/or administration of one or more of the health & welfare, work/life and retirement programs for the Bank. Will directly consult with business managers in the development of these products. Provides coaching to less experienced analysts.
Responsibilities:
Working within the EMEA Compensation and Benefits team, the EMEA Benefits
team are responsible for the design and governance of benefits plans, programs and policies across the EMEA Region.
• Working within an SME Team of Benefits professionals and qualified actuaries,
you will be responsible for the governance and management of some of the
bank’s local and regional benefits programs within EMEA. You will be partnering
with EMEA HR Generalists, in-country vendors and other stakeholders in the
design and governance of our benefits that support the physical, financial, and
emotional wellness of employees.
• You will have responsibility of established governance routines applicable to the
benefit programs you will own, ensuring the effective management of various
risks associated with the benefit programs. You will also look for opportunities
to mitigate these risks within the bank’s governance framework.
• You will also be responsible for the bank’s international benefit programs
provided to its assignees, expatriates and third country nationals, partnering with
the US Benefits team to ensure plans are effectively delivered, communicated,
and governed. You will work with the wider Benefits and Pensions leads to
ensure the effective cover of host country benefits during assignment.
Additionally, you will be responsible for the governance and management of legacy international pension plans based offshore. You will work with Trustee and Tax advisors to ensure compliance, governance and risk management.
Sought: -
Excellent communication skills with the ability to simplify complex principles.
• You will be highlight numerate and analytical with in-depth experience in Excel and other software and tools.
• Confidence and experience in consulting with senior partners of the bank with the ability to delivery complex benefits solutions, using creativity and problem solving.
• A risk-attuned mindset, with an in depth understanding of benefits governance and ability to adhere to internal governance models in the management of programs.
Excellent project management skills with the ability to develop project frameworks and keep all stakeholders informed.
• Confident stakeholder management with the ability to work with consultants and vendors to deliver quality support to the bank and employees.
• A team player with the ability to collaborate with partners and stakeholders across HR and outside of HR.
• Exceptional attention to detail.
Skills:
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
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