Vice-President, International Benefits

at  State Street

Who Are We Looking For?
The ideal candidate will be a benefit thought leader and seasoned professional with experience managing teams and benefits across the globe. Effectively partner with internal stakeholders within Global Human Resources, Finance, Procurement, and business leaders in the region, and ensure compliance with local benefits laws and regulations, as well as State Street vendor requirements. The successful candidate won’t be afraid to ‘roll up their sleeves’ and will be involved in all aspects of benefit management from operations to risk and compliance to strategy and planning; the person in this role must have the ability to think critically and work effectively in a matrix organization.
Why this role is important
The Vice President, International Benefits is part of the Global Human Resources (GHR) Benefits team and is responsible for the operational and strategic leadership, oversight, and management of the company’s benefits. In partnership with Head of Global Benefits, the individual in this role would develop short- and long-term benefit strategy across the region. Would guide the team’s execution of the benefit and wellbeing programs, including physical, emotional, and financial; in addition, the person in this role would also lead the design, delivery, and transformation of regional and global benefits plans, as well as employee engagement strategy.
Responsibilities

Specific responsibilities include:

• Manage regional team(s)
• Partner with international brokers and consultants
• Designing a benefits offering that attracts and retains employees, is compliant with local regulation and that effectively support State Street’s employee value proposition
• HR risk governance and compliance management.
• Vendor oversight including third party risk management
• ensure plan design and strategy are aligned to metrics and benchmarks and develop appropriate strategic recommendations
• Partner with the internal Finance and Accounting teams on management of plan financials and internal budget projections, and effectively manage costs of benefit programs
• Effectively partner with internal stakeholders (HR, Finance, Procurement, Legal, etc.)
• Oversee plan and program communications to ensure benefits are understood and valued
• Oversee benefit compliance and reporting requirements, including managing the preparation of any governance materials and lead presentations for governance committee meetings, as needed
• Oversee large-scale projects, including RFPs and transitions to new vendors, as well as due diligence and integration for corporate actions (e.g., mergers & acquisitions)
• Knowledge of Trust-based retirement plans as well as experience working with Trustee Boards

General Requirements

• 15+ years of experience with global benefit programs, including experience managing benefits within the region, strong knowledge of plan administration and compliance
• Experienced people, vendor and project manager
• Strong risk and compliance vendor oversight
• Highly organized, with the ability to prioritize, manage multiple tasks simultaneously and to work well under pressure and with little oversight
• Excellent analytical and problem-solving skills and an in-depth financial analysis background
• Strong presentation and project management skills, attention to detail, and an ability to communicate effectively throughout all levels of the organization
• Exceptional Microsoft Office skills, with a focus on Excel and PowerPoint, and a strong technical aptitude
• Strong oral and written communication skills. Fluency in written and oral English. Other language knowledge a plus.
• Ability to interact with all levels of employees, management and manage confidential information in a professional manner
• Flexible, " can do " attitude

State Street’s Speak Up Lin

• Manage regional team(s)
• Partner with international brokers and consultants
• Designing a benefits offering that attracts and retains employees, is compliant with local regulation and that effectively support State Street’s employee value proposition
• HR risk governance and compliance management.
• Vendor oversight including third party risk management
• ensure plan design and strategy are aligned to metrics and benchmarks and develop appropriate strategic recommendations
• Partner with the internal Finance and Accounting teams on management of plan financials and internal budget projections, and effectively manage costs of benefit programs
• Effectively partner with internal stakeholders (HR, Finance, Procurement, Legal, etc.)
• Oversee plan and program communications to ensure benefits are understood and valued
• Oversee benefit compliance and reporting requirements, including managing the preparation of any governance materials and lead presentations for governance committee meetings, as needed
• Oversee large-scale projects, including RFPs and transitions to new vendors, as well as due diligence and integration for corporate actions (e.g., mergers & acquisitions)
• Knowledge of Trust-based retirement plans as well as experience working with Trustee Board