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Benefits Manager, 401k Plan

First Data Omaha, NE
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Job Description

Description

 

First Data is a global leader in commerce-enabling technology solutions, serving more than six million business locations and 4,000 financial institutions in 118 countries around the world. Our 23,000 owner-associates are dedicated to helping companies, from start-ups to the world's largest corporations, conduct commerce every day by securing and processing more than 2,300 transactions per second and $1.9 trillion per year. First Data is committed to staying at the forefront of our industry, and we are innovating a wide range of next-generation commerce technology solutions to help our clients better detect fraud, gain insights into consumer spending patterns and build customer loyalty. There are many exciting opportunities for talented individuals who would like to join our team and play a meaningful role in helping us shape the future of global commerce.


First Data's Shared Services organization, which includes the Human Resources, Finance, Legal, Marketing, Communications, Finance, Strategy, Compliance, Legal, Security, Sourcing, and Properties functions, supports our mission to drive our clients' success with industry-leading solutions, consultative advice and service. The Shared Services teams align with our customer-facing teams in a model that drives consistency, yet also provides the flexibility needed to meet unit-specific goals. Our Shared Services employees bring the domain expertise that helps First Data retain and grow our base of owner-associates, drive profitable growth, navigate complex channel partnerships, and build First Data's brand equity.


Position Description Overview


Reporting to Vice President of Employee Benefits, has overall management responsibility for daily administration, funding, communication and compliance of the companys defined contribution plan. Will partner with vendors, HR Business Partners, Payroll, Treasury as well as other internal and external stakeholders across the company to ensure the delivery of services for each plan.


Job Responsibilities

  • Manage multiple vendor relationships ensuring the terms and conditions of the contracts are met. 
  • Manage and control accurate Plan data within systems of record, vendor interfaces and data transmissions. Management of all funding on a consistent and timely basis. 
  • Problem resolution of identified issues in a timely manner to insure all benefits are administered accurately; liaison between the Service Center, vendors, payroll, operations, legal and other departments to resolve issues. 
  • Ensures compliance with provisions under ERISA, IRS, DOL, and other statutory legislation; managed preparation of reports and applications required by law to be filed with all government & regulatory agencies. 
  • Direct the activities associated with the maintenance of benefit related compliance and document reporting and filing for all plans and trusts. 
  • Develop partnerships with departments and agencies. 
  • Lead coordination of Plan audits. Draft and review all Plan required communications and required plan notifications to participants. Ensures all terms and conditions of the vendor contracts are met. 
  • Manage and track all plan expenses for management reporting. 
  • Supports acquisition and divestiture work, including working on due diligence prior to acquisition/divestiture and integration steps to complete the acquisition/divestiture.


Scope of Job

Manages all aspects of the First Data Defined Benefits and/or Defined Contribtuion plans, including administration, funding, communications and compilance.


Autonomy

Fully autonomous in the management of daily operations of the plans with input from Director and VP.


 

Job Requirements

  • 4 - 5+ years of experience in 401(k) administration, plan design, legislation and compliance requirements U.S. and international defined benefit and defined contribution experience preferred


Competencies

  • Project Management
  • External Resource Management
  • HR Legal & Regulatory Envmnt
  • Human Resources Consulting
  • Benefit Programs
  • Retirement Programs
  • HRIS Systems
  • Knwldge of Spec Bene Plan


Degrees

  • Bachelor of Arts
  • Bachelor of Science


First Data is an Affirmative Action Equal Opportunity Employer (Minorities/Females/Vets/Disabled/LGBT)


First Data provides equal opportunities to all employees and applicants for employment without regard to sex, race, color, religion, marital status, national origin, age, genetic information, sexual orientation, gender (including gender identity/expression), disability, veteran status and military status, pregnancy or pregnancy-related medical conditions, or any other factor that may be protected by law.


 













Job Details

Date Posted November 18, 2017
Date Closes December 22, 2017
Requisition 2223350
Located In Omaha, NE
SOC Category 00-0000.00

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