Senior Vice President, Retirement Management
BNYAbout the role
Senior Vice President, Retirement Management
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We’re seeking a future team member for the role of Senior Vice President, Retirement Management to join our People Rewards team. This role is located in Pittsburgh, PA, USA - Hybrid
In this role, you’ll make an impact in the following ways:
- Oversee the execution of BNY's Qualified and Non-Qualified Retirement Plans
- Monitor plan performance, participant engagement, and investment fund options; implement improvements as needed.
- Partner with Finance, Legal, and HR teams to align retirement strategies with broader compensation and benefits programs.
- Prepare and present reports for senior leadership and the board on plan performance, compliance, and risk management.
- Serve as a fiduciary committee member, ensuring proper governance and prudent oversight of retirement assets.
- Evaluate contracts and agreements to ensure efficiency, quality of service, and regulatory compliance
- Analyze data to present metrics and reports that identify trends and inform program design decisions
- Understand and interpret aspects of Defined Benefit/Cash Balance Plan actuarial valuations
- Review annual valuation packages, tax forms, notifications, disclosures, and legal documents
- Develop and execute the overall strategy for BNY's defined contribution retirement plans
- Oversee the day-to-day administration and performance of BNY's defined contribution retirement plans
- Manage vendor partners to ensure efficiency, compliance, and superior service delivery
- Serve as a subject matter expert and key resource for internal and external team members
- Maintain strong governance of plans and processes, ensuring compliance with all Plan, IRS, and ERISA rules
To be successful in this role, we’re seeking the following:
- Bachelor's degree in Human Resources, Finance, Business Administration, or a related field
- Minimum of 8+ years of experience in retirement benefits administration, plan compliance, and fiduciary oversight
- Extensive knowledge of ERISA, IRS, DOL, and PBGC regulations related to retirement plans
- Experience with Defined Benefit, Cash Balance, and Defined Contribution plans administration
- Strong analytical skills with the ability to interpret actuarial valuations, financial data, and compliance reports
- Expertise in non-discrimination testing, plan funding requirements, and IRS/DOL filings
- Proficiency in HRIS, benefits administration platforms, and financial reporting tools
- Excellent leadership, communication, and problem-solving skills
- Experience working with employees covered under Collective Bargaining Agreements and retirement plans outside the U.S.
- Experience with defined contribution retirement plan recommendations for Employee Benefits Committee meetings
- Experience developing and executing effective plan communications to enhance participant understanding and drive engagement
At BNY, our culture speaks for itself. Here’s a few of our awards:
- America’s Most Innovative Companies, Fortune, 2024
- World’s Most Admired Companies, Fortune 2024
- Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
- Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
- “Most Just Companies”, Just Capital and CNBC, 2024
- Dow Jones Sustainability Indices, Top performing c
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