Senior Vice President, Retirement Management

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 company for Sustainability, 2024
• Bloomberg's Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.