Senior Benefits Consultant
Northern Trust Corp
- # Senior Benefits ConsultantApply: Hybrid: Chicago, IL: Full time: Posted Today: R163457**About Northern Trust** As a global leader in innovative wealth management, asset servicing, asset management and banking services, Northern Trust (Nasdaq: NTRS) is proud to guide the world’s most successful individuals, families, corporations and institutions. Since 1889, we have aligned our efforts with our three guiding Principles That Endure: Service, Expertise, and Integrity. Together, they reflect the three cornerstones of business conduct which we strive to instill in our employees, whom we call partners, and to provide to our clients and the communities we serve worldwide. With more than 135 years of financial experience and over 24,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service. **Role:** Senior Benefits Consultant We’re looking for an experienced retirement and benefits professional who enjoys owning and executing complex work, solving challenging issues, and serving as a trusted subject matter expert. This role provides the opportunity to help shape North America retirement programs, develop an integrated financial well-being strategy, strengthen governance and compliance. The ideal candidate brings deep retirement expertise, strong judgment, and the ability to independently lead complex work while translating technical requirements into practical solutions. **The key responsibilities of the role include:**• Serve as a senior retirement plan subject matter expert and trusted advisor to Benefits colleagues, leadership, and cross-functional partners.• Own and execute key aspects of 401(k), including administration, governance, compliance, and vendor management.• Own the Canada retirement program (knowledge of Canadian retirement programs preferred but not a requirement), including vendor relationships, regulatory requirements, operations, and issue resolution.• Own, manage and execute additional employee financial and risk benefits, including HSA, FSA, Life, Accident, and financial well-being programs.• Execute complex regulatory and compliance activities, including nondiscrimination testing, SOX compliance, Form 5500 filings, contribution corrections, and plan requirements.• Executes retirement initiatives, plan and fee analyses, operational improvements, and risk mitigation efforts.**Skills/ Qualifications:**• 10+ years of benefits experience, with significant retirement plan expertise.• Strong working knowledge of 401(k), Safe Harbor and non-safe harbor plans, and preferably Canadian retirement programs.• Demonstrated experience with ERISA/compliance, SOX compliance, governance, plan administration, vendor management, and financial analysis.• Ability to independently manage complex, high-risk, and highly visible work.• Strong analytical, communication, project management, and problem-solving skills.• A consistent focus on risk management, controls, operational effectiveness, and employee service.**Working Model**: Hybrid (#LI-Hybrid)We have a balanced hybrid working model to ensure you get the flexibility you need, and the successful candidate will spend their time between working in the office and working from home. #LI-EA1 Salary Range:$95,600 - 162,400 USD*Salary range is a good faith estimate of base pay. Northern Trust provides a comprehensive benefits package including retirement benefits (401k and pension), health and welfare benefits (medical, dental, vision, spending accounts and disability), paid time off, parental and caregiver leave, life & accident insurance, and other voluntary and well-being benefits. Northern Trust also provides a discretionary bonus program that may include an equity component.* **Work Authorization** Applicants must be authorized to work in the U.S. without the need for employment-based visa sponsorship now or in the future. Northern Trust will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa). **Working with Us** As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to an inclusive workplace and assisting the communities we serve. Philanthropy is deeply rooted in Northern Trust’s history and is an essential element of our culture. Employees around the world give their time and talent to work for the greater good of their communities. **Reasonable Accommodation** Northern Trust is committed to working with and providing adjustments to individuals with health conditions and disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at View email address on click.appcast.io, or alternatively you can discuss your individual requirements with the recruiter you are working with.
- J-18808-Ljbffr Northern Trust Corp
Vacancy posted 1 day ago
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