Director, Retirement Plan Strategy \u0026 Compliance

Stellantis NV

Auburn Hills, MI

JOB DETAILS
SKILLS
Actuarial Skills, Artificial Intelligence (AI), Business Administration, Communication Skills, Contract Management, Cost Control, Cost Effectiveness Analysis, Documentation Plan, ERISA (Employee Retirement Income Security Act of 1974), External Audit, Finance, Functional Configuration Audit (FCA), IRC (Internet Relay Chat), Internal Audit, Legal, Maintain Compliance, Operations Processes, Performance Analysis, Performance Metrics, Performance Reviews, Process Improvement, Regulations, Request for Proposals (RFP), Retirement Plan, Retirement and Pension Management, Risk Management, Strategic Planning, Technical Strategy, Vendor/Supplier Evaluation, Vendor/Supplier Planning
LOCATION
Auburn Hills, MI
POSTED
4 days ago

This role reports to the Vice President of Retirement & Savings (R&S) and is responsible for retirement plan strategy and compliance for FCA US LLC defined benefit pension (DB) plans and defined contribution (DC) plans. This role is accountable for strategy and design, compliance, governance, and risk management, serving as the subject matter expert on ERISA, IRC, and retirement plan provisions.

Key Responsibilities:

  • Lead the compliance and governance framework: monitor and interpret retirement plan legislation, ERISA/DOL/IRS regulations, ensure plan documents, summary plan descriptions, and policies and procedures are up to date and enforce adherence

  • Implement data-driven decisions and improvements through pension and savings plan analytics and vendor performance metrics

  • Lead internal and external audits with subsequent design and implementation of improved audits and controls

  • Interface with internal stakeholders (HR, Finance, Legal, Communications) and external actuaries/legal counsel/regulators/auditors to ensure integrated strategy and manage compliance risks

  • Lead process improvement and transformation initiatives in the compliance space utilizing technology including AI

  • Lead strategic oversight of retirement plan vendors, including performance evaluation, contract management and competitive sourcing (RFPs) to ensure performance, cost-effectiveness and alignment to strategy

  • Develop and implement retirement plan strategy including technology, data governance, cost management and plan governance

  • Develop and implement plan design changes, risk management, vendor strategy, participant communications and regulatory changes

  • Leverage technology (including AI) as a critical component of retirement plan strategy to optimize cost savings and operational efficiencies

Basic Qualifications:

  • Bachelor's degree

  • Minimum of 10 years of professional experience with a minimum of 7 years of experience in retirement plan administration, strategy, governance, compliance or related retirement field with increasing responsibility

  • Advanced analytical and quantitative skills with experience interpreting actuarial and financial reports

  • Strong knowledge of ERISA, IRS and retirement plan regulations

  • Experience in large, complex DB/DC environments

  • Excellent communication and stakeholder management skills

Preferred Qualifications

  • Master's degree in Finance, Business Administration, or related field

  • Minimum of 10 years of experience in retirement plan administration, strategy, governance or compliance with demonstrated progression in responsibilities

  • Experience with collectively bargained plans

  • Audit and internal controls expertise

  • Professional certifications such as CEBS, ASPPA (QPA/QKA/QKC), or actuarial credentials (ASA/EA)

About the Company

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Stellantis NV