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Boston Fed works to promote sound growth and financial stability
The Role
Company
Federal Reserve Bank of Atlanta
As an employee of the Atlanta Fed working for the Office of Employee Benefits (OEB) in Newark, NJ, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.
We are a dynamic environment that requires days in the office. In office requirements, as amended from time to time, are an essential function of the position.
You will be working in Newark, NJ for a division of the Federal Reserve Bank of Atlanta (Office of Employee Benefits -OEB) and will be responsible for managing benefit programs across the Federal Reserve System. Develop and execute plans pertaining to benefits offerings in alignment with Federal Reserve Banks and OEB's strategic objectives. You will work with Federal Reserve System (Banks and Board) and Consumer Financial Protection Bureau (CFPB) payroll and HR groups on plan interpretations, participant inquiries and appeals and payroll matters impacting the benefits plans. Accountable for the day-to-day operations and administration of one or more of the System's retirement and executive benefits plans. Provide guidance in addressing benefits related issues and interpret applicable plan provisions, legislation, and regulations pertaining to the administration of the benefits plans.
You will work closely with staff, management, and senior leadership to deliver top-tier benefits programs to plan participants and stakeholders. Ensure that programs, practices, and policies comply with applicable laws and regulations. You will report to the SVP Plan Administration.
Key Responsibilities:
Education: Bachelor's Degree or 4 years equivalent experience; Master's Degree preferred
Experience: Eight plus years preferred
Knowledge Areas:
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).
The Federal Reserve Bank of Atlanta is an equal opportunity employer.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Human Resources Family Group
Work Shift
First (United States of America)
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
Privacy Notice
Federal Reserve Bank of Atlanta
As an employee of the Atlanta Fed working for the Office of Employee Benefits (OEB) in Newark, NJ, you will help support our mission of promoting the stability and efficiency of the U.S. economy and financial system. Your work will affect the economy of the Southeast, the United States, and the world. The work we do here is important, and how we do it is just as important as what we do. We live our values of integrity, excellence, and respect every day. We do the right thing, we do things right, and we treat people right. A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.
We are a dynamic environment that requires days in the office. In office requirements, as amended from time to time, are an essential function of the position.
You will be working in Newark, NJ for a division of the Federal Reserve Bank of Atlanta (Office of Employee Benefits -OEB) and will be responsible for managing benefit programs across the Federal Reserve System. Develop and execute plans pertaining to benefits offerings in alignment with Federal Reserve Banks and OEB's strategic objectives. You will work with Federal Reserve System (Banks and Board) and Consumer Financial Protection Bureau (CFPB) payroll and HR groups on plan interpretations, participant inquiries and appeals and payroll matters impacting the benefits plans. Accountable for the day-to-day operations and administration of one or more of the System's retirement and executive benefits plans. Provide guidance in addressing benefits related issues and interpret applicable plan provisions, legislation, and regulations pertaining to the administration of the benefits plans.
You will work closely with staff, management, and senior leadership to deliver top-tier benefits programs to plan participants and stakeholders. Ensure that programs, practices, and policies comply with applicable laws and regulations. You will report to the SVP Plan Administration.
Key Responsibilities:
- Research complex issues and respond to inquiries from service providers, stakeholders, and plan participants.
- Responsible for developing and leading training and information sessions on benefits plans for senior executives, System HR personnel and plan participants.
- Accountable for day-to-day operations and administration of one or more Federal Reserve System benefits plans.
- Provide oversight and direction to team of experienced professionals involved in the administration of benefits plans and management of external vendors.
- Focus on policy and strategy implementation.
- Influence others outside of their own job area regarding policies, practices, and procedures.
- Advise and educate other members of the department on various benefits topics including new benefit programs, regulatory changes and policies and procedures.
- Mix of strategic, tactical, and transactional responsibilities.
Education: Bachelor's Degree or 4 years equivalent experience; Master's Degree preferred
Experience: Eight plus years preferred
Knowledge Areas:
- Extensive experience with qualified and non-qualified benefits plans and executive benefits plans.
- Knowledgeable of governmental plans, payroll/HRIS systems and benefits recordkeeping services.
Our total rewards program offers benefits that are the best fit for you at every stage of your career:
- Comprehensive healthcare options (Medical, Dental, and Vision)
- 401K match, and a fully funded pension plan
- Paid vacation and holidays; flexible work environment
- Generously subsidized public transportation
- Education Assistance Program
- Professional development programs, training and conferences
- And more...
This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change (e.g. emergencies, rush jobs, change in workload or technological developments).
The Federal Reserve Bank of Atlanta is an equal opportunity employer.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Human Resources Family Group
Work Shift
First (United States of America)
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
Privacy Notice
What the Team is Saying
Jennifer Mick
Lead Software Architect
Susan M. Collins
President & CEO
Ari Rizzitano
Ari Rizzitano
Mani Ganesan
Director, Technical Operations
Joubin Jabbari
Chief Information Security Officer, FedNow
Jennifer Dalessio
Vice President of People and Culture
Joubin Jabbari
Chief Information Security Officer, FedNow
Heather Nichols
Director and Head of FedNow Product Delivery
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The Company
What We Do
As part of the Central bank of the United States, the Boston Fed works to promote sound growth and financial stability in New England and the nation. We contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts.
Why Work With Us
At the Boston Fed, we strive to ensure that rigorous thinking and wide-ranging perspectives characterize our work and workplace. We also recognize that benefits and compensation play a central role in the employer you choose. We work to make sure our compensation package is competitive with those of top employers.
Gallery
Federal Reserve Bank of Boston Offices
OnSite Workspace
Positions are primarily in person, although some positions will allow employment based out of one of our twelve Banks nation-wide. Please see position description for specific location requirements.
Typical time on-site:
None
Boston, MA
Centrally located next to Boston's South Station between the Financial District and the Boston Seaport neighborhood.
