Retirement & Wellbeing Lead, Human Resources
The Vice President, Retirement & Wellbeing Lead is responsible for the administration, communication and compliance of Comerica's retirement and wellbeing programs. This role is the primary vendor manager for 401(k) recordkeeper and financial wellness provider and will closely collaborate with other functions within HR (e.g. payroll, HRIS, corporate communications, etc).
Position Competencies:
Successful incumbents possess
- Advanced knowledge of Benefit programs and processes
- Advanced HRIS Systems Knowledge
- Knowledge of HR practices, techniques, and standards
- Skilled with Microsoft Word, Excel, Outlook, and PowerPoint
- Advanced organizational and project management skills
- Ability to influence others to drive projects to successful completions
- Proven ability to create and deliver reports, updates, and presentations
- Excellent interpersonal skills
- Must possess critical thinking skills to make decisions and solve complex problems
Position Responsibilities:
- Provide day-to-day administration of the 401(k) plan, including the accuracy and timely funding of contributions in collaboration with Payroll, daily monitoring of required tasks in the administrative system, and ensure compliance with all mandated rules and regulation.
- Ensure annual plan activities occur timely and accurately and that the qualified status of the plans remain intact.
- Ensure effective administration, communication and strategy for retirement and wellbeing programs, including pension, 401(k) , EAP, financial wellness and other lifestyle management programs to drive proper utilization and benefits education.
- Responsible for resolving all employee escalations and questions around pension and 401(k) plans.
- Collaboration with subject matter experts to set strategy and execution of the communication of benefits information across delivery platforms (e.g. Colleague Connect,
- Benefit Connect, SharePoint, e-mail.
- Other duties, as assigned.
Position Qualifications:
- Bachelor' Degree from an accredited university or in lieu of a bachelor's degree, a High School Diploma or GED and 6 years of related experience
- 5 years of experience in a benefits department
- 4 years of experience working with retirement plans, preferably both pension and 401(k) plans
- 3 years of experience in project management
- 3 years of experience in vendor management
- CEB (Certified Employee Benefits Specialist, preferred
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
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Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k), remote work
Feb 03, 2025