SVP, Retirement Group Manager (Hybrid)

Citigroup • Tampa, FL

291d • $130,880 - $196,320

About The Position

The Americas Retirement lead is responsible for the management and oversight of 69 retirement programs across 18 different countries that Citi sponsors in North and Latin America. This role ensures local country compliance with Citi policies and mandates and manages a team of 11, with specific allocations to Latin America Pensions, NAM, and Brazil. The lead will serve as the main contact for various Trustee Boards, Committees/Councils and will report directly to Citi's Director of Retirement & Allowances. The position involves close collaboration with the HR Community, other pensions-related functional teams, and outsourced vendors/administrators.

Requirements

• 10+ years of technical and/or strategic Pensions Experience.
• Expert understanding of Defined Benefit, Defined Contribution, and Termination Indemnity pension plan structures.
• Understanding of pensions fiduciary trustee role and difference with plan sponsor role.
• Actuarial background preferred.
• Broad understanding of HR practices and pension and benefits provision.
• Experience dealing with corporate processes, payroll, budgets, and invoice management.
• Experience dealing with a wide range of internal and external third parties.
• Experience presenting technical pensions information to non-technical audiences.
• English language required; Spanish language strongly preferred; Portuguese and other languages a plus.

Responsibilities

• Ensure local country compliance with Citi's Retirement Plan Guidelines, local laws and regulations, and Citi's Benefits Guiding Principles and Philosophy.
• Coordinate contributions into plans, potential settlement impacts, and US GAAP implications of various pension actions.
• Review strategy of each plan in the region and implement changes as needed.
• Coordinate with local country business/management teams to ensure proper administration of each retirement program.
• Support the Director of Retirement & Allowances on governance or strategic initiatives.
• Act as a pensions subject matter expert and collaborate with other specialist areas.
• Contribute to pensions projects and support the delivery of business-as-usual activities.
• Prepare materials, minutes, and present papers/updates to West Retirement Council meetings and Retirement Plan Sponsor Council global meetings.
• Oversee team's management of the third-party administrator and outsourced vendors.
• Ensure relevant changes to schemes or potential developments impacting administration are acted on appropriately.
• Escalate issues to the Director of Retirement & Allowances as appropriate.
• Review escalated data, contribution, and other administrative issues from the team.
• Review communication materials as appropriate.
• Support and manage budgets and vendor invoices.

Benefits

• Medical, dental & vision coverage.
• 401(k).
• Life, accident, and disability insurance.
• Wellness programs.
• Paid time off packages including planned time off (vacation), unplanned time off (sick leave), and paid holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree