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- Tasks: Manage and design benefits programs across EMEA, ensuring effective governance and risk management.
- Company: Join Bank of America, a leader in financial services dedicated to making lives better.
- Benefits: Enjoy competitive benefits, flexible work options, and opportunities for personal and professional growth.
- Why this job: Be part of an award-winning team focused on employee wellness and impactful benefits solutions.
- Qualifications: High School Diploma required; strong analytical skills and excellent communication abilities are essential.
- Other info: Collaborate with diverse teams and stakeholders while developing your career in a supportive environment.
The predicted salary is between 43200 - 72000 £ per year.
Job Description:
Job Title: International & EMEA Benefits Manager
Corporate Title: VP
Location: London
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day.
One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.
Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization.
Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us!
Job Description:
The Team
- An SME team of 10 based in the UK and France, responsible for design governance and some service delivery of plans across EMEA.
- Working with partners such as payroll, global mobility and HRSC as well as external HR and Tax partners.
- The Team won an award in 2024 as Best Healthcare and Wellbeing Strategy – Large Employer by EB Awards.
- Role development through the bank’s L&D and talent programs as well as SME training with Partner organizations.
Provides high level analytical support for the successful design, delivery, financial management, communication and/or administration of one or more of the health & welfare, work/life and retirement programs for the Bank. Will directly consult with business managers in the development of these products. Provides coaching to less experienced analysts.
Responsibilities:
Working within the EMEA Compensation and Benefits team, the EMEA Benefits team are responsible for the design and governance of benefits plans, programs and policies across the EMEA Region.
- Working within an SME Team of Benefits professionals and qualified actuaries, you will be responsible for the governance and management of some of the bank’s local and regional benefits programs within EMEA. You will be partnering with EMEA HR Generalists, in-country vendors and other stakeholders in the design and governance of our benefits that support the physical, financial, and emotional wellness of employees.
- You will have responsibility of established governance routines applicable to the benefit programs you will own, ensuring the effective management of various risks associated with the benefit programs. You will also look for opportunities to mitigate these risks within the bank’s governance framework.
- You will be responsible for the bank’s international benefit programs provided to its assignees, expatriates and third country nationals, partnering with the US Benefits team to ensure plans are effectively delivered, communicated, and governed. You will work with the wider Benefits and Pensions leads to ensure the effective cover of host country benefits during assignment. Additionally, you will be responsible for the governance and management of legacy international pension plans based offshore. You will work with Trustee and Tax advisors to ensure compliance, governance and risk management.
Sought:
- Excellent communication skills with the ability to simplify complex principles.
- Highly numerate and analytical with in-depth experience in Excel and other software and tools.
- Confidence and experience in consulting with senior partners of the bank with the ability to deliver complex benefits solutions, using creativity and problem solving.
- A risk-attuned mindset, with an in-depth understanding of benefits governance and ability to adhere to internal governance models in the management of programs.
- Excellent project management skills with the ability to develop project frameworks and keep all stakeholders informed.
- Confident stakeholder management with the ability to work with consultants and vendors to deliver quality support to the bank and employees.
- A team player with the ability to collaborate with partners and stakeholders across HR and outside of HR.
- Exceptional attention to detail.
Skills:
- Attention to Detail
- Benchmarking
- Reporting
- Research
- Vendor Management
- Collaboration
- Emotional Intelligence
- Prioritization
- Process Mapping
- Process Simplification
- Analytical Thinking
- Benefits Plan Development
- Business Case Analysis
- Networking
- Strategic Thinking
Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
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International & EMEA Benefits Manager employer: Bank of America
Contact Detail:
Bank of America Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land International & EMEA Benefits Manager
✨Tip Number 1
Familiarize yourself with the latest trends in employee benefits and compensation, especially within the EMEA region. Understanding what makes a competitive benefits package will help you stand out during discussions with stakeholders.
✨Tip Number 2
Network with professionals in the benefits and HR space, particularly those who have experience in international roles. This can provide you with insights into best practices and may even lead to referrals.
✨Tip Number 3
Brush up on your analytical skills, especially in Excel. Being able to demonstrate your proficiency in data analysis and reporting will be crucial when discussing governance and risk management of benefits programs.
✨Tip Number 4
Prepare to showcase your project management abilities. Think of examples where you've successfully managed complex projects, as this role requires excellent organizational skills and the ability to keep stakeholders informed.
We think you need these skills to ace International & EMEA Benefits Manager
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities and requirements of the International & EMEA Benefits Manager position. Tailor your application to highlight relevant experiences that align with the job description.
Highlight Relevant Skills: Emphasize your excellent communication skills, analytical abilities, and project management experience in your CV and cover letter. Provide specific examples of how you've simplified complex principles or managed benefits programs in the past.
Showcase Your Experience: Detail your experience in consulting with senior partners and managing stakeholder relationships. Use quantifiable achievements to demonstrate your impact in previous roles, especially in benefits governance and risk management.
Craft a Compelling Cover Letter: Write a cover letter that not only summarizes your qualifications but also expresses your enthusiasm for the role and the company. Mention how your values align with Bank of America's commitment to diversity, inclusion, and employee well-being.
How to prepare for a job interview at Bank of America
✨Showcase Your Analytical Skills
As an International & EMEA Benefits Manager, you'll need to demonstrate your analytical prowess. Be prepared to discuss specific examples where you've used data analysis to drive decisions or improve benefits programs.
✨Communicate Complex Ideas Simply
Excellent communication skills are crucial for this role. Practice explaining complex benefits concepts in a straightforward manner, as you may need to simplify these ideas for various stakeholders during the interview.
✨Highlight Your Project Management Experience
Project management is key in this position. Be ready to share experiences where you've successfully managed projects, detailing how you kept stakeholders informed and ensured timely delivery of benefits solutions.
✨Demonstrate Risk Management Awareness
A risk-attuned mindset is essential. Prepare to discuss how you've identified and mitigated risks in previous roles, particularly in relation to benefits governance and compliance.
