What are the responsibilities and job description for the Benefits Analyst position at Visa?
Visa is a world leader in digital payments, facilitating more than 215 billion payments transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories each year. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive.
When you join Visa, you join a culture of purpose and belonging – where your growth is priority, your identity is embraced, and the work you do matters. We believe that economies that include everyone everywhere, uplift everyone everywhere. Your work will have a direct impact on billions of people around the world – helping unlock financial access to enable the future of money movement.
Join Visa: A Network Working for Everyone.
This role will be based out of a Visa office. Locations are Foster City, CA, Austin, TX, Atlanta, GA, Miami, FL.
The Benefits Analyst will assist with the day to day activities of the US 401(k) and retirement (pension) plans. This role will work closely with the Retirement Team to ensure that Visa’s retirement plans are compliant and administered consistently. The ideal candidate will possess knowledge of retirement plan design, administration and compliance.
This individual will collaborate closely with other members of the Benefits team, along with members of Payroll, Legal, and HR Shared Services.
Responsibilities include:
- Preparing and reconciling bi-weekly 401(k) contributions from Payroll to third party recordkeeper
- Working with Payroll to resolve any 401(k) deductions issues
- Supporting annual audits and government filings such as Form 5500s and SAR distribution
- Assisting with the development and content of financial wellness programs
- Drafting communications, education and retirement web content
- Assisting HR Shared Service members with answering employee questions and working with employees directly as needed to resolve outstanding issues.
- Ensuring that all retirement programs and activities comply with related federal and state rules and regulations
- Working on special retirement projects such as researching and reconciling data issues
This person must be independent, detail-oriented, excel in a fast-paced working environment and an effective team player.
This position is open to the following locations:
Foster City, CA
Austin, TX
Atlanta, GA
Miami, FL
Basic Qualifications:
- 2 or more years of work experience with a Bachelor’s Degree or an Advanced Degree (e.g. Masters, MBA, JD, MD, or PhD)
Preferred Qualifications:
- 3 or more years of work experience with a Bachelor’s Degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters, MBA, JD, MD)
- Payroll and/or third party administration background
- Strong attention to details
- Strong analytic and risk analysis skills
- Results oriented, have a high degree of flexibility and effectively deal with ambiguity
- Strong written, verbal, and problem solving skills
- Working with others in a team atmosphere
- Proficient with Word, Excel, experience with ADP and Workday a plus
- Prefer project management skills and/or presentation skills
- Prefer fast-paced working environment
- Advanced knowledge of retirement plans, ERISA law knowledge, and general benefits a plus
- 3-5 years of experience in 401(k) plan management
Additional Information
Visa has adopted a COVID-19 vaccination policy to safeguard the health and well-being of our employees and visitors. As a condition of employment, all employees based in the U.S. are required to be fully vaccinated for COVID-19, unless a reasonable accommodation is approved or as otherwise required by law
Work Hours: Varies upon the needs of the department
Travel Requirements: This position requires travel 5-10% of the time.
Mental/Physical Requirements: This position will be performed in an office setting. The position will require the incumbent to sit and stand at a desk, communicate in person and by telephone, frequently operate standard office equipment, such as telephones and computers.
Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.
Visa will consider for employment qualified applicants with criminal histories in a manner consistent with applicable local law, including the requirements of Article 49 of the San Francisco Police Code.
This role is not sposorship eligble and there is no relocation support
