This position is responsible for supporting the management of the Bank’s pension programs globally, including managing valuations, strategy, compliance, governance and involvement in budgeting and expense management of external vendors. The major areas of exposure are Canada, United States, United Kingdom, Mexico and the Caribbean.
Assist with the management and preparation of actuarialvaluations and costings – by external consulting staff – for design, expense and forecasting purposes to effectively manage costs.
Manage department’s response to both external and internal audit requests on pension matters and procedures (including under Sarbanes Oxley (SOX)). Update documentation on established procedures, as required.
Accountable for reviewing pension plan funding/solvency valuations and supporting the determination of cash funding strategy.
Support review of pension policies and policy decisions, including research of competitive market information to assist in policy decisions and analyzing implications of policy changes.
Assist with preparation of a financial literacy strategy to support employee education and decision making.
Assist with preparation of presentation material on plan decisions and strategy for management.
Co-ordinate/manage the preparation of materials for the various pension fiduciary and/or governance committee meetings and – as required – participate in these committees, whether as a member, an observer, or as Secretary.
Co-ordinate/manage the preparation of documentation related to the pension programs such as plan texts and related amendments, etc.
Support with special projects such as
Coordinate with the Manager, Actuarial Analysis (Pensions), Manager, Actuarial Analysis (Benefits) and Global DC Senior Manager on common deliverables and responsibilities.
Education / Experience / Other Information (include only those that are specific to the role)
Requisition ID: 21080