Director, Retirement - REMOTE

Position Summary

The Director, Retirement Benefits is responsible for the strategic design, governance, administration, compliance, and ongoing optimization of the Company's retirement and financial wellness programs. This role serves as the organization's subject matter expert for defined contribution retirement plans, investment oversight, fiduciary governance, vendor management, and retirement program strategy. The Director partners closely with senior leadership, Finance, Legal, Human Resources, Payroll, and external advisors to ensure retirement programs are competitive, compliant, cost‑effective, and aligned with the Company's talent and business objectives.

Reporting to the Vice President, Total Rewards, this role leads retirement plan strategy for a publicly traded organization with approximately $7billion in annual revenue and significant fiduciary, regulatory, and operational responsibilities.

• Develop and execute the long‑term strategy for the Company's retirement and financial wellness programs.
• Evaluate and recommend plan design enhancements that support employee attraction, retention, engagement, and retirement readiness.
• Benchmark retirement programs against market practices and emerging industry trends.
• Lead analysis of retirement program effectiveness, participation rates, savings outcomes, income replacement, and utilization metrics.
• Develop business cases and recommendations for executive leadership and governance committees.

• Lead and develop retirement benefits team members, as applicable.
• Serve as the internal retirement benefits expert and advisor to HR leadership.
• Collaborate with Compensation, Payroll, Finance, Legal, Internal Audit, and Communications teams.
• Present recommendations and updates to senior leadership and governance committees.

• Serve as a key member and advisor to the Administrative Benefits Plan Committee and other fiduciary governance bodies.
• Partner with investment consultants and advisors to monitor investment performance and plan fund lineups.
• Evaluate investment options, target‑date funds, managed accounts, brokerage windows, and retirement income solutions.
• Support development and maintenance of Investment Policy Statements (IPS).
• Support development and maintenance of fiduciary governance frameworks.
• Support development and maintenance of committee charters and documentation.
• Prepare investment reviews and recommendations for fiduciary committees.
• Maintain a strong understanding of capital markets, investment vehicles, fiduciary responsibilities, and retirement industry developments.

• Oversee administration of the company’s 401(k) plans.
• Ensure accurate and timely plan operations, payroll integration, contribution processing, participant transactions, and annual compliance testing.
• Direct annual plan audits and regulatory reporting activities.
• Manage plan amendments, restatements, participant communications, and operational changes.

• Ensure compliance with ERISA, the Internal Revenue Code, SECURE Act and related legislation, DOL regulations, and IRS requirements.
• Partner with Legal and external counsel regarding regulatory changes and fiduciary obligations.
• Manage full plan audits, Form
  5500 filings, and nondiscrimination testing.
• Identify and mitigate operational, fiduciary, and regulatory risks.

• Lead relationships with retirement recordkeepers, trustees, custodians, investment consultants, auditors, actuaries, and other service providers.
• Establish vendor performance standards and service‑level expectations.
• Conduct vendor evaluations, fee benchmarking, and contract negotiations.
• Lead RFPs and vendor selection initiatives.
• Ensure service providers deliver high‑quality participant experiences while maintaining cost efficiency.

• Manage retirement program budgets and administrative expenses.
• Analyze plan costs, fee structures, investment expenses, and utilization trends.
• Develop reporting and dashboards for executive leadership and fiduciary committees.
• Uti…