Pension & Benefits Analyst

Job title:

Pension & Benefits Analyst

Company

Scotiabank

Job description

Requisition ID: 201661Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.What you’ll be doing.Contributes to the overall success of the Employee Wellbeing Solutions department ensuring specific individual goals, plans, initiatives are executed / delivered in support of the department’s business strategies and objectives. Manages and takes ownership of the triaging of cases as they come into the inbox and team queue. Provides administrative support to the Senior Pension Analysts, Pension, Saving and Benefits Managers, as required.Is this role right for you? In this role you will:

• Daily monitoring and triaging Pension Delivery and Benefit inbox and Pega Team Queues to reduce risk and escalations
• Respond to pension and benefit inquiries and escalations
• Retrieve and review historical pension records
• Preparation and processing of vendor invoices
• Download, reconcile and process various reports (LOA, ESOP, Manulife, AML name screening)
• Employee records updates in HR System (Employee Central)

• Retirement Keying
• Membership Option Changes
• Provide monthly SCI & Roynat termination & retirement list to vendors.
• Maintain and update various Pension and Benefits forms Monthly (Annual) submission of Form 7 for the different Canadian pension plans, and revised Form 7 during the year as required.
• Annual Age 71 project – request reports from vendors & advise employees of upcoming retirement commencement
• Provide foreign annual currency exchange rates to vendors (Buck & AON)
• Support benefits team with annual benefits re-enrolment activities, as required
• Support benefits team on absence management data maintenance/clean up
• Perform various tasks as maybe assigned from time to time
• Understand how the Bank’s risk appetite and risk culture should be considered in day-to-day activities and decisions.
• Actively pursues effective and efficient operations of his/her respective areas in accordance with Scotiabank’s Values, its Code of Conduct and the Global Sales Principles, while ensuring the adequacy, adherence to and effectiveness of day-to-day business controls to meet obligations with respect to operational, compliance, AML/ATF/sanctions and conduct risk.
• Champions a high-performance environment and contributes to an inclusive work environment.

Do you have the skills that will enable you to succeed? We’d love to work with you if you have:

• Excellent communication skills (verbal and written)
• Strong organization, time management and priority setting skills
• Flexibility, resourcefulness and problem-solving capabilities to be able to proactively identify and respond to problems in a timely and effective manner
• Facilitate management of vendor and stakeholder relationships
• Customer service; responding to employee (customer) inquiries by email
• Case management and record keeping skills
• Develop training material / programs
• Managing conflicting priorities
• Ability to learn and navigate several web-based vendor systems

What’s in it for you?

• The opportunity to join a forward-thinking and collaborative team, surrounded by innovative thinkers
• A rewarding career path with diverse opportunities for professional development
• Internal training to support your growth and enhance your skills
• An inclusive working environment that encourages creativity, curiosity, and celebrates success!

Location(s): Canada : Ontario : TorontoScotiabank is a leading bank in the Americas. Guided by our purpose: “for every future”, we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please . Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.

Expected salary

Location

Toronto, ON

Job date

Wed, 10 Jul 2024 22:42:57 GMT

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