Senior Specialist, US/PR H&W, savings & retirement plan Service Line

Working with Us
Challenging. Meaningful. Life-changing. Those aren’t words that are usually associated with a job. But working at Bristol Myers Squibb is anything but usual. Here, uniquely interesting work happens every day, in every department. From optimizing a production line to the latest breakthroughs in cell therapy, this is work that transforms the lives of patients, and the careers of those who do it. You’ll get the chance to grow and thrive through opportunities uncommon in scale and scope, alongside high-achieving teams rich in diversity. Take your career farther than you thought possible.

Bristol Myers Squibb recognizes the importance of balance and flexibility in our work environment. We offer a wide variety of competitive benefits, services and programs that provide our employees with the resources to pursue their goals, both at work and in their personal lives. Read more: careers.bms.com/working-with-us.

Position Summary

This position is part of the People Services Global Benefits Service Line team and has responsibility for supporting the operations, administration and execution of the US and Puerto Rico Savings 401(k) & Benefits Equalization and Retirement programs, audits, and processes. Operational responsibilities include, but are not limited to, day-to-day operational activities, executing on contribution payments, building, and maintaining process, policy, and regulatory required documentation performing data and reporting analysis, managing access requests to third party systems, solutioning for and responding to Business Unit and Tier 2 inquiries, escalations, and ad-hoc requests. This role also supports operations of the US/PR H&W and benefits programs.

Detailed Position Responsibilities

• Strong Subject Matter knowledge on US and Puerto Rico qualified and non-qualified savings and retirement plans' systems, operations, and regulatory environments
• Supports the operations and escalations for US/ PR Health & Welfare Insured benefits including Annual Enrolment for US & PR populations and required financial reporting for H&W, both active and retiree
• Administers the operations of the BMS US/PR Savings and Retirement Plans, including contributions and vesting, statutory and legal filings, non-discrimination testing and blackout restrictions and relevant financial reporting as required for active, retired and other eligible populations
• Prepares the funding for all plans and pay periods and conduct data checks and reconciliations
• Responsible for answering tickets in a timely manner and in line with the plan design and regulations
• Maintains in-depth understanding of all BMS qualified and non-qualified savings and retirement plan guidelines, processes, and programs
• Supports the development of robust controls being embedded in each process and operating as designed; the build, implementation and adherence to SOX controls and compliance and audit activities as needed, to ensure compliance with all statutory requirements related to benefits, retirements and recognition plans and programs operations
• Supports coordination and delivery of all quarterly and annual audit and SOX compliance requests, ensuring all requests are met within required deadline
• Tracks incidents and maintains log of root causes, analyzes data, and escalates as appropriate
• Assists with tracking and monitoring vendor budgets, preparation of forecasts to plan annual spend, and preparation of quarterly reports and analysis on spend
• Maintains day-to-day vendor and third-party relationships with Fidelity, and any other third party providers to support the plans and their administration.
• Maintains expertise in navigating/reporting within the Fidelity system
• Monitors and reviews all BMS Service Now cases assigned to the US/PR Savings and Retirement Plans, serves as primary point of contact in all related case issues
• Documents all processes and identify areas for improvement, automatization and streamline
• Support the Americas Benefits group as needed

  Experience Desired

• BS, BA or graduate degree in business or equivalent experience.
• 2+ years’ experience in human resources service delivery, within operational / administrative areas in a shared service environment, strongly preferred
• 2+ years of experience administering US Savings (401K) plans required. Additional experience in PR preferred.
• Ability to work independently as well as collaboratively across cross-functional, cross organizational teams
• Working knowledge and understanding of SOX controls for PII data regulations
• Demonstrated deep functional knowledge of US Savings and Retirement programs, trends, best practices and recent legislative and other changes, required. Additional experience in PR preferred
• Demonstrated analytical abilities, high attention to detail, exceptional organizational skills and the ability to work with a sense of urgency and effectively in a fast-paced environment successfully managing multiple competing tasks and priorities Knowledge of or ability to quickly learn and use current BMS HR enabling systems Workday, ServiceNow, Fidelity PSW system and other applications such as Visio
• Proficiency with Microsoft Office including Outlook, Intermediate Excel, Power point
• Ability to exercise independent judgement and discretion utilizing company policies and principles, knowing when to escalate

• Ideal Candidates Would Also Have:

• Certified Employee Benefits Specialist (CEBS) or equivalent Industry designation
• Experience working with: Workday, ServiceNow and ADP.
• Experience working in a global, virtual environment

If you come across a role that intrigues you but doesn’t perfectly line up with your resume, we encourage you to apply anyway. You could be one step away from work that will transform your life and career.

Uniquely Interesting Work, Life-changing Careers
With a single vision as inspiring as “Transforming patients’ lives through science™ ”, every BMS employee plays an integral role in work that goes far beyond ordinary. Each of us is empowered to apply our individual talents and unique perspectives in an inclusive culture, promoting diversity in clinical trials, while our shared values of passion, innovation, urgency, accountability, inclusion and integrity bring out the highest potential of each of our colleagues.

On-site Protocol
Physical presence at the BMS worksite or physical presence in the field is a necessary job function of this role, which the Company deems critical to collaboration, innovation, productivity, employee well-being and engagement, and it enhances the Company culture.

BMS is dedicated to ensuring that people with disabilities can excel through a transparent recruitment process, reasonable workplace accommodations/adjustments and ongoing support in their roles. Applicants can request a reasonable workplace accommodation/adjustment prior to accepting a job offer. If you require reasonable accommodations/adjustments in completing this application, or in any part of the recruitment process, direct your inquiries to adastaffingsupport@bms.com. Visit careers.bms.com/eeo-accessibility to access our complete Equal Employment Opportunity statement.

BMS cares about your well-being and the well-being of our staff, customers, patients, and communities. As a result, the Company strongly recommends that all employees be fully vaccinated for Covid-19 and keep up to date with Covid-19 boosters.

BMS will consider for employment qualified applicants with arrest and conviction records, pursuant to applicable laws in your area.

Any data processed in connection with role applications will be treated in accordance with applicable data privacy policies and regulations.