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Compensation and Benefits Attorney

Company name
Santander Bank, NA

Boston, MA

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1707051 Description Compensation and Benefits Attorney Santander’s Legal Department assists the bank in identifying, evaluating, and mitigating legal and compliance risks. The department also substantially contributes to successful acquisitions and mergers, integrations and regulatory examinations. As part of Santander’s Legal team you’ll help provide customized solutions and high quality, cost effective legal services to support Santander’s goals and objectives while ensuring compliance with relevant laws and regulations. This position is located in Boston, MA.

Consideration may be given for an alternate location in New York City, Florham Park, NJ or Villanova, PA. The Employment/Employee Benefits attorney will provide advice and counseling to HR clients and business leaders on a wide range of legal matters, and serve as the primary day-to-day contact for employee compensation and benefits legal issues.Provide practical, daily legal advice on a full range of employee benefits issues, including but not limited to: Compliance with existing and new employee benefit and compensation plan laws and regulations, including CRD-IV, Reg Z, Reg R; Regulatory compliance of employee benefit plans with ERISA, HIPAA, the Affordable Care Act, COBRA, IRC, DOL and IRS Rules and Regulations; The design, administration, compliance and tax treatment of qualified (e.g., pension, 401(k)) and nonqualified deferred compensation plans, including familiarity with 409(A); The design, administration, compliance and tax treatment of incentive compensation plans (cash and equity), including executive compensation arrangements (e.g., stock options, restricted stock units, performance stock units, performance cash awards); Supporting HR with respect to designing and drafting employee benefit plans (including health and welfare plans), plan amendments and summary plan descriptions, employee communications, and the design and implementation of new plans, programs and legislation; Plan administration, including advice regarding eligibility, plan operational issues, plan interpretation and beneficiary entitlements; Advice on plan governance matters, including advice on ERISA and fiduciary responsibilities related to company plans; Participate in the drafting of the Compensation, Discussion and Analysis section of the Form 10(k); Conduct legal and factual research related to internal client requests and initiatives; Work with and supervise outside counsel on benefits related matters; Participate as a team member in acquisition merger, and divestiture outsourcing projects with responsibility for benefits, compensation and other HR related matters; Negotiating agreements with third party service providers; and May provide general labor and employment advice as needed At Santander, we value and respect differences in our workforce and strive to increase the diversity of our teams. We encourage everyone to apply. Qualifications Bachelor’s and Juris Doctor from accredited institution required Minimum 7 years’ experience in law; at least 5 years in the area of compensation and benefits law Experience in the financial services field is desired but not required Active licensed attorney.

Member of a state bar in good standing Proficient with legal software and Microsoft Office applications Ability to work independently on matters within the purview of the position Strong verbal and written communication skills Strong organizational skills and attention to detail are required Administrative skills Ability to research and prepare legal memorandas. Job : Legal_LGAL Primary Location : Massachusetts-BOSTON Schedule : Full-time Job Posting : Nov 29, 2017, 5:04:53 PM

Company info

Santander Bank, NA
Website :

Company Profile
Santander is a locally-focused bank backed by the strength of the Santander Group, a leading global financial institution. Here in the U.S., we offer a broad spectrum of products and services for personal, business, and corporate banking customers.

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