United States-California-San Francisco
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What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values—straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.
Job Description Summary
Perform complicated analyses and manage projects, administer executive compensation programs, and provide services and support for Executive Compensation Team.
Essential Job Functions
Administer the holding company and other non-qualified deferred compensation plans including ensuring that participants are reported, enrolled and paid according to plan elections and plan documents and in a timely fashion. Company liaison to the third party vendors on all administration, compliance, and system issues including annual open enrollment.
Responsible for tracking all short-term and long-term incentive plan targets, participants, and awards to ensure proper accruals, calculations and communications. Works with finance and tax to report information for accounting adjustments as necessary.
Creates materials for Bank of the West and BancWest Corporation Compensation Committee standard reports and special reports.
Maintains executive program participation data on the HR database system. Ensures that all executive perquisites are paid promptly by payroll and all imputed income for executive perquisites are accounted in the final W-2 pay including verification of data from employees.
Answers questions from executives regarding programs and greets new executives to the Bank or those newly promoted and advises them of their participation in executive compensation and benefit programs.
Liaison with third party vendor regarding all information on BOLI/COLI participants including the annual social security check for participants.
Analyze periodic trust statements and plan liability statements for all plans to balance with payments and liabilities.
Liaison with third party vendor regarding all information on BOLI/COLI participants including the annual social security check for participants Assist with providing data, analytics and information as requested by Compensation management Provide analytics or project support in response to BNPP or IRB requests as directed.
Other Job Duties
Performs other duties as assigned.
Requires deep knowledge of job area typically obtained through advanced education combined with experience.
Typically viewed as a specialist within discipline.
May have broad knowledge of project management.
Requires 7 years minimum prior relevant experience.
Licenses & Certifications
Experience with and knowledge of qualified and non-qualified benefit programs.
Basic understanding of the tax code and regulatory reporting as it relates to compensation and benefits.
Ability to analyze data and synthesize trend summaries.
Knowledge of disclosure reporting both for annual report and for FDIC.
Basic understanding of ERISA, HIPPA, 409A, 162M.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Website : http://www.bnpparibas.com
BNP Paribas in the United States is part of a far-reaching global banking network, offering its clients a full range of services from investment and retail banking to asset management services. BNP Paribas has been present in the country since 1919 as the French American Banking Corporation and currently has over 14,000 employees in the US.