Benefits & Compliance Analyst

The selected candidate will research and notify management of federal and state laws impacting employee benefits programs and/or Human Resources policies;
Establishes procedures ensuring compliance with internal and external policies, procedures and regulations.
Provides applicable benefits analysis and benchmarking.
Supports government relations activities to support/oppose pending legislation.
Research current and proposed federal and state laws that could impact the cost,administration or design of employee benefit programs and/or Human Resources policies.
Identify and summarize potential impact of legislation on existing plans and programs.
Work with internal benefits team, legal counsel, and internal audit and outside vendors to establish and maintain policies and procedures to ensure and document ongoing compliance.
Monitor and update procedures and documentation as required.
Provides cost/benefit and statistical analysis to current or potential benefits plans.
Participates in industry surveys and committees to share best practices.
Assist internal and external auditors with all requests for information in order to complete audits, as required.
Act as back-up in communicating benefits and policy changes.
Adhere strictly to compliance and operational risk controls in accordance with Company and regulatory standards, policies and practices; report control weaknesses, compliance breaches and operational loss events.
Complete other related duties as assigned and support the Company’s Diversity programs.

We are proud to be an EEO/AA employer. We value diversity and offer a quality workplace.




job Requirements



Bachelor’s degree in business, related field or equivalent experience

Three years proven employee benefits experience, or equivalent

Strong understanding of benefits-related programs to include group insurance, 401(k), pension, managed care, ERISA, HIPPA, COBRA and FMLA law

Proficiency with personal computers as well as pertinent mainframe systems and software packages

Strong analytical, organizational, interpersonal, problem-solving and verbal and written communication skills HSBC Compensation
HSBC is a pay for performance company with policies and programs designed to ensure all employees receive fair and equitable compensation based on performance. Our compensation program is designed to attract, motivate, develop and retain the very best people.



HSBC Benefits
We are proud of our comprehensive flexible benefit program. Our program allows our employees to select the features that make the most sense for their individual and/or dependent(s) needs. Our benefit features include, but are not limited to; medical, prescription drug, dental, vision, life insurance, short and long term disability, retirement plans, stock option purchase plan, and a competitive time off program. / gj-hh