Employment ERISA and Employee Benefits Legal Specialist
Chicago, IL, US, 60606
In compliance with applicable laws, HSBC is committed to employing only those who are authorized to work in the US. Applicants must be legally authorized to work in the U.S. as HSBC will not engage in immigration sponsorship for this position.
As an employment, ERISA and Employee Benefits Specialist, you will play a pivotal role in managing and presenting complex information to various committees, developing strategic responses, and overseeing claims and appeals processes. Your expertise in ERISA and employee benefits-related laws will be crucial in ensuring compliance and efficiency across bespoke projects and legal matters. Your experience in employment and litigation will be crucial to managing discovery, outside counsel and witnesses.
Key Responsibilities:
- Present relevant items to the Benefits Administrative Committee and Claims and Appeals Subcommittee
- Develop strategies for proposed responses, verifying them with team lawyers
- Assist in managing outside counsel to ensure claims, appeals, and cases run smoothly and efficiently
- Oversee the review and resolution of COLI/BOLI claims
- Conduct discovery by gathering and reviewing documents and information
- Collaborate with HR colleagues and external counsel to ensure effective communication and understanding
- Review HSBC Pension and 401(K) Investment Management Agreements
- Collaborate on specific WPB ERISA projects, including Fiduciary Rule Working Group and PTE 2020-02 Working Group
- Leverage AI and the Productivity Suite to enhance efficiency in legal processes
Qualifications:
- Sophisticated knowledge of litigation, employment law, ERISA and employee benefits-related laws
- Proven ability to manage complex legal processes and collaborate effectively
- Strong leadership skills and ability to influence colleagues at all levels
- Excellent communication skills and proficiency in technology tools
As an HSBC employee, you will have access to tailored professional development opportunities to ensure you have the right skills for today and tomorrow. We offer a competitive pay and benefits package including a robust Wellness Hub, all in a welcoming and inclusive work environment. You will be empowered to drive HSBC’s engagement with the communities we serve through an industry-leading volunteerism policy, a generous matching gift program, and a comprehensive program of immersive Sustainability and Climate Change Initiatives. You’ll want to join our Employee Resource Groups as they play a central part in life at HSBC, including the development of our employees and networking inside and outside of HSBC. We value difference. We succeed together. We take responsibility. We get it done. And we want you to help us build the bank of the future!
Your final fixed pay offer will depend on the candidate and several variables, including but not limited to, role responsibilities, skill set, depth of experience and education, licensing/certification requirements, internal relativity, and specific work location.
All qualified applicants will receive consideration for employment without regard to age, ancestry, color, race, national origin, ethnicity, disability or medical condition, genetic information, military or veteran service, religion, creed, sex, gender, pregnancy, childbirth, caregiver status, marital status, citizenship or immigration status, sexual orientation, gender identity or expression or any other trait protected by applicable law.
Nearest Major Market: Chicago