Job Title: HR Consultant – OMBP
Location: Hybrid Work Model Reporting to San Antonio, TX
Monday - Friday is required in the office in the beginning for training, then will switch to a hybrid position of 3 days a week on-site.
Pay Rate: $48/hr. W2
Position Type: Multiyear Contract
Description
The HR Consultant will be responsible for daily administration, compliance, and governance of the Germany and the United Kingdom pension programs under the Overseas Military Banking Program (OMBP), while also supporting additional human resources functions and initiatives. This role ensures accurate pension plan management, will answer pension/retirement-related inquiries via email/phone calls, and partners with internal and external stakeholders and vendors to maintain compliance with regulatory requirements. The ideal candidate is detail-oriented, highly organized, and knowledgeable in pension regulations, and financial reporting is a plus.
Responsibilities
- Administer day-to-day operations of the Germany Pension Plan, including defined benefit and defined contribution plans.
- Serve as the primary point of contact for the Germany Pension Plan. Answer pension inquiries from internal and external customers, including eligibility, calculations, and the retirement process.
- Coordinate with the pension team, third-party administrators, actuaries, auditors, and legal counsel to ensure accurate and compliant plan administration.
- Review and reconcile pension-related data, payroll records, contribution files, and actuarial reports.
- Monitor and ensure compliance with ERISA, IRS, DOL, and other applicable regulations when needed.
- Support annual pension audits, census, AFN notifications, actuarial valuations, nondiscrimination testing, and government filings (e.g., Form 5500).
- Maintain pension documentation, policies, communications, and required disclosures.
- Identify opportunities to streamline processes, improve compliance, and enhance employee understanding of pension benefits.
- Scan and digitize manual pension documents to establish and maintain an organized electronic filing system.
- Vendor Management and invoicing.
- Initiate, coordinate, and finalize Contract Renewals with our vendor management team and outside vendors.
- Create and update procedures as needed.
- Cross-training in other areas of Human Resources, such as benefits, recruiting, etc.
Required skills: - 3-5 + years of experience in pension administration and a background in Human Resources.
- High proficiency in Excel and HRIS systems.
- Excellent analytical, communication, and problem-solving skills.
- Strong attention to detail and ability to handle sensitive data confidentiality.
- Experience with US retirement plans.
Desired skills - BBA in HR, Finance, Business Administration, or related field.
- Strong knowledge of ERISA, IRS regulations, retirement plan compliance, and related reporting requirements.
- Experience with international pension plans.
- Experience working with actuaries, auditors, and third-party administrators.
Background in financial reporting or audit coordination.
System One, and its subsidiaries including Joulé and Mountain Ltd., are leaders in delivering outsourced services and workforce solutions across North America. We help clients get work done more efficiently and economically, without compromising quality. System One not only serves as a valued partner for our clients, but we offer eligible employees health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, voluntary plans, as well as participation in a 401(k) plan.
System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law.
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Ref: #851-Rockville-S1
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