About CLS:

CLS is the trusted party at the centre of the global FX ecosystem. Utilized by thousands of counterparties, CLS makes FX safer, smoother and more cost effective. Trillions of dollars’ worth of currency flows through our systems each day.

Created by the market for the market, our unrivalled global settlement infrastructure reduces systemic risk and provides standardization for participants in many of the world’s most actively traded currencies. We deliver huge efficiencies and savings for our clients: in fact, our approach to multilateral netting shrinks funding requirements by over 96% on average, so clients can put their capital and resources to better use.

CLS products are designed to enable clients to manage risk most effectively across the full FX lifecycle – whether through more efficient processing tools or market intelligence derived from the largest single source of FX executed data available to the market.

Our ambition to make a positive difference starts with our people. Our values underpin everything that we do at CLS and define our working environment:

Pivotal purpose
Trusted guardian
Targeted innovation
Facilitate connections
Delivering excellence
Inclusive culture

Summary:

We are seeking a skilled Benefits Administrator for a contract role, focused on managing US benefits administration. This role includes day-to-day tasks and leading the 2027 Open Enrollment, ensuring seamless administration and compliance with regulations.

Responsibilities:

Administer day-to-day US benefits operations, including leading the 2027 Open Enrollment process.
Support Leave of Absence (LOA) tracking and administration in compliance with NJ and NY requirements.
Respond to employee benefits inquiries, escalating complex issues as necessary.
Resolve eligibility and enrollment discrepancies with vendors.
Maintain accurate records across HRIS and vendor systems.
Address employee inquiries related to the 401(k) plan, covering eligibility, enrollment, and general plan information.
Prepare recurring and ad hoc reports, such as enrollment, eligibility, and headcount.
Track and document outstanding items to ensure timely resolution.
Liaise with brokers and insurance carriers to resolve issues, discrepancies, and data requests.

Required Skills:

Bachelor’s degree in Human Resources, Business Administration, or related field, or equivalent experience.
6-8+ years of experience in benefits administration.
Experience managing LOA programs, including knowledge of NJ and NY state leave requirements.
Understanding of employer-sponsored 401(k) policies, procedures, and employer match.
Experience supporting or coordinating health and wellbeing programs.
Strong experience with benefits invoicing and billing.
Familiarity with federal and state benefits regulations, including FMLA, ERISA, ACA, COBRA, and HIPAA.
High attention to detail with strong analytical and problem-solving skills.
Ability to work effectively in a dynamic, fast-paced environment.

Our commitment to employees:

At CLS, we celebrate inclusion and consider this to be one of our strongest assets. We are committed to fostering an environment in which everyone feels comfortable to be who they are, and inclusion is valued. All employees have access to our inclusive benefits, including:

Holiday - UK/Asia: 25 holiday days and 3 ‘life days’ (in addition to bank holidays). US: 23 holiday days.
2 paid volunteer days so that you can actively support causes within your community that are important to you.
Generous parental leave policies to ensure you can enjoy valuable time with your family.
Parental transition coaching programmes and support services.
Wellbeing and mental health support resources to ensure you are looking after yourself, and able to support others.
Employee Networks (including our Women’s Forum, Black Employee Network and Pride Network) in support of our organisational commitment to embrace and always be learning more about inclusivity.
Hybrid working to promote a healthy work/life balance, enabling employees to work collaboratively in the office when needed and work from home when they don’t.
Active support of flexible working for all employees where possible.
Monthly ‘Heads Down Days’ with no meetings across the whole company.
Generous non-contributory pension provision for UK/Asia employees, and 401K match from CLS for US employees.
Private medical insurance and dental coverage.
Social events that give you opportunities to meet new people and broaden your network across the organisation.
Annual flu vaccinations.
Discounts and savings and cashback across a wide range of categories including health and retail for UK employees.
Discounted Gym membership – Complete Body Gym Discount/Sweat equity program for US employees.
All employees have access to Discover – our comprehensive learning platform with 1000+ courses from LinkedIn Learning.
Access to frequent development sessions on a number of topics to help you be successful and develop your career at CLS.

Senior Benefits Specialist (CONTRACTOR)

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