As the world's leader in digital payments technology, Visa's mission is to connect the world through the most creative, reliable & secure payment network - enabling individuals, businesses, & economies to thrive. Our advanced global processing network, VisaNet, provides secure & reliable payments around the world, & is capable of handling more than 65,000 transaction messages a second. The company's dedication to innovation drives the rapid growth of connected commerce on any device, & fuels the dream of a cashless future for everyone, everywhere. As the world moves from analog to digital, Visa is applying our brand, products, people, network & scale to reshape the future of commerce.
At Visa, your individuality fits right in. Working here gives you an opportunity to impact the world, invest in your career growth, & be part of an inclusive & diverse workplace. We are a global team of disruptors, trailblazers, innovators & risk-takers who are helping drive economic growth in even the most remote parts of the world, creatively moving the industry forward, & doing meaningful work that brings financial literacy & digital commerce to millions of unbanked & underserved consumers.
You're an Individual. We're the team for you. Together, let's transform the way the world pays.
The Senior Counsel, Executive Compensation & Benefits will provide specialized legal support & expertise in the areas of compensation, including executive compensation, equity/stock, tax, market data & market trends, as well as more general benefits-related compliance issues. This position will report to our VP, Employment & Social Impact. In addition, this position will work very closely with the SVP, Total Rewards & SVPs in Strategy supporting the work of the Visa Foundation & Social Impact team.
Key priorities listed below:
Advise the Company on legal compliance issues arising out of the design, implementation, compliance & governance of tax qualified & ERISA welfare plans, pension & 401(k) retirement plans & non-qualified retirement plans, executive compensation plans, deferred compensation plans, severance plans, fringe benefit plans & broad-based international equity plans, employee stock purchase plans, & health & welfare plans
Partner with & support the SVP, Total Rewards in designing, modifying, implementing & maintaining Visa's Global Compensation programs
Draft & review legal documents concerning employee benefit plans including summary plan descriptions, annual reports, participant communications & vendor agreements
Analyze health, welfare & wellness plan matters to ensure compliance with ERISA, the Affordable Care Act, COBRA, & HIPAA
Provide guidance on IRC 409A & 162m issues, as well as executive hires & separations
Counsel & prepare materials for & serve as recording secretary for the Company's Pension Benefits Committee for its retirement & pension plans
Advise & work with various senior level business partners, including Human Resources, Finance & Tax, concerning employee benefit plan matters
Negotiate & review agreements with third party administrators & vendors providing services to the Company's health, welfare & retirement plans
Counsel senior executives & members of the Board of Directors including the Compensation Committee on executive compensation matters including: legislative, regulatory & governance developments & initiatives regarding executive compensation, including Securities & Exchange Commission (SEC), Department of Labor, & stock exchange requirements
Advise on ISS/Glass Lewis & investor policies in the area of executive compensation & participate in shareholder engagement relating to the Company's executive compensation practices
Work with Legal, Human Resources & Investor Relations to ensure compliance with benefits-related laws & proper reporting to external agencies for mandatory reporting purposes to ensure regulatory compliance, for example 8-K, 10-K, S-8, etc. as required
Conduct annual legal risk assessment of the Company's compensation programs, including annual bonus plans, long-term incentive plans & sales incentive plans to ensure that the construct of these plans complies with Visa's Code of Business Conduct & Ethics.
Work with Legal & HR teams to support preparation of meeting materials, including Compensation Committee meetings
Partner with Total Rewards team on various on-going projects as well as during annual enrollment & the annual compensation cycle, in particular with regard to the Executive Committee & long term incentive awards, to ensure legal compliance
Partner with Total Rewards team to prepare compensation recommendations for Executive Committee positions, analyze, & update the salary range structure for executive level positions, as necessary.
Support the legal needs of the Visa Foundation
- Provide legal advice & support to the Social Impact team
- 10 years of work experience with an Advanced degree (e.g. Masters/MBA/JD/MD); or a minimum of 5 years of work experience with a PhD
A minimum of ten (10) years of professional experience
Deep subject matter expertise in Employee Benefits & Executive Compensation
Experience providing advice to publicly held companies
Experience advising the compensation committee at a publicly held entity
Bar membership in good standing
Public company in-house experience
- Varies upon the needs of the department
- This position will be performed in an office setting. The position will require the incumbent to sit & stand at a desk, communicate in person & by telephone, frequently operate standard office equipment, such as telephones & computers, reach with hands & arms, & bend or lift up to 25 pounds.
Visa will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of Article 49 of the San Francisco Police Code.
All your information will be kept confidential according to EEO guidelines.