The Senior Managing Counsel, Executive Compensation and Benefits, will serve as a strategic legal advisor to Visa’s executive leadership, Compensation Committee, and Total Rewards team. This role ensures legal compliance and governance across all compensation and benefits programs globally, with a focus on executive compensation, equity, retirement, and health and welfare plans. This role reports to our SVP, Chief Counsel, People, Corporate Responsibility & Communications. In addition, this role provides legal and governance support to Visa Foundation.
Key responsibilities:
- Prepare materials for Compensation Committee meetings; provide legal counsel on executive pay disclosures, shareholder engagement, and executive compensation governance trends. Draft and coordinate executive compensation disclosures in annual proxy statement.
- Counsel senior executives on executive compensation matters including legislative, regulatory, and governance developments, including Securities and Exchange Commission (SEC), Internal Revenue Service (IRS), and stock exchange requirements.
- Advise on shareholder advisory firm and investor policies in the area of executive compensation and participate in shareholder engagement relating to the Company's executive compensation practices.
- Partner with senior leadership to shape and implement global compensation and benefits strategies that align with Visa’s business objectives and regulatory requirements, including design, implementation, and maintenance of global compensation and benefit programs.
- Advise the Company on design, governance, and legal compliance issues relating to compensation and benefit plans, including retirement, non-qualified deferred compensation, severance, health and welfare, wellness, and global equity and employee stock purchase plans. Draft and review legal documents concerning employee benefit plans, including plan amendments, summary plan descriptions, annual reports, participant communications, and vendor agreements.
- Advise on compliance with ERISA, COBRA, HIPAA, 409A, and other applicable IRS/DOL and regulatory requirements, as well as executive hires and separations.
- Counsel, prepare materials for, and serve as recording secretary for the Company's retirement plan fiduciary committee.
- Support due diligence and integration efforts related to M&A and other corporate transactions.
- Support grants, impact investments, governance, and other legal needs of Visa Foundation.
This is a hybrid position. Expectation of days in office will be confirmed by your Hiring Manager.