Date Posted:

2024-08-30

Country:

United States of America

Location:

OT999: 1CP - Farmington, CT One Carrier Place, Farmington, CT, 06032 USA

Location - US, Flexible (Ideally East Coast)

The SVP, Legal, Executive Compensation, Benefits & Employment will provide advice and counsel to colleagues and Business Partners across the Human Resources operating model on executive compensation and benefits matters, as well as acting as the leading counsel on employment matters.

The SVP, Legal, Executive Compensation, Benefits & Employment will ideally be based on the East Coast of the United States and will report directly to the Senior VP & Corporate Secretary. In this role, you will lead with the highest level of integrity, business and personal ethical standards in all aspects of job performance.

Key Accountabilities:

• Provide support in areas of executive compensation and related governance. Duties will include advising on executive compensation disclosures and related securities filings (e.g., S-8, 8-K, proxy statement).

• Participate in Compensation Committee meetings, present on relevant legal topics and function as secretary to the Committee.

• Manage the filing of insider transaction reports, advising on insider trading compliance and related federal securities laws.

• Provide legal support related to the design and operation of health and welfare plans, including related to HIPAA and the Affordable Care Act compliance; & defined contribution plans, both qualified and nonqualified and serve as secretary and counsel to Otis’ fiduciary benefit plan committee.

• Supply timely legal support for HR and benefits for matters throughout the employee lifecycle, including in matters related to new hires, in-service employees, and departures.

• Review plan documentation and participant communications.

• Draft and negotiate employment and separation agreements.

• Negotiate service provider agreements.

• Provide support with pay equity, human capital management and other initiatives and support ESG regulatory compliance.

• Establish and maintain relationships, credibility and trust with clients, stakeholders, legal team members and other colleagues/ business partners.

Experience & Qualifications:

• Juris Doctor from an accredited law school is essential.

• Extensive experience at a nationally recognized law firm, in house legal department for a publicly traded company or ideally a combination of both.

• Comprehensive understanding of ERISA and tax laws that impact executive compensation, including Section 409A of the Internal Revenue Code.

• Thorough knowledge of federal securities law that pertain to executive compensation.

• Specific experience in the following areas: executive compensation plans (including deferred compensation plans and equity compensation plans), defined contribution plans, welfare plans, employment agreements and separation agreements.

• Strong collaboration skills and team oriented.

• Advanced interpersonal and communication skills, including the ability to clearly and concisely present recommendations.

• Strong attention to detail and organizational skills.

• Demonstrated leadership capabilities, managing multiple priorities while consistently meeting time-sensitive deadlines.

• Ability to thrive in a fast-paced environment.

Salary & Benefits

The salary range for this role is USD $320k - $360k. We may ultimately pay more or less than the posted range, and the range may change in the future. Pay within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, and business or organizational needs.

This position is eligible to participate in our annual executive short-term Incentive plan and is eligible to receive equity awards under the Otis executive long-term incentive plan.

Otis currently provides our colleagues with the following benefits:

• 401(k) plan that includes generous company match and a separate automatic retirement contribution

• Comprehensive medical, prescription drug, dental and vision coverage for colleagues and their eligible dependents, beginning on their first day of employment

• Three weeks paid vacation and paid company holidays

• Paid sick leave - Employee assistance and wellness incentive programs

• Life insurance and disability coverage

• Voluntary benefits, such as legal, pet, home, and auto insurance

• Birth/adoption and parental leave benefits

• Adoption assistance

• Tuition reimbursement program

• Peer recognition and service anniversary awards, as well as spot performance bonus opportunities

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.

Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industry's largest Service portfolio.

You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.

When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge. 

We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.

Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do. We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click here (https://www.otis.com/en/us/our-company/esg) .

Become a part of the Otis team and help us #Buildwhatsnext!

Otis is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at careers@otis.com .

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Click on this link (https://www.otis.com/corporate/privacy-policy/Job-Applicant/) to read the Policy and Terms

We go to great lengths to hire and develop the best people, and offer a supportive environment where employees are motivated and empowered to perform at their full potential. Today, we continue pushing the boundaries of what's possible to thrive in a taller, faster, smarter world.