[Remote] U.S. Financial Benefits Program Manager
Note: The job is a remote job and is open to candidates in USA. Lam Research is currently hiring for the position of U.S. Financial Benefits Program Manager as part of their Global Benefits team. This role is responsible for managing and administering U.S. retirement plans, vendor partner relationships, and improving operational solutions to enhance employee engagement with benefit programs, with a strong emphasis on compliance.ResponsibilitiesManage day-to-day operations for U.S. Retirement Benefit Programs, including 401(k), Deferred Comp, Employee Stock Purchase, and Retiree Health within multiple systemsActively manage vendor partnersOversee funding and reconciliation between payroll systems and recordkeepersAct as an intermediary for file feed support and escalationsProvide training and guidance to the help desk; respond to Tier 2 inquiriesConduct regular audits and identify issues and opportunities for streamlined processes and enhanced educationManage all aspects of compliance, including overseeing the annual 401(k) audit, non-discrimination testing, SOC 1 reporting, and 5500sKeep up to date on DOL and IRS regulatory compliance and execute annual required noticesOrganize quarterly 401(k) committee meetings, including preparing the agenda, gathering materials, actively updating the committee, and taking minutesProvide ongoing support for the employee stock purchase program, as well as communication support for Open EnrollmentDraft and implement effective employee communications, benefit collateral, and educational presentationsManage Open Enrollment for retiree health and welfare benefitsManage ongoing vendor relationships, including program analysis and strategic recommendationsAct as project manager for major benefit projects (i.e., program and system implementations and upgrades)Identify opportunities to improve existing and sustainable processes to enhance the employee and administrative experienceEstablish strong cross-functional partnerships with HR Shared Services, HRBPs, Legal, Payroll, and FinanceSkillsBachelor's degree in Human Resources, Business, or a related field, or equivalent experience/training, with a minimum of 12+ years of related experience; or 8 years with a master's degree; or a PhD with 5 years of experience12+ years of relevant benefits experience; global benefits experience (especially in Asia) is a big plusStrong program and vendor management experienceExperience with project management and cross-functional workStrong and current knowledge of the regulatory landscape, including ERISA, 409A, IRS, and other federal and state employment lawsExtensive advanced experience with Microsoft Excel, PowerPoint, and WordProficiency with HRIS and understanding of payroll conceptsProficiency with AI toolsStrong negotiation skills; can reach appropriate resolution in many varied situationsBenefitsLam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3+ days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.Company OverviewLam Research supplies wafer fabrication equipment and services to the worldwide semiconductor industry. It was founded in 1980, and is headquartered in Fremont, California, USA, with a workforce of 10001+ employees. Its website is http://www.lamresearch.com.Company H1B SponsorshipLam Research has a track record of offering H1B sponsorships, with 30 in 2026, 242 in 2025, 239 in 2024, 170 in 2023, 216 in 2022, 242 in 2021, 182 in 2020. Please note that this does not guarantee sponsorship for this specific role.