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Compensation & Benefits Attorney

Company: Silicon Valley Bank
Location: Palo Alto
Posted on: May 3, 2021

Job Description:

Compensation/Benefits Attorney SVB Financial Group and its subsidiaries, including its principal banking subsidiary, Silicon Valley Bank provides financial and banking services to companies in technology-related, life science/healthcare, private equity/venture capital and premium wine industries. Along with commercial banking products and services provided by Silicon Valley Bank, we offer asset management, private wealth management and other investment services. We also offer investment banking services and non-banking products and services, such as funds management, M&A advisory services, venture capital and private equity investment, through our other subsidiaries and divisions. In addition, we focus on cultivating strong relationships with firms within the private equity and venture capital community worldwide. _____________________________ SVB is currently seeking candidates for the position of Corporate Counsel (or other title depending on experience) to advise on global compensation and benefits and other general corporate work. The successful candidate must have strong knowledge of core federal and state compensation/benefits and related tax laws and regulations, including ERISA, Internal Revenue Code (including Section 409A), as well as compensation disclosure and governance requirements under applicable SEC and NASDAQ rules. Experience working with or for a banking institution or other regulated business is a plus. SVB is headquartered in the Bay Area in Santa Clara, California. This position may be based in any of the following key SVB office locations: California (Santa Clara, San Francisco or Palo Alto); New York (New York City); Arizona (Tempe); Colorado (Denver) or other location near an SVB U.S. office. The position will report to the Deputy General Counsel. Responsibilities: - Advise on all global compensation (including executive compensation) and benefit matters, including the design, implementation and administration of:- Incentive or compensatory plans (cash or equity incentive plans, deferred compensation plan, or sales incentive plans), - Employee stock purchase plan - Retirement plans (401k and employee stock ownership plan) - Carried interest plans (for funds management business) - Retention arrangements - Health and welfare programs - Relevant policies (including recoupment policy) - Advise on all compensation matters with respect to mergers and acquisitions - Advise on tax-related matters, including Section 409A or 280G of the Internal Revenue Code) - Prepare compensation-related disclosures as required by the SEC or other regulatory authority (including compensation discussion and analysis of the proxy statement) - Assist with supporting matters involving the 401k committee and as necessary, the Compensation Committee of the Board - Advise on corporate governance relating to compensation matters - Provide legal support of the Companys diversity, equity and inclusion initiatives and other human capital management matters - Advise on general labor and employment matters, including wage and overtime standards, payroll, leaves of absence and employment termination

Keywords: Silicon Valley Bank, Palo Alto , Compensation & Benefits Attorney, Other , Palo Alto, California

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