About the Company:
Our client is currently recruiting for a Compensation Manager to join our Human Resources team. In this role you will advise on and deliver competitive, cost-effective compensation policies, programs and practices for the global Revenue business groups within Investor Services the Firm, while also managing all EU and UK remuneration directives. This will be accomplished by providing compensation consultative guidance, analysis, support, such as funding model scenarios, bonus and salary projections, planning budgets, salary and bonus compensation planning, reconciliations, promotion programs, and delivery of market trends analysis and reporting. The role will also oversee remuneration directive compliance in our Poland, Luxembourg, Ireland and UK offices. As a member of the Firmwide compensation team, this role leads and or participates in the delivery of Firmwide Compensation programs, processes, practices, controls, and governance in delivery of Firmwide compensation and in support of broad HR.
About the Role:
Some of your key responsibilities include:
- Participate in ongoing review of compensation practices, policies, and processes. Lead these activities for their assigned business areas.
- Oversee location-specific regulatory compensation mandates
- Collaborate with Talent Acquisition to develop competitive compensation offers for new hires.
- Lead execution of the Total Compensation Planning cycles for assigned business areas.
- Develop compensation communications for HRBPs, managers and employees
- Execute the compensation market survey process for assigned business areas.
- Benchmark clients jobs and practices to external market surveys
- Track key issues and trends in compensation, by participating in industry groups, conducting benchmarking studies, and gathering market intelligence from Recruiters.
- Analyze data from external and internal sources to prepare competitive intelligence summaries and compensation strategy recommendations to business leaders.
- Review new and existing job descriptions and level to appropriate grade in the clients job hierarchy
- Act as lead and/or team member on compensation related projects such as compensation program design and implementation, external benchmarking studies, and functional promotion review.
- Lead or participate in broad HR initiatives
Qualifications:
Bachelor’s degree in HR, business or finance or related work experience
Required Skills:
- 5 + years relevant compensation experience
- Ability to manage multiple, high priority tasks and adjust to shifting priorities, while meeting deadlines
- Excellent organizational and follow up skills with a strong attention to detail
- Extensive knowledge of compensation best practices
- Ability to work independently and interact with all levels of management in a professional and positive manner.
- Strong, interpersonal, communication and presentation skills
- Pay Equity Analysis principles and methodology
- Excellent PC skills, including Microsoft Office Suite and Access
Preferred Skills:
- EU/UK remuneration regulatory experience is desirable
- Experience working with McLagan, Radford and KFHG surveys and databases a plus
- Job Architecture Framework development or project execution
- Experience with Workday & People fluent
- Compensation experience in the financial services industry preferred
- CCP certification (in process or achieved)
Pay range and compensation package:
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, age, genetic information, creed, marital status, sexual orientation, gender identity, disability status, protected veteran status, or any other protected status under federal, state or local law.