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About the role
- Compensation Consultant at PIMCO overseeing compensation strategy and programs across multiple business lines. Collaborating with cross-functional teams to ensure compliance and competitiveness in compensation practices.
Responsibilities
- Become a subject matter expert in compensation-related HR processes, leveraging knowledge and data to analyze trends, enhance process efficiencies, and drive informed improvements
- Provide data analysis and consultative support for the design and implementation of compensation programs that are corporately aligned, locally relevant, and compliant with applicable regulations
- Support the management of PIMCO's compensation strategy to align with global objectives, motivate performance, and attract and retain high-performing talent while ensuring fiscal responsibility
- Execute core corporate compensation processes, including job architecture, compensation structure design and maintenance, merit and incentive planning, market analysis, strategic hire offers, and governance of variable pay programs
- Contribute to cyclical exercises such as job matching for market data, monthly budget vs. forecast reporting, and the annual pay review process
- Partner with Business Leaders to manage compensation expenses in alignment with their people strategy
- Propose compensation packages for new hires and assist Business Leaders with year-end compensation decisions
- Support communication and education programs related to compensation to enhance employee understanding
- Analyze and provide recommendations to resolve compensation-related issues
- Monitor local market trends to ensure compensation programs remain competitive and responsive to corporate and local business needs
- Stay updated on compensation trends and assess the effectiveness of existing policies, recommending revisions to support strategic objectives and evolving external requirements
- Provide process management and actionable analytics for core compensation processes
- Maintain and support internal compensation-related tools
- Actively participate in enhancing the year-end compensation system, ensuring accurate information maintenance and auditing during the year-end review process
Requirements
- Bachelor’s Degree in Business Administration, Finance, Human Resources, or a related field
- 2-5+ years of experience in Compensation, HRIS, HR Analytics, Finance and related roles, preferably in the Financial Services or Asset Management/Investment Management industry
- At least one year of experience managing or supporting a year-end compensation process is highly desirable
- Intermediate to advanced Excel skills required
- Strong analytical and process execution skills
- Experience facilitating change in a dynamic, multi-business, global environment
- Experience with Workday, Power BI, and/or Decusoft preferred
Benefits
- Total compensation approach including base salary and discretionary bonus
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