Hybrid Senior Compensation Manager

Posted 15 hours ago

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About the role

  • Serve as a manager leading a team of compensation consultants and be a trusted advisor to business leaders, HR partners, and cross-functional teams by fostering open communication, understanding stakeholder needs, and delivering value-added compensation support.
  • Develop and maintain strong partnerships with HR Business Partners, Recruiters, Finance, Legal, and Total Rewards Communities of Excellence to ensure alignment and consistency in compensation practices
  • Partner with peers across functions to share best practices and consider enterprise impacts of compensation decisions.
  • Assess business priorities and analyze compensation data and trends to deliver forward-thinking actionable recommendations to the business that align pay strategies with organizational goals, talent needs and market dynamics in an executive-ready manner.
  • Leverage business knowledge and compensation analysis to influence the design of the job catalog, base pay structures, differentials, and other compensation programs.
  • Support the annual compensation planning cycle, including merit, bonus, and equity planning, ensure readiness of key stakeholders.
  • Conduct market pricing and benchmarking to inform compensation decisions and maintain competitiveness that are in alignment with business priorities.
  • Review compensation in job offers for reasonableness and alignment with company practices and guidelines, influencing the business and talent acquisition partners as necessary to support equitable decisions.
  • Manage readiness activities for the business in relation to enterprise-wide compensation programs and processes changes
  • Lead compensation workstreams for key business changes such as reorganizations, acquisitions, or new initiatives.
  • Ensure business-specific compensation practices comply with internal policies, regulatory requirements, and risk management standards.
  • Communicate complex compensation concepts clearly to non-compensation audiences, including senior leaders.

Requirements

  • 6+ years of Compensation experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
  • 3+ years of management or leadership experience
  • Deep understanding of Corporate Banking, Investment Banking, and Capital Markets is essential.
  • Strong business acumen specific to these sectors, including familiarity with compensation structures for front-office roles
  • Proven experience in designing, implementing, and managing compensation programs including base pay, incentive pay, and performance management.
  • Familiarity with regulatory compliance and risk governance is highly valued.
  • Experience with end-to-end implementation of strategic change initiatives; including identifying opportunities, influencing stakeholders and delivering an improved employee and manager experience.
  • Ability to advise senior leaders on complex compensation matters, negotiate packages, and align compensation strategies with business goals.
  • Experience consulting on job evaluations, market benchmarking, and pay equity analysis is critical.
  • Effective communicator, capable of presenting with Executives.
  • Advanced Excel skills, experience with Workday or similar HRIS platforms, and the ability to navigate large, sensitive datasets.
  • Strong analytical skills with high attention to detail are expected
  • Ability to manage multiple priorities in a complex, fast paced environment.

Benefits

  • Health benefits
  • 401(k) Plan
  • Paid time off
  • Disability benefits
  • Life insurance, critical illness insurance, and accident insurance
  • Parental leave
  • Critical caregiving leave
  • Discounts and savings
  • Commuter benefits
  • Tuition reimbursement
  • Scholarships for dependent children
  • Adoption reimbursement

Job title

Senior Compensation Manager

Job type

Experience level

Senior

Salary

$159,000 - $279,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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