Director, Compensation

About This Role

This leadership role within the Total Rewards team focuses on formulating and implementing innovative compensation strategies. The Director will lead a team of compensation professionals, partner with senior leaders, and represent client perspectives in enterprise-wide initiatives. It suits an experienced leader with a strong analytical approach and excellent communication skills.

Responsibilities

• Lead and develop a team of Compensation professionals to ensure a thorough understanding of business strategy in relation to enterprise compensation strategy
• Design, deliver, and manage compensation programs for assigned client groups in a well-managed way
• Create a culture of belonging and collaboration through attracting, actively developing, and supporting talent across Compensation
• Lead meetings with senior executives, including developing compelling meeting materials, challenging and debating respectfully, and influencing outcomes
• Lead strategic compensation projects, key initiatives, or processes horizontally, caring for the needs of clients enterprise-wide
• Define the roadmap and destination state in alignment with the Total Rewards vision
• Oversee all aspects of Line-of-Business (LOB) incentive plans for designated client groups, with a strong emphasis on plan design and governance
• Lead team and clients through mid-year and year-end compensation cycles, ensuring smooth execution and managing within internal controls
• Proactively manage risks, applying sound judgment and business acumen
• Exhibit thought leadership and foster strong relationships both within Total Rewards and across client and partner groups (e.g., HR Business Partners, Talent Acquisition, DIB, Finance, Legal, Enterprise Risk) including approaching work with a
• Serve as escalation point, owning resolution with partners and business leaders within client group (e.g. offers, retention, pay exceptions)
• Proactively stay up-to-date on industry and market trends that may impact the ability to attract and retain talent
• Strong problem-solving capabilities leveraging an outside-in lens to develop innovative solutions

Requirements

• Bachelor
• At least 7 years of experience in compensation, finance, or human resources
• At least 3 years of experience in people leadership

Nice to have:

• Master
• Certified Compensation Professional (CCP)
• 5+ years of experience effectively leading and communicating compensation strategies at all levels including the C-Suite
• 5+ years of experience in the Financial Services or Tech industry
• Experience designing incentive plans
• Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation