
Strategic Compensation Expert
2 weeks ago
Role Overview
\The successful candidate will be a visionary leader, responsible for developing and implementing effective compensation strategies that align with the organization's objectives. They will partner with HR Business Partners and Talent Acquisition to advise on compensation practices and deliver practical solutions to drive business results.
\Key Responsibilities Include:
\- Developing and implementing strategic reward programs to enhance employee engagement and retention;
- Collaborating with senior leaders and cross-functional teams to ensure alignment of reward strategies with business objectives;
- Conducting benchmarking studies and research industry best practices to support the development and enhancement of compensation strategies;
- Driving effective communication and engagement strategies on rewards programs and initiatives;
- Developing and refining the compensation planning worksheets and excel-based simulations to support incentive plan designs;
- Staying updated on emerging trends and developments in Total Rewards (including Mobility) and providing strategic recommendations based on market insights;
- Building and maintaining strong relationships with external vendors, consultants, and industry networks to leverage expertise and stay informed about emerging practices;
- Ensuring accuracy and compliance with audit requirements relating to compensation processes and records;
- Leading the development and implementation of any rewards projects, structures, and processes.
Requirements
\To succeed in this role, you will need to have:
\- A minimum of 12 years of relevant work experience in compensation;
- An accounting/finance/economics/statistics or related degree will be an advantage;
- Excellent proficiency in Microsoft Excel and PowerPoint. Programming/computing knowledge is an advantage;
- Strong communication and interpersonal skills are essential;
- Ability to work collaboratively and pivot in a constantly evolving environment;
- Self-starter who enjoys working in a fast-paced environment, strong attention to details, and high degree of accuracy for both numerical and written work are critical success factors;
- Knowledge of financial services industry will be an advantage.
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