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Vice President of Rewards
4 months ago
Our client, a leading partner in the global FX ecosystem, is actively seeking an experienced professional to join their team as their new Vice President of Rewards. In this role, the Vice President of Rewards will be responsible for playing a significant role in driving the design, implementation, administration and communication of the company's Reward & Benefit programs.
Responsibilities:
The Vice President of Rewards will:
- Play a significant role in driving the design, implementation, administration and communication of reward and benefit programs
- Work closely with the HR Business Partners as well as the business to help ensure that all aspects of benefits and compensation are delivered efficiently and effectively
- Support the Head of Rewards and Data Analytics in the design of compensation plans that consider internal equity, external market competitiveness and the organization's ability to pay
- Assist with annual and ad-hoc reward processes, including salary reviews, bonus allocations, and compensation benchmarking
- Provide ongoing management of HR's compensation system to maximize technology and deliver high standards of service delivery
- Assist in the development of metrics that measure the effectiveness of the firm's compensation programs
- Track and communicate key issues, regulations, practices and trends in compensation that may impact the firm
- Support the HR Business Partners in the recruitment process by analyzing and recommending competitive compensation packages for candidates
- Participate in the annual benefits review, recommending additions, revisions and/or deletion of benefit plans
- Oversee the day-to-day management of Global Benefit Programs including, but not limited to: 401(k), Health and Welfare plans including medical, dental, vision, life, disability, wellness, FSA, executive benefits, etc.
- Collaborate with Finance, Payroll and vendors on administration, reporting, and analysis
- Manage vendor relationships, including SLAs, to ensure excellent service and results
Qualifications:
- 5+ years of Rewards and/or related experience
- Bachelor's Degree
- In-depth experience in the design and administration of Compensation & benefit programs
- Proven analytical, project management and process management skills
- Microsoft Office proficient
- Solid consultative / client service skills
- Great interpersonal skills
- Excellent communication skills (written and verbal)
- Strong attention to detail
- Highly organized
Desired Skills:
- HR certification
- Experience managing and developing HR systems and/or HR reporting