Compensation Director

2 weeks ago

Boston, United States Private Equity Full time

Exciting Opportunity in Compensation Management We're seeking an experienced compensation professional to join our team and play a crucial role in designing, modeling, and analyzing compensation programs for various units. Reporting directly to the Head of Total Rewards, you'll lead compensation planning, forecasting, and the year-end and mid-year compensation salary and bonus cycles. Collaboration with senior leadership, business unit leaders, HRBPs, and finance members is key to success in this role.

Key Responsibilities:

  • Develop the compensation strategy and communicate related employee communications
  • Collaborate with business units and HRBPs on annual compensation reviews, bonus planning, and competitive offers
  • Create and present materials on compensation and analysis for executive meetings
  • Prepare and distribute reports on a regular and ad hoc basis
  • Respond to compensation data inquiries from managers and employees
  • Collaborate with Finance on compensation expense models
  • Synthesize complex analysis into actionable insights for senior leadership
  • Recommend solutions for compensation-related issues
  • Mentor junior compensation professionals

General Qualifications:

  • 12-18 years of previous experience in an analytical Compensation role, preferably in the financial services industry
  • Bachelor's degree required
  • Solid understanding of financial concepts, including experience with financial modeling
  • Strong interpersonal skills with the ability to influence and communicate effectively
  • Experience with incentive plan design and equity program management
  • Prior management experience
  • Ability to develop and adapt compensation strategies to meet business needs
  • Strong analytical skills with the ability to drive decisions from quantitative and qualitative data
  • Collaborative mindset with excellent communication and presentation skills
  • Excellent attention to detail
  • Proficiency in Excel (Vlookup, Indexing, Sumproduct, Pivot Tables, Graphs/Charts)
  • Ability to prioritize workload, meet deadlines, and handle confidential information
  • Prior experience with carried interest plans a plus
  • Strong project management skills
  • MBA and/or CFA a plus

If you're a proactive leader with a passion for compensation management and meeting high expectations, we invite you to apply and be part of our innovative team

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