Compensation Vice President

1 month ago

New York, New York, United States PIMCO Full time
Job Title: Compensation Vice President

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients' capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world's largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

About the Role

We are seeking a highly motivated and experienced Compensation Vice President to join our Total Rewards team. The successful candidate will be responsible for leading and enhancing our comprehensive compensation framework, overseeing a broad spectrum of compensation elements, and collaborating closely with key stakeholders across business leadership, Human Resources, Finance, and Legal departments.

Key Responsibilities
  • Act as the primary authority on all compensation-related matters, leveraging deep expertise to drive process enhancements and introduce innovative solutions.
  • Collaborate closely with Talent Acquisition, HR Business Partners, and senior management to develop compelling compensation packages for new hires and existing employees, ensuring clear communication and alignment with organizational goals.
  • Maintain a keen awareness of emerging trends and regulatory changes in compensation, recommending timely adjustments to maintain competitive and compliant programs.
  • Spearhead the communication strategy for compensation initiatives, enhancing participant understanding and appreciation of the value provided by PIMCO's Total Reward offerings.
  • Innovate in the management and analysis of compensation data, utilizing advanced tools such as Excel, Workday (Adaptive Planning), and external vendor platforms to produce insightful analytics and streamlined reporting.
  • Manage vendor partnerships effectively, pushing boundaries to maximize service delivery and achieve excellence in operational functions.
  • Formulate data-driven strategies to enhance the efficacy and reach of various compensation programs, ensuring alignment with organizational objectives.
Requirements
  • BA/BS degree in Business Administration, Finance, Human Resources, or a related field.
  • A minimum of 7 years of experience in compensation design and delivery, preferably within the financial services sector.
  • Demonstrated proficiency in Excel; familiarity with Workday and other compensation management systems is highly desirable.
  • Proven track record in managing complex compensation structures and vendor relationships.
  • Experience with Workday and/or Beqom preferred.
Salary and Benefits

PIMCO follows a total compensation approach when rewarding employees, which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.

Salary Range: $175,000.00 - $240,000.00

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws.

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