Executive Compensation Strategist
5 days ago
We are seeking a seasoned professional to lead our executive compensation programs and ensure compliance with regulations. The ideal candidate will have extensive experience in designing and administering executive compensation programs, as well as strong analytical and communication skills.
Key Responsibilities- Design, implement, and administer compensation programs for eligible employees, officers, and executives of the Corporation.
- Analyze and prepare various reports on executive incentive plans, stock option plans, and long-term capital accumulations.
- Conduct and participate in surveys of competitive executive compensation and variable pay practices.
- Advise senior management on issues involving the interpretation and administration of executive compensation programs.
- Monitor and review complex long-term incentive programs and executive salary administration to ensure consistency and compliance with Corporate policy, guidelines, and budgets.
- Keep abreast of compensation policies and trends relating to the Corporation's compensation policy/programs, such as executive incentive plans, stock plans, etc.
- Oversee the administration of executive compensation plans and executive compensation analysis.
- Makes staffing decisions, manages expenses and salary review process for the division.
- Participates in developing division strategic plan and sets goals and priorities based on the direction set for the unit; follows through to ensure that objectives are met.
- Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication.
- 10 or more years of experience in executive compensation and/or related compensation disciplines in financial services.
- Demonstrated proficiency via extensive technical and business knowledge and functional expertise in designing and administering executive compensation.
- Excellent verbal, written, and presentation communication skills. Experience with conducting presentations to clients, peers, and/or senior management related to reward materials.
- Demonstrated ability to consult and interface with all levels of management and apply influencing skills.
- Past experience demonstrating strong change management and project management skills.
- Ability to solve highly complex problems through quantitative and qualitative analysis in a team-based environment.
- Critical attention to detail - demonstrated ability to consistently deliver at a high level of accuracy.
- Highly proficient in Excel, Word, and PowerPoint.
- Interprets internal/external business challenges and recommends best practices to improve products, processes, or services.
- Communicates difficult concepts and negotiates with others to adopt a different point of view.
- Proven ability to coach, train, mentor, and engage a small team of professionals.
We have a balanced hybrid working model to ensure you get the flexibility you need. The successful candidate will spend their time between working in the office and working from home.
About Northern Trust CorpNorthern Trust Corp is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. We are proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity.
We are committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at .
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