Compensation Manager, Vice President

Global Banking is hiring a Vice President to drive compensation strategy and execution for clients within the Investment Bank.

As a Compensation Vice President within Global Banking, you will provide strategic solutions and expert advice to the business and HR business advisors; combining in-depth knowledge of compensation principles, understanding of the business needs, market and regulatory landscape, and associated detailed analysis/models.

Job Responsibilities


* Lead the annual compensation planning processes (both mid-year and year-end), including building tools, performing analysis and reporting to determine compensation funding, allocation and spend, and working with Finance and HR business advisors.


* Develop a comprehensive understanding of business issues and priorities; effectively analyze and diagnose issues; provide clear advice and recommendations to help partners make informed and sound comp-related decisions.


* Support and advise on compensation related activities, including new hire offers, promotions, transfers, budget allocation/forecasting and top talent retention.


* Participate in compensation surveys; independent analysis of internal and external benchmarking data to support business' rationale for compensation decision and strategy; communicate compensation best practices.


* Align with HR business advisors to identify opportunities, improve existing compensation programs, policies and processes to ensure they support business strategy and help drive performance.


* Actively participate in Global Banking and firm-wide projects involving compensation, including but not limited to policy reviews and changes in compensation practices


* Help simplify and improve the way we do things with fresh ideas, strategy, design iteration and implementation to ensure our compensation programs, policies and processes align with business strategy, best practice and our risk and controls framework.


* Be part of a global team representing diversity of thought, experience and backgrounds who are friendly, committed, hard-working and growth oriented.


* Continue to evolve your professional and technical skills with mentorship, training and plenty of hands-on experience.

Required qualifications, capabilities, and skills


* Minimum 6 years of HR or compensation experience


* Ability to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleagues.


* Client focused, proactive and results oriented, with ability to work within a matrixed, geographically dispersed, complex business.


* Self-starter who is comfortable working in a fast-paced/dynamic environment with ability to work well under pressure and to manage multiple priorities.


* Strong analytical, critical thinking and data/information management skills.


* Strong technical skills; Advanced MS Excel and proficiency with other Microsoft applications


* Ability ...