Compensation Director - Boston, United States - Cambridge Associates LLC

Cambridge Associates LLC

Verified Company

Boston, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

Firm Overview

Cambridge Associates is a leading global investment firm and aim to help endowments & foundations, pension plans, and high net worth private clients implement and manage custom investment portfolios that generate outperformance and enable them to maximize their impact on the world.

Working alongside its early clients, Cambridge Associates pioneered the strategy of high-equity orientation and broad diversification, which since its inception in the 1980s has been a primary driver of performance for institutional investors.

Today, we deliver a range of portfolio management services, including outsourced CIO, non-discretionary portfolio management, investment staff extension, and asset class mandates.

Cambridge Associates maintains offices in major financial centers across the globe, with headquarters in Boston, MA.

Working with some of the world's most sophisticated institutional investors, we bring a deep knowledge of portfolio management best practices to the clients we serve and, select our colleagues with great attention to their potential to become a valuable member of a collaborative, intelligent and hard-working team.

Position Overview:

Responsibilities:

Work closely with Human Capital Business Partners and senior managers across several business areas at the firm, providing data driven insights for all compensation decisions. Ensure all compensation decisions are aligned with the compensation philosophy of the firm.
Provide oversight for the yearend salary increase and bonus process, including Workday functionality and analysis of compensation decisions; ensure all business units remain in budget.
Evaluate pay decisions and recommendations for both base and variable pay, ensuring equity and consistency across the firm.
Work with Business Partners in construction/evaluation of career paths, including determining compensation ranges for positions in consideration of market data and internal alignment.
In collaboration with others on the Compensation team, work on cyclical processes including survey submissions, Total Reward Statements, compensation transparency efforts, internal equity analysis, survey analysis, data accuracy, and the yearend process.
Serve as a resource for other members of the Compensation team to ensure accuracy of work/spreadsheets.
Partner with Head of Compensation to support special projects including carried interest and evaluation of potential acquisitions.
Communicate compensation philosophy and programs to employees and managers, ensuring transparency and understanding.
Stay aware of industry best practices, trends, and regulatory changes to inform changes to our compensation strategy.
Other responsibilities as assigned.

Qualifications:

710 years of experience in compensation, with a strong emphasis on compensation consulting and analysis
Indepth knowledge of compensation principles, practices and regulations
Excellent communication skills, both written and verbal
Strong clientfacing and presentation skills, with the ability to influence stakeholders at all levels of the organization
Strong team player with the ability to execute on both strategic and tactical work
Experience with equity and carried interest plans a plus
Strong written and verbal communication skills
Strong interpersonal and organizational skills
Certified Compensation Professional (CCP) designation a plus
Experience with Workday a plus
Must be eligible to work in the US without employer sponsorship

Position is hybrid with expectation of 50% of working days/month in the office