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    Compensation Director - Boston, United States - Private Equity

    Private Equity
    Private Equity Boston, United States

    1 week ago

    Default job background
    Description

    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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