HCM - Firmwide Compensation Classic Role - Associate - Bengaluru

  • Competitive
  • Bangalore, Karnataka, India
  • Permanent, Full time
  • Goldman Sachs International
  • 23 Feb 19

HCM - Firmwide Compensation Classic Role - Associate - Bengaluru

MORE ABOUT THIS JOB
WHO WE ARE
The Goldman Sachs Group, Inc. is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. The firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers around the world.

HUMAN CAPITAL MANAGEMENT
Our division recruits, develops and rewards the people of Goldman Sachs. Our teams advise, design and implement strategies, processes and technologies that help our people advance professionally, drive productivity and help the firm and our clients achieve superior results. We look for individuals with strong problem solving and analytical skills, innovative thinking and intellectual curiosity who want to make an impact on the success of the firm's most valuable asset, our people.

RESPONSIBILITIES AND QUALIFICATIONS
Summary:
The India compensation Associate is responsible for leading key India Compensation programs as part of the compensation team. The Firmwide Compensation team drives the development and implementation of our compensation philosophy, policies, and practices around the world, supporting our best efforts to attract and retain the best talent available. This function requires liaising with other departments such as Controllers, Legal, and Tax and will also involve providing support to other HCM functions. The role requires the individual to work independently with minimal oversight, be able to multi-task and manage the operations seamlessly.

Roles and Responsibilities:

  • Analyze hiring and attrition trends to understand market movement and advise senior stakeholders on best approaches to attract and retain top talent
  • Work with consultants to benchmark compensation in financial services and other adjacent markets, and provide key findings to divisional and firmwide senior leadership throughout the year.
  • Design compensation programs and policies, including modeling financial costs and drafting communication materials
  • Partner with recruiting and HCM business partners to structure new hire offers
  • Work closely with senior management and divisions to manage compensation budgets throughout the year; centrally administer the year-end compensation process for the firm
  • Metrics and Reporting and Expense tracking
Skillset and Experience
  • Bachelor's/Master's degree in an analytical field such as Finance, Accounting, or Mathematics or a related field in HR
  • Approximately 5-7 years of relevant work experience
  • Manage multiple, time-sensitive projects while focusing on the quality of work delivered to clients
  • Think multiple steps ahead; prepare for potential problems and escalate issues when appropriate
  • Strong written and verbal communication skills and ability to develop relationships with professionals across several HCM groups and act as an effective liaison to meet client needs
  • Comfortable working with and analyzing large sets of data and presenting results that tell a clear and compelling story, preference for individuals with strong Power Point skills
  • Ability to work with Excel on a day to day basis
  • Ability to work well in a global team environment Commercial/Financial acumen - ability to understand budget processes, vendor commercial structures and financial reconciliations/reporting


ABOUT GOLDMAN SACHS
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.