Compensation Manager

  • Competitive
  • Boston, MA, USA
  • Permanent, Full time
  • Wellington Management Company, LLP
  • 16 Dec 18

Compensation Manager

WELLINGTON MANAGEMENT

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 50 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

POSITION

Tracing our roots to 1928, Wellington Management Company, LLP is one of the world's largest independent investment management firms. With US$1 trillion in assets under management, we serve as a trusted adviser to institutional clients and mutual fund sponsors in over 60 countries. Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies. As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients. We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity, because we believe multiple perspectives lead to more informed investment and business decisions. As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise.

RESPONSIBILITIES

The Compensation Manager role acts as a business partner and subject matter expert to provide consultation, analysis and advice to Human Resources Relationship Managers, business leaders, and managers regarding compensation related matters.  The role has high visibility within the firm and requires a consulting style approach to partner with HR on a variety of compensation initiatives.  Reporting to the Regional Director Compensation and Benefits, this position will primarily support US-based business groups but will also work on global initiatives and activities.  In particular, the role will have the following responsibilities:


  • Point of contact for business leaders, HR and managers for compensation related matters (within designated business groups).

  • Proactively share insights into compensation market trends impacting the various business areas.

  • Undertake market competitive analysis and share findings internally. Ensure compensation structures and levels are competitive to allow the firm to attract and retain employees. 

  • Advise on compensation levels for new hire offers and conduct supporting analysis

  • Work as part of the Global Compensation team to design and manage base pay and corporate bonus programmes and the officership nomination program (annual promotions cycle)

  • Support the delivery of the annual compensation review cycle within designated business groups

  • Undertake projects as required.  These will be varied but could include areas such as conducting in-depth analysis or developing compensation structures for new roles/business areas.

  • Work with others to develop procedures, analytics and compensation reporting, including supporting with the preparation of content for Compensation Committees.

  • Participate in industry network forums to keep abreast of trends.  Help to ensure that the firm's policies are current with regard to market trends, practices and costs.


QUALIFICATIONS

  • Comprehensive knowledge and experience of compensation/reward practices.

  • Relevant experience working in a field of Compensation, either in-house or within a consulting environment.  Financial Services background preferred.

  • Exceptional analytical and numeracy skills; comfortable working with large amounts of data and communicating data findings.

  • Customer service orientation with a demonstrated desire to exceed expectations - ability to serve multiple customers (employees, managers, HR).

  • Excellent written and verbal communications skills are required - to interface with all levels of the organization and translate data findings into clear and concise documents and presentations.

  • High attention to detail with an emphasis on accuracy, coupled with the ability to see the broader picture.

  • A roll-your-sleeves up /hands-on attitude. Comfortable working in a broad role and undertaking a variety of activities, ranging from spreadsheet analysis to presenting to senior leaders. 

  • Proactive approach.  Willingness to be creative, make recommendations and exercise initiative.

  • Strong cross-cultural awareness, sensitivity, and high level of confidentiality.

  • Ability to exercise problem solving skills and independent judgement using analytical and consulting skills.

  • Solid project management skills - e.g., develop project plans, scope and ensure execution and delivery.

  • Excellent interpersonal skills and the ability to comfortably interact with people at all levels of the organization.

  • Ability to work independently and in a team environment.

  • Ability to use discretion and deal effectively with uncertainty, change and ambiguity.

  • Graduate with strong academics.



JOB TITLE
Compensation Manager

JOB FAMILY
Finance

LOCATION
100 Federal Street

As an equal opportunity employer, Wellington Management considers all qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at Wellington@icareerhelp.com .