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Lead Compensation Analyst

  • Job
    Full-time
    Senior Level
  • People, HR & Administration
    Banking & Finance
  • Boston
  • Quick Apply

AI generated summary

  • You need 5+ years in compensation, strong analytical skills, customer service focus, and excellent communication. Attention to detail, proactivity, and cross-cultural sensitivity are essential.
  • You will analyze compensation trends, advise on offers, support annual reviews, manage compliance, develop procedures, and prepare reports for HR and management.

Requirements

  • Minimum of 5+ years of experience in compensation, preferably within Financial Services.
  • Comprehensive knowledge and experience of compensation/reward practices.
  • 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.

Responsibilities

  • Point of contact for HR and managers for compensation related matters (for 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
  • Support the delivery of the firm wide annual compensation review cycle.
  • 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.
  • Support with compensation regulatory matters, ensuring compliance with relevant regulations. Monitor and interpret compensation regulations to ensure ongoing compliance. Prepare and submit required regulatory reports and disclosures.

FAQs

What is the primary role of the Lead Compensation Analyst at Wellington Management?

The primary role of the Lead Compensation Analyst is to act as a compensation business partner and subject matter expert, providing consultation, analysis, and advice to HR Relationship Managers, business leaders, and managers regarding compensation matters.

Where is the position for Lead Compensation Analyst based?

The position could be based either in Boston or London.

What are the key responsibilities of the Lead Compensation Analyst?

Key responsibilities include being the point of contact for HR and managers on compensation matters, conducting market competitive analysis, advising on new hire compensation levels, supporting the annual compensation review cycle, and ensuring compliance with compensation regulations.

What qualifications are required for this position?

A minimum of 5+ years of experience in compensation, preferably within Financial Services, along with comprehensive knowledge of compensation practices, exceptional analytical skills, and excellent communication abilities are required.

Is experience in financial services mandatory for this role?

While experience in financial services is preferred, it is not strictly mandatory.

What type of analytical skills are necessary for this position?

Exceptional analytical and numeracy skills are necessary, as the role involves working with large amounts of data and communicating data findings effectively.

Does Wellington Management offer a flexible work environment?

Yes, Wellington Management is committed to fostering a flexible work environment that enables employees to thrive both personally and professionally.

Can you explain the compensation structure for this position?

The base salary range for this position is USD 80,000 - 180,000, which considers various factors, including skill sets, experience, and education. Other rewards may include discretionary bonuses and a comprehensive benefits package.

What benefits does Wellington Management provide to its employees?

Wellington Management offers a comprehensive benefits package that includes retirement plans, health, dental, and vision coverage, health savings accounts, paid time off, adoption assistance, and more.

What qualities are important for someone considering this role?

Key qualities include a proactive approach, high attention to detail, strong problem-solving skills, the ability to communicate effectively at all organizational levels, and a customer service orientation.

Trusted adviser to investors worldwide

Venture Capital & Private Equity
Industry
1001-5000
Employees
1933
Founded Year

Mission & Purpose

Wellington Management is a global investment management firm that provides a range of investment solutions to institutional clients, including pension funds, endowments, foundations, and other financial institutions. The company offers a diverse set of investment strategies, including equity, fixed income, multi-asset, and alternative investments, with the aim of generating long-term value for their clients. Wellington Management's ultimate mission is to help their clients achieve their financial goals by delivering strong investment performance and providing top-notch investment expertise and solutions. Their purpose is to be a trusted and reliable partner to their clients, offering tailored investment strategies and insights that navigate the complexities of the global financial markets and contribute to the success and growth of their clients' portfolios. Through a combination of research, analysis, and active investment management, Wellington Management aims to deliver superior results and uphold their reputation as a leading investment management firm.

Benefits

  • Health and wellness

    In addition to comprehensive and competitive health coverage for you and your dependents, we offer a variety of wellness programs.

  • Work/life balance

    We offer a range of programs designed to support you and your loved ones through life’s various stages and situations.

  • Financial future

    We aim to help make your future more financially secure by helping you pursue your retirement goals and offering life and other insurance plans.

  • Development

    Because we value continuing education as part of your professional growth, we support pursuits such as the CFA® and other degree programs.