Compensation Manager

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Job description

Compensation Manager 203279 - Jersey City

Are you ready to explore a world of possibilities?

Join our DTCC family, and you'll grow your expertise and become the best version of you. As you embark on a new journey, you'll tackle challenges with flexibility and grace, learning new skills and advancing your career while having the time of your life.

WhyYou'llLoveThisJob:

As a Compensation Manager, you will participate in the design, development and implementation of compensation-related projects and ongoing processes in support of business goals. The Compensation Manager provides data analytics, data management and reporting support to the Total Rewards/HR leadership team on all core compensation processes. Owns job structure/management, salary ranges, market data surveys, as well as key components of yearend process.

YourResponsibilities :

• Provides comprehensive compensation support and solutions including offers, data analysis, job evaluation, and market assessment, etc. to designated client groups,
• Supports the global market data survey process, from data submission to analytics and reporting.
• Supports job structure/management and salary ranges, conducting review and analysis to ensure integrity of the job architecture and in support of update as needed.
• Performs and documents market trend research including development of salary increase budgets, promotion/adjustment budgets, etc.
• Partners closely with other compensation team members to deliver yearend process including market data, salary review, incentive payout, employee communications and other related yearend activities.
• Partners with other Compensation team members on implementation of core processes.
• Participates in development and delivery of compensation-related communications (memos, training sessions, etc.).
• Aligns risk and control processes into day to day responsibilities to monitor and mitigate risk; escalates appropriately as needed.

**NOTE: Responsibilities of this role are not limited to the details above. **

Talents Needed for Success

• Minimum of 7 years of related experience
• Bachelor's Degree in HR, business or related field preferred - or equivalent experience.
• CCP Designation and other HR certifications desirable.
• Knowledge of global compensation practices and program components (base pay, incentive and additional reward programs)
• Advanced Microsoft Office skills with a high level of proficiency in Excel
• Excellent written and verbal communication skills and relationship-building skills
• Ability to multi-task, operate under tight timelines, and deliver with speed and accuracy
• Strong grasp of financial information.
• Ability to analyze and interpret business performance metrics.
• Strong project management skills.
• Ability to apply critical thinking and analytical skills to identify and solve issues

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

About Us

About DTCC

DTCC safeguards the financial markets and helps them run efficiently, in times of prosperity and crisis. We are uniquely positioned at the center of global trading activity, processing over 100 million financial transactions every day, pioneering industry-wide, post-trade solutions and maintaining multiple data and operating centers worldwide. From where we stand, we can anticipate the industry's needs and we're working to continually improve the world's most resilient, secure and efficient market infrastructure. Our employees are driven to deliver innovative technologies that improve efficiency, lower cost and bring stability and certainty to the post-trade lifecycle.

DTCC proudly supports Flexible Work Arrangements favoring openness and gives people freedom to do their jobs well, by encouraging diverse opinions and emphasizing teamwork. When you join our team, you'll have an opportunity to make meaningful contributions at a company that is recognized as a thought leader in both the financial services and technology industries. A DTCC career is more than a good way to earn a living. It's the chance to make a difference at a company that's truly one of a kind.

About the Team

Human Resources is a strategic partner to the business, dedicated to managing DTCC's human capital initiatives, sustaining a work environment that promotes excellent performance across the organization and developing and retaining a global workforce that contributes to DTCC's strategy and business imperatives.

The Total Rewards function is responsible for the design, implementation and communication of all compensation, benefits and total rewards initiatives globally; Total Rewards partners closely with HR teams in Talent Acquisition, HRBPs, Employee Relations, HR Tech and Operation, and Talent and Development to create an inclusive environment where people can reach their potential, build competitive advantage, and drive bottom line results.