Compensation Specialist (Financial Services)

Job Description:

A business consulting partnership located in Midtown, NY, is looking to add a Compensation Manager to their team! Responsibilities of this position include providing market compensation insight to senior leadership, prepare compensation modeling and analysis, and take on major compensation-related projects such as benchmarking and new incentive designs. The ideal candidate will have at least 10 years of experience in compensation analysis for a well-known financial or professional services firm

Job Responsibilities:

• Provide comprehensive financial modeling and analysis for company compensation program
• Oversee and manage large-scale initiatives, including, proposing/implementing new incentive programs, system implementations and expanding on compensation strategies
• Create and present large PowerPoint decks for senior management
• Provide consulting services to HR, lines of business and compensation team by researching and analyzing complex compensation issues
• Provide advanced analysis and generate complex reports from large databases; create and manipulate complex databases to manage employee data and competitive compensation data
• Provide counseling and knowledge to employees and C-Suite executives
• Support Job architecture and compensation structure … research, gather and analyze data to determine appropriate salary level and job title for new positions
• Evaluate proposed and existing jobs and classify them in accordance with the levels of importance and responsibility to the organization
• Comparing benefits and compensation plans, job classifications, and salaries through data and cost analyses

Job Requirements:

• At least 7 years of experience in compensation analysis within professional services
• Expertise in executive and staff level compensation, including hands on administration
• Strong communication, as this individual will be partnering with C-level executives and presenting firm-wide
• A “can-do” attitude, willing to jump into ad-hoc projects whenever needed; strong problem solver

Compensation:

• $90,000 - $110,000