Compensation Manager
U.S. Bank
full-time
Posted on:
Location Type: Office
Location: London • United Kingdom
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About the role
- Own the development and maintenance of regional salary structures and job architecture within the global framework.
- Drive regional benchmarking, pay modelling, and competitive analysis.
- Lead the regional execution of the annual compensation cycle, including modelling, calibration, risk adjustment, and communication.
- Implement executive pay frameworks across the region.
- Partner with finance to ensure that the annual compensation expense remains within plan.
- Partner with the Europe HR Regulatory and Risk team to manage the MRT identification process.
- Serve as the regional subject matter expert for compensation, advising HR Talent Consultants, and senior leaders on pay decisions and market trends.
- Manage and develop the regional compensation team, building expertise in compensation, executive pay, regulatory compliance, and analytics.
Requirements
- Generally, the role requires a degree or equivalent but candidates with exceptional experience without a qualification to degree level will be considered.
- Minimum of 10 years’ experience in compensation management, preferably within the financial services.
- Demonstrable proven success in the design, operation and management sales incentive plans.
- Practical knowledge and understanding of key European compensation legal and regulatory topics applicable to credit institutions and investment firms.
- Experience in developing, implementing, and managing risk and compliance associated with frameworks, policies, and procedures.
- Proven track record of designing communications to senior executives and broader employee communications.
- Demonstrable experience of interaction, influencing and reaching agreed upon solutions at management and executive levels.
- Proven track record of working independently on their own initiative and delivering practical outcomes to a professional standard.
- Proven to be resilient and able to handle multiple priorities, meeting deadlines whilst maintaining high work standards, with impeccable attention to detail in performance of all tasks.
- Experience in managing different stakeholders including second and third lines of defense.
- Collaborative approach with strong emphasis on delivery and execution.
- Proven analytical skills.
- Intermediate computer skills are needed; including experience with Microsoft Office applications.
Benefits
- Health insurance
- 401(k) matching
- Flexible work hours
- Paid time off
- Professional development opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
compensation managementpay modellingbenchmarkingrisk adjustmentexecutive pay frameworkssales incentive plansregulatory complianceanalyticscommunication designstakeholder management
Soft skills
influencingcollaborationresilienceattention to detailindependent initiativedelivery and executioninteractionproblem-solvingcommunicationtime management