Compensation Consultant
Under general supervision, the Compensation Consultant leads project oriented work and conducts detailed analyses around equity. In addition, this person will have responsibility for coordinating compensation regulatory matters globally, and leading the regulatory compliance for North America, and managing the deferred compensation program.
1. Leads special projects that require thoughtful analyses, coordination with various groups, development of materials and presentations to leaders and appropriate members of Management Group
2. Responsible for incentive compensation regulatory compliance for North America including the determination of regulated roles in North America
3. Monitors changes to regulatory requirements and adapts the corporation's policies and procedures, if needed
4. Provide plan design and HRIS design guidance to ensure regulatory requirements are met
5. Ensure appropriate compensation governance, including effective oversight by the Board and record keeping requirements
6. Develop employee communications to facilitate the understanding of compensation regulatory requirements for relevant employees and their managers
7. General analytical support for the global equity and deferred compensation programs
8. Manages the Deferred Compensation plan, including coordination of annual open enrollment, vendor management and program administration
9. Assists in ensuring internal compliance for equity and deferred compensation programs and assist with all audit / compliance requirements for regulatory programs
10. Assists in the day-to-day administration of global equity program
11. Maintain equity and deferred compensation communications, training, and reference materials
12. Receives general direction and is competent to work at a high technical level on compensation issues.
13. Serves as a resource or go to person within a group.
14. Handles more extensive, high-profile work.
15. Responsible for direct interaction with different committees and/or management
16. Strategic in developing, implementing and administering HR programs within functional areas
KNOWLEDGE/SKILLS:• Requires strong analytical ability, strong judgment and communication skills, high level of organization and the ability to work effectively with clients, partners, HR leadership, and management. • A working knowledge in area of compensation and equity is a plus.
KNOWLEDGE/SKILLS:• Requires strong analytical ability, strong judgment and communication skills, high level of organization and the ability to work effectively with clients, partners, HR leadership, and management. • A working knowledge in area of compensation and equity is a plus.
EXPERIENCE:• 5 to 7 years of working experience, 1 to 2 years of experience in Compliance is a plus. • BS or BA Degree required (concentration in Finance/Economics/HR preferred)• Intermediate proficiency in Excel• Strong quantitative, analytical and problem solving skills• Ability to keep information confidential, work independently and balance multiple priorities• Work effectively in a complex and fast paced environment• High attention to detail and sense of urgency• Must be organized and possess strong time and project management skills• Strong communication, client service and interpersonal skills
About Northern Trust: Northern Trust provides innovative financial services and guidance to corporations, institutions and affluent families and individuals globally. With over 130 years of financial experience and nearly 20,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.
Working with Us:
As a Northern Trust partner, you will be part of a flexible and collaborative work culture, which has a strong history of financial strength and stability. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company that is committed to strengthening the communities we serve!
We recognize the value of inclusion and diversity in culture, in thought, and in experience, which is why we are honored to receive the following awards in 2021:
Gender Equality Index Member, Bloomberg
Top Financial & Banking Company, Black EOE Journal, Hispanic Network Magazine, Professional WOMAN'S Magazine
We'd love to learn more about how your interests and experience could be a fit with one of America's best banks and most sustainable companies! Build your career with us and apply today.