Senior Director, Broad-based Compensation Consulting (Financial Services)

Senior Director, Broad-based Compensation Consulting (Financial Services)

• 202600635

• New York, United States

• Full time

Description

As a Senior Director in our Work, Rewards and Careers (WRC) practice, you will lead and partner with Senior Directors to sell and deliver human capital engagements for Financial Services clients. You will oversee consulting engagements (either directly or through project managers) while serving as a strategic thought partner to senior colleagues in developing customized client solutions. You will also provide coaching and mentorship to junior colleagues.

Our projects range in scope from targeted solutions to broad cross-line-of-business engagements, including M&A transactions support and total rewards strategy and optimization. We support clients across a full range of Work, Rewards and Careers disciplines, including:

Rewards:

• Rewards strategy design and optimization
• Compensation philosophy design
• Competitive compensation market analyses
• Annual and long-term incentive program design
• Sales incentive program design
• Pay for performance and salesforce effectiveness
• Pay equity and pay fairness assessments

Careers and Work

• Job architecture design
• Competency and skills frameworks
• Performance management
• Workforce analytics and planning
• Functional/organization structure design
• Career philosophy/strategy

You will also support the continued revenue growth of the Work & Rewards line of business and WTW overall by contributing to industry roundtables and marketing initiatives, performing industry/topical research, developing intellectual capital, and participating in our firm’s Financial Services industry team.

The Role

Some of your main responsibilities will include:

• Serving as the lead consultant on client projects or as the secondary lead on complex engagements, developing reward strategies that align with the client’s broader human capital strategy and support the client’s business goals.
• Managing multiple and complex project engagements to ensure profitable revenue for WTW, strong associate engagement and development, and high client satisfaction.
• Leading or co-leading business development by facilitating discovery discussions with prospects and developing and delivering proposals.
• Building collaborative client relationships to understand their business and challenges, strengthen the quality of our consulting insights, and expand WTW’s service offering into new areas.
• Thinking strategically in partnering with clients to develop innovate approaches to solving their business challenges.
• Providing high quality consulting advice, accurate analyses and compelling deliverables for senior leaders at client organizations.
• Using clear, effective written and verbal communication to deliver detailed findings, analyses and recommendations to senior leaders.
• Leveraging and managing the work of junior staff, providing coaching and on-going feedback.
• Demonstrating leadership ability by effectively mentoring consultants and analysts.
• Serving as a positive role model of WTW values and contribute to building an employer of choice culture of top performing associates committed to client satisfaction, teamwork and excellence in all that is done.
• Contributing to the development of new tools and approaches.
• Contributing to the external visibility of WTW’s brand through intellectual capital generation, drafting articles, and attending and speaking at relevant conferences.

Qualifications

The Requirements

• A minimum of 10 years of broad-based rewards design experience within Financial Services, gained through consulting or similarly consultative corporate environments.
• Familiarity with product offerings, organizational models, operating models, and incentive structures at asset and/or wealth management firms.
• Experience in designing incentive programs that effectively align pay with performance for sales and investment professionals
• Exceptional analytical skills, with the ability to interpret quantitative and qualitative data to diagnose and resolve complex issues.
• Creative, analytical and results-driven, with the ability to draw conclusions, themes, and trends from data and communicate insights effectively.
• Strong project management capabilities, with the ability to lead internal teams and coordinate effectively with client partners.
• Executive presence with strong and persuasive oral and written communication skills.
• Strong client relationship skills, with the ability to influence senior leadership and work across all levels of an organization.
• Proven ability to lead and develop high-performing teams of consulting professionals.
• Mentoring/coaching skills.
• Working knowledge of Excel, MS PowerPoint, MS Project, MS Word.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $157,000 - $236,000 USD per year.

This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

• Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
• Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off ( Washington State only )
• Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.

EOE, including disability/vets