Senior Group Manager, Corporate & Executive Compensation Programs

Recruiter
BNY Mellon
Location
Manchester, United Kingdom
Salary
Competitive
Posted
20 Jan 2023
Closes
03 Feb 2023
Ref
18523604
Job Function
Banking
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Overview
Who we are
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2021, BNY Mellon had $41.7 trillion in assets under custody and/or administration, and $2.2 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com . Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Role Description:
• Reporting into the Global Head of Compensation, the EMEA Head of Compensation provides strategic compensation leadership to the EMEA region.
• Managerial responsibility for 6 team members, with responsibility for coaching/motivating staff, performance management and career development.

Key Role Responsibilities:
  • Manages the regional co-ordination of all pay and incentive processes, in partnership with the Global Business Compensation Partners to ensure consistent implementation of global compensation policy, practice and process.
  • Partners with Global Compensation function to integrate EMEA Regulatory requirements into the design of our Global Compensation Framework
  • Acts as key advisor and partner with HR divisional teams and directly with the business and external consultants to implement and deliver BNY Mellon's strategic compensation goals within the EMEA region.
  • Advises on best practice and brings external perspectives to strategic and operational business discussions to ensure strategies and programs are aligned to business strategy.
  • Acts as key advisor to all Management & Supervisory Boards within EMEA on Compensation matters.
  • Key advisor to International CEO on all matters relating to Compensation
  • Leads on regulatory reviews and implementation for EMEA and related subsidiaries, including managing the Material Risk Taker review process and Remuneration Policy Statement.
  • Works closely with the Regional Finance team, HR Operations Managers, HR Business Partners and Recruiters on a range of information and process requirements.
  • Ensures compliance with all applicable regulatory and corporate requirements.
  • Assists the Head of Reward for BNYM European Bank with all regulatory and compensation issues within the entity, working with EEA management and providing oversight of materials prepared and presented to both the Remuneration Committee and the Joint Session of the Remuneration and Risk Committees.
  • Encourages and leads continuous improvement protocols in work products or processes.
  • Manages and executes medium-to-large complex compensation projects/initiatives that are cross functional and global in nature.
  • Defines and manages the project lifecycle from initiation through to project completion, including, but not limited to, UK/Ireland Gender Pay Gap Reporting
  • Provides consultation and advice on M&A activity regarding compensation issues.
Successful Candidate Will Demonstrate/Possess:
  • Intellectual curiosity; desire to constantly learn and continuously improve
  • Excellent ability to establish, develop, and maintain trust-based relationships with key stakeholders
  • Ability to inspire others to action and able to draw on broader teams to deliver a superior outcome for clients and the firm
  • Knowledge of financial services industry including players, new entrants, significant trends, and outlook
  • Ability to analyze problems or situations and apply a structured, analytic approach to developing solutions that progress our and our clients' agendas
  • Demonstrate excellent judgement and a fact-based approach to evaluation and decision making
  • Strong communication and presentation skills (both verbally and in writing); able to articulate complex information in a clear and simple manner to a variety of audiences
  • Strong leadership; calm presence and ability to instill confidence in key stakeholders, internally and externally
  • Strong negotiation and influencing skills
  • Consummate professional; able to navigate a matrixed organization
Qualifications:
  • Extensive experience in a similar role required. Previous supervisory/management experience required. Demonstrated knowledge of technical and legal aspects of compensation and HR within Financial services preferred.
  • Bachelor's degree or the equivalent combination of education and experience is required. Advanced/graduate degree preferred.
BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer.
Minorities/Females/Individuals with Disabilities/Protected Veterans. Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support well-being and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

Employer Description:

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments and safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.
  • You need to sign in to save