Managing Director, SLC Compensation - SLC Management
Managing Director, SLC Compensation - SLC Management
Locations: Wellesley Hills, Massachusetts; Toronto, Ontario; SLC Management New York
Time Type: Full time
Posted on: Posted 3 Days Ago
Job Requisition ID: JR00100484
SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$374/US$283 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world’s leading financial services companies, and benefit from the stability and strength of that relationship.
We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed and having an owner’s mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.
SLC Management offers a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three or more days in-office each week with flexibility depending on their business, client and team needs.
Job Description:
Managing Director, SLC Compensation
What is in it for you:
The Managing Director Compensation is responsible for developing and managing compensation programs that support the business objectives of line of business compensation within SLC.
Reporting to the SMD Total Rewards, you will lead a small but mighty team that partners with business and HR Leaders, and leverages data and analytics, to design, implement and manage compensation strategies and programs that produce measurable outcomes.
Deliver a modern, compelling, and integrated compensation plan that drives performance and rewards long-term value creation.
In this key leadership role, you will play a pivotal role in shaping our company's compensation philosophy and programs to drive employee engagement, performance, and retention.
What you will do:
- Oversee and deliver the work of the compensation function for the SLC’s line of business such as the annual compensation cycle, market benchmarking, salary and incentive structure design, compensation recommendations, job evaluation, ensuring appropriate governance and compliance with legislation.
- Champion SLC’s compensation philosophy and partner across HR and the business to ensure compensation programs are designed and delivered in alignment with business and HR objectives.
- Contribute as a senior Total Rewards leader and member of SLC HR Leadership Team in shaping and delivering strategies, promoting employee-orientation and integration in delivery of all total rewards work, and finding and developing talent for the future.
- Build strong relationships with HR Business Partners, Business Leaders and Cross Functional teams. Provide consultation and partnership to understand their strategic priorities and business objectives; leverage this insight to develop and transform compensation programs to support our overall business objectives.
- Develop compensation financial and data models and tools to provide a platform for decision making on a variety of business issues including headcount growth and staffing.
- Work collaboratively with HR and Communications teams to develop and implement effective communication and change management plans to enhance the employee experience and perceived value of our programs. May include conducting market research, internal analysis, establishing design principles, building design alternatives, outlining implications through modeling, determining employee and cost impacts, and creating communication and transition plans.
- Monitor external developments and trends impacting employee reward programs and proactively identify strategies and tactics to respond.
What you will need to succeed:
- Bachelor’s Degree or equivalent work experience
- 10+ years of experience and a university education in Business, Human Resources or a related field. An MBA or MIR is an asset.
- Possess a growth mindset with willingness to challenge the status quo, try new things, test & learn and empower others to do the same, innovate and find new solutions that solve business problems or create business opportunities.
- Ground decisions in facts, leverage data to generate new insights and opportunities, clearly define and measure business outcomes to identify course corrections and measure success. Inform strategies and decisions through knowledge of current external research and trends.
- Broad and deep expertise in designing, implementing, and managing compensation strategies and programs. Experience with asset management compensation and M&A due diligence and/or integration work is a significant asset. Broader experience in total rewards is beneficial, though not required.
- Focus on developing people through coaching, continuous feedback, career development, and performance management. Build the team and pipeline for future success.
- Strong leadership skills, able to adapt to changing priorities and engage and develop a team to deliver on key objectives.
- Action-oriented, focused on execution, improving our employees’ experience through continuous improvement, and operational excellence.
- Highly collaborative team-player, experienced in managing complexity and interacting with colleagues within the HR function, outside vendors, and brokers/consultants.
- Highly organized and able to manage multiple priorities and deadlines effectively.
For roles based in NY, the salary range for this position is $185.9k - $278.9K.
We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.
Why SLC Management?
- Opportunity to work for a growing global institutional asset manager
- Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial – including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more
- Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account
- A flexible work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeam
- The opportunity to move along a variety of career paths with amazing networking potential
- Award winning workplace culture - Great Place to Work Certified in Canada and the U.S., “Best Places to Work in Money Management” by Pension & Investments, “Top 10” employer by the Boston Globe's “Top Places to Work” two years running
SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.
Job Category: Human Resources
We are committed to fostering a diverse, equitable and inclusive environment, where all employees feel valued, respected, and supported. We are dedicated to building a diverse workforce offering wide perspectives and creative ideas that benefit our clients, teams and the communities where we operate. Research shows that women and underrepresented groups tend to apply only if they meet 100% of the criteria. We encourage applications from qualified individuals from all backgrounds even if they don’t meet every criteria in the job description.
We will make reasonable accommodations to known physical or mental limitations. Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.
We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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