Wilmington, DE, USA
22 days ago
Compensation Associate

Join the Compensation team as a Compensation Associate supporting Asset and Wealth Management! 

As a Compensation Associate within the Asset and Wealth Management line of business, you will be instrumental in supporting the compensation strategy and its execution. Your role will involve the development and implementation of compensation programs, ensuring competitive and equitable pay practices within the organization. You will be responsible for analyzing salary data, preparing reports, and assisting in the administration of salary reviews and incentive plans, all aimed at attracting and retaining top talent. Collaborating with HR Business Advisors, you will handle compensation actions for employees, administer and coordinate annual compensation planning processes, and analyze and report on internal and external market compensation data.

Job Responsibilities:

Assist with planning and administrative tasks for our annual compensation processes, working with different business lines and HR and Finance teamsProvide support on compensation activities, including new hire offers, promotions, transfers, and budget planningAnalyze the market compensation data to support our needsSupport projects related to compensation, including policy reviews and system updates.Become an expert in our compensation reporting tools to help deliver accurate reports and insightsBring fresh ideas to improve our compensation programs and ensure they align with our business strategyContribute to the Asset Management Compensation Agenda, including region-specific activities


Required Qualifications, capabilities, and skills: 

Intellectual curiosity and eagerness to learn.Good data management skills and a basic understanding of how large organizations workProficiency in Microsoft applications, especially Excel (knowledge of Pivot Tables, IF statements, XLOOKUPs) Attention to detail and ability to tell a story through data analysisStrong communication and interpersonal skills, with a creative approach to HR/Compensation strategiesDesire to work in a fast-paced, collaborative and constantly evolving environment; ability to problem solve independently, perform under pressure, manage multiple priorities and cultivate strong partnershipsAbility to execute and sustain operational excellence incorporating appropriate controlsSome experience in HR/Compensation or Finance, with strong analytical and problem-solving skills

Preferred Qualifications, capabilities, and skills: 

Familiarity with PeopleSoft and experience with Business Objects, Alteryx and PythonPrevious experience in the financial services industry.
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