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Job Title: Senior Director Compensation - Washington, DC

Company Name: Executive Search Consultants, LLC
Location: Washington, DC
Profession: Compensation and Benefits

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Job Description:

The Senior Director, Compensation is responsible for consulting with the business and leading a team in the design and development of compensation programs that motivate and retain top talent and ultimately drive business performance.

Job Description:

· Lead team to drive compensation program design and development for rapidly expanding banking franchise and national lending business

· Define annual compensation agenda working with senior business leaders to understand overall business drivers and translate these into tightly aligned pay programs comprising

· Provide leadership of a team of compensation consultants and analysts to provide ongoing compensation solutions to business leaders ensuring that salary structures, incentive and long-term compensation plans are aligned with the Company’s overall and HR strategies, and provide a strong linkage between pay and performance

· Manage programs involving support for corporate pay platforms and line of business specific pay - establishing metrics and monitoring program effectiveness

· Work with the business and finance to develop annual line of business incentive plans, including initiatives to support the compensation forecasting and budgeting processes

· Collaborate across teams in Human Resources to ensure effective and compliant delivery of pay programs


Basic Qualifications:


· Bachelors degree

· 8 years experience of progressive compensation design and program management; experience managing the work of and leading a team of compensation professionals


Preferred Qualifications:


· Master's Degree


· 10+ years experience of progressive compensation design and program management; experience managing the work of and leading a team of compensation professionals

· Specific experience in developing compensation programs in and a knowledge of production incentive plans

· Understanding of business economics and ability to translate into programs that drive desired behaviors

· Superior technical knowledge of compensation programs and practices; experience in evaluating competitive landscape, market and regulatory trends affecting reward practices

· Exceptional consultative, analytical, and problem solving skills

· Demonstrated collaboration skills both inside and outside of HR, engaging stakeholders to achieve a common vision

· Proven ability to establish rapport at all levels and effectively influence decisions at the highest level.

· Strong communication skills (both written and oral)

· Ability to prioritize and manage multiple projects and competing priorities

· Broad integrative thinker with ability to drive results

· CCP designation a plus


   Plus 50K bonus


 


 


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This profession covers individuals who are involved with compensation issues and benefits administration. This includes individuals who put benefits packages together and administer them to employees, as well as those who calculate compensation plans.
This profession covers individuals who have management or oversight responsibilities within the HR function. The individual may also have oversight responsibilities for multiple functions.
This profession covers individuals who support the other members of the HR department by doing business data analysis or helping with HR application-level system support. These individuals work with commercial or homegrown HRIS systems
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This profession covers individuals who are involved in the development of an organization’s policies and procedures. This includes preparing succession plans, drafting employee manuals/policies and conducting training programs.
This profession covers individuals who are involved with the recruiting/staffing functions within an organization. Contingent/retained recruiters are not well covered by this profession.
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