Compensation Consultant

Hunt; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global investment firm is seeking a Compensation Consultant to join their Total Rewards team. The role involves supporting compensation strategy development and implementation across Europe and Asia Pacific, ensuring alignment with corporate objectives while attracting and retaining talent. The ideal candidate will possess strong analytical skills, project management abilities, and a collaborative mindset, thriving in a dynamic environment. This position offers an opportunity to make a meaningful impact in a high-performance culture.

Qualifications

• 3-7 years of compensation experience in Financial Services or Asset Management.
• Experience managing or supporting a year-end compensation process.
• Strong analytical and process execution skills.

Responsibilities

• Support strategy development and implementation of compensation programs.
• Provide data analysis and consultative support for compensation design.
• Monitor local market trends to ensure competitive compensation programs.

Skills

Analytical Skills

Project Management

Communication

Collaboration

Problem Solving

Education

Bachelor’s Degree in Business Administration

Bachelor’s Degree in Finance

Bachelor’s Degree in Human Resources

Tools

Excel

Workday

beqom

Job description

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

Position Description

We are seeking a hardworking and motivated Compensation Consultant with a transformational mindset, to join our Total Rewards team.

In this role, you will support strategy development, design, implementation, administration, and governance of compensation programs for PIMCO across Europe and Asia Pacific. This role, reporting to the Senior Vice President, Head of EMEA & APAC Compensation, will provide analytical and consultative support and ensure all programs align with corporate objectives, effectively attract, reward, and retain talent, and fully comply with local legal and regulatory requirements. This is a highly analytical and collaborative opportunity where you will be a valued partner in providing critical data analysis and recommendations for business groups, HR, and other cross-functional teams supporting our core compensation processes.

About You

If the following qualities resonate with you, we encourage you to apply for this exciting opportunity.At PIMCO, we offer a dynamic work environment where you will have the chance to make a meaningful impact:

Exceptional Organizational Skills and Resourcefulness: You excel in managing multiple projects with outstanding organizational and project management abilities. Your critical thinking skills enable you to solve complex problems creatively and resourcefully. You are self-motivated, committed to excellence, and demonstrate strong attention to detail, along with excellent interpersonal and communication skills.

Adaptability and Collaboration: You thrive in dynamic, fast-paced environments, adept at navigating shifting priorities and ambiguity. Collaboration is key to your approach, as you build positive relationships and work effectively across diverse teams. Your emotional intelligence, adaptability, and resilience equips you to manage unstructured processes and demanding responsibilities successfully.

Integrity and Continuous Learning: Your actions reflect high ethical standards and integrity, earning you credibility and trust. As an intellectually curious individual, you are dedicated to professional development and staying abreast of industry trends.

Responsibilities

The key responsibilities include, but are not limited to:

Become a subject matter expert in compensation related HR processes, leveraging knowledge and data to analyze trends, enhance process and operational efficiencies, and drive informed improvements.

Provide data analysis and consultative support for the design and implementation of corporately aligned compensation programs that are locally relevant, and comply with applicable regulations.

Support the management of regional compensation strategy that is fully aligned with global objectives, motivates performance, and attracts and retains high-performing talent while ensuring fiscal responsibility.

Provide support for all UK and European regulatory reporting (i.e. regular updates to regional Compensation Committee and Board).

Support the e xecution of core corporate compensation processes, including job architecture, compensation structure, design and maintenance, management of merit and incentive planning, market analysis, strategic hire offers, and governance of variable pay programs.

Contribute to cyclical exercises such as job matching for market data, monthly budget vs. forecast reporting, and the annual pay review process.

Partner with Business Leaders to manage compensation expenses in alignment with their people strategy.

Oversee position management and alignment to approved budget.

Propose compensation packages for new hires and assist Business Leaders with year-end compensation decisions.

Support communication and education programs related to compensation to enhance employee understanding.

Analyze and provide recommendations to resolve compensation-related issues.

Monitor local market trends to ensure compensation programs remain competitive and responsive to both corporate and local business unit needs.

Stay updated on compensation trends and support assessments of the effectiveness of existing compensation policies, guidelines and procedures, recommending revisions as required in support of strategic objectives and evolving external requirements.

Provide process management and actionable analytics in support of core compensation processes.

Maintain and support internal compensation-related tools.

Actively participate in enhancing the year-end compensation system, ensuring accurate information maintenance and auditing during the year-end review process.

Support the administration of reward programs, including the Long-Term Incentive Plan (LTIP), Employee Stock Purchase Plan (ESPP), Executive Deferred Compensation Plan (EDCP), and Equity Plan (M Units).

Maintain and manage plan administration systems such as EWM, EquatePlus, BSI and Shareworks.

Liaise with Finance, HR Business Partners, Allianz (parent company), and participants to ensure seamless and accurate processes and execution.

Assist with special projects and conduct detailed analyses as required.

Qualifications

Bachelor’s Degree in Business Administration, Finance, Human Resources, or a related field.

3-7 years of compensation experience, preferably in the Financial Services or Asset Management/Investment Management industry.

At least one year of experience managing or supporting a year-end compensation process is highly desirable.

Intermediate to advanced Excel skills required.

Experience in UK and European regulatory regimes is desirable.

Strong analytical and process execution skills.

Experience facilitating change in a dynamic, multi-business, global environment.

Experience with Workday and/or beqom preferred.

Experience of external vendor management is a plus.

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.