Firmwide Compensation Analyst - Human Capital Management - Birmingham Birmingham · United Kingd[...]

Goldman Sachs Bank AG; Birmingham; On-site; GBP 40,000 - 80,000; Full time

Job summary

An established industry player is seeking a detail-oriented compensation analyst to join their EMEA Compensation team. This role involves supporting compensation matters across various jurisdictions, preparing salaries, and advising on new hire packages. The ideal candidate will possess strong analytical skills, particularly in Microsoft Excel, and have a solid understanding of compensation processes. You will work in a dynamic environment, collaborating with multiple teams to deliver effective compensation solutions. If you thrive in a fast-paced setting and have a passion for making a positive impact on employee compensation strategies, this opportunity is perfect for you.

Qualifications

• Bachelor’s degree in business administration, finance or related field required.
• Excellent analytical skills and strong Microsoft Excel skills essential.

Responsibilities

• Support all compensation matters relating to EMEA jurisdictions including payrolls and compensation audits.
• Create and run a variety of ad hoc compensation reports and analysis.

Skills

Analytical Skills

Microsoft Excel

Client Service Focus

Project Management

Oral and Written Communication

Education

Bachelor’s Degree in Business Administration

Bachelor’s Degree in Finance

Tools

Microsoft Word

Microsoft PowerPoint

Business Objects

Job description

Our division recruits, develops and rewards the people of Goldman Sachs. Our teams advise, design and implement strategies, processes and technologies that help our people advance professionally, drive productivity and help the firm and our clients achieve superior results. We look for individuals with strong problem solving and analytical skills, innovative thinking and intellectual curiosity who want to make an impact on the success of the firm's most valuable asset, our people.

FIRMWIDE COMPENSATION

The Firmwide Compensation function drives the development and implementation of the firm’s global compensation philosophy, policies and practices to help effectively attract, retain, and motivate employees. The work is invariably of a confidential nature and requires a unique combination of skills to deliver workable solutions to a diverse range of issues.

The role requires liaison with colleagues in the regional, divisional and central compensation teams, departments inside of HCM including Executive and Equity Compensation, Recruiting, the Business Partner teams, and outside of Human Capital Management including Compensation Accounting, Controllers, Legal and Tax and external advisors.

The ideal candidate will leverage their proven expertise to assist in the design and delivery of comprehensive compensation programmes to over 6,000 employees across the region. This candidate will serve as a key member of the EMEA Compensation team.

Principal Duties and Responsibilities:

• Support all compensation matters relating to EMEA jurisdictions including monthly payrolls, equity make whole valuations, compensation audits and management of offer letter templates.
• Advise on new hire packages and assist with structuring lateral hire compensation offers.
• Preparation of salaries for employees transferring into EMEA region.
• Support region-specific compensation programmes and processes e.g. Currency Election Programme.
• Support the year-end compensation processes including benchmarking, total compensation recommendations, salaries and compensation communication.
• Create and run a variety of ad hoc compensation reports, analysis and diagnostics.
• Partner with divisional Human Capital Management to advise / deliver workable solutions to the business on compensation issues.
• Work closely with Human Capital Management Engineering on system enhancements and automation to achieve operational efficiency.
• Liaise with divisional Human Capital Management, Tax, Legal, and Controllers on compensation matters as necessary.

Skills / Experience:

• Bachelor’s degree in business administration, finance or related field.
• Excellent analytical skills, including very strong Microsoft Excel skills - an ability to review current processes and/or data, detect and correct errors, take responsibility for data quality; attention to detail essential.
• Strong Microsoft Word and PowerPoint skills preferred.
• Knowledge of Business Objects preferred.
• Client service focus and relationship management skills; notable responsiveness and a "can-do" attitude; ability to understand and articulate the needs of the client.
• Project management and execution - highly organized and proven ability to execute and manage complex logistics, projects and tasks, prioritize workload and meet deadlines.
• Ability to take ownership and work independently to achieve objectives and think multiple steps ahead.
• Strong oral and written communications skills.
• Ability to handle high degree of confidential information with appropriate discretion.
• Ability to work under pressure.
• Good judgment - knowing when to escalate an issue combined with a willingness to be flexible.

The ideal candidate will have had exposure to reward related issues in a fast-paced international company, and within a complex matrix environment that requires a practical, empathetic and team oriented approach.