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Human Capital Management - Firmwide Compensation - Vice President - Birmingham

Goldman Sachs

West Midlands Combined Authority

On-site

GBP 80,000 - 120,000

Full time

3 days ago

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Job summary

A leading company in investment banking is seeking a Vice President for Human Capital Management in Birmingham. The role involves designing and implementing compensation strategies, liaising with various departments, and supporting over 6,000 employees in the EMEA region. Ideal candidates should have extensive experience in compensation, strong analytical skills, and the ability to manage multiple projects effectively.

Qualifications

7+ years of relevant work experience, preferably in compensation.
Strong proficiency in Excel, comfortable with various formulae and pivot tables.

Responsibilities

Serve as strategic advisor on compensation programmes.
Oversee region-specific compensation programmes and processes.
Support year-end compensation process including recommendations.

Skills

Data Analysis

Communication

Organizational Skills

Education

Bachelor's Degree in Business Administration

Tools

Excel

Human Capital Management - Firmwide Compensation - Vice President - Birmingham

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OUR IMPACT

As a division, HCM is at the forefront of supporting business growth and change at Goldman Sachs by recruiting, developing, and rewarding 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.

Job Description

OUR IMPACT

As a division, HCM is at the forefront of supporting business growth and change at Goldman Sachs by recruiting, developing, and rewarding 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.

The Firmwide Compensation Team drives the development and implementation of our compensation philosophy, policies, and practices around the world, supporting our best efforts to attract and retain the best talent available. 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. This function requires liaising with other departments such as Controllers, Legal, and Tax and will also involve providing support to other HCM functions, including HCM Business Partners, Recruiting, Employee Relations, Executive Compensation, Equity Compensation, and Global Mobility Services.

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 .

Principle Duties And Responsibilities

Serve as strategic advisor to Divisions in the design / implementation of compensation programmes and p artner with divisional HCM to advise / deliver workable solutions to the business on compensation issues
Oversee and support region-specific compensation programmes and processes e.g., Currency Election Programme and deliver on compensation related projects in line with firm and divisional strategy
Work with consultants to benchmark compensation in financial services and other adjacent markets and prepare key findings, as required, to stakeholders
Partner with cross-functional HCM teams to advise and structure new hire compensation packages and transfer salaries for existing employees
Support all compensation matters relating to EMEA jurisdictions including monthly payrolls, equity make whole valuations, compensation audits and management of offer letter templates
Provide support and oversight for the year-end compensation process including total compensation recommendations, salaries and compensation communication
Partner with divisional HCM to work on any new office build-outs or acquisitions within the EMEA region
Work closely with Human Capital Management Engineering on system enhancements and automation to achieve operational efficiency
Identify continuous improvement opportunities, drive process change and create efficiencies across the function. Work closely with HCM Engineering on system enhancements and automation to achieve operational efficiency
Liaise with divisional HCM, Tax, Legal, and Controllers on compensation matters as necessary

Skills & Experience We’re Looking For

Preferably bachelor’s degree in business administration, finance or a related field in HR
7+ years of relevant work experience; experience in compensation preferred
Comfortable working with and analyzing large sets of data and presenting results that tell a clear and compelling story. Strong proficiency in Excel, comfortable with various formulae and pivot tables
Ability to handle multiple, time-sensitive projects while focusing on the quality of work delivered to clients
Highly organized, attention to detail and excellent follow-through required
Some functional knowledge of Executive Compensation practices and European remuneration regulations preferred
Strong written and verbal communication skills and ability to develop relationships with professionals across several HCM groups and act as an effective liaison to meet client needs
Thinks multiple steps ahead; prepares for potential problems and escalates issues when appropriate; and juggles competing deadlines effectively
Ability to work well both independently and in a global fast-paced team environment

About Goldman Sachs

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.

We’re committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.

Seniority level

Seniority level
Mid-Senior level

Employment type

Employment type
Full-time

Job function

Job function
Human Resources

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