Principal, Global Compensation

Wellington Management Company; Greater London; Hybrid; GBP 90,000 - 140,000; Full time

Job summary

Wellington Management in London seeks a senior compensation expert to provide strategic consultation to HR partners and senior leaders, shaping regional Total Rewards programs that align with global priorities. You will partner with the Global Compensation team in Boston to design, manage base pay and corporate bonus programs, conduct market benchmarking, and ensure regional compliance across EMEA.

We value analytical rigor, confidentiality, and strong communication as you lead compensation

Qualifications

• 10+ years in Total Reward in a global organization.
• Experience managing pay and bonus programs in financial services.
• Strong analytical skills with large data sets and presenting findings.
• Excellent written and verbal communication across all levels.

Responsibilities

• Serve as primary contact for compensation matters for assigned business groups.
• Provide insights into market trends and their regional impact.
• Oversee EMEA compensation compliance and regional regulatory requirements.
• Conduct market benchmarking and analyses; share findings to keep pay competitive.
• Advise on compensation levels for new hires with supporting analyses.
• Partner with Global Compensation to design and manage base pay and bonuses.
• Lead ad hoc compensation projects and new role/pay structure development.
• Collaborate on procedures, analytics, and reporting for Compensation Committees.

Skills

Total Rewards experience

Analytical skills

Communication skills

Cross-cultural awareness

Project management

Independent judgement

Stakeholder management

Data-driven decision making

Consulting mindset

Big data handling

Education

Bachelor's degree

Job description

About Us

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate.

As a private partnership, we believe our ownership structure foster a long-term view that aligns our perspectives with those of our clients.

About the Role

The role

This role serves as a senior subject matter expert in Compensation, providing strategic consultation and trusted advice to Human Resources business partners and senior business leaders on compensation matters. With high visibility across the firm, the role requires a strong consulting mindset and close partnership with HR to support and influence a broad range of people‑related initiatives. The position provides dedicated compensation support for one or more business areas, partnering with leaders to design and deliver competitive, market‑aligned reward solutions.

Based in London, this role works closely with the Global Compensation team in Boston to develop and execute regional strategies that align with global Total Rewards priorities.

In particular, the role will have the following responsibilities:

• Serve as the primary point of contact for business leaders and HR partners on compensation matters for assigned business groups.
• Proactively provide insights into market trends and their impact on the region and supported business areas.
• Oversee EMEA compensation compliance processes and act as the subject matter expert on regional regulatory requirements.
• Conduct market benchmarking and competitive analyses; share findings internally to ensure compensation structures and pay levels remain competitive and support attraction and retention.
• Advise on compensation levels for new hires, including conducting and presenting supporting analysis.
• Partner with the Global Compensation team to design, manage, and administer base pay and corporate bonus programs, including support for the annual compensation review cycle.
• Lead and support ad hoc compensation projects, such as deep‑dive analyses or the development of compensation structures for new roles or business areas.
• Collaborate with cross‑functional partners to develop compensation procedures, analytics, and reporting, including preparation of materials for Compensation Committees.
• Participate in industry forums and networks to stay current on market trends, practices, and costs, and help ensure firm policies remain aligned with external developments.

The successful candidate is likely to have:

• 10+ years of experience working in a global organization within the field of Total Reward.
• Extensive knowledge and experience of managing pay and bonus programs, preferably within the global financial services sectors.
• Exceptional analytical skills, comfortable working with large amounts of data and communicating data findings.
• Customer service orientation with a demonstrated desire to exceed expectations – ability to serve multiple customers (employees, managers, HR) even in situations of conflicting interests between groups.
• Excellent written and verbal communications skills are required - to interface with all levels of the organization, influence decision makers, set and manage expectations, and translate data findings into clear and concise documents and presentations.
• Strong cross-cultural awareness, sensitivity, and high level of confidentiality.
• Ability to exercise problem solving skills and independent judgement using analytical and consulting skills.
• Solid project management skills – e.g., develop project plans, scope and ensure execution and delivery.
• Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader picture.
• Ability to work independently as well as in a team environment.
• Bachelor’s degree required.

We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law.

If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [e-mail].

We believe that in person interactions inspire and energize our community and are essential to our culture.

In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week.

We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

Tracing our history to 1928, Wellington Management is one of the world’s largest independent investment management firms. We serve as a trusted adviser to clients in over 60 countries, visit our website to see our assets under management.

Our innovative investment solutions are built on the strength of proprietary, independent research and span nearly all segments of the global capital markets, including equity, fixed income, multi-asset, and alternative strategies.

As a private partnership whose sole business is investment management, our long-term views and interests are aligned with those of our clients.

We are committed to attracting a talented and diverse workforce, and to fostering an open, collaborative culture of inclusivity because we believe multiple perspectives lead to more informed investment and business decisions.

As an Equal Opportunity Employer, we welcome people with diverse life experiences, fresh ideas, and specialized subject-matter expertise.

We believe that in person interactions inspire and energize our community and are essential to our culture.

In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week.

We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

For more information, please visit https://www.wellington.com/en/