Principal, Global Compensation

Wellington Management; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Hybrid work model

Equal opportunity employer

Job summary

Wellington Management in London seeks a senior Compensation expert to provide strategic guidance to HR and senior leaders. You will shape regional Total Rewards, align with global priorities, and manage base pay and bonus programs while ensuring regulatory compliance across the EMEA region.

You will partner with the Global Compensation team, lead market benchmarking, and drive ad hoc projects to ensure competitive, fair pay structures for diverse business areas.

Qualifications

• 10+ years of experience in Total Rewards within a global organization.
• Experience managing pay and bonus programs, preferably in global financial services.
• Strong analytical skills and comfort with large data sets and presenting findings.
• Customer service orientation and ability to balance multiple stakeholders.
• Excellent written and verbal communication, capable of influencing at all levels.
• High confidentiality and cross‑cultural awareness.
• Strong problem solving and independent judgement with analytical consulting skills.
• Solid project management skills and ability to deliver on time.

Responsibilities

• Serve as primary contact for business leaders and HR partners on compensation matters for assigned groups.
• Provide insights on market trends and their impact on the region and supported areas.
• Oversee EMEA compensation compliance and advise on regional regulatory requirements.
• Conduct market benchmarking and share findings to maintain competitive pay structures.
• Advise on compensation for new hires with supporting analysis.
• Collaborate with Global Compensation to design base pay and bonus programs.
• Lead ad hoc compensation projects and develop compensation structures for new roles.
• Partner with cross‑functional teams to develop processes, analytics, and reporting for Compensation Committees.
• Engage in industry forums to stay current on market practices and costs.

Skills

Total Rewards

Compensation Strategy

Data Analysis

Stakeholder Management

Communication Skills

Project Management

Confidentiality

Education

Bachelor’s degree

Tools

Excel

HRIS

SQL

Power BI

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 fosters a long-term view that aligns our perspectives with those of our clients.

About The Role

The 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 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.

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].