Senior Global Compensation Advisor

LGBT Great; Greater London; Hybrid; GBP 85,000 - 110,000; Full time

Job summary

Northern Trust is seeking a Compensation Senior Consultant to join the Enterprise Chief Operating Office (ECOO). You will partner with HR, business leaders and pay programs to translate compensation philosophy into actionable pay decisions that attract, retain and motivate talent worldwide.

In this role you will lead global compensation cycles, conduct job evaluations and market analyses, and deliver executive-ready insights, while ensuring governance and internal equity across complex

Qualifications

• 7+ years of progressive compensation experience, preferably within the financial services industry.
• Bachelor's degree in Business, Finance, Economics, HR, or related field.
• Strong compensation consulting and stakeholder-management skills, with the judgment to develop, explain, and defend recommendations.

Responsibilities

• Serve as a trusted compensation advisor for assigned business units and functions within ECOO, providing guidance to HR Business Partners, Talent Acquisition, and business leaders on complex compensation matters.
• Develop recommendations for internal moves, retention situations, off-cycle adjustments, reorganizations, and other pay decisions, balancing external market data, internal equity, business priorities, affordability, and governance requirements.
• Translate business and workforce needs into practical compensation solutions across base pay, short-term incentives, sales or other variable compensation programs, and recognition programs, as applicable.
• Conduct and present job evaluations, leveling assessments, market-pricing analyses, and pay recommendations; support the consistent application of the global job architecture, career framework, and salary structures.
• Facilitate compensation discussions with HR and business leaders, explain complex or sensitive information clearly, challenge assumptions constructively, and build alignment around recommended actions.
• Monitor external compensation practices, labor market developments, and relevant regulatory changes; assess implications and recommend appropriate responses.
• Develop executive-ready analyses and materials that convert complex compensation data into clear findings, alternatives, risks, and recommendations.
• Lead and support the global annual compensation cycle, including planning, data validation, market and pay-equity analysis, system testing, stakeholder communications, manager and HR enablement, issue resolution, and post-cycle review.

Skills

Market pricing

Job evaluation

Salary structures

Base pay

Internal equity

Pay governance

Stakeholder management

Analytical skills

Business acumen

Communication

Project management

Excel

PowerPoint

Education

Bachelor's degree in Business, Finance, Economics, Human Resources, or related field

Tools

Microsoft Excel

PowerPoint

Job description

Northern Trust is seeking a Compensation Senior Consultant to join the Enterprise Chief Operating Office (ECOO). You will partner with HR, business leaders and pay programs to translate compensation philosophy into actionable pay decisions that attract, retain and motivate talent worldwide.

In this role you will lead global compensation cycles, conduct job evaluations and market analyses, and deliver executive-ready insights, while ensuring governance and internal equity across complex