Compensation Associate

Millennium; Bengaluru; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Millennium is hiring a Compensation Associate to join their Compensation Operations team in Bengaluru, India. This role involves managing compensation data for Traders and Portfolio Managers, ensuring accuracy, and analyzing related information. Candidates should have 5–6 years of experience in finance, compensation, or HR operations, with strong analytical and communication skills. Proficiency in using tools like Appian and expertise in Excel are essential. Join a team focused on process improvement and data integrity.

Qualifications

• 5–6 years of relevant experience in Compensation, Finance Operations, or Accounting.
• Strong understanding of compensation processes and data management.
• Excellent verbal and written communication skills.

Responsibilities

• Manage and maintain compensation-related data for accuracy and confidentiality.
• Review and validate compensation metrics and supporting data.
• Analyze compensation-related information in partnership with stakeholders.

Skills

Analytical capability

Data accuracy

Process control

Stakeholder management

Advanced Excel skills

Tools

Appian

Job description

We are looking to hire Compensation Associate to join our Compensation Operations team. This role sits at the intersection of compensation, finance, data quality, and operational process management, supporting compensation data and workflows for Traders and Senior Portfolio Managers.

This is an excellent opportunity for professionals with 5–6 years of experience in compensation, finance, accounting, or operations who enjoy working in a detail-oriented, high-accountability environment. The role requires strong analytical capability, comfort working with sensitive compensation information, and the ability to navigate complex workflows and approval processes.

Key Responsibilities

• Manage and maintain compensation-related data for Traders and Senior Portfolio Managers with a high degree of accuracy and confidentiality.
• Review, validate, and capture compensation metrics, relative terms, and supporting data within Appian.
• Ensure strong data quality, completeness, and consistency across compensation records and approval workflows.
• Analyze compensation-related information, including legal terms and conditions, in partnership with relevant stakeholders.
• Apply compensation, finance, and accounting knowledge to support accurate interpretation and processing of compensation data.
• Coordinate items through multi-level approval workflows, ensuring timely and accurate execution.
• Partner with the Product / Technology team to identify system gaps and help define enhancements where current tools do not fully capture required information.
• Support process improvement initiatives to strengthen controls, efficiency, and scalability within compensation operations.
• Collaborate with Compensation, Finance, HR, Legal, Operations, and business stakeholders as needed.

Required Qualifications

• 5–6 years of relevant experience in Compensation, Compensation Operations, Finance Operations, Accounting, HR Operations, or a related function.
• Strong understanding of compensation processes, metrics, and data management.
• Solid knowledge of finance and/or accounting fundamentals.
• Ability to review and interpret terms and conditions related to compensation or contractual arrangements.
• Strong attention to detail and commitment to data accuracy and process control.
• Experience working with workflow or process management tools such as Appian or similar systems is preferred.
• Advanced Excel / spreadsheet skills and comfort working with structured data.
• Strong analytical, organizational, and stakeholder management skills.
• Excellent verbal and written communication skills.

Preferred Qualifications

• Experience supporting compensation processes for front-office populations, including Traders or Portfolio Managers.
• Exposure to incentive compensation, variable pay, or deferred compensation processes.
• Experience contributing to system enhancement, business requirement gathering, or process redesign initiatives.
• Background in asset management, investment management, banking, or financial services is a plus.

What We’re Looking For

We are seeking professionals who combine compensation knowledge, operational discipline, and strong data judgment. The ideal candidate is comfortable handling sensitive information, working across multiple stakeholders, and improving processes in a controlled, fast-paced environment.