Compensation Operations_ Director_Compensation

Morgan-Stanley; Karnataka; On-site; INR 3,500,000 - 9,000,000; Full time

Job summary

Morgan Stanley in Karnataka seeks a Director to support Compensation Operations within the Rewards function. You will oversee compensation processes, collaborate with IT, HR, and front office, and ensure accurate data reporting and control.

The role emphasizes working with large confidential data sets, defining requirements, testing, and leading end-to-end compensation cycles across the organization.

Qualifications

• Bachelor’s degree or higher in a relevant field.
• Strong analytical acumen with attention to detail.
• Excellent written and verbal communication.

Responsibilities

• Support the team leader across multiple workstreams.
• Audit and report on compensation data; fix anomalies.
• Act as SME for the compensation management system and processes.
• Develop requirements, test plans and acceptance criteria for features and deliveries.
• Support day-to-day system issues for users including front office, IT and HR.
• Drive compensation cycles (quarterly, mid-year, year-end) with robust runbooks and trackers.

Skills

Analytical skills

Stakeholder management

Communication

Time management

Excel proficiency

Agile/Jira

Education

Bachelor’s degree

Tools

MS Excel

Jira

Job description

We’re seeking someone to join our team as Director to support the team leader with a variety of workstreams, partnering closely with system users as well managing the operations as working with the IT department to evolve and enhance the system and processes.In the Human Capital Management division, we provide advice and insight to attract, retain, reward and develop a talented global workforce, giving employees the support and tools, they need to succeed. This is a Director level position within the Compensation Operations team overseeing Compensation Technology and Operational Processes across the Rewards function.Since 1935, Morgan Stanley is known as a global leader in financial services, always evolving and innovating to better serve our clients and our communities in more than 40 countries around the world.What you'll do in the role: -Working with large sets of confidential data relating to compensationTimely data reporting, analytics, and presentation to different stakeholdersConduct reviews, audits of all compensation data, escalate and fix anomalies.Become a subject matter expert on the firm's compensation management system and related processes to effectively provide support to users.Assist with creating functional business requirements and contribute to test plans and develop user acceptance criteria for feature, user story, and functional delivery.Participate in testing new development and bug fixes, identifying any issues or disconnects from original requirements.Provide support and troubleshoot day-to-day issues and questions for users of the system, from front office managers to IT and HR users.Learn and help support full compensation life cycle, from monthly accruals to year end decision collection and employee communication processes.Drive and Partner with the business in facilitating the Quarterly, Mid-Year and Year-End comp rounds by:Gathering system requirements relating to the Grids, processes relating to the comp roundsBuild and maintain a robust runbook for all the comp round processes and be a POC on the comp round.Participate and host Program meetings relating to the Comp rounds.Build and maintain trackers and templates.Create Process documentation and training materials.What you'll bring to the role: -Bachelor’s degree in relevant course with 6+ years of experience in a business analysis type roleStrong analytical acumen, highly diligent and outstanding attention to detailResourceful, with strong communication, collaboration, and time management skillsComfortable interacting with various stakeholders of all levelsProficient in MS Excel, comfortable working with large datasetsExperience with HR systems, compensation system, and system implementations a plus.Knowledge and experience with Agile methodology and Jira a plusWHAT YOU CAN EXPECT FROM MORGAN STANLEY:At Morgan Stanley, we raise, manage and allocate capital for our clients – helping them reach their goals. We do it in a way that’s differentiated – and we’ve done that for 90 years. Our values - putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back - aren’t just beliefs, they guide the decisions we make every day to do what's best for our clients, communities and more than 80,000 employees in 1,200 offices across 42 countries. At Morgan Stanley, you’ll find an opportunity to work alongside the best and the brightest, in an environment where you are supported and empowered. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry. There’s also ample opportunity to move about the business for those who show passion and grit in their work.To learn more about our offices across the globe, please copy and paste https://www.morganstanley.com/about-us/global-offices into your browser.Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background. Our recruiting efforts reflect our strong commitment to a culture of inclusion, where individuals are hired, developed, and advanced based on their skills and talents.Our workforce reflects a broad cross-section of the global communities in which we operate, bringing a variety of backgrounds, talents, perspectives, and experiences.For more information, please visit: https://www.morganstanley.com/people-opportunities/eeo .