Senior Manager, Total Rewards

Vanguard; Hyderabad; Hybrid; INR 2,500,000 - 4,000,000; Full time

Job summary

Vanguard’s India office in Hyderabad seeks a senior compensation and benefits leader to drive total rewards design and execution. You will ensure regulatory compliance, benchmark against external practices, and influence senior leadership on compensation strategies that attract and retain talent.

The role emphasizes global total rewards delivery, policy development, and partnership with cross-functional teams to align with Vanguard's business objectives.

Qualifications

• Minimum 10 years of related work experience, with at least 3 years of Compensation or Benefits experience.
• Undergraduate degree (such as BBA, B.Com, BA, B.Sc., or equivalent) or equivalent training; MBA preferred.

Responsibilities

• Hires, evaluates, and supervises crew; sets performance standards and compensation decisions.
• Develops and maintains total rewards policies aligned with global strategy.
• Advises on regulatory changes affecting compensation and benefits programs.
• Leads benchmarking and market studies to ensure equitable pay practices.
• Oversees annual compensation review cycles including salary planning and incentives.

Skills

Compensation or Benefits experience

Supervisory experience

Education

Undergraduate degree

Graduate degree (MBA)

Job description

Manages compensation and benefits programs, policies, and procedures. Ensures compliance with applicable regulations. Exercises significant discretion in setting and interpreting compensation and benefit programs based on expert understanding of external practices.

About Vanguard

Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to tens of millions of individual investors around the globe—directly, through workplace plans, and through financial intermediaries.

Vanguard’s India Office

Vanguard’s office in India is a significant milestone in our global expansion. We are committed to establishing an enduring technology center in Hyderabad, Telangana and are excited to be adding talent who will focus on Artificial Intelligence (AI), mobile, and cloud-based technologies that drive our business outcomes and deliver a world-class experience for our clients.

Role Summary

This role manages compensation and benefits programs, policies, and procedures. Ensures compliance with applicable regulations. Exercises significant discretion in setting and interpreting compensation and benefit programs based on expert understanding of external practices. Additionally, this role drives the design and delivery of competitive total rewards programs that support talent attraction, retention, engagement, and organizational objectives.

Responsibilities

• Hires, evaluates, and supervises crew. Provides guidance and training as necessary to develop crew. Sets performance standards, reviews performance, and makes informed compensation decisions in accordance with all applicable Human Resources policies and procedures.
• Develops and maintains total rewards policies and guidelines in line with the enterprise global total rewards strategy. Leads the implementation of the total rewards strategy.
• Advises on regulatory changes or industry forces that affect the compliance or competitiveness of compensation and benefits programs offered to Vanguard. Partners with legal, risk, and finance partners to ensure regulatory and statutory compliance related to total rewards.
• Evaluates and makes recommendations on selected business changes with compensation and benefit implications. Facilitates and participates in conversations regarding transformations, career pathing, workforce planning, and recruitment as needed.
• Consults on total rewards related issues and partners with various partners to resolve or improve the total rewards offer or delivery. Acts as a deep subject matter expert to guide and support other crew and improve their total rewards acumen.
• Facilitates partnership across the various Human Resources departments to align business goals with Human Resources programs and policies. Influences senior management to change total rewards offerings based on Vanguard's needs and market practices.
• Implements communication programs and training to increase total reward program transparency and accessibility. Provides sophisticated analysis to senior leaders to inform and influence significant total rewards decisions.
• Builds and maintains an expert understanding of compensation and benefit practices for multiple industries. Surfaces trends, changes in employment law, regulatory matters, or compliance requirements, and other factors that impact the design and implementation of compensation and benefit programs.
• Leads compensation benchmarking and market studies to ensure competitive and equitable pay practices.
• Oversees annual compensation review cycles, including salary planning, incentive programs, and pay governance processes.
• Evaluates and recommends enhancements to employee benefits programs based on workforce needs, market trends, and organizational priorities.
• Develops HR analytics and insights related to compensation, benefits, and workforce trends to support strategic decision-making.
• Participates in special projects and performs other duties as assigned.

Qualifications & Skills

• Minimum 10 years of related work experience, with at least 3 years of Compensation or Benefits experience. Supervisory experience preferred.
• Undergraduate degree (such as BBA, B.Com, BA, B.Sc., or equivalent) or equivalent combination of training and experience. Graduate degree (such as MBA in Human Resources, Finance, Business Administration, or equivalent) preferred.

Location

This role is based in Hyderabad, Telangana at Vanguard’s India office. Only qualified external applicants will be considered.

Our mission

Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

Our commitment to you

Vanguard takes the same long‑term view as you with Benefits and Rewards packages that reflect what you care about, throughout all the phases and stages of your life.

Financial wellness

We're committed to enabling your financial success and provide competitive offers and programs.

Physical wellness

We're committed to providing benefits that support your physical health and wellness.

Personal wellness

We're committed to providing resources that help support the full scope of your life.

How we work

Vanguard has implemented a hybrid working model for most of our employees (crew members), designed to capture the benefits of enhanced flexibility while enabling in‑person learning, collaboration, and connection. We believe our mission‑driven and highly collaborative culture is a critical enabler to support long‑term client outcomes and enrich the employee experience.