Compensation Analyst, Sr. Associate

State Street; Boston (MA); Hybrid; USD 52,000 - 87,880; Full time

Benefits offered by this job

401(k) with company match

Comprehensive benefits package

Job summary

State Street in Boston is seeking a Compensation Analyst to support multiple complex business units through compensation analysis, benchmarking, consulting, and day-to-day advisory support. This full-time role is based in Boston and operates in a hybrid model, requiring a minimum of four days per week in the office.

Recent graduates with strong analytical skills and interest in data, compensation, or HR are encouraged to apply.

Qualifications

• Strong analytical, problem-solving, and data modeling capabilities with ability to translate findings into practical recommendations.
• Demonstrated project management skills with ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Capacity to develop strong relationship management and consulting skills, with ability to work effectively across HR and business stakeholders.
• Close attention to detail and comfort working with large data sets, formulas, and report creation.
• Advanced proficiency with Microsoft Excel; proficient with PowerPoint and Word.

Responsibilities

• Re-imagine how the compensation team operates by leveraging AI and other technology tools to unlock better insights, informed decisions, and more effective ways of working
• Support the preparation of compensation analyses, reporting, and recommendations for Human Resources Business Partners and business leaders
• Build and maintain complex data models to assess pay positioning, analyze trends, and support data-driven decision making
• Provide analytical support for annual compensation decisions, including salary increases, promotions, and incentive awards
• Support multiple complex business units with benchmarking, compensation consulting, and day-to-day advisory support
• Assist with compensation benchmarking by analyzing survey data, conducting market assessments, and evaluating internal and external role alignment
• Audit compensation information and related data to ensure accuracy, consistency, and integrity across processes and reporting
• Support evolving regulatory compliance requirements across the United States and globally, including pay transparency and other compensation-related regulations
• Partner effectively across HR and business stakeholders to manage projects, deliver insights, and support ongoing compensation initiatives

Skills

Analytical skills

Problem-solving

Data modeling

Project management

Relationship management

Attention to detail

Excel

PowerPoint

Word

Tools

Excel

PowerPoint

Word

Job description

Summary You will join a dynamic and highly collaborative team of seasoned financial services compensation professionals within Global Total Rewards (GTR).

You will join a dynamic and highly collaborative team of seasoned financial services compensation professionals within Global Total Rewards (GTR). In this role, you will support multiple complex business units through compensation analysis, benchmarking, consulting, and day-to-day advisory support, while helping deliver data-driven recommendations to senior leaders. This role will help define technology-driven processes to improve team efficiency. You will be expected to bring a creative and forward-thinking mindset to analysis, problem-solving, and process improvement.

This full-time role will be based in Boston and operates in a hybrid model, requiring a minimum of four days per week in the office.

Recent college graduates with strong analytical skills and an interest in data, Compensation, or Human Resources are encouraged to apply.

Primary Responsibilities

• Re-imagine how the compensation team operates by leveraging AI and other technology tools to unlock better insights, informed decisions, and more effective ways of working
• Support the preparation of compensation analyses, reporting, and recommendations for Human Resources Business Partners and business leaders
• Build and maintain complex data models to assess pay positioning, analyze trends, and support data-driven decision making
• Provide analytical support for annual compensation decisions, including salary increases, promotions, and incentive awards
• Support multiple complex business units with benchmarking, compensation consulting, and day-to-day advisory support
• Assist with compensation benchmarking by analyzing survey data, conducting market assessments, and evaluating internal and external role alignment
• Audit compensation information and related data to ensure accuracy, consistency, and integrity across processes and reporting
• Support evolving regulatory compliance requirements across the United States and globally, including pay transparency and other compensation-related regulations
• Partner effectively across HR and business stakeholders to manage projects, deliver insights, and support ongoing compensation initiatives

Qualifications

• Strong analytical, problem-solving, and data modeling capabilities, with the ability to translate findings into practical recommendations
• Demonstrated project management skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment
• Capacity to develop strong relationship management and consulting skills, with the ability to work effectively across HR and business stakeholders
• Close attention to detail and comfort working with large data sets, formulas, and report creation
• Advanced proficiency with Microsoft Excel; proficient with PowerPoint and Word
• Strong ambition to learn, intellectual curiosity, and a self-starter mindset

Salary Range

$52,000 - $87,880 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street’s comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you’ll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

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Job Application Disclosure

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Job ID: R-794801