Compensation Executive Director

The Depository Trust & Clearing Corporation (DTCC); Jersey City (NJ); Hybrid; USD 180,000 - 320,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive health and life insurance

Pension / Retirement benefits

Paid Time Off and Personal/Family Care

Job summary

A leading financial services organization in Jersey City is seeking a Compensation Executive Director to execute and align compensation strategies with business priorities. The role involves overseeing compensation programs, providing strategic insights to senior executives, and managing a high-performing team. Ideal candidates should have over 20 years of HR experience, particularly in compensation management, alongside strong analytical and communication skills. This position also emphasizes compliance and change management, contributing to a culture of excellence.

Qualifications

• 20+ years of progressive HR/Compensation experience, including 8+ years in leadership roles.
• Demonstrated ability to set and execute compensation strategies.
• Strong business acumen and analytical capability.

Responsibilities

• Executes the DTCC compensation strategy supporting business performance.
• Provides oversight of DTCC's compensation programs.
• Advises senior leaders on compensation strategy and market trends.
• Advises senior leaders on compensation strategy, market trends, and organizational implications.
• Supports Board-related compensation activities with materials, insights, and governance alignment.
• Leads compensation communications and change-management across the organization.
• Ensures compliance with internal controls, governance processes, and regulatory requirements.
• Leads and develops a high-performing compensation team with effective delegation.

Skills

HR strategy

Compensation design

Leadership

Excel modeling

Analytics

Stakeholder management

Vendor management

Communication

Project management

Negotiation

Education

Bachelor's degree

Tools

Microsoft Excel

Job description

Are you ready to make an impact at DTCC? Do you want to work on innovative projects, collaborate with a dynamic and supportive team, and receive investment in your professional development? At DTCC, we are at the forefront of innovation in the financial markets. We are committed to helping our employees grow and succeed. We believe that you have the skills and drive to make a real impact. We foster a thriving internal community and are committed to creating a workplace that looks like the world that we serve.

Pay And Benefits

• Competitive compensation, including base pay and annual incentive
• Comprehensive health and life insurance and well-being benefits, based on location
• Pension / Retirement benefits
• Paid Time Off and Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being.
• DTCC offers a flexible/hybrid model of 3 days onsite and 2 days remote (onsite Tuesdays, Wednesdays and a third day unique to each team or employee).

The Impact You Will Have In This Role

The Compensation Executive Director is accountable for executing a comprehensive compensation strategy that advances the firm’s human capital agenda, supports business performance, and reinforces DTCC’s pay‑for‑performance philosophy. This leader oversees all compensation programs, governance, communications, and analytics while guiding a high‑performing team and advising senior executives across the organization.

Your Primary Responsibilities

• Executes the DTCC compensation strategy and ensures alignment with DTCC’s business, talent, and governance priorities.
• Provides oversight of DTCC’s compensation programs and the annual compensation cycle, ensuring well designed and executed processes, compensation structures, market benchmarking, job architecture, governance and communications.
• Provides direct compensation support and consultation to designated client groups and HR partners, offering guidance on offers, job evaluations, market data, pay recommendations, and complex cases.
• Advises senior leaders and executives on compensation strategy, market trends, organizational implications, and high‑impact decisions, translating insights into clear recommendations.
• Supports Board‑ related compensation activities, including preparation of materials, insights, analyses, and alignment with Board‑ approved frameworks and governance standards.
• Leads compensation‑ related communication and change‑management activities to ensure understanding, adoption, and consistency across the organization.
• Ensures compliance with internal controls, governance processes, and regulatory requirements; proactively identifies and mitigates risks through ongoing review and auditing.
• Leads and develops a high‑performing compensation team, building capability, accountability, and a culture of excellence while coaching and empowering team members through effective delegation and maintaining executive oversight of high‑quality deliverables.

NOTE: The Primary Responsibilities of this role are not limited to the details above.

Qualifications

• 20+ years of progressive HR/Compensation experience, including 8+ years in leadership roles; experience in multinational and Financial Services environments strongly preferred, with a bachelor’s degree or equivalent related experience.
• Demonstrated ability to set and execute compensation strategies and design competitive programs (salary structures, incentives, benchmarking, job architecture) aligned to business and governance priorities.
• Strong business acumen, analytical and critical‑thinking capability, with the ability to translate complex data into insights and strategic recommendations for senior and Board‑ level stakeholders.
• Exceptional communication, consulting, and influencing skills, with proven experience supporting leaders and HR partners on compensation decisions, job evaluations, and market insights.
• Proven ability to lead enterprise‑wide initiatives, balancing strategic and operational demands; strong project management, problem‑solving, and negotiation skills.
• Experience managing vendors and external consulting partners, ensuring partnership effectiveness and accountability for results.
• Demonstrated success leading and developing high‑performing teams, fostering capability, accountability, and a culture of excellence.
• Advanced Microsoft Office proficiency, especially in Excel modeling and analytics.

The salary range is indicative for roles at the same level within DTCC across all US locations. Actual salary is determined based on the role, location, individual experience, skills, and other considerations.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Please contact us to request accommodation.