Director, Compensation Manager - Investments

BNY Mellon; New York (NY); Hybrid; USD 200,000 - 225,000; Full time

Job summary

A leading global financial services company is seeking a Director, Global Head of Compensation - Investments. This role involves shaping compensation strategies that support investment growth and drive organizational synergy. The ideal candidate will have extensive experience in compensation within the investment sector and strong analytical skills.

Benefits

Generous paid leaves

Paid volunteer time

Flexible global resources

Qualifications

• 12+ years of experience in compensation and understanding of investment business.
• Strong knowledge of compensation principles and regulatory requirements.

Responsibilities

• Develop and implement compensation strategies aligned with business objectives.
• Collaborate with leaders to design compensation programs.
• Analyze market trends for compensation decisions.

Skills

Analytical

Communication

Project Management

Job description

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system, we touch nearly 20% of the world's investible assets. Every day, our 50,000+ employees bring their perspectives to create solutions with our clients that benefit businesses, communities, and people worldwide.

We are recognized as a top innovator and an inclusive workplace. Through our unique ideas and talents, we help make money work for the world. This is #LifeAtBNY.

We are seeking a Director, Global Head of Compensation - Investments to join our Compensation team in New York, NY - Hybrid. You will shape compensation strategies supporting our investment businesses and drive organizational alignment.

BNY Investments manages approximately $2 trillion in AUM across various asset classes, each with its own expertise, culture, and proprietary processes.

Key responsibilities include:

1. Developing and implementing compensation strategies aligned with business objectives.
2. Collaborating with senior leaders to design and deliver talent attraction and retention programs.
3. Analyzing market trends and competitor data for competitive compensation decisions.
4. Providing guidance on regulatory requirements and industry best practices.
5. Leading projects to review and enhance compensation processes for efficiency and compliance.

Qualifications include:

1. 12+ years of experience in compensation within the investment sector.
2. Deep understanding of compensation principles, practices, and regulations.
3. Experience in designing comprehensive compensation programs.
4. Strong analytical, communication, and project management skills.
5. Ability to work collaboratively with stakeholders at all levels.

Our awards:

• America's Most Innovative Companies, Fortune, 2024
• World's Most Admired Companies, Fortune, 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 2023-2024
• Best Places to Work for Disability Inclusion, Disability: IN, 2023-2024
• "Most Just Companies", Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, 2024
• Bloomberg's Gender Equality Index, 2023

Benefits and Rewards:

We offer competitive compensation, benefits, and wellbeing programs, including flexible resources, paid leaves, and volunteer time. Our pay-for-performance philosophy ensures recognition of your contributions.

BNY is an Equal Employment Opportunity/Affirmative Action Employer. The expected starting salary range is $200,000 to $225,000, determined by experience and market location. Total compensation may include bonuses, incentives, and benefits.