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 focuses on shaping compensation strategies to support investment businesses. The ideal candidate will have extensive experience in compensation and a strong understanding of market trends.

Benefits

Flexible global resources

Generous paid leaves

Paid volunteer time

Qualifications

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

Responsibilities

• Develop and implement compensation strategies aligning with business objectives.
• Collaborate with senior leaders to design compensation programs.

Skills

Analytical

Communication

Project Management

Job description

New York, NY, United States

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 around the globe, our 50,000+ employees bring the power of their perspective to the table tocreate solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.

We're seeking a future team member for the role of Director, Global Head of Compensation -Investments, to join our Compensation team. In this position, you will play a key role in shaping the compensation strategy and programs that support the growth and success of our investment businesses, while driving alignment and synergy across the organization.

BNY Investments’ offering from mainstream equities to alternatives, from private debt markets to the world of fixed income, manages approximately 2 trillion in AUM and each has its own specialist investment expertise, its own culture, philosophy and proprietary investment process.

This role is located in NEW YORK, NY - HYBRID.

In this role, you'll make an impact in the following ways:

• Develop and implement compensation strategies that align with BNY's business objectives and support the growth of our investment firms
• Collaborate with senior leaders to design and deliver compensation programs that attract, retain, and motivate top talent
• Analyze market trends and competitor data to inform compensation decisions and ensure BNY's competitiveness in the market
• Provide expert guidance and advice to stakeholders on compensation-related matters, including regulatory requirements and industry’s best practices
• Lead projects to review and refine compensation processes, ensuring efficiency, effectiveness, and compliance with regulatory requirements

To be successful in this role, we're seeking the following:

• 12+ years of experience in compensation and deep understanding of the investment business and its compensation trends
• Strong knowledge of compensation principles, practices, and regulatory requirements
• Experience in designing and implementing compensation programs, including base pay, incentives, and benefits
• Excellent analytical, communication, and project management skills
• Ability to work collaboratively with stakeholders, including senior leaders, HR partners, and external consultants

At BNY, our culture speaks for itself. Here’s a few of our awards:

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023

Our Benefits and Rewards:

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $200,000 and $225,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

Job Info

• Job Identification 66652
• Job Category Compensation Partners
• Posting Date 05/13/2025, 07:46 PM