Executive Compensation Manager

Ascendo Resources

Miami (FL)

On-site

USD 90,000 - 160,000

Full time

14 days+

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Job summary

An established industry player is looking for a highly skilled Executive Compensation Manager to lead the development of their executive compensation strategy. This pivotal role involves analyzing compensation data, conducting evaluations, and ensuring compliance with regulatory requirements. The ideal candidate will have a strong background in executive compensation, with at least 7 years of experience, and a Master’s degree in a relevant field. Join a dynamic team and contribute to shaping the compensation landscape within a leading financial institution, driving strategic initiatives that align with industry best practices and support business objectives.

Qualifications

  • 7+ years of experience in executive compensation or related fields.
  • Master’s degree in a relevant field is required.

Responsibilities

  • Develop and execute executive compensation strategy and incentive programs.
  • Conduct compensation analyses and ensure compliance with governance requirements.

Skills

Strategic Compensation Management
Data Analysis
Benchmarking
Job Evaluations
Compliance Knowledge
Presentation Skills

Education

Master’s degree in Accounting
Master’s degree in Finance
Master’s degree in Human Resources
Master’s degree in Engineering

Tools

HRIS (SAP)
Equity Administration Software

Job description

We are seeking a highly skilled and strategic Executive Compensation Manager to oversee and administer the Bank’s executive compensation programs. This role will play a pivotal part in shaping and implementing the organization’s executive talent and compensation strategy, ensuring alignment with industry best practices and regulatory requirements.

Key Responsibilities:

  • Develop and execute the Bank’s executive compensation strategy, including short-term and long-term incentive programs.
  • Analyze and interpret compensation data to ensure competitive and market-aligned executive rewards that support business objectives.
  • Conduct large-scale and ad hoc executive compensation analyzes, including benchmarking, merit increases, gender pay analysis, and organizational restructuring projects.
  • Lead the annual compensation review process and oversee digital transformation efforts for executive goal setting, performance evaluation, and compensation processes.
  • Conduct job evaluations and provide data-driven compensation recommendations for new and existing executive roles.
  • Model and assess the impact of incentive plans, providing strategic recommendations based on analysis.
  • Prepare executive compensation disclosures for proxy statements and Board of Directors’ Talent & Compensation Committee meetings.
  • Ensure compliance with executive compensation governance requirements set by regulatory authorities (e.g., SEC, Nasdaq).
  • Collaborate with external consultants, executives, and stakeholders on compensation tax withholding and multi-jurisdictional tax matters.
  • Deliver presentations on executive compensation and benefits programs to key stakeholders.
  • Manage relationships with executive compensation vendors, overseeing contracts, billing, and compliance processes.
  • Partner with business leaders to provide insights and analytics on compensation strategies.
  • Optimize the use of HRIS (SAP) and specialized equity administration software to enhance compensation processes.
  • Work closely with Legal, Fiduciary Services, Finance, and other key departments to ensure alignment with business and regulatory requirements.

Qualifications:

  • Education: Master’s degree in Accounting, Finance, Human Resources, Engineering, or a related field.
  • Experience: Minimum of 7 years of experience in executive compensation or related areas. Prior experience in financial institutions is preferred.
Seniority level

Executive

Employment type

Full-time

Job function

Human Resources

Industries

Financial Services, Banking, and Investment Banking

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