Global Compensation Management, VP

The Blackstone Group L.P.; New York (NY); On-site; USD 170,000 - 225,000; Full time

Benefits offered by this job

Health benefits

401(k) plan

Discretionary bonuses

Equity eligibility

Job summary

Blackstone seeks a senior compensation professional to lead the design, implementation, and governance of compensation programs across the firm. You will ensure market competitiveness, internal equity, and adherence to regulations while partnering with Finance and HR to drive strategic rewards initiatives.

The ideal candidate has 8+ years of experience, strong business/financial acumen, CCP/PHR-SPHR is a plus, and will contribute in New York with cross-functional collaboration across the

Qualifications

• Bachelor's degree required with focus in Business Administration/Finance preferred.
• 8+ years of progressive compensation experience.
• Extensive experience with multiple rewards and recognition programs.
• Strong business/financial background with strong analytical skills.

Responsibilities

• Provide strategic direction for design, implementation, and administration of compensation programs.
• Ensure compensation is competitive, internally equitable, and cost-effective.
• Manage market benchmarking, data analysis, and presentation of findings.
• Lead annual compensation planning in collaboration with HR and business units.
• Prepare compensation analyses and support various compensation projects.

Skills

Analytical skills

Strong communication

Project management

Strategic thinking

Consultative skills

Education

Bachelor's degree in Business/Finance

Tools

Microsoft Excel

PowerPoint

MS Office

Job description

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram.

Responsibilities

• Provide strategic direction, planning, and guidance to execute the design, implementation, communication, and administration of Blackstone Investment Professional’s compensation programs.
• Provide solutions that are consistent with Blackstone's compensation philosophy, business needs, federal and state regulations.
• Ensure compensation is competitive with the marketplace, internal equity/fairness while recognizing the need for cost stewardship.
• Ensures compliance and consistency with U.S. and global policies, procedures, and processes.
• Manage the process of market benchmarking and market analysis, analyze data, and present findings and recommendations.
• Manage annual compensation planning process for employees in collaboration with the business and HR team.
• Prepare compensation analyses and manage various compensation projects in support of the business.

Requirements

• Bachelor's degree from an accredited institution required, with a focus in Business Administration/ Finance preferred.
• 8+ years of progressive compensation experience.
• Extensive experience working with multiple rewards and recognition programs.
• Must possess a strong business and / or financial background and strong analytical skills, using both qualitative and quantitative data.
• Overall HR experience and comprehensive understanding of compensation practices, programs, and plans.
• Knowledge of federal and state laws and regulations relating to compensation (FLSA and DOL).
• Requires excellent knowledge of Microsoft Excel, PowerPoint, Word, and Office.
• Consultative and collaborative.
• Experience to communicate (verbal / written) in a direct, concise manner, experience to interact with professionals at all levels, experience to effectively communicate with a wide variety of partners/ stakeholders.
• Demonstrated strong process/ project management skills, and attention to detail.
• Compensation certification CCP or PHR/ SPHR highly desired.

Expected annual base salary range: $170,000 - $225,000. Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.

Additional compensation and benefits offered in connection with the role consist of:

• comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• paid time off
• life insurance
• 401(k) plan
• discretionary bonuses
• Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.

All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following: Attending client meetings where you are discussing Blackstone products and/or and client questions; Marketing Blackstone funds to new or existing clients; Supervising or training securities licensed employees; Structuring or creating Blackstone funds/products; and Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials. Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis.

At Blackstone, we look to attract and retain the brightest minds in the business, hiring professionals across a wide range of disciplines. Our employees are integral to the firm’s identity, contributing to a culture of integrity, professionalism and excellence. It is their dedication and passion for their work that has helped Blackstone become a trusted partner for some of the largest institutional investors in the world. We encourage independent thinking and reward initiative, while providing services to help employees grow professionally. Our global business platform and brand reputation provide an unparalleled launch pad for growing your career.