Global Head of Compensation Strategy & Programs

cmegroup

Chicago (IL)

On-site

USD 195,000 - 326,000

Full time

3 days ago

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Benefits offered by this job

Comprehensive health coverage

401(k) retirement plan

Education reimbursement

Paid time off

Mental health benefits

Job summary

CME Group in Chicago seeks an experienced Executive Director, Compensation to lead our global compensation function, shaping base pay, annual bonus and equity programs. You will partner with HR and senior leadership to design a competitive, performance-based rewards framework and manage a team of compensation professionals.

The role includes strategy, governance, analytics, and collaboration with the Compensation Committee to ensure compliance across regions.

Qualifications

10+ years of progressive compensation experience in a global organization, including executive compensation at a U.S. public company.
Advanced proficiency in compensation analytics (Google Sheets / Microsoft Excel).
Experience with market pricing software (Payfactors), HRMS (Workday) and compensation planning software (Peoplefluent).
Bachelor's degree in a related field.

Responsibilities

Designs and implements competitive pay strategies aligned with organizational goals, drives pay-for-performance culture and fosters a global workforce.
Directs administration of compensation programs, policies and processes; oversees base pay, bonus and equity award planning.
Provides advisory guidance on pay practices to leadership, HR partners and recruiters; communicates pay decisions to candidates as needed.
Manages compensation team, vendor relationships and data providers; translates data into actionable recommendations.