Principal, Global Compensation

Wellington Management Company LLP; United States; Hybrid; USD 180,000 - 240,000; Full time

Benefits offered by this job

Hybrid work model

Remote work flexibility

Job summary

Wellington Management seeks a senior subject matter expert in Compensation to provide strategic guidance to HR partners and leaders. Based in London with global ties to Boston, you will design market-aligned reward solutions and support compensation cycles across regions.

Strong consulting mindset, data analytics, and cross-cultural collaboration are essential. You will partner with the Global Compensation team to administer base pay and bonuses, oversee compliance, and lead complex compensation

Qualifications

• Bachelor's degree required.
• Extensive experience in compensation within global organizations.
• Strong analytical and communication skills with cross-cultural awareness.

Responsibilities

• Serve as the primary contact for compensation matters for assigned business groups.
• Provide market insights and impact on region and business areas.
• Oversee EMEA compensation compliance and regulatory requirements.
• Perform market benchmarking and present findings to keep pay competitive.
• Advise on compensation for new hires with supporting analyses.
• Collaborate with Global Compensation to manage base pay and bonuses.
• Lead ad hoc compensation projects and develop new structures.
• Develop procedures, analytics, and reporting for Compensation Committees.

Skills

Compensation strategy

Global compensation

Stakeholder management

Analytical skills

Project management

Cross-cultural awareness

Confidentiality

Communication skills

Education

Bachelor's degree

Job description

This role serves as a senior subject matter expert in Compensation, providing strategic consultation and trusted advice to Human Resources business partners and senior business leaders on compensation matters. With high visibility across the firm, the role requires a strong consulting mindset and close partnership with HR to support and influence a broad range of people-related initiatives. The position provides dedicated compensation support for one or more business areas, partnering with leaders to design and deliver competitive, market-aligned reward solutions. Based in London, this role works closely with the Global Compensation team in Boston to develop and execute regional strategies that align with global Total Rewards priorities. In particular, the role will have the following responsibilities:

• Serve as the primary point of contact for business leaders and HR partners on compensation matters for assigned business groups.
• Proactively provide insights into market trends and their impact on the region and supported business areas.
• Oversee EMEA compensation compliance processes and act as the subject matter expert on regional regulatory requirements.
• Conduct market benchmarking and competitive analyses; share findings internally to ensure compensation structures and pay levels remain competitive and support attraction and retention.
• Advise on compensation levels for new hires, including conducting and presenting supporting analysis.
• Partner with the Global Compensation team to design, manage, and administer base pay and corporate bonus programs, including support for the annual compensation review cycle.
• Lead and support ad hoc compensation projects, such as deep-dive analyses or the development of compensation structures for new roles or business areas.
• Collaborate with cross-functional partners to develop compensation procedures, analytics, and reporting, including preparation of materials for Compensation Committees.
• Participate in industry forums and networks to stay current on market trends, practices, and costs, and help ensure firm policies remain aligned with external developments, We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.
  10+ years of experience working in a global organization within the field of Total Reward.
• Extensive knowledge and experience of managing pay and bonus programs, preferably within the global financial services sectors.
• Exceptional analytical skills, comfortable working with large amounts of data and communicating data findings.
• Customer service orientation with a demonstrated desire to exceed expectations - ability to serve multiple customers (employees, managers, HR) even in situations of conflicting interests between groups.
• Excellent written and verbal communications skills are required - to interface with all levels of the organization, influence decision makers, set and manage expectations, and translate data findings into clear and concise documents and presentations.
• Strong cross-cultural awareness, sensitivity, and high level of confidentiality.
• Ability to exercise problem solving skills and independent judgement using analytical and consulting skills.
• Solid project management skills - e.g., develop project plans, scope and ensure execution and delivery.
• Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader picture.
• Ability to work independently as well as in a team environment.
• Bachelor's degree required.
  Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.