Strategic Compensation Partner: Influence Leadership Pay

001 The Northern Trust Company; Chicago (IL); On-site; USD 137,000 - 240,000; Full time

Benefits offered by this job

Discretionary bonus program

Retirement benefits (401k and pension)

Job summary

Northern Trust seeks an experienced Compensation Business Partner to advise senior leaders on compensation strategy, governance, and market-informed decisions. You will partner with HR to translate philosophy into practical pay decisions and lead data-driven analyses that support talent strategy across the organization.

The role emphasizes stakeholder management, executive communication, and delivering market-aligned recommendations, with a focus on governance and equity across enterprise

Qualifications

• Bachelor's degree in Human Resources, Finance, Business, or a related field; CCP certification or advanced degree preferred.
• Experience as compensation professional with client-facing responsibilities is required.
• Strong communication skills with senior leaders and HR partners.

Responsibilities

• Serve as a strategic compensation advisor to business leaders and HR partners.
• Guide critical pay decisions and incentive programs with governance in mind.
• Conduct market pricing, job evaluations, and pay equity analyses to shape recommendations.
• Translate compensation philosophy into practical business outcomes for leadership.

Skills

Compensation governance

Data analysis

Executive communication

Stakeholder management

Excel

Workday

Education

Bachelor's degree in HR/Finance/Business

Tools

Workday

Job description

Northern Trust seeks an experienced Compensation Business Partner to advise senior leaders on compensation strategy, governance, and market-informed decisions. You will partner with HR to translate philosophy into practical pay decisions and lead data-driven analyses that support talent strategy across the organization.

The role emphasizes stakeholder management, executive communication, and delivering market-aligned recommendations, with a focus on governance and equity across enterprise