Vice President, Senior Consultant Compensation

BNY Mellon Capital Markets, LLC; New York (NY); Hybrid; USD 83,000 - 175,000; Full time

Job summary

A leading global financial services company is looking for a Vice President, Senior Consultant Compensation to join their People Team in New York. This hybrid role focuses on compensation program implementation and market strategy, requiring strong knowledge of HR practices and compensation systems. Ideal candidates will have a bachelor's degree and extensive experience in compensation analytics, making substantial impact on the organization’s HR strategy.

Qualifications

• 7-10 years of total work experience preferred.
• Demonstrated knowledge of technical and legal aspects of compensation.
• Must have technical mastery of applications such as Excel, Access.

Responsibilities

• Implements pay programs to support business areas with HRBP and LOB management.
• Provides strategic advice on compensation matters including job architecture.
• Manages small-to-medium scale compensation projects globally.

Skills

Compensation Strategy

Market Analysis

Job Architecture

Project Management

HR Consulting

Education

Bachelor's degree

Advanced/Graduate degree

Tools

Excel

HR Systems

Job description

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Job Description

Vice President, Senior Consultant Compensation

At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world’s financial system we touch nearly 20% of the world’s investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.

We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what is all about.

We’re seeking a future team member for the role of Vice President, Senior Consultant Compensation to join our People Team. This role is located in New York, NY – HYBRID (4 days in office).

In this role, you’ll make an impact in the following ways:

• Implements and executes pay programs to support the assigned business area(s) working with Human Resources Business Partners (HRBPs) and Line of Business (LOB) Management.
• Develops new pay programs when called for to achieve business objectives while balancing corporate interests.
• Compensation issues include salary administration, market analyses, and incentive plan design.
• Provides the business with compensation program strategic advice and counsel on matters including job architecture, market analysis and incentive pay. Interprets corporate compensation strategy for the assigned business area(s).
• Reviews and interprets market research and analyses to inform solutions and recommendations related to, but not limited to, total compensation issue/packages and structuring new hire offer packages.
• Manages and executes small-to-medium scale technical compensation projects/initiatives that are cross functional and global in nature.
• Examples include designing year-end pay review process improvement recommendations to increase efficiencies and accuracy. Builds relationships with HR Business Partners and Business Managers.
• Provides advice and guidance to on all compensation matters.
• Coordinates with HR Operations and Finance on a variety of compensation-related matters.
  
  

To be successful in this role, we’re seeking the following:

• Bachelor‘s degree or the equivalent combination of education and experience is required.
• Advanced/graduate degree preferred.
• 7-10 years of total work experience preferred.
• Demonstrated knowledge of technical and legal aspects of compensation and HR preferred.
• Must have technical mastery of applications such as Excel, Access, HR systems, etc..
  
  

At BNY, our culture speaks for itself. Here’s a few of our awards:

• America’s Most Innovative Companies, Fortune, 2024
• World’s Most Admired Companies, Fortune 2024
• Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
• Best Places to Work for Disability Inclusion , Disability: IN – 100% score, 2023-2024
• “Most Just Companies”, Just Capital and CNBC, 2024
• Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
• Bloomberg’s Gender Equality Index (GEI), 2023
  
  

Our Benefits And Rewards

BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.

BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $83,000 and $175,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.

This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Human Resources

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