Compensation Consultant at PIMCO overseeing compensation strategy and programs across multiple business lines. Collaborating with cross-functional teams to ensure compliance and competitiveness in compensation practices.
Responsibilities
Become a subject matter expert in compensation-related HR processes, leveraging knowledge and data to analyze trends, enhance process efficiencies, and drive informed improvements
Provide data analysis and consultative support for the design and implementation of compensation programs that are corporately aligned, locally relevant, and compliant with applicable regulations
Support the management of PIMCO's compensation strategy to align with global objectives, motivate performance, and attract and retain high-performing talent while ensuring fiscal responsibility
Execute core corporate compensation processes, including job architecture, compensation structure design and maintenance, merit and incentive planning, market analysis, strategic hire offers, and governance of variable pay programs
Contribute to cyclical exercises such as job matching for market data, monthly budget vs. forecast reporting, and the annual pay review process
Partner with Business Leaders to manage compensation expenses in alignment with their people strategy
Propose compensation packages for new hires and assist Business Leaders with year-end compensation decisions
Support communication and education programs related to compensation to enhance employee understanding
Analyze and provide recommendations to resolve compensation-related issues
Monitor local market trends to ensure compensation programs remain competitive and responsive to corporate and local business needs
Stay updated on compensation trends and assess the effectiveness of existing policies, recommending revisions to support strategic objectives and evolving external requirements
Provide process management and actionable analytics for core compensation processes
Maintain and support internal compensation-related tools
Actively participate in enhancing the year-end compensation system, ensuring accurate information maintenance and auditing during the year-end review process
Requirements
Bachelor’s Degree in Business Administration, Finance, Human Resources, or a related field
2-5+ years of experience in Compensation, HRIS, HR Analytics, Finance and related roles, preferably in the Financial Services or Asset Management/Investment Management industry
At least one year of experience managing or supporting a year-end compensation process is highly desirable
Intermediate to advanced Excel skills required
Strong analytical and process execution skills
Experience facilitating change in a dynamic, multi-business, global environment
Experience with Workday, Power BI, and/or Decusoft preferred
Benefits
Total compensation approach including base salary and discretionary bonus
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