Compensation Consultant

Posted 17 Days Ago
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Malvern, PA
Senior level
Fintech
The Role
As a Compensation Consultant, you will advise senior management on compensation strategies, ensuring alignment with organizational goals. Responsibilities include overseeing HRIS data, job evaluations, pay analyses, and coaching junior analysts. You'll engage in year-end compensation planning and ensure compliance with regulations.
Summary Generated by Built In

Vanguard's Total Rewards has an opening for a Compensation Consultant to join this dynamic team of professionals. In this role, you will independently provide compensation consultation to your assigned divisions to influence pay decisions aligned with Vanguard's pay for performance philosophy. You will enable compensation pay strategies, while focusing on core offers including year-end compensation planning, benchmarking, pay analyses and offer development.

Responsibilities

  • Acts as a lead compensation expert to advise divisional senior management on aligning the pay programs, policies and procedures with organizational goals. Implements creative solutions to specific compensation-related programs.
  • Ensures the effectiveness of existing compensation practices and regulations compliance, recommending timely revisions when needed, and keeping senior managers informed of any updated policies.
  • Oversees the data within the HRIS to ensure the accuracy of compensation information including merit and incentive calculations, approvals for award payments, and payment records.
  • Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay strategies and implementation based on findings. Owns market competitive benchmarking for defined business area and its application to compensation practices and strategies.
  • Coaches and contributes to the development of compensation analysts and consultants.
  • Participates in special projects and performs other duties as assigned.

The ideal candidate will possess the following experience and skills:

  • Six years of related experience is preferred with demonstrated experience in a consultative capacity.
  • Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
  • Advanced analytics excel capabilities is a must.
  • Ability to summarize complex concepts with clear and succinct writing and/or data visualization.
  • Adaptability to navigate ambiguous problems and drive toward recommended solutions in a collaborative environment.
  • Strong stakeholder management and frequent collaboration to execute flawlessly.
  • Progress toward CCP preferred.

Special Factors

Sponsorship

Vanguard is not offering visa sponsorship for this position.

About Vanguard

At Vanguard, we don't just have a mission—we're on a mission.

To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.

Our commitment to diversity, equity, and inclusion

Vanguard’s commitment to diversity, equity, and inclusion (DEI) is central to our ability to deliver on our mission. We aspire to create a work environment that is inclusive, equitable, and diverse—one that enables our employees, whom we call crew, to thrive and bring their best selves to work every day on behalf of our clients.

Cultivating DEI lifts our entire organization, and everyone shares accountability for our progress—from our senior leaders who lay the foundation and set the example for inclusive behaviors to crew who are growing in their personal DEI learning experiences.

Together, we’re on a mission. We are fueled by the value of diverse voices and connected through friendships and a culture of care—for our clients, our communities, and each other.    

Vanguard’s DEI journey has no finish line. Our commitment is enduring, and we remain focused on the path ahead. To learn more about Vanguard goals and progress toward DEI, download our Diversity, Equity, and Inclusion Report.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

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The Company
Charlotte, NC
20,252 Employees
On-site Workplace
Year Founded: 1975

What We Do

We are a community of 30 million who think – and feel – differently about investing. Together, we’re changing the way the world invests.

Since our founding in 1975, helping our investors achieve their goals is our sole reason for existence. With no other parties to answer to and therefore no conflicting loyalties, we make every decision—like keeping investing costs as low as possible—with only your needs in mind.

Vanguard is one of the world's largest investment companies, offering a large selection of high-quality low-cost mutual funds, ETFs, advice, and related services. Individual and institutional investors, financial professionals, and plan sponsors can benefit from the size, stability, and experience Vanguard offers. As of April 30, 2019, we managed more than $5.6 trillion in global assets. In addition, we have 189 funds in the United States and 225 funds in global markets.

For Commenting Guidelines & Important information, visit here: http://vanguard.com/linkedin
Vanguard Marketing Corporation, Distributor.

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