The Global Compensation Consultant leads the design, implementation, and execution of innovative and competitive compensation strategies for the Wealth Management and Asset Management business
Job Summary
The Global Compensation Consultant leads the design, implementation, and execution of innovative and competitive compensation strategies for the Wealth Management and Asset Management business.
Northern Trust offers a comprehensive benefits package including retirement, health and welfare benefits, paid time off, and a discretionary bonus program that may include equity components.
The company promotes a flexible and collaborative work culture with a balanced hybrid working model and encourages movement within the organization.
Matching Summary
The Global Compensation Consultant leads the design, implementation, and execution of innovative and competitive compensation strategies for the Wealth Management and Asset Management business.
Salary
Base: $225,000 - $275,000; Bonus/Equity: Discretionary bonus program may include equity; Benefits: Comprehensive benefits including retirement, health, paid time off, and insurance
Skills & Requirements
Must-have
Compensation program design and execution
Wealth Management and Asset Management expertise
Sales compensation plans
Market pricing and benchmarking
Compensation analytics and data insights
Regulatory compliance in compensation
Collaboration with HR and business leaders
Nice-to-have
Change management skills
Project management experience
Presentation and communication skills
Consultative and influencing abilities
Hybrid working model
Cross-functional collaboration
Key Requirements
10+ years compensation experience
Experience in financial services WM/AM
Proficiency in sales plans and incentive compensation