A Director of Compensation oversees the administration, and execution of compensation programs within the organization. This role plays a critical part in ensuring that internal compensation practices are fair, competitive, and aligned with the company’s broader business objectives. You will be responsible for Compensation Plan Management, Job Evaluation, Market Analysis, and Compliance and Governance

Responsibilities:

• Assist with the design and implementation of compensation strategies that align with the company’s business goals and overall HR strategy.
• Ensure that compensation programs are competitive within the industry and meet the needs of the organization and its employees.
• Oversee the administration of salary structures, incentive plans, bonuses, and merit increases.
• Ensure the integrity and accuracy of compensation data across internal systems.
• Conduct job evaluations and market benchmarking to ensure roles are appropriately classified and compensated.
• Partner with external compensation survey providers to gather market data and assess the competitiveness of internal compensation programs.
• Ensure compliance with all relevant compensation regulations, including FLSA, pay equity laws, and other regional or global requirements.
• Provide oversight on internal pay equity analyses and ensure adherence to governance processes.
• Collaborate with HR and leadership teams to ensure performance management and rewards programs are effectively linked to compensation structures.
• Align compensation with employee performance, career progression, and overall organizational goals.
• Work closely with leadership, HR, and finance to manage compensation budgets and strategic planning.
• Train HR teams and managers on compensation philosophy, practices, and related processes.
• Monitor and evaluate the effectiveness of existing compensation programs, recommending changes or enhancements as necessary to support talent retention and recruitment.
• Foster collaboration with other departments, including HR, finance, and legal teams.

Requirements:

• Degree in a relevant field such as Human Resources, Business Administration, Finance, Economics, or a related discipline is usually required.
• Compensation Strategy Development experience
• Global/International Compensation Expertise
• Data Analysis and Financial Acumen
• Leadership and Collaboration
• Compliance and Regulatory Knowledge
• Strong communication skills and Stakeholder Management

Certifications nice to have

• Certified Compensation Professional (CCP)

• Global Remuneration Professional (GRP):

• SHRM-SCP (Senior Certified Professional) or HRCI-SPHR (Senior Professional in Human Resources)

About FNZ:

FNZ is a global FinTech firm, transforming the way financial institutions serve their wealth management customers.  It partners with banks, insurers and asset managers to help consumers better achieve their financial goals.  FNZ's technology, transaction and custody services enable their clients to provide best-in-class wealth management solutions to financial advisers, end-investors and the workplace that are efficient, flexible, transparent and scalable, supporting market, demographic and regulatory trends worldwide. 

Today, FNZ is responsible for over £400 billion in assets under administration (AuA) held by around 7 million customers of some of the world’s largest financial institutions, including Standard Aberdeen, Barclays, Lloyds Banking Group, Vanguard, Generali, Quilter, Santander, Aviva, Zurich, UOB, UBS, Findex and BNZ.  In total, FNZ partners with over 60 financial institutions globally and employs over 2,000 in London, Edinburgh, Bristol, Basingstoke, Sydney, Melbourne, Wellington, Hong Kong, Singapore, Shanghai and Brno.

About FNZ

FNZ is committed to opening up wealth so that everyone, everywhere can invest in their future on their terms. We know the foundation to do that already exists in the wealth management industry, but complexity holds firms back. 

We created wealth’s growth platform to help. We provide a global, end-to-end wealth management platform that integrates modern technology with business and investment operations. All in a regulated financial institution. 

We partner with over 650 financial institutions and 12,000 wealth managers, with US$1.5 trillion in assets under administration (AUA).

Together with our customers, we help over 20 million people from all wealth segments to invest in their future.