MANAGING DIRECTOR, SLC COMPENSATION - SLC MANAGEMENT

Company: Sun Life Financial
Location: Wellesley
Posted on: November 20, 2024

Job Description:

Managing Director, SLC Compensation - SLC Management
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Managing Director, SLC Compensation - SLC ManagementLocations: Wellesley Hills, Massachusetts; Toronto, Ontario; SLC Management New YorkTime Type: Full timePosted on: Posted 2 Days AgoJob Requisition ID: JR00100484SLC Management is a growing global asset management firm providing innovative and diversified investment solutions to institutional investors. We are breaking new ground with a full spectrum of solutions for a growing institutional client base of more than 1300 organizations. Our history of organic and strategic growth reflects this commitment with over CA$374/US$283 billion in assets under management (AUM). As a subsidiary of Sun Life, we are aligned with one of the world's leading financial services companies, and benefit from the stability and strength of that relationship.We are a performance-driven organization with a deliberate focus on fostering a development-focused, inclusive culture revolving around our Core Values of being client obsessed, valuing each other, acting with speed, and having an owner's mindset. As part of our team, you play a role in fulfilling our purpose and making a difference. We offer a rewarding work environment that is filled with opportunity for growth where you will be empowered to meet the challenges of a highly competitive landscape.SLC Management offers a mix of in-office and virtual work where our employees are empowered to do their best. Generally, employees are expected to work three or more days in-office each week with flexibility depending on their business, client, and team needs.Job Description:Managing Director, SLC CompensationThe Managing Director Compensation is responsible for developing and managing compensation programs that support the business objectives of line of business compensation within SLC.Reporting to the SMD Total Rewards, you will lead a small but mighty team that partners with business and HR Leaders, and leverages data and analytics, to design, implement, and manage compensation strategies and programs that produce measurable outcomes. Deliver a modern, compelling, and integrated compensation plan that drives performance and rewards long-term value creation.In this key leadership role, you will play a pivotal role in shaping our company's compensation philosophy and programs to drive employee engagement, performance, and retention.What you will do:

• Oversee and deliver the work of the compensation function for SLC's line of business such as the annual compensation cycle, market benchmarking, salary and incentive structure design, compensation recommendations, job evaluation, ensuring appropriate governance and compliance with legislation.
• Champion SLC's compensation philosophy and partner across HR and the business to ensure compensation programs are designed and delivered in alignment with business and HR objectives.
• Contribute as a senior Total Rewards leader and member of SLC HR Leadership Team in shaping and delivering strategies, promoting employee-orientation and integration in delivery of all total rewards work, and finding and developing talent for the future.
• Build strong relationships with HR Business Partners, Business Leaders, and Cross Functional teams. Provide consultation and partnership to understand their strategic priorities and business objectives; leverage this insight to develop and transform compensation programs to support our overall business objectives.
• Develop compensation financial and data models and tools to provide a platform for decision-making on a variety of business issues including headcount growth and staffing.
• Work collaboratively with HR and Communications teams to develop and implement effective communication and change management plans to enhance the employee experience and perceived value of our programs.
• Monitor external developments and trends impacting employee reward programs and proactively identify strategies and tactics to respond.What you will need to succeed:
  • Bachelor's Degree or equivalent work experience.
  • 10+ years of experience and a university education in Business, Human Resources, or a related field. An MBA or MIR is an asset.
  • Possesses a growth mindset with a willingness to challenge the status quo, try new things, test & learn, and empower others to do the same.
  • Ground decisions in facts, leverage data to generate new insights and opportunities, and clearly define and measure business outcomes.
  • Broad and deep expertise in designing, implementing, and managing compensation strategies and programs.
  • Focus on developing people through coaching, continuous feedback, career development, and performance management.
  • Strong leadership skills, able to adapt to changing priorities and engage and develop a team to deliver on key objectives.
  • Highly collaborative team-player, experienced in managing complexity and interacting with colleagues within the HR function.
  • Highly organized and able to manage multiple priorities and deadlines effectively.For roles based in NY, the salary range for this position is $185.9k - $278.9K.We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.Why SLC Management?
    • Opportunity to work for a growing global institutional asset manager.
    • Excellent benefits and wellness programs to support your well-being.
    • Retirement and Stock Purchase programs to help build and enhance your future financial security.
    • A flexible work environment with a friendly, caring, collaborative, and inclusive culture.
    • Award-winning workplace culture.SLC Management is a regulated business, and this means that there are certain financial reporting and trading preclearance requirements for all employees. Successful candidates will be required to declare personal investment accounts and securities investments as well as seek preclearance on future transactions including those of household members.Job Category: Human ResourcesWe are committed to fostering a diverse, equitable, and inclusive environment, where all employees feel valued, respected, and supported. We encourage applications from qualified individuals from all backgrounds even if they don't meet every criteria in the job description.We will make reasonable accommodations to known physical or mental limitations. Persons with disabilities who need accommodation in the application process may e-mail a request.We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.
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Keywords: Sun Life Financial, Chelsea , MANAGING DIRECTOR, SLC COMPENSATION - SLC MANAGEMENT, Human Resources , Wellesley, Massachusetts