MANAGING DIRECTOR, SLC COMPENSATION - SLC MANAGEMENT

Company: Sun Life Financial
Location: Wellesley
Posted on: October 27, 2024

Job Description:

SLC 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.Visit our website to learn more and for the most up to date AUM information.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 CompensationWhat is in it for you:The Managing Director Compensation 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 plans that drive performance and reward 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:Oversees and delivers the work of the compensation function for the 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.Champions SLC's compensation philosophy and partners across HR and the business to ensure compensation programs are designed and delivered in alignment with business and HR objectives. -Contributes 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.Builds strong relationships with HR Business Partners, Business Leaders and Cross Functional teams. - Provides 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.Works 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. May include conducting market research, internal analysis, establishing design principles, building design alternatives, outlining implications through modeling, determining employee and cost impacts, and creating communication and transition plans.Monitors external developments and trends impacting employee reward programs and proactively identifies strategies and tactics to respond.What you will need to succeed:Bachelor's Degree or equivalent work experience10+ 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 willingness to challenge the status quo, try new things, test & learn and empower others to do the same, innovates and finds new solutions that solve business problems or create business opportunities.Grounds decisions in facts, leverages data to generate new insights and opportunities, clearly defines and measures business outcomes to identify course corrections and measure success. - Informs strategies and decisions through knowledge of current external research and trends.Broad and deep expertise in designing, implementing, and managing compensation strategies and programs. - Experience with asset management compensation and M&A due diligence and\or integration work is a significant asset. - Broader experience in total rewards is beneficial, though not required.Focuses on developing people through coaching, continuous feedback, career development, and performance management. -Builds the team and pipeline for future success.Strong leadership skills, able to adapt to changing priorities and engage and develop a team to deliver on key objectives.Action-oriented, focused on execution, improving our employees' experience through continuous improvement, and operational excellence.Highly collaborative team-player, experienced in managing complexity and interacting with colleagues within the HR function, outside vendors, and brokers/consultants.Highly organized and able to manage multiple priorities and deadlines effectivelyFor 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 managerExcellent benefits and wellness programs to support the three pillars of your well-being - mental, physical and financial - including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and moreRetirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement accountA flexible work environment with a friendly, caring, collaborative and inclusive culture focused on career growth development #WeWinAsATeamThe opportunity to move along a variety of career paths with amazing networking potentialAward winning workplace culture - Great Place to Work Certified in Canada and the U.S., "Best Places to Work in Money Management" by Pension & Investments, "Top 10" employer by the Boston Globe's "Top Places to Work" two years runningSLC 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 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.We are committed to fostering a diverse, equitable and inclusive environment, where all employees feel valued, respected, and supported. - We are dedicated to building a diverse workforce offering wide perspectives and creative ideas that benefit our clients, teams and the communities where we operate. Research shows that women and underrepresented groups tend to apply only if they meet 100% of the criteria. 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 or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com.We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.For applicants residing in California, please read our employeeCalifornia Privacy Policy and Notice. SummaryLocation: Wellesley Hills, Massachusetts; Toronto, Ontario; SLC Management New YorkType: Full time

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