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Head of Compensation and Account Manager, Asset Management

Company: Fidelity Investments
Location: Boston
Posted on: September 20, 2023

Job Description:

Job Description:The RoleAs the Asset Management (AM) Head of Compensation and Account Manager, you will be a member of the AMHR Leadership Team and the overall Fidelity Compensation Leadership team.\u00A0 You will be responsible for evolving and enhancing the AM and overall Fidelity compensation strategy.\u00A0 You will ensure the Fidelity compensation philosophy is translated to the AM organization and develop business unit specific strategies to attract, retain, and reward our employees.\u00A0 You will be expected to:

  • Provide subject matter expertise for the Compensation and HR Business Partner team ensuring the capabilities and resources are in place to deliver data driven solutions.
  • Be accountable for demonstrating a deep understanding of business requirements, looking across the business units/segments and functions to ensure that all programs are aligned with the rewards strategy.
  • Lead AM specific compensation initiatives and programs, working in partnership with the HR team to design, deliver and advise on solutions that meet the needs of the Asset Management business groups.The Head of Compensation will lead the compensation team and work directly with HR partners and senior leaders to provide the consulting and leadership to effectively develop and manage compensation programs and solutions in support of overall business objectives.
    The Expertise You Have
    • 10+ years of experience; executive compensation strategy and design experience required, experience in Asset Management, Private Equity and/or Venture Investing preferred
    • Strong business acumen and the ability to understand business strategies, objectives, and key performance metrics applicable in the investment area.
    • Proven management experience with successful history navigating large, matrixed organizationsThe Skills You Bring
      • You are a strategic thinker with excellent relationship management, consulting and influencing skills who can create as well as execute
      • You can effectively manage large programs, projects, and teams with demonstrated planning discipline and structure
      • You have designed, developed, and managed a variety of compensation programs and processes including base salary, variable pay programs, and competitive pay analyses with a focus in Investment Management, preferably with a knowledge of a variety of asset classes
      • You have deep analytical skills with an ability to break down complex questions and data into well-structured analyses, and synthesize key points
      • You are passionate about building consultative partnerships with HR, Finance, and senior business leaders and are a strong collaborator that can work effectively across a large organization
      • You demonstrate excellent communication skills with the ability to interact with all levels of the organization both verbally and in writing related to sensitive and confidential information in a professional manner
      • You enjoy developing and managing a team of associates\u00A0The Value You Deliver
        • Forward Looking Creative Thinking: You will bring creativity to thinking about new ways of aligning our pay programs to the changing workplace, driving work related to our compensation strategy and initiatives, answering questions like: Are we effectively leveraging variable comp programs and managing base pay? Do we have the right pay mix? What considerations impact pay programs in future years?
        • Team Leadership /Client Support/Relationship Management: Provide leadership, consultation, coaching and advice to the Comp team, Line HR, and senior business leaders on complex issues. Conducting analyses to address compensation issues, projects, or initiatives.
        • Compensation & Workforce Analytics: Work closely with Workforce Analytics team and HR partners define the analytical tools to drive more effective comp analysis and decision making for leaders in support business plans and practices.
        • Program Strategy & Design: Lead the compensation team to partner with Finance/ Investment Performance and Workforce Analytics teams to assess and redesign compensation plans as needed to support business initiatives and adhere to plan governance. Represent the voice of the customer in the design of enterprise-wide pay programs.
        • Functional Partner / Representation of Asset Management: You will be an active contributor to compensation functional efforts and objectives. You will provide an Asset Management perspective as you work with other Comp and HR Teams across the enterprise to continuously develop, improve, and deliver our compensation strategies and resources.The TeamThe AM Human Resources team consists of associates who work in line HR, training, operations, compensation, and workforce analytics. We act as a key business partner to our colleagues within the business units to develop and implement HR and learning programs and strategies. We also partner closely with enterprise HR teams to deploy and support central programs and initiatives.Certifications:Company OverviewFidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.Join UsAt Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a , we have been recognized by our employees as a Best Place to Work in 2022. And you don't need a finance background to succeed at Fidelity-we offer a range of opportunities for learning so you can build the career you've always imagined.Many of our associates are continuing to work remotely temporarily due to COVID-19. When Fidelity employees eventually return to the office, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we're calling \u0022.\u0022We invite you to Find Your Fidelity at .Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Leave of Absence/Accommodation Team by sending an email to--, or by calling 800-835-5099, prompt 2, option 3.

Keywords: Fidelity Investments, Boston , Head of Compensation and Account Manager, Asset Management, Executive , Boston, Massachusetts

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