MANAGING DIRECTOR, SLC COMPENSATION - SLC MANAGEMENT
Company: Sun Life Financial
Location: Wellesley
Posted on: September 28, 2024
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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
Keywords: Sun Life Financial, Boston , MANAGING DIRECTOR, SLC COMPENSATION - SLC MANAGEMENT, Human Resources , Wellesley, Massachusetts
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