Human Resources Compensation Manager
U.S. Bank
- Dublin
- Permanent
- Full-time
- Lead the Europe corporate and sales compensation teams to drive synergies, create good governance and controls and deliver top class service to internal clients whilst working closely with the global U.S. Compensation Team to exchange knowledge and deliver global and local initiatives.
- Provide compensation-related guidance to internal colleagues and act as a point of contact for compensation escalations ensuring that escalations are handled in a timely and efficient manner.
- Proactively identify and interpret compensation trends, understand the businesses you support and offer guidance and advice that produces actionable insights.
- Understand the European business model and strategy to be able to design and deliver incentive plans that are regulatory compliant and help support business growth in the right way, whilst remaining customer focused.
- Help lead and manage the regional annual compensation performance year-end process including providing support to HR, the business and senior management through engagement and reporting.
- Oversee and support the analysis, market assessment, design and delivery of senior management and material risk taker compensation inclusive of Directors of the Board.
- Develop/enhance regional compensation KPIs and track progress against these.
- Partner with finance to ensure that the annual compensation expense remains within plan and annual forecasting incorporates compensation planning. Work will also involve working with finance on financial regulatory reports (FINREP) and the annual financial statements, as applicable.
- Partner with the Europe HR Regulatory and Risk team to manage the MRT identification process and produce and deliver complete and accurate regulatory reports and disclosures and ensure compliance with applicable laws and regulatory requirements.
- Collaborate and build relationships with industry experts and consultants to advance our understanding of current industry trends and demand.Maintain an effective knowledge of remuneration regulations in order to respond to complex employee or regulatory requests ensuring compliance with government and regulatory agencies
- Drive for Results: Pursues goals with energy and perseverance; rarely gives up before succeeding; works to overcome barriers and challenges to produce desired results; can be counted on to achieve or surpass goals; consistently a top performer among peer group; Hold self and others accountable to consistently achieve meaningful results.
- Collaboration: Develops good working relationships with others; recognizes and values differences; encourages an inclusive collaborative environment and open dialogue; puts team’s goals ahead of personal agendas; shares information openly and transparently; openly supports team members and their efforts.
- Agility & Innovation: Demonstrate flexibility in dealing with fast-changing priorities, and different or challenging situations. Help others to continuously improve and achieve results. Explore multiple solutions to overcome obstacles. Anticipate future needs that may affect the team or the bank.
- Risk Management: Appropriately identify and manage risks, in compliance with applicable laws, rules and regulations, and with bank policies.
- Ethics & Trust: Maintain high ethical standards; gain the confidence and trust of others through honesty, integrity and authenticity. Conducts themselves honestly and ethically; adheres to a core set of values and standards appropriate to the situation and acts; accordingly, is consistent in own words and actions; inspires trust and respect by dealing openly with people; keeps confidences and admits mistakes.
- Leadership: Management and leadership skills, with the ability to adapt and make things happen.
- Demonstrable proven success in the design, operation and management sales incentive plans.
- Significant experience in compensation management, preferably within the financial services sector.
- Practical knowledge and understanding of key European compensation legal and regulatory topics applicable to credit institutions and investment firms.
- Experience in developing, implementing, and managing risk and compliance associated with frameworks, policies, and procedures.
- Proven track record of designing communications to senior executives and broader employee communications.
- Demonstrable experience of interaction, influencing and reaching agreed upon solutions at a management and executive levels.
- Proven track record of working independently on their own initiative and delivering practical outcomes to a professional standard.
- Proven to be resilient and able to handle multiple priorities, meeting deadlines whilst maintaining high work standards, with impeccable attention to detail in performance of all tasks.
- Experience in managing different stakeholders including second and third lines of defense.
- Collaborative in approach with strong emphasis on delivery and execution.
- Proven analytical skills.
- Intermediate computer skills are needed; including experience with Microsoft Office applications.
- Generally, the role requires a degree or equivalent but candidates with exceptional experience without a qualification to degree level will be considered.