Who we are looking for
With immediate effect, we are looking for an experienced Compensation Consultant to lead our APAC Compensation team. The role will be based in India and report into the International Head of Compensation who is based in Australia.
The Compensation team is focused on the design, implementation and management of employee compensation plans, with the goal of creating incentives to drive employee engagement and appropriate behaviors. The team also advises on the regulatory and governance-related compensation requirements, to ensure compliance with local, regional and global regulatory frameworks. In addition to day-to-day management of key deliverables, such as supporting compensation decisions and the annual compensation review cycle, the team supports a varied portfolio of projects, partnering as a virtual team with colleagues across the globe.
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Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
What you will be responsible for
As the Head of APAC Compensation you will
- Manage the APAC Compensation team
- Support regional compensation workflows and day-to-day management of key Global Total Rewards (GTR) deliverables including the annual compensation review (Total Compensation Planning or "TCP")
- Act as a Subject Matter Expert for compensation support for a number of countries within APAC
- Pro-actively identify areas for process improvement
- Provide support on various aspects of APAC remuneration regulation
- Focus on Risk Excellence and support the proactive and effective management of remuneration risk by the first line of defense
- Lead or support ad-hoc projects and provide support to the wider International and Global Compensation teams, as required
- Focus on client service delivery and relationship management
What we value
These skills will help you succeed in this role
- Excellent time management and organizational skills; ability to work independently
- Strong communication skills and ability to influence at all levels
- Proactive and highly motivated team-player with strong analytical skills
- Commercial thinker and strong multi-tasker
Education & Preferred Qualifications
- Successfully completed Bachelor's and/ or Master's degree or comparable education
- Track record in Compensation within a fast-paced, international, financial services or consultancy organization
- Effective written and verbal communication skills
- Excellent analytical, problem solving skills and project management skills
- Experience of stakeholder management
- Knowledge of external market and trends
- Proficient knowledge of Excel and PowerPoint
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we're making our mark on the financial services industry. For more than two centuries, we've been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You'll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees' diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
Discover more at StateStreet.com/careers