Compensation Analyst, Sr. Associate

State Street•Boston, MA

7d•Hybrid

About The Position

You will join a dynamic and highly collaborative team of seasoned financial services compensation professionals within Global Total Rewards (GTR). In this role, you will support multiple complex business units through compensation analysis, benchmarking, consulting, and day-to-day advisory support, while helping deliver data-driven recommendations to senior leaders. This role will help define technology-driven processes to improve team efficiency. You will be expected to bring a creative and forward-thinking mindset to analysis, problem-solving, and process improvement. This full-time role will be based in Boston and operates in a hybrid model, requiring a minimum of four days per week in the office. Recent college graduates with strong analytical skills and an interest in data, Compensation, or Human Resources are encouraged to apply.

Requirements

Strong analytical, problem-solving, and data modeling capabilities, with the ability to translate findings into practical recommendations
Demonstrated project management skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment
Capacity to develop strong relationship management and consulting skills, with the ability to work effectively across HR and business stakeholders
Close attention to detail and comfort working with large data sets, formulas, and report creation
Advanced proficiency with Microsoft Excel; proficient with PowerPoint and Word
Strong ambition to learn, intellectual curiosity, and a self-starter mindset

Nice To Haves

Recent college graduates with strong analytical skills and an interest in data, Compensation, or Human Resources are encouraged to apply.

Responsibilities

Re-imagine how the compensation team operates by leveraging AI and other technology tools to unlock better insights, informed decisions, and more effective ways of working
Support the preparation of compensation analyses, reporting, and recommendations for Human Resources Business Partners and business leaders
Build and maintain complex data models to assess pay positioning, analyze trends, and support data-driven decision making
Provide analytical support for annual compensation decisions, including salary increases, promotions, and incentive awards
Support multiple complex business units with benchmarking, compensation consulting, and day-to-day advisory support
Assist with compensation benchmarking by analyzing survey data, conducting market assessments, and evaluating internal and external role alignment
Audit compensation information and related data to ensure accuracy, consistency, and integrity across processes and reporting
Support evolving regulatory compliance requirements across the United States and globally, including pay transparency and other compensation-related regulations
Partner effectively across HR and business stakeholders to manage projects, deliver insights, and support ongoing compensation initiatives

Benefits

our retirement savings plan (401K) with company match
insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages
paid-time off including vacation, sick leave, short term disability, and family care responsibilities
access to our Employee Assistance Program
incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans)
eligibility for certain tax advantaged savings plans
inclusive development opportunities
flexible work-life support
paid volunteer days
vibrant employee networks