Director, Compensation

Fidelity•Boston, MA
•Onsite

About The Position

The Role As a Director of Compensation at Fidelity on the Fidelity Enterprise Services and Devonshire Investors HR team you will lead compensation initiatives and programs, and work in partnership with the HR team to design, deliver and advise on solutions that meet the short and long-term needs of a diverse suite of Fidelity’s business and Operating Companies. The Director of Compensation is a subject matter expert on the HR team, working closely with HR partners and senior leaders to provide the consulting and leadership required to deliver pay programs and solutions in support of overall business objectives. You will contribute to and benefit from Fidelity’s broader compensation community where we shape the future of compensation and continuously develop, improve and share our strategies and resources that benefit our businesses, leaders and associates in achieving their goals.

Requirements

  • Bachelors or equivalent; 8 plus years of experience in compensation/sales compensation and/or finance/business preferred
  • Designed, developed and managed a variety of compensation programs and processes including base salary, variable pay programs, sales compensation, compensation strategy and competitive pay analysis
  • Experience with carried interest plans, including allocations, modeling and vesting schedules
  • Perform complex compensation modeling and analysis, competitive benchmarking, compensation planning and forecasting
  • Deep analytical skills with the ability to break down complex questions / data into well-structured analyses, and synthesize key points
  • Effectively manage concurrent programs, processes and initiatives collaborating with and influencing a wide range of stakeholders, and have a proven ability to think end-to-end about the work to be implemented
  • Expertise with Microsoft Excel analysis and experience with various HR database applications
  • Expertise, confidence and skill to develop and deliver formal and informal reports, presentations and communications to executive audiences
  • Passionate about building consultative partnerships with HR, Finance and senior business leaders
  • Enjoy working on initiatives and programs that often extend beyond the local team and business unit

Responsibilities

  • Lead compensation initiatives and programs.
  • Design, deliver and advise on compensation solutions that meet the short and long-term needs of a diverse suite of Fidelity’s business and Operating Companies.
  • Provide consulting and leadership required to deliver pay programs and solutions in support of overall business objectives.
  • Contribute to and benefit from Fidelity’s broader compensation community where we shape the future of compensation and continuously develop, improve and share our strategies and resources.
  • Manage the annual compensation cycles for assigned businesses.

Benefits

  • Comprehensive health care coverage
  • Emotional well-being support
  • Market-leading retirement
  • Generous paid time off
  • Parental leave
  • Charitable giving employee match program
  • Educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career
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