Director, Compensation

Fidelity•Boston, MA

2d•Onsite

About The Position

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.
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.

Nice To Haves

Finance/business preferred.

Responsibilities

Lead compensation initiatives and programs.
Design, deliver and advise on compensation solutions that meet short and long-term needs.
Provide consulting and leadership for pay programs and solutions.
Contribute to and benefit from Fidelity’s broader compensation community.
Develop, improve and share compensation strategies and resources.
Perform complex compensation modeling and analysis.
Conduct competitive benchmarking.
Manage compensation planning and forecasting.
Manage annual compensation cycles for assigned businesses.
Develop and deliver formal and informal reports, presentations and communications to executive audiences.
Build consultative partnerships with HR, Finance and senior business leaders.
Work on initiatives and programs that often extend beyond the local team and business unit.