Director, Compensation

Fidelity Investments • Boston, MA

3d • $103,000 - $211,000

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 partner with the HR team to design, deliver, and advise on solutions that meet the short- and long-term needs of Fidelity’s businesses and operating companies. As a compensation subject matter expert, you will work closely with HR partners and senior leaders to provide consulting and leadership in support of business objectives. You will also contribute to Fidelity’s broader compensation community, helping develop, improve, and share compensation strategies and resources.

The Human Resources team includes associates in Line HR, Talent Acquisition, Talent Management, Learning and Development, HR Operations, Sales Compensation, Communications, Finance, and Workforce Analytics. The team partners with business units to develop and implement HR and learning programs and strategies, and works with enterprise HR teams to deploy and support central programs and initiatives.

Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Onsite requirements currently vary by role and location and may evolve; this transition does not apply to fully remote roles. Fidelity will not provide immigration sponsorship for this position.

Requirements

• Bachelor’s degree or equivalent.
• Eight or more years of experience in compensation, sales compensation, and/or finance/business is preferred.
• Experience designing, developing, and managing compensation programs and processes, including base salary, variable pay, sales compensation, compensation strategy, and competitive pay analysis.
• Experience with carried interest plans, including allocations, modeling, and vesting schedules.
• Ability to perform complex compensation modeling and analysis, competitive benchmarking, compensation planning and forecasting, and manage annual compensation cycles.
• Strong analytical skills, including the ability to structure complex questions and data into analyses and synthesize key points.
• Ability to manage concurrent programs, processes, and initiatives while collaborating with and influencing a wide range of stakeholders.
• Expertise with Microsoft Excel analysis and experience with HR database applications.
• Ability to develop and deliver formal and informal reports, presentations, and communications to executive audiences.
• Ability and interest in building consultative partnerships with HR, Finance, and senior business leaders.
• Interest in working on initiatives and programs that extend beyond the local team and business unit.

Responsibilities

• Lead compensation initiatives and programs.
• Partner with the HR team to design, deliver, and advise on compensation solutions for Fidelity businesses and operating companies.
• Provide compensation consulting and leadership to HR partners and senior leaders in support of business objectives.
• Perform compensation modeling and analysis, competitive benchmarking, planning, and forecasting.
• Manage annual compensation cycles for assigned businesses.
• Develop and deliver reports, presentations, and communications to executive audiences.
• Collaborate with stakeholders across teams and business units on compensation initiatives and programs.

Benefits

• Comprehensive health care coverage
• Emotional well-being support
• Market-leading retirement benefits
• Generous paid time off
• Parental leave
• Charitable giving employee match program
• Educational assistance, including student loan repayment and tuition reimbursement
• Learning resources for career development
• Bonus or other variable compensation, depending on position and eligibility

What This Job Offers

• Job Type: Full-time
• Career Level: Director