Human Capital Management, AWM Business Compensation, Analyst/Associate, New York City
About The Position
HUMAN CAPITAL MANAGEMENT Our division recruits, develops and rewards the people of Goldman Sachs. Our teams advise, design and implement strategies, processes and technologies that help our people advance professionally, drive productivity and help the firm and our clients achieve superior results. We look for individuals with strong problem solving and analytical skills, innovative thinking and intellectual curiosity who want to make an impact on the success of the firm’s most valuable asset, our people. OUR IMPACT The Business Compensation team drives implementation of our compensation philosophy, policies, and practices around the world, supporting our best efforts to attract and retain the best talent available. The team provides in-depth expertise in business-specific compensation approaches to ensure our strategies are tailored to the unique needs of each division.
Requirements
- Bachelor's degree in an analytical field such as Finance, Accounting, or Mathematics or a related field in HR preferred
- 3 + years of work experience in compensation or related field
- Proficient working with and analyzing large sets of data and presenting results that tell a clear and compelling story
- Ability to handle multiple, time-sensitive projects while focusing on the quality of work delivered to clients; balances competing deadlines effectively
- Highly organized, strong attention to detail, and excellent follow-through required
- Strong written and verbal communication skills, ability to develop relationships with professionals across several HCM groups, and act as an effective liaison to meet client needs
- Ability to work with Excel on a day-to-day basis including XLookups, Pivot Tables, and other advanced formulas.
- Thinks multiple steps ahead; prepares for potential problems and escalates issues when appropriate
- Ability to work well both independently and in a collaborative, fast-paced, and global team environment
Responsibilities
- Partner with HCM Business Partners to design divisional compensation programs and deliver projects in line with firm and divisional strategy
- Support critical compensation processes including, but not limited to; the annual compensation cycle, external benchmarking reviews, and review of campus hire offer structure
- Analyze and provide coordination support for special compensation programs (e.g., carried interest, commissions), helping ensure accuracy, consistency, and adherence to governance standards
- Manage review and approval of various compensation transactions; partner with cross-functional HCM teams to advise and structure new hire compensation packages
- Participate in the design of compensation programs and policies, including modeling financial costs and implementation strategies
- Continuously seek improvement and automation opportunities, drive process change, and create efficiencies across the function
- Analyze hiring and turnover trends to understand market movement and advise senior stakeholders on best approaches to attract and retain top talent
- Work closely with divisional finance teams to manage compensation budgets throughout the year; centrally administer the year-end compensation process for the division
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
