Senior Director - MDP Compensation & Equity Programs

Boston Consulting Group • Boston, MA

4d • $195,000 - $227,500 • Hybrid

About The Position

Boston Consulting Group (BCG) partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we help clients with total transformation-inspiring complex change, enabling organizations to grow, building competitive advantage, and driving bottom-line impact. To succeed, organizations must blend digital and human capabilities. Our diverse, global teams bring deep industry and functional expertise and a range of perspectives to spark change. BCG delivers solutions through leading-edge management consulting along with technology and design, corporate and digital ventures—and business purpose. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, generating results that allow our clients to thrive.

The MDP Compensation & Equity Programs team (PSG) is responsible for designing, developing, and executing world-class evaluation, development, compensation, and equity programs for BCG's global Managing Directors and Partners (MDPs). These matters are of critical importance to both BCG and its over 2,000 MDPs, making PSG a highly visible, integral, and trusted advisor within BCG’s global finance function. MDPs are the owners of BCG and are responsible for driving the business within their markets and practice areas. BCG believes that robust and transparent reward and evaluation arrangements incentivize MDPs to grow and shape the business in a way that benefits clients, people, and fulfills BCG’s purpose of unlocking the potential of those who advance the world. The team operates in a fast-paced environment where precision, innovation, and transparent communication are key to the firm's MDP agenda. PSG plays a vital role in responding to and anticipating challenges to maintain BCG's position as an employer of choice for talented leaders in the global consulting market.

Requirements

• 15+ years of relevant professional experience, with significant tax and/or legal expertise.
• Relevant backgrounds may include professional services experience in partnership/private client tax, high-net-worth tax, global mobility or employment law, or an in-house compensation and benefits role with significant tax or legal exposure.
• Experience applying tax or legal expertise to complex compensation, equity, partnership or related matters, with US experience preferred.
• Significant experience advising and influencing senior leaders on complex, sensitive matters, with the credibility and judgment to operate effectively with MDP-level stakeholders.
• Experience working across functions and geographies in a complex multinational environment.

Nice To Haves

• Professional tax, legal or accounting qualification desirable.

Responsibilities

• Serve as a senior advisor and primary point of contact for MDPs and BCG leadership across North America on MDP compensation and equity matters.
• Advise individual MDPs and leadership across assigned markets on compensation and equity matters after an initial period of apprenticeship to build a strong understanding of BCG’s Compensation and Equity Framework.
• Lead, develop, and maintain MDP compensation and equity programs in overseen markets, including bonus plans, deferred compensation, and partnership equity.
• Develop a deep understanding of local market requirements, including relevant tax and legal considerations, and how they interact with BCG’s global partnership structure.
• Assess risk and suitability, and adapt programs as market and regulatory environments evolve.
• Oversee broader aspects of the MDP career lifecycle, including international mobility, external MDP hiring, and departures from the BCG partnership.
• Contribute to high-impact global projects related to the evolution of the partnership.
• Manage and develop MDP compensation and equity country programs.
• Advise individual MDPs on their compensation and equity, including how outcomes relate to individual and BCG performance.
• Work with functional experts to understand and apply relevant US and local tax law, partnership concepts, employment law, and BCG global principles.
• Develop a strong understanding of BCG’s economic model and its implications for MDP compensation and equity programs.
• Develop clear, concise communications for individual MDPs and leadership teams, setting out complex issues, options, and recommendations in a practical and commercial way.
• Advise MDPs on equity purchases and sales, including associated cash and tax implications.
• Oversee compensation and equity matters associated with international mobility, MDP lateral hires, and departures from the partnership.
• Partner with external advisors and internal Tax, Legal, Controllers, Treasury, and other Finance teams to manage compliance and ensure programs are appropriately implemented and operated.
• Regularly review MDP programs within the markets covered, identifying risks and opportunities for improvement and implementing change where required.

Benefits

• Zero dollar ($0) health insurance premiums for BCG employees, spouses, and children
• Low $10 (USD) copays for trips to the doctor, urgent care visits and prescriptions for generic drugs
• Dental coverage, including up to $5,000 in orthodontia benefits
• Vision insurance with coverage for both glasses and contact lenses annually
• Reimbursement for gym memberships and other fitness activities
• Fully vested Profit Sharing Retirement Fund contributions made annually, whether you contribute or not, plus the option for employees to make personal contributions to a 401(k) plan
• Paid Parental Leave and other family benefits such as elective egg freezing, surrogacy, and adoption reimbursement
• Generous paid time off including 12 holidays per year, an annual office closure between Christmas and New Years, and 20 vacation days per year (earned at 1.66 days per month)
• Paid sick time on an as needed basis

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed