VP, Compensation Delivery & Operations

MasterCard • Miami, FL

95d

About The Position

The VP, Compensation Delivery & Operations role will lead the successful delivery of our compensation programs, including, base pay, annual incentive plans, stock plan, annual sales incentive (sip) administration to ensure service excellence. This role is responsible for the overall administration and operations of compensation programs at Mastercard, working closely with the rewards design team, external vendors, and internal Shared Service Center and P&C technology stakeholders, to optimize processes, manage risk, and deliver an exceptional employee experience.

Requirements

• Leadership experience in implementation and administration of compensation programs at a large global company.
• Strong working knowledge of rewards platforms, vendors, and industry best practices.
• Proven ability to set and execute on a vision and lead a global team in an HR function.
• Track record of working cross-functionally and collaboratively at all levels.
• Risk management capabilities and audit experience desirable.

Responsibilities

• Ensure successful delivery of compensation programs globally, managing annual cycles, including base salary management and variable pay plans.
• Ensure operational excellence and optimal employee experience by identifying friction points and improving processes.
• Staying abreast of global regulatory requirements and policy changes in the equity space.
• Responsible for optimization and effectiveness of compensation platforms including the Compensation Administration System and Market Pricing Database.
• Responsible for annual sales incentive compensation (SIP) administration.
• Collaboration with Total Rewards partners and People Business Partners to support delivery needs.
• Monitors performance and manages risk associated with vendors.
• Interfaces with GBSC to ensure effectiveness of inquiry management.
• Measures the service levels provided to employees and managers.
• Liaises with payroll team and finance to ensure smooth execution of programs.
• Executes operating reviews for compensation delivery team.
• Motivates and develops the compensation delivery team.

Benefits

• Insurance (including medical, prescription drug, dental, vision, disability, life insurance)
• Flexible spending account and health savings account
• Paid leaves (including 16 weeks new parent leave, up to 20 paid days bereavement leave)
• 10 annual paid sick days
• 10 or more annual paid vacation days based on level
• 5 personal days
• 10 annual paid U.S. observed holidays
• 401k with a best-in-class company match
• Deferred compensation for eligible roles
• Fitness reimbursement or on-site fitness facilities
• Eligibility for tuition reimbursement
• Gender-inclusive benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities