Search by job, company or skills

Bank of New York

Director, Compensation Manager - Investments and Wealth Management

Early Applicant
  • Posted 2 days ago
  • Be among the first 10 applicants
10-12 Years

Banking/Accounting/Financial Services

Job Description

Director, Compensation Manager - Investments and Wealth Management At BNY, our culture allows us to run our company better and enables employees growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide. Recognized as a top destination for innovators and champions of inclusion, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary. We're seeking a future team member for the role of Director, Compensation Manager - Investments and Wealth Management, to join our Compensation team. In this position, you will play a key role in shaping the compensation strategy and programs that support the growth and success of our investment businesses, while driving alignment and synergy across the organization. BNY Investments offering from mainstream equities to alternatives, from private debt markets to the world of fixed income, manages approximately 2 trillion in AUM and each has its own specialist investment expertise, its own culture, philosophy and proprietary investment process. This role is located in NEW YORK, NY. In this role, you'll make an impact in the following ways: Develop and implement compensation strategies that align with BNY's business objectives and support the growth of our investment firms and wealth management Collaborate with senior leaders to design and deliver compensation programs that attract, retain, and motivate top talent Analyze market trends and competitor data to inform compensation decisions and ensure BNY's competitiveness in the market Provide expert guidance and advice to stakeholders on compensation-related matters, including regulatory requirements and industry's best practices Lead projects to review and refine compensation processes, ensuring efficiency, effectiveness, and compliance with regulatory requirements To be successful in this role, we're seeking the following: 10+ years of experience in compensation and deep understanding of the investment business and its compensation trends Strong knowledge of compensation principles, practices, and regulatory requirements Experience in designing and implementing compensation programs, including base pay, incentives, and benefits Excellent analytical, communication, and project management skills Ability to work collaboratively with stakeholders, including senior leaders, HR partners, and external consultants At BNY, our culture speaks for itself, check out the latest BNY news at: BNY Newsroom BNY LinkedIn Here's a few of our recent awards: America's Most Innovative Companies, Fortune, 2025 World's Most Admired Companies, Fortune 2025 Most Just Companies, Just Capital and CNBC, 2025 Our Benefits and Rewards: BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter. BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans. BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $200,000 and $225,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

Date Posted: 01/10/2025

Job ID: 127752861

Report Job
View More
Last Updated: 03-10-2025 02:05:33 AM
Home Jobs in Hong Kong Director, Compensation Manager - Investments and Wealth Management