PSG Program Director

PSG Program Director

London Full-Time 72000 - 108000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead and develop compensation and equity programs for BCG's global Managing Directors and Partners.
  • Company: Join Boston Consulting Group, a pioneer in business strategy since 1963, transforming organisations worldwide.
  • Benefits: Enjoy a collaborative work environment with opportunities for professional growth and impactful projects.
  • Why this job: Be a trusted advisor in a fast-paced setting, influencing change and shaping the future of consulting.
  • Qualifications: 12+ years of experience, preferably in tax or employment law, with strong communication skills.
  • Other info: Work closely with senior leaders and global teams, making a real impact on BCG's success.

The predicted salary is between 72000 - 108000 ÂŁ per year.

Who We Are

Boston Consulting Group 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.

What You\’ll Do

Working closely with BCG’s CFO and global Executive Committee, PSG is the team responsible for designing, developing, and executing world class evaluation, development, compensation and equity programs for our global Managing Directors and Partners (“MDPs”). These matters are of critical importance to both BCG and personally to our 2,000 MDPs meaning that PSG is a highly visible, integral and trusted advisor in BCG’s global finance function.

The MDPs are the owners of BCG and responsible for driving the business within their markets and practice areas. At BCG we believe that having robust and transparent reward and evaluation arrangements helps incentivize our MDPs to grow and shape our business in a way that not only benefits our clients and people but also helps to fulfil one of BCG’s key purposes of unlocking the potential of those who advance the world.

We work within a fast-paced environment where precision, innovation and transparent communication are key to the firms MDP agenda. PSG play a vital role in both responding to and anticipating challenges in a way that allows us to maintain our position as employer of choice for the most talented and pioneering leaders in the global consulting market.

After a period of apprenticeship where you will support the Program Senior Director, you will eventually become a primary contact for MDPs and BCG leadership within the North America region, relating to BCG’s MDP compensation and equity framework. This means you will be the key point-of-contact for all MDPs in your markets.

Our MDP Compensation & Equity programs include a variety of bonus plans, deferred compensation and partnership equity components; our Program Directors/Senior Directors are responsible for leading and developing these programs in the markets they oversee. The Program Directors will establish a deep country level understanding of the local programs in the context of market norms and legislation and how these programs interact with BCG’s global partnership structure. They will need to adapt quickly to changing environments to ensure these programs remain competitive and have ability to assess risk and suitability both for the local market and within our global framework.

Program Directors/Senior Directors are also responsible for overseeing broader aspects of MDP lifecycles including international mobility for MDPs, external MDP hires and departures from the BCG partnership. There are also many opportunities for this group to team both within PSG and the broader firm on highly impactful global projects.

YOU’RE GOOD AT

We need an individual who is a technically focused, an excellent communicator and who is comfortable spending a large part of their time interacting directly with senior leaders on highly complex and often sensitive and very personal topics. The role requires the ability to manage difficult issues but often in an empathetic manner.

Thought leadership in understanding all stakeholder perspectives, developing recommendations and strong teaming and influencing skills to work with a global team. Leadership will be important to build trust and confidence among stakeholders and influence change.

To manage the ongoing operational aspects of the role effectively, this person will need strong coordination and synthesis skills, pragmatism, empathy and sound professional judgment. This individual will also be comfortable with handling some detail and complexity while seeing the overall picture. A background in US taxation, reward and/or employment law is also desirable, as well as some knowledge of partnerships and equity ownership structures.

A successful Program Director/Senior Director must have with an inquisitive nature and be energized by constantly looking to add value in each interaction.

BASIC JOB RESPONSIBILITIES:

MDP compensation and equity country program management and development

  • Support individual MDPs’ understanding of their local compensation and equity value allocated to them and how this relates to their and BCG’s performance
  • Design and maintain country compensation and equity programs by teaming with functional experts to understand local country and U.S. tax law, partnership concepts, labor laws, and applying BCG global principles for MDPs
  • Understand the overall BCG economic model in depth to analyze different impacts on BCG MDP compensation and equity programs in all countries
  • Develop clear, concise individual MDP and Leadership team communications that address particular issues, options, and resolutions in a proactive, practical, and commercial way
  • Support MDPs with equity purchases and sales explaining the cash and tax implications
  • Oversee the support for MDP transfers, departing MDPs, and MDP lateral hires
  • Partner with external advisors and local teams on managing compliance
  • Work with controllers and global finance functions (accounting, tax, and treasury) to ensure that plans are implemented, maintained, and executed appropriately
  • Conduct regular reviews of local MDP programs for countries of responsibility, understanding risk tolerance and leveraging BCG\’s tax and legal functions as key partners.
  • Jointly identify areas for continued improvement and implement change where required

What You\’ll Bring

YOU BRING (EXPERIENCE & QUALIFICATIONS)

  • Professional legal, tax or accounting qualification desirable
  • 12+ years relevant work experience
  • Significant experience working with senior teams (e.g., MDP, Managing Directors, CEOs), preferably in a dynamic project-based work environment
  • Significant experience in multinational environments, preferably with a strong understanding of US individual and partnership taxation or employment law.

Who You\’ll Work With

The Program Director will work closely with our global MDPs, MDPs leading PSG, fellow Program Directors and Senior Directors, and functional experts (tax, treasury, and legal). The position will require strong teamwork across BCG, particularly with the System Leaders and Regional Chairs, in US East Coast time zone pattern of working most days.

Boston Consulting Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, disability, protected veteran status, or any other characteristic protected under national, provincial, or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.
BCG is an E – Verify Employer. Click here for more information on E-Verify.

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PSG Program Director employer: The Boston Consulting Group GmbH

At Boston Consulting Group, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. Our commitment to employee growth is evident through our comprehensive development programs and the opportunity to engage with senior leaders on impactful projects. Located in a vibrant city, BCG offers a dynamic environment where diverse perspectives are valued, ensuring that our team members not only thrive professionally but also contribute meaningfully to shaping the future of business and society.
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Contact Detail:

The Boston Consulting Group GmbH Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land PSG Program Director

✨Tip Number 1

Familiarise yourself with BCG's values and mission. Understanding their commitment to transformation and collaboration will help you align your discussions and demonstrate how your experience can contribute to their goals.

✨Tip Number 2

Network with current or former BCG employees, especially those in PSG or similar roles. They can provide insights into the company culture and expectations, which can be invaluable during your interviews.

✨Tip Number 3

Prepare to discuss complex compensation and equity frameworks in detail. Be ready to share examples from your past experiences where you've successfully navigated similar challenges, showcasing your problem-solving skills.

✨Tip Number 4

Demonstrate your understanding of US taxation and employment law as it relates to partnerships. This knowledge is crucial for the role, so be prepared to discuss how you've applied this in previous positions.

We think you need these skills to ace PSG Program Director

Strong Communication Skills
Stakeholder Management
Empathy and Emotional Intelligence
Analytical Skills
Understanding of US Taxation
Knowledge of Employment Law
Partnership and Equity Ownership Structures
Project Management
Team Collaboration
Problem-Solving Skills
Attention to Detail
Ability to Synthesize Complex Information
Leadership and Influence
Pragmatism

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the PSG Program Director position. Tailor your application to highlight how your experience aligns with BCG's needs.

Craft a Compelling CV: Your CV should clearly outline your relevant experience, particularly in areas like compensation management, tax law, and working with senior leadership. Use bullet points for clarity and ensure it is well-structured.

Write a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and BCG as a company. Highlight specific experiences that demonstrate your ability to manage complex issues empathetically and effectively communicate with senior leaders.

Showcase Your Skills: Make sure to emphasise your skills in coordination, synthesis, and stakeholder management. Provide examples of how you've successfully navigated complex situations in previous roles, especially in multinational environments.

How to prepare for a job interview at The Boston Consulting Group GmbH

✨Understand BCG's Values and Culture

Before your interview, take some time to research Boston Consulting Group's values and culture. Understanding their commitment to collaboration, innovation, and client success will help you align your answers with what they value most in a candidate.

✨Prepare for Complex Scenarios

Given the nature of the role, be ready to discuss complex scenarios related to MDP compensation and equity. Think about how you would approach sensitive topics and demonstrate your ability to manage difficult conversations with empathy and professionalism.

✨Showcase Your Technical Knowledge

Highlight your understanding of US taxation, reward structures, and employment law during the interview. Be prepared to discuss how this knowledge can contribute to the development and management of BCG’s MDP compensation and equity programs.

✨Demonstrate Strong Communication Skills

As the role involves interacting with senior leaders, practice articulating your thoughts clearly and concisely. Use examples from your past experiences to showcase your ability to communicate complex information effectively and build trust with stakeholders.

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