PSG Program Senior Director

Locations: Boston | Canary Wharf

Who We Are

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.

What You'll Do

After an initial period of apprenticeship, you will become the 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, ability to assess risk and suitable 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 related to the evolution of the partnership.

YOU ARE GOOD AT

We need an individual who is 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 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 the 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

Professional legal, tax or accounting qualification desirable

15+ 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

Additional info

The Program Director/Senior Director will work closely with our global MDPs, MDPs leading PSG, fellow Program 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 East Coast time zone pattern of working most days.