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- Tasks: Support compensation strategies and solutions for various business areas.
- Company: Columbia Threadneedle Investments offers diverse growth opportunities in a global team of 2,500.
- Benefits: Enjoy flexible working options and a commitment to work-life balance.
- Why this job: Join a collaborative culture focused on diversity and impactful compensation strategies.
- Qualifications: Extensive experience in compensation analysis with strong analytical and communication skills required.
- Other info: Opportunity to mentor junior analysts and participate in special compensation projects.
The predicted salary is between 43200 - 72000 £ per year.
Senior Compensation Analyst
Ameriprise Financial London, United Kingdom
Ameriprise Financial London, United Kingdom
Where you\’ll fit in & what our team goals are…
You will provide compensation analyst support for the Alternatives, Distribution, Product, Global Operations, Global Transformation & Change and Investment Risk businesses. Partnering and consulting with HR Business Partners and business leaders to proactively identify, develop, and implement compensation strategies and solutions to achieve business goals.
You will also leverage compensation data, tools and applications and provide subject matter expertise to translate analysis into easily understood recommendations or observations.
How you\’ll spend your time…
- Provide guidance to HR business partners and leaders on all compensation programs and practices for assigned business areas. Identify, develop, and implement recommendations and solutions for leaders that address business-specific challenges and align with the company\’s compensation philosophy. Provide guidance on compensation actions for new hires, internal transfers, and promotions and conduct proactive competitive analysis and recommend updates as necessary in line with market trends and findings.
- Support the year-end and any off-cycle compensation processes including pre-review planning, risk adjustment, supporting leaders in allocations, analysis and presentation of proposals and data delivery for payments and awards for assigned business areas.
- Support the design of special incentive programs, including sales incentive plans, that are competitive and aligned with business strategies and objectives. Partner with finance to ensure plans are cost effective and assist with implementation, communication and administration of special incentive programs. Monitor ongoing effectiveness of plan designs and ensure special incentive programs are administered accurately.
- Partner with other compensation team members on initiatives that cross organizational boundaries or have implications outside immediate area of responsibility, providing leadership and expertise within specialized area(s).
- Support compensation processes or systems, including benchmarking, evaluation of new and existing jobs, ad hoc analyses, communications, and planning for the annual compensation cycle. Participate as a team member in special compensation projects and/or key HR initiatives. May coach and mentor Compensation Analysts.
- Support the development and delivery of compensation education and training to HR colleagues, leaders, and employees through both formal training sessions or one-on-one discussion/consultation. Develop communication plans related to new or changed compensation programs, including annual year-end compensation materials.
To be successful in this role you will have…
- Extensive experience in compensation analysis, preferably in a global Asset Management/Finance Services organisation
- Knowledge of UK and EMEA compensation regulations and practices
- Strong analytical skills with the ability to interpret complex data sets
- Outstanding communication skills, both written and verbal.
- Collaborative and communicative working style, both in person and remotely
- Excellent attention to detail and advanced Excel skills
- Ability to build and maintain strong working relationships with other internal SMEs within and outside HR
About Columbia Threadneedle Investments
Working at Columbia Threadneedle Investments you\’ll find growth and career opportunities across all of our businesses.
We\’re intentionally built to help you succeed. Our reach is expansive with a global team of 2,500 people working together. Our expertise is diverse with more than 650 investment professionals sharing global perspectives across all major asset classes and markets. Our clients have access to a broad array of investment strategies, and we have the capability to create bespoke solutions matched to clients\’ specific requirements.
Columbia Threadneedle is a people business and we recognise that our success is due to our talented people, who bring diversity of thought, complementary skills and capabilities. We are committed to providing an inclusive workplace that supports the diversity of our employees and reflects our broader communities and client-base.
We appreciate that work-life balance is an important factor for many when considering their next move so please discuss any flexible working requirements directly with your recruiter.
Full-Time/Part-Time
Full time
Worker Sub Type
Permanent
Job Family Group
Human Capital
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Senior Compensation Analyst | London, UK employer: Ameriprise Financial
Contact Detail:
Ameriprise Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Compensation Analyst | London, UK
✨Tip Number 1
Network with professionals in the finance and asset management sectors. Attend industry events or webinars where you can meet HR leaders and compensation analysts. Building these connections can provide insights into the company culture and specific expectations for the role.
✨Tip Number 2
Familiarise yourself with the latest trends in compensation analysis, especially within the UK and EMEA markets. Being knowledgeable about current regulations and practices will not only boost your confidence but also demonstrate your commitment to staying updated in the field.
✨Tip Number 3
Prepare to discuss your analytical skills in detail during interviews. Be ready to share examples of how you've interpreted complex data sets and translated them into actionable recommendations. This will showcase your expertise and problem-solving abilities.
✨Tip Number 4
Highlight your collaborative working style in conversations with recruiters. Emphasise your experience in partnering with HR business partners and leaders, as well as your ability to build strong relationships across teams. This is crucial for a role that requires extensive collaboration.
We think you need these skills to ace Senior Compensation Analyst | London, UK
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Compensation Analyst position. Tailor your application to highlight relevant experience in compensation analysis and your understanding of UK and EMEA regulations.
Highlight Relevant Experience: In your CV and cover letter, emphasise your extensive experience in compensation analysis, particularly within global Asset Management or Finance Services. Use specific examples to demonstrate your analytical skills and ability to interpret complex data sets.
Showcase Communication Skills: Since outstanding communication skills are crucial for this role, ensure your application reflects your ability to convey complex information clearly. Include examples of how you've successfully communicated with HR partners or business leaders in previous roles.
Tailor Your Cover Letter: Craft a personalised cover letter that addresses how your skills and experiences align with the company's goals. Mention your collaborative working style and your ability to build strong relationships, as these are key attributes for the position.
How to prepare for a job interview at Ameriprise Financial
✨Know Your Compensation Regulations
Familiarise yourself with UK and EMEA compensation regulations and practices. This knowledge will demonstrate your expertise and show that you understand the legal landscape in which the company operates.
✨Showcase Your Analytical Skills
Prepare to discuss how you've interpreted complex data sets in previous roles. Be ready to provide examples of how your analytical skills have led to actionable insights or recommendations.
✨Communicate Effectively
Practice articulating your thoughts clearly, both verbally and in writing. Since outstanding communication is crucial for this role, consider preparing a few key points about your experience that you can convey succinctly.
✨Demonstrate Collaboration
Be prepared to discuss instances where you've successfully collaborated with HR business partners or other teams. Highlight your ability to build strong working relationships and how this has contributed to achieving business goals.
