At a Glance
- Tasks: Lead complex compensation programs and analyses to support business objectives.
- Company: Join Barings, a leading global financial services firm with a strong commitment to associates.
- Benefits: Competitive salary, diverse work culture, and opportunities for professional growth.
- Other info: Dynamic environment with a focus on diversity and long-term career development.
- Why this job: Make a real impact on compensation strategies while collaborating with talented professionals.
- Qualifications: Bachelor’s degree and 4-6 years of relevant experience in compensation or HR analytics.
The predicted salary is between 75600 - 92400 £ per year.
At Barings, we are as invested in our associates as we are in our clients. We recognise those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients. We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific.
Job Summary
The Compensation Associate Director role leads complex compensation programs, analyses, and processes that support the firm’s compensation strategy and business objectives. This role serves as a subject matter expert within Total Rewards, partnering closely with HR Business Partners, Talent teams, Finance, Legal, and business leaders to deliver competitive, equitable, compliant, and scalable compensation solutions. The role is accountable for multiple compensation processes and programs, anticipates and resolves complex business issues, and may lead initiatives or coordinate the work of others.
Primary Responsibilities
- Lead complex market pricing, compensation survey participation, benchmarking, and pay positioning analyses across functions and regions.
- Own key components of the annual compensation cycle, including merit, incentive, promotion, and year-end planning activities.
- Develop compensation recommendations, models, reports, and dashboards that inform HR, Finance, and business leadership decisions.
- Partner with HR Business Partners and business leaders to provide compensation guidance, evaluate pay decisions, and address complex compensation matters.
- Lead or support job evaluation, leveling, business title alignment, and pay structure development to promote consistency and internal equity.
- Identify process improvements, strengthen governance, and enhance compensation procedures, tools, and controls.
- Maintain, audit, and analyse compensation data in Workday and related systems to ensure accuracy, consistency, and readiness for decision-making.
- Monitor compensation practices for compliance with internal policies, regulatory requirements, and market standards.
Qualifications
- Bachelor’s degree in Human Resources, Business, Finance, Economics, Analytics, or related field preferred.
- Typically 4-6 years of progressive compensation, total rewards, HR analytics, or related experience.
- Advanced working knowledge of compensation principles, market pricing, job evaluation, pay equity, incentive planning, and annual compensation processes.
- Experience partnering with HR Business Partners, Finance, Legal, Talent, and senior business stakeholders.
- Strong analytical, modelling, and data interpretation skills; advanced Excel skills required.
- Experience with Workday or comparable HRIS/compensation systems preferred.
- Ability to manage multiple processes or programs, exercise judgment and discretion, and recommend practical solutions to complex business issues.
- Excellent written and verbal communication skills, with the ability to translate complex compensation concepts for varied audiences.
- Demonstrated ability to collaborate effectively, take accountability, foster trust, and deliver high-quality work in a fast-paced environment.
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service.
Associate Director, Compensation in London employer: Barings LLC
At Barings, we pride ourselves on being an exceptional employer, offering a dynamic work culture that values transparency, collaboration, and integrity. Our London and Charlotte locations provide associates with unique opportunities for professional growth and development within a leading global financial services firm, where we are committed to supporting our team members in achieving their career aspirations while delivering innovative solutions to our clients. With a focus on diversity and inclusion, we foster an environment where every associate can thrive and contribute to our collective success.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Director, Compensation in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Barings LLC. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Director, Compensation in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Barings LLC.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Barings LLC's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Barings LLC
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Barings LLC.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Barings LLC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Barings LLC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
