Total Rewards, Vice President - Wellington Management Company, LLP in London

Total Rewards, Vice President - Wellington Management Company, LLP in London

London Full-Time 120000 - 150000 € / year (est.) No home office possible
Wellington Management Company, LLP

At a Glance

  • Tasks: Lead Total Rewards strategy, focusing on compensation and benefits for a global financial services firm.
  • Company: Wellington Management, a leader in investment management with a collaborative culture.
  • Benefits: Competitive salary, flexible work arrangements, and a commitment to diversity and inclusion.
  • Other info: Join a dynamic team in London with opportunities for professional growth and networking.
  • Why this job: Make a significant impact on employee satisfaction and retention through innovative reward solutions.
  • Qualifications: 10+ years in Total Rewards, strong analytical skills, and excellent communication abilities.

The predicted salary is between 120000 - 150000 € per year.

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

This role serves as a senior subject matter expert in Total Rewards, providing strategic consultation and trusted advice to Human Resources business partners and senior business leaders on compensation and benefits matters. With high visibility across the firm, the role requires a strong consulting mindset and close partnership with HR to support and influence a broad range of people-related initiatives. The position provides dedicated compensation support for one or more business areas, partnering with leaders to design and deliver competitive, market-aligned reward solutions. On the benefits side, the role acts as the regional subject matter expert for EMEA, while also providing strategic oversight and guidance to Global Benefits team members in both EMEA and APAC. Based in London, this role works closely with the Global Compensation and Global Benefits teams in Boston to develop and execute regional strategies that align with global Total Rewards priorities.

In particular, the role will have the following responsibilities:

  • Compensation: Serve as the primary point of contact for business leaders and HR partners on compensation matters for assigned business groups. Proactively provide insights into market trends and their impact on the region and supported business areas. Oversee EMEA compensation compliance processes and act as the subject matter expert on regional regulatory requirements. Conduct market benchmarking and competitive analyses; share findings internally to ensure compensation structures and pay levels remain competitive and support attraction and retention. Advise on compensation levels for new hires, including conducting and presenting supporting analysis. Partner with the Global Compensation team to design, manage, and administer base pay and corporate bonus programs, including support for the annual compensation review cycle. Lead and support ad hoc compensation projects, such as deep-dive analyses or the development of compensation structures for new roles or business areas. Collaborate with cross-functional partners to develop compensation procedures, analytics, and reporting, including preparation of materials for Compensation Committees. Participate in industry forums and networks to stay current on market trends, practices, and costs, and help ensure firm policies remain aligned with external developments.
  • Benefits: Oversee the development and administration of benefits programs in the EMEA region, and partner with the Global Benefits team in implementing new strategies. Review proposed strategies that impact the EMEA region and provide feedback based on regional expertise. Recommend and implement changes to current practices based on local market trends to ensure the regional office remains competitive in the market and industry. Attend payroll, HR and benefit team meetings on a regular cadence to stay abreast of issues impacting Total Rewards. Build rapport with EMEA Heads of Office to support alignment on Total Rewards initiatives. Identify opportunities to network with internal and external peers to enhance program design and administration as well as to reach out to the network for ad hoc solutions and advice. Provide and be responsible for a high standard of advice, guidance, and support to senior business managers with regard to benefits programs. Partner with Human Resources business partners regionally and globally to ensure timely and effective communication, and implementation of HR strategy, policies and practices.

The successful candidate is likely to have:

  • 10+ years of experience working in a global organization within the field of Total Reward.
  • Extensive knowledge and experience of managing pay and bonus programs, preferably within the global financial services sectors.
  • In depth experience with benefit plan strategy with development, design, compliance, management, and administration of benefit programs in the EMEA region, preferably within the global financial services sectors.
  • Exceptional analytical skills, comfortable working with large amounts of data and communicating data findings.
  • Customer service orientation with a demonstrated desire to exceed expectations - ability to serve multiple customers (employees, managers, HR) even in situations of conflicting interests between groups.
  • Excellent written and verbal communications skills are required - to interface with all levels of the organization, influence decision makers, set and manage expectations, and translate data findings into clear and concise documents and presentations.
  • Strong cross-cultural awareness, sensitivity, and high level of confidentiality.
  • Ability to exercise problem solving skills and independent judgement using analytical and consulting skills.
  • Solid project management skills - e.g., develop project plans, scope and ensure execution and delivery.
  • Highly detail driven with emphasis on accuracy, coupled with the ability to see the broader picture.
  • Ability to work independently as well as in a team environment.
  • Bachelor's degree required.

Not sure you meet 100% of our qualifications? That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds. As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law.

If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at GMWTalentOperations@wellington.com. We believe that in person interactions inspire and energize our community and are essential to our culture. In support of this commitment, our employees work from our offices 4 days a week with flexibility to work remotely 1 day a week. We believe that this approach ultimately supports our mission to deliver investment excellence to our clients and their beneficiaries over the long term.

Total Rewards, Vice President - Wellington Management Company, LLP in London employer: Wellington Management Company, LLP

Wellington Management is an exceptional employer that fosters a collaborative and inclusive work culture, encouraging independent thought and healthy debate among its employees. With a strong commitment to employee growth, the company offers extensive opportunities for professional development and strategic involvement in Total Rewards initiatives, particularly within the dynamic financial services sector in London. The firm’s unique private partnership structure aligns its long-term goals with those of its clients, creating a rewarding environment for those seeking meaningful and impactful careers.

Wellington Management Company, LLP

Contact Detail:

Wellington Management Company, LLP Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Total Rewards, Vice President - Wellington Management Company, LLP in London

Tip Number 1

Network like a pro! Reach out to current employees at Wellington Management through LinkedIn or industry events. A friendly chat can give you insider info and maybe even a referral!

Tip Number 2

Prepare for the interview by researching the latest trends in Total Rewards. Show us you’re not just a candidate, but a thought leader who can bring fresh ideas to the table.

Tip Number 3

Practice your pitch! Be ready to explain how your experience aligns with the role. We want to hear how you can make a difference in our compensation and benefits strategies.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining our team.

We think you need these skills to ace Total Rewards, Vice President - Wellington Management Company, LLP in London

Total Rewards Expertise
Compensation Strategy
Benefits Program Management
Market Benchmarking
Regulatory Compliance
Analytical Skills
Data Communication

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter for the Total Rewards role. Highlight your relevant experience in compensation and benefits, and show how your skills align with what we’re looking for.

Showcase Your Expertise:We want to see your knowledge in action! Use specific examples from your past roles to demonstrate your understanding of market trends and compensation strategies. This will help us see you as a strong candidate.

Be Clear and Concise:When writing your application, keep it straightforward. We appreciate clarity, so avoid jargon and get straight to the point about your achievements and how they relate to the role.

Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at Wellington Management Company, LLP

Know Your Stuff

Make sure you brush up on your knowledge of Total Rewards, especially in the context of global financial services. Be prepared to discuss compensation structures, benefits strategies, and market trends. This will show that you're not just familiar with the role but also passionate about it.

Showcase Your Analytical Skills

Since this role requires exceptional analytical skills, come ready to discuss specific examples where you've used data to influence decisions or improve processes. Think about how you can present complex data findings in a clear and concise manner, as this is crucial for effective communication.

Build Rapport

During the interview, focus on building a connection with your interviewers. Ask insightful questions about their experiences and the company culture. This will demonstrate your customer service orientation and ability to work collaboratively, which are key for this role.

Prepare for Scenario Questions

Expect scenario-based questions that assess your problem-solving and project management skills. Prepare examples from your past experience where you've successfully managed projects or navigated complex situations, particularly in the realm of compensation and benefits.