Compensation Senior Consultant

London Source: WhatJobs
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Overview

In this role you will guide compensation decisions for Northern Trust's Enterprise Chief Operating Office. You will act as a trusted advisor to business leaders and HR partners, translating compensation philosophy into practical actions that attract, retain, and motivate talent. You’ll work across base pay, incentives, and recognition programs while ensuring governance and equity. This is a metrics-driven, cross-functional role that shapes workforce strategies in a globally connected function. You will join a collaborative culture focused on service, expertise, and integrity.

Responsibilities

  • Advise HR partners, Talent Acquisition, and leaders on complex compensation matters for assigned units
  • Recommend internal moves, retention actions, off-cycle adjustments, reorganizations, and other pay decisions balancing market data, equity, priorities, affordability, and governance
  • Translate workforce needs into compensation solutions across base pay, incentives, sales and recognition programs
  • Conduct job evaluations, leveling, market pricing, and pay recommendations; ensure alignment with global job architecture and salary structures
  • Facilitate compensation discussions, explain complex information clearly, and build consensus on actions
  • Monitor market trends, labor regulations, and implications; propose appropriate responses
  • Prepare executive-ready analyses that present findings, risks, and recommendations
  • Lead and support the global annual compensation cycle, including planning, data validation, market analysis, system testing, communications, enablement, issue resolution, and post-cycle review

Key requirements

  • 7+ years of progressive compensation experience, preferably in financial services
  • Advanced knowledge of broad-based compensation principles and practices
  • Strong compensation consulting and stakeholder management skills
  • Excellent analytical, critical-thinking, and data interpretation abilities
  • Business acumen to connect compensation decisions with talent, workforce, financial, risk, and business factors
  • Strong written, verbal, presentation, and facilitation skills
  • Project management and change management capabilities across multiple stakeholders and workstreams
  • Advanced Microsoft Excel and PowerPoint skills with large datasets and executive-ready presentations
  • strong communication and presentation abilities
  • stakeholder management
  • ability to challenge assumptions constructively
  • Market pricing and compensation surveys
  • Job evaluation, leveling, and architecture
  • Salary structures and pay administration

Full job description from WhatJobs. Apply for this role →

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