VP, Enterprise Compensation Strategy

Full Time
Boston, MA 02210
Posted
Job description

Job Description:

If you are an experienced compensation professional, with expertise in base and incentive plan design, this is an opportunity to consider! This is an exciting time for the Compensation function as we are focused on our future strategy with an emphasis on improvement and simplification of programs.

As a member of Fidelity’s Compensation team, you will work with – and learn from – the best people in the industry as you help to drive and support our compensation philosophy and programs.

The Expertise We’re Looking For

  • College degree with 10+ years’ experience; enterprise and executive compensation strategy and design experience preferred as well
  • Strong business acumen and the ability to understand business strategies, objectives, and key performance metrics.
  • Proven management experience
  • Successful history navigating within a large organization
  • Experience in successfully balancing multiple projects and deadlines

The Purpose of Your Role

Fidelity’s compensation programs directly impact all associates and are a considerable investment from the company. In this role, you will help to ensure we have the right programs in place, design new programs and communicate the impact on business results. As a member of Fidelity’s broader compensation community, you will work with – and learn from – the best people in the industry as you help to drive and support our compensation philosophy and programs.

The Skills You Bring

  • Positive relationship management, consulting and influencing skills
  • Strong collaborator and can work effectively across a large organization
  • Excellent communication skills with the ability to engage all levels of the organization both verbally and in writing
  • Ability to translate and represent business needs
  • Strategic thinker with the ability to be creative as well as execute
  • You enjoy developing and managing a team of associates
  • Ability to communicate sensitive and confidential information in a professional manner

The Value You Deliver

  • Your work evolves directly from our compensation strategy initiatives and includes answering questions like:
  • Are we effectively and equitably managing base pay?
  • Do we have the right pay mix for various positions across the organization?
  • What considerations impact pay programs in future years?
  • Ensuring compensation programs attract, engage and retain talent
  • You will bring creativity to thinking about new ways of aligning our pay programs to the changing workplace needs
  • You will be responsible for providing guidance and consultation regarding the effective use and administration of compensation programs.
  • You will partner with team members to build models to assist in the development of programs
  • You will work with other HR teams to develop cohesive programs including Talent acquisition, Performance Management, and Workforce planning teams
  • You will regularly update the function on progress as well as develop Executive level presentations for formal updates

How Your Work Impacts the Organization

Fidelity’s compensation programs directly impact all associates and are a considerable investment from the company; you will be conducting analysis to ensure we have the right programs in place, recommend and justify new programs and communicate the results and impact of the programs.

Company Overview

At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want! We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experiences. For information about working at Fidelity, visit FidelityCareers.com. Fidelity Investments is an equal opportunity employer.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process. Please email us at accommodations@fmr.com or call 800-835-5099, prompt 2, option 2 if you would like to request an accommodation.

Please see below for the salary range for work locations in Colorado only:

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Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:

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Please see below for the salary range for work locations in California only:

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Please see below for the salary range for work locations in Washington only:

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Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients' money.


Join Us

At Fidelity, you'll find endless opportunities to build a meaningful career that positively impacts peoples' lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees' Choice Award, we have been recognized by our employees as a Best Place to Work in 2023. And you don't need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you've always imagined.

At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.

We invite you to Find Your Fidelity at fidelitycareers.com.


Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 3.

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