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Ameriprise Financial Services, LLC · 1 month ago

Director, Compensation Operations

Minneapolis, Minnesota

Full-time

Hybrid

Mid, Senior Level

$131K/yr - $177K/yr

7+ years exp

Ameriprise Financial Services, LLC is a diversified financial services leader with more than $1.5 trillion in assets under management. The Director of Compensation Operations will lead global compensation operations, ensuring effective administration of annual programs and collaborating with HR partners and external vendors to drive insights that support strategic decision-making.

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Responsibilities

Operate in a strong player/coach capacity overseeing the global compensation operations function, including responsibility for the effective administration of annual compensation programs, procedures, policies, and processes; accountability for the management and administration of our compensation data, insights and analytics; and collaborating with compensation leadership team and other key partners across the organization to drive the effective delivery of compensation strategies and objectives

Collaborate with key partners across HR (Payroll, HR Compliance, HR Systems, etc.) to ensure effective execution of critical compensation programs and accuracy of employee data. Continuously work toward increasing efficiencies and develop processes to promote more effective administration of salary changes and other compensation transactions

Oversee the timely creation, analysis, and interpretation of key compensation metrics to ensure accurate tracking, measurement, and reporting on compensation data and programs. Ensure strong data governance is in place. Regularly evaluate trends and identify opportunities to improve compensation programs to more effectively drive value in our investment

Provide leadership, coaching, and development to direct reports; deliver timely feedback/coaching and formal performance review discussions; assess employee professional growth/career opportunities and collaborate on individual development plans

Own and maintain partnerships with key external compensation vendors. Provide vendor oversight to ensure appropriate service levels provided. Ensure that all programs are efficiently and accurately administered in compliance with applicable regulations. Monitor all aspects of ongoing vendor performance

Lead various compensation projects to ensure all operational elements are considered. Represent the compensation team on other special HR and enterprise-wide project initiatives, ensuring that any issues impacting compensation-related items are proactively addressed and solved

Lead the development of effective communication strategies related to new or changed compensation programs, policies, or procedures including the company's annual compensation cycle materials. Develop and review leader and HR partner training

Qualification

Compensation programs knowledgeAnalytical skillsPeople leadershipProject managementCertified Compensation Professional (CCP)Financial services experienceGlobal organization experienceCollaboration skillsCommunication skillsProblem-solving skillsFlexibility

Required

Bachelor's degree or equivalent

7-10 years of relevant experience

5+ years of experience within Compensation

Current knowledge of Compensation programs, best practices, and regulations

Excellent analytical and project management skills

Ability to collaborate with partners across the organization to drive results

Strong written and verbal communications skills and the ability to communicate complex ideas in a way that is easily comprehended by broader audiences

Tremendous ability to solve business problems and quickly identify creative solutions

People leadership experience and the ability to lead both direct and indirect reports

Experience working in a global, matrixed organization

Demonstrates flexibility