Senior Director Gl. & Exec. Compensation

About the Role

This role leads Compensation and Variable Pay (STI and LTI) programme design and oversees governance, including Executive Compensation, globally. The role actively consults with and advises the SVP HR Rewards, designs and delivers proposals to the Board and HR Senior Leadership Team, and owns the overarching Compensation Strategy. It sits within the People & Culture team and works closely with HR Rewards, Finance, Legal, Tax and other senior leaders to define a robust compensation governance framework and ensure regulatory compliance. The position also oversees equity incentive plan design and future equity plan development.

Key Responsibilities

• Lead the design of global Compensation and Variable Pay (STI and LTI) programmes, identifying opportunities and driving change based on research, analysis and alignment with business, Talent, HR and Rewards strategies.
• Provide guidance on the Compensation Philosophy and support complex or unique compensation decisions by presenting alternatives and recommendations.
• Prepare and deliver proposals, competitive data and plan design implications to the Board and HR and Business Senior Leadership.
• Design, gain buy-in for and implement compensation products and policies that support strategic direction and foster employee attraction, engagement and retention.
• Oversee the design and delivery of communications material for global Executive Compensation and global Compensation programmes, and ensure cost and tax efficiency of Executive Compensation programmes in partnership with Group Finance, Group Tax and Legal
• Including co-defining budgeting and accrual principles.
• Create and deliver an innovative, sustainable Global Compensation approach based on the Rewards Strategy and Philosophy, anticipating future trends and evaluating programmes for strategic alignment.
• Design and manage Executive Compensation reporting for the Board and HR Senior Leadership Team, set the cadence for policy reviews and self-audits, and ensure accuracy and compliance with regulatory requirements.
• Create and operationally deliver governance principles for executive grading and severance, and monitor the effectiveness and development of equity incentive programmes in line with business strategy.
• Advise on operational Executive compensation activities including grading, benchmarking, compensation packages and transparency for global functions, and contribute to Incentive Target Setting with Finance and Strategy.
• Lead executive compensation processes such as benchmarking and separate decision processes for certain positions, consult and advise Executives, and create and review executive compensation packages and severance arrangements.
• Work with the SVP HR Rewards and Rewards Senior Leadership Team to ensure alignment and market application of products and programmes, develop strategic partnerships with Finance, HR and Legal, manage external vendor relationships and represent the organisation in external networks.

Required Experience & Qualifications

• University degree or adequate education with emphasis on business or Total Rewards.
• 10+ years of overall work experience within HR, Compensation & Benefits, including at least two years of direct exposure to Executive Compensation.
• 8+ years of leadership experience of direct or indirect teams.
• Experience working in an international matrix organisation.
• Proven executive management influencing skills, with confidence and negotiation skills towards high-level stakeholders.
• Strong ability to collaborate and bring people to work together.
• Demonstrated multi-cultural skills and a global mind-set, with an international and risk-taking mindset.
• Strong analytical and think-through skills to put new ideas into concepts and actionable programmes.
• Knowledge of and experience with financial valuation and simulation.
• Ambition to constantly challenge the status quo and desire to bring up fresh perspectives.
• Constant appetite to learn and extend knowledge about developments and trends.
• Strong communication skills and excellent command of the English language.
• Excellent knowledge of MS-Office applications and high level of affinity to and experience with business computing solutions.

About the Company

The company believes that embedding diversity, equity and inclusion into its culture and talent processes gives employees a sense of belonging and the brand a competitive advantage.