Senior Manager, Global Compensation

Position Specifications

• Bachelor degree or equivalent experience required; Bachelor’s degree in Human Resources preferred
• PHR or SPHR certification or CCP designation preferred
• Minimum of 5 years of compensation administration experience including 2 years’ supervisory experience required; Global experience and experience in the financial services industry preferred
• Experience interpreting and revising compensation plan documents (bonus, long term incentive, equity) required
• Proficiency in Wage and Hour and FLSA regulations required; Knowledge of pay transparency regulations preferred
• HCM experience required; Experience with Oracle preferred
• Mergers & Acquisition experience preferred
• Experience with performance management systems preferred
• Proficiency in MS Office including advanced Excel skills required

Major Duties

• Develop and implement global compensation strategies
• Design salary structures and job architecture
• Oversee incentive programs (broad-based, sales, investment management, long term incentive, equity and executive)
• Oversee global market benchmarking using survey data
• Provide recommendations on pay positioning
• Analyze pay equity and compression risks
• Lead annual merit, bonus, and equity cycles
• Partner with Finance on accruals and budgets
• Develop communication materials
• Ensure proper compensation system design and administration
• Ensure compliance with global laws and regulations, SOX requirements
• Support pay equity/transparency analysis and reporting
• Maintain compensation policies and governance, execute all necessary governance (necessary governing body approvals)
• Partner with Legal and HRBP&R on risk mitigation
• Advise HR and business leaders globally
• Congduct interviewing, hiring, performance evaluation, professional development, counseling and supervision of staff
• Collaborate with HR colleagues, Finance, Payroll, and Legal
• Support M&A and organizational changes

Hours/Location

• 8:30 a.m. - 5:00 p.m. (overtime as required)
• Federated Hermes Tower – Pittsburgh, PA 15222
• Hybrid work arrangement

Explanatory Comments

• Strong analytical and problem solving skills
• Strong data analysis skills
• Proficient math and statistics skills
• Proficiency evaluating and interpreting legal compensation documents (award/equity agreements, plan documents)
• Strong communications skills (oral and written)
• Project management skills
• Ability to work both independently as well as part of a team
• Ability to effectively interact with all levels of employees and management
• Ability to handle multiple tasks simultaneously while adhering to deadlines
• Demonstrates drive and persistence in resolving problems
• Ability to work core business hours and overtime as necessary

Commencement Date

We are interested in qualified candidates who are eligible to work in the United States. However, we are not able to sponsor visas.

Equal Employment Opportunity

Federated Hermes is committed to providing equal employment opportunities in all aspects of employment to qualified individuals without regard to the following criteria: race, color, national origin, religion, sex, pregnancy, sexual orientation, gender identity or expression, mental or physical disability, age, familial or marital status, ancestry, military status, veteran status or genetic information as well as any other prohibited criteria under any local, state or federal law applicable to Federated Hermes. As part of the firm’s equal employment opportunity statement, Federated Hermes will also comply with applicable government contractor obligations, including ensuring veterans and qualified people with disabilities are considered for employment and promotional opportunities consistent with current federal, state and local laws and regulations. Federated Hermes will also make reasonable accommodations for the religious practices or beliefs of applicants and employees, as well as for mental health or physical disability needs.

To review Federated Hermes’ California Privacy Notice go to https://www.federatedinvestors.com/corporate/careers.do and select CA Applicant Notice.