Global Head of Total Rewards - Senior Vice President

iCapital is powering the world’s alternative investment marketplace. Our financial technology platform has transformed how advisors, wealth management firms, asset managers, and banks evaluate and recommend bespoke public and private market strategies for their high-net-worth clients. iCapital services approximately $113 billion in global client assets invested in 942 funds, as of January 2022.

iCapital was named Solutions Provider of the Year at the 2020 MMI/Barron’s Industry Awards and selected to the 2018, 2019, 2020 and 2021 Forbes FinTech 50, a list of the top 50 innovative financial technology companies that are transforming finance through technology.

About the Role

iCapital Network is seeking a high-performing global benefits and compensation expert to manage, develop, and expand our compensation and benefits philosophy to support our rapidly growing company. This newly created position will work closely with the Human Resources and Finance teams to drive innovative solutions and execute a compelling total rewards strategy making benefits, wellness, and total rewards a part of the talent acquisition and employee experience.

Reporting into the Chief People Officer, the SVP will work amongst a talented team of HR professionals who are making an impact at iCapital. We are looking for someone who is passionate about plan design, implementation, management and ongoing evaluation of our compensation and benefits programs. The ideal candidate must be both strategic and hands on in managing all facets of compensation and benefits (health, wellness, retirement, and leave programs). S/he will use an innovative approach to ensure our compensation and benefit offerings are competitive, drive business results, and enhance our culture. They will be the point person in conducting regular compensation analyses to determine market competitiveness and internal equity.

Responsibilities

• Lead the global benchmarking, data analysis, program development, and operational/administrative processes for broad-based compensation, medical, dental, disability, and other health & welfare benefits offerings
• Implement the compensation function including base salary, incentive compensation; sales compensation, equity administration; market data survey selection and participation
• Lead the annual year-end compensation process including the implementation and continuous administration of the company’s compensation system, providing support to the business and HR throughout the process.
• Provide information, analysis, and implementation support for all M&A transactions from diligence through integration
• Assists HR team in the market evaluation of jobs and review of jobs from a legal compliance and FLSA perspective.
• Partner with external Benefits administrator to keep abreast of the market, making recommendations to supplement and update offerings and policies to stay competitive and provide services aligned with employee needs.
• Manage and maintain benefit programs such as retirement plans, leave policies, wellness programs, and insurance policies.
• Manage annual open enrollment as well as develop and implement enrollment campaign and initiatives
• Manage FMLA, family leave and other leave policies to ensure leaves are documented, communicated, and administered consistent with company policies and with compassion and empathy.
• Make effective use of EAP, mental health, and other behavioral programs as part of overall employee wellness.
• Ensure compliance with relevant laws pertaining to compensation and benefits, in partnership with HR, Legal, and outside counsel; ensure all benefit program documentation and notices are updated and distributed.
• Able to travel to our offices across the tri-state (CT, NJ, NY) as needed

Qualifications

• Minimum 15+ years of previous experience, 7+ years of global experience, in similar roles focusing on compensation, benefits, and wellness programs; international experience is required.
• In-depth knowledge of benefits programs (health, wellness, and retirement plans), leave policies, and related benefits law (i.e., FSA/HSA programs, COBRA, FMLA)
• Experience building compensation packages and bonus programs for various departments and levels in a rapidly changing organization
• Strong understanding of external marketplace and dynamics influencing business; stays abreast of trends and changes in the regulatory environment
• Intermediate/advanced Microsoft Office with a priority on Excel skills and proficient in HRIS, Compensation, Benefits, Payroll, and 401k systems
• Experience with end-to-end management and reporting of employee data and ensuring data integrity across HRIS systems and manual spreadsheets
• Understands and applies effective ch