Commission Manager
IPCAbout the role
IPC is a fintech company that focuses on the human element. With a global presence, we support local markets with our advanced cloud-based trading communications and managed connectivity solutions.
Through our portfolio of communications and connectivity solutions, we focus on solving business challenges and adapting to regulatory changes in the fast-paced global financial markets. This enables our clients to maintain consistent market access, a strong competitive advantage, and enhanced operational efficiency.
Join a team that is dedicated to delivering groundbreaking products and making a significant impact on our clients' success.
TITLE: Compensation Manager
DEPARTMENT: HR
REPORTING TO: Director, People Analytics, Compensation and Data
OFFICE LOCATION: New York, NY
TYPE: Full Time; Hybrid
IPC is a fintech company that focuses on the human element. With a global presence, we support local markets with our advanced cloud-based trading communications and managed connectivity solutions.
Through our portfolio of communications and connectivity solutions, we focus on solving business challenges and adapting to regulatory changes in the fast-paced global financial markets. This enables our clients to maintain consistent market access, a strong competitive advantage, and enhanced operational efficiency.
Join a team that is dedicated to delivering groundbreaking products and making a significant impact on our clients' success.
Overview of the Team
The People Analytics, Compensation and Data team manage and oversee all global compensation programs across every IPC function in alignment with our vision and objectives. In close partnership with the Global HR team and the business, the team drive systems, processes, and ways of working that enable operational excellence for our teams and data-driven decision making for our leaders.
The People Analytics, Compensation and Data team govern all variable compensation plans, including the commissions plans for our Sales Organization.
Role Overview:
The Compensation Specialist role at IPC involves a comprehensive range of responsibilities related to the compensation experience. This includes the design, implementation, documentation, reporting, and management of IPC's compensation plans.
In this role, you will:
- Engage with multi-department stakeholders and leadership to understand the philosophy and commercial reality of the business, our solutions, and our compensation plans
- Provide recommendations and drafts on commission plan amendments
- Ensure regular and thorough communications with Sales leaders and the sales force.
- Draft recommendations, process, and policy improvements in the areas of performance and compensation
- Maintain a close eye on new products and partnerships and implement these in the commissions plans and other performance and compensation instruments
- Update a mid to long-term view of the career progression of our salesforce and their compensation plans and targets
- Together with the Commissions task force, launch updated compensation plans at the beginning of each financial year
- Ensure IPC's compensation policy is competitive to the external market, being attentive to changes, providing regular competitor intelligence reviews.
- Provide ad hoc reporting support for our AMERICAS team.
- As part of the People Analytics, Compensation and Data team you will contribute and support other areas of responsibility, including:
- Performance management and evaluation
- Fixed and variable compensation plans and reporting
- Benchmarking and competitor intelligence
- Compensation assessments and analysis
- Assisting with the design, implementation, and management of systems, processes, and ways of working
- Providing ad-hoc data analysis support to the team and leadership
Essential Skills and Experience to be Successful in this Role:
- 2 years+ relevant experience
- Demonstrated ability to manage workloads; design and streamline pr
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