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Director, Executive Compensation

BlackRock
New York City, United Statesfull_timeVerifiedPosted 24 Jul 2024
💰 $230,000/yr($170,000/yr$230,000/yr)

About the role

About this role

We are recruiting for a Director to join our Executive Compensation team.

As an Executive Compensation professional within BlackRock's Global Human Resources department, you will work with a team of HR professionals in a fast-paced and dynamic work environment. The role will support other Total Reward partners to deliver effective solutions and advice to the business on aspects related to executive compensation within BlackRock's total rewards programs.

Key Job Responsibilities:

  • Advise management on all executive and non-employee director compensation matters, including but not limited to latest market practice, regulatory changes, proxy changes/enhancements

  • Assist planning, preparation, and distribution of meeting materials for the Management Development & Compensation Committee of the Board of Directors as well as for ad hoc executive compensation-related inquiries

  • Gather and help prepare relevant regulatory filings and reporting information such as the CD&A section of the proxy statement, client RFP responses relating to compensation, etc.

  • Monitor and recommend design enhancements to executive pay programs where market and regulatory environment may deem necessary to remain competitive or compliant

  • Provide analytical support for the design and administration of firmwide incentive and executive compensation programs

  • Assist in strategic initiatives across the Compensation team, including M&A and special incentives, and other ad hoc key initiatives that may require cross coordination within Compensation and across HR

  • Research, gather, and synthesize business-level and firm-level performance data in support of BlackRock’s pay-for-performance philosophy

  • Analyze financial metrics, stock price performance, and executive pay including equity

  • Proactively liaise with partners in Finance, Strategy, Legal, and other functions as needed

  • Liaise with incentive plan participants/executives around compensation with clear and confident communication, both written and verbal

  • Become a “super-user” with the Compensation System

Skills and Requirements:

  • Bachelor’s degree (or equivalent)

  • Candidate must have at least 12 years of Compensation experience with at least 5 years of involvement with executive compensation (financial services and/or consulting experience a plus)

  • Strong analytical, research, and problem-solving skills

  • Excellent communication skills being able to express complex thoughts clearly and convincingly in written, in-person, and in group settings

  • Strong project management, planning, organizational, and time management skills

  • Discretion in dealing with confidential information and senior level leaders

  • Able to deal with complex financial/compensation data, work independently and meet tight deadlines combined with high degree of accuracy and attention to detail

  • Self-starter and thrives in a team-oriented environment

  • Able to navigate through ambiguity; flexible and adaptable to change

  • Advanced proficiency with MS Office (Excel, PowerPoint, Outlook, Word, etc.)


 

For New York City only: The salary range for this position is $170,000 - $230,000. Additionally, employees are eligible for an annual discretionary bonus, and benefits including heath care, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.

Our benefits

To help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.

Our hybrid work model

BlackRock’s hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person – aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model t

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Company

BlackRock

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