Director, Compensation

About this role

BlackRock has developed an industry-leading HR organization led by premier HR talent, which recently earned us a spot in Indeed’s 50 Top-Rated Workplaces of the Fortune 500. As the lifeblood of BlackRock, we are committed to you, your success, and the other talented people who make BlackRock a great place to work. Developing a strong, diverse workforce for the future is not only an HR-wide but a firm-wide key business priority, as it’s critical to our continued success.

The Compensation team is responsible for being a steward of our Pay for Performance philosophy which directly connects individual, business and company results to employee compensation.  As the Lead Compensation Partner for our Global Client Business (GCB), this role will work closely supporting our Sales and Client businesses and will also contribute to the global policies and practices across the firm.

As a member of the Global Compensation team at BlackRock, you will work with a team of professionals in a fast-paced and dynamic work environment. The role will support senior executives, cross functional partners, and HR Business Partners to deliver solutions that drive business results and advise on all aspects of BlackRock's compensation programs.

Key Job Responsibilities:

• Become a trusted partner and provide strategic and analytical support for the design, implementation, and administration of global compensation programs, working with senior leaders, colleagues, and partners across BLK

• Independently navigate through a variety of complex problems by leveraging deep relationships with stakeholders

• Lead the GCB annual planning, preparation, and process of allocating the corporate bonus pool and base salary budget at year-end

• Build a strong partnership with teams and individuals both inside and outside of HR / Reward, including finance, tax, legal, and others to help synthesize information for senior leaders around forecasting and budgeting

• Report on compensation trends, outcomes and provide insights through out the year and at year-end

• Additional duties will include driving the development and implementation of other firm-wide and business-specific initiatives

• Lead and mentor more junior colleagues

• This role is a critical role for HR / Reward and will have direct management responsibilities

Skills and Requirements:

• Bachelor’s degree (or equivalent).

• Advanced proficiency with MS Excel required – nested “if” statements, formatting, analyzing large amounts of data, etc.

• Compensation/Finance experience or related field desired (financial services and/or consulting experience preferred)

• Deferred compensation experience preferred

• Strong analytical, research, and problem-solving skills

• Extraordinary communication and presentation skills, with the ability to convey complex concepts simply to various audiences

• Strong project and time management skills, with an emphasis on being organized, detail-oriented, deadline-driven

• Demonstrates discretion in handling confidential information and interfacing with senior-level leaders

• Demonstrates leadership qualities that are inclusive, curious and open-minded

• Possesses a self-starter work ethic yet thrives in a collaborative environment

• Ability to navigate through ambiguity and remain flexible and adaptable amidst change

• Experience with Human Resources Information Systems (e.g., Workday, etc.) preferred

 

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 remai