Global Funding & Deferred Compensation Manager Hybrid

Job Description

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud to provide innovative financial services and guidance to the worlds most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 yearsof financial experience and over 22,000 partners, we serve the worlds most sophisticated clients using leading technology and exceptional service. Role Responsible for developing the strategic funding plan for Northern Trust including all aspects of deferred compensation plans. Develops and implements new and revised compensation programs, policies, and procedures to align with the companys strategic goalsand competitive practice The key Responsibilities of the Role include: - Responsible for aligning the incentive accruals and annual funding with relative performance - Responsible for compensation funding materials for senior management and for the BoD Human Capital Compensation Committee - Responsible for ensuring company compensation short-term and long-term programs are consistently administered in compliance with internal policies and government regulations. - Directs the management and professional staff in the planning, design, financial management, communication, and administration of compensation plans - Carries out complex initiatives involving multiple disciplines in order to support the execution of strategic direction of business function activities - Displays a balanced, cross-functional perspective, liaising with the business to improve efficiency, effectiveness and productivity - Develops the business unit strategic plan and sets goals and priorities based on the direction set for the unit. Follows through to ensure that objectives are met - Provides leadership and guidance to staff, fostering an environment that encourages employee participation, teamwork, and communication. Skills/Qualifications The successful candidate will benefit from having: - Technical expert with in-depth knowledge in area of Compensation and strong knowledge of other HR areas - Strong leadership and team management capabilities - Strong analytical skills and ability to interpret and communicate data - Excellent written, presentation and communication skills; experience conducting presentations to peers and/or senior management - Strong interpersonal skills and ability to work effectively with senior management, clients, HR management and staff - Demonstrated ability to consult and interface with all levels of management and apply influencing skills - Critical attention to detail - demonstrated ability to consistently deliver at a high level of accuracy - Highly proficient in Microsoft products, including Excel - Excellent time management skills and ability to plan and set priorities Experience - BS/BA in relevant field is preferred. 10 or more years of experience in HR and related compensation experience is preferred. Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas. Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose. Wed love to learn more about how your interests and experience could be a fit with one of the worlds most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater Reasonable accommodationNorthern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at . We hope youre excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people. Apply today and talk to us about your flexible working requirements and together we can achieve greater.