The Compensation Group Manager is accountable for management of complex/critical/large professional disciplinary areas. Leads and directs a team of professionals. Requires a comprehensive understanding of multiple areas within a function and how they interact in order to achieve the objectives of the function. Applies in-depth understanding of the business impact of technical contributions. Strong commercial awareness is a necessity. Generally accountable for delivery of a full range of services to one or more businesses/ geographic regions. Excellent communication skills required in order to negotiate internally, often at a senior level. Some external communication may be necessary. Accountable for the end results of an area. Exercises control over resources, policy formulation and planning. Primarily affects a sub-function. Involved in short- to medium-term planning of actions and resources for own area. Full management responsibility of a team or multiple teams, including management of people, budget and planning, to include performance evaluation, compensation, hiring, disciplinary actions and terminations and budget approval.
Responsibilities:
Aids in ensuring that the firm has competitive and cost effective reward policies and practices.
Responsible for developing and executing the firm's reward strategy, manage the key areas of reward, benefits and pensions and liaise with third parties to develop a consistent best practice approach.
Ensures that reward practices are compliant with the relevant regulatory recommendations and requirements are also covered in this function.
Applies specific functional expertise in Compensation principles, practices and procedures in the completion of complex assignments. May be responsible for designing and implementing plans for a function or business unit within a region. May develop strategy that has notable impact on compensation end results.
Coordinates annual compensation process for salary review, bonuses and stock awards.
Conducts benchmarking, market, and internal equity analyses. Performs targeted bonus and stock analyses.
Serves as a reference for salary recommendations, and perform job evaluations in connection with same.
Applies expertise in compensation principles, practices and procedures to conduct compensation and benefits programs.
Performs job and compensation analytics and develop compensation process improvements utilizing People Soft, HRIS systems, and Visual Basic.
Manages multiple projects across multiple work streams.
Provides ongoing training to compensation and HR generalist teams on variety of compensation subjects.
Provides consultation and respond to inquiries from HR generalists and business managers on compensation, recognition-related issues and process improvements.
Works closely with subject matter experts to develop and modify compensation strategy, policy and approach for Citi entities in Latin America, EMEA, Asia Pacific and North America.
Liaises with global, senior HR officials to ensure data quality, integrity and consistency during compensation analysis and program transitions.
Manages a team or multiple teams of Compensation professionals. Responsible for hiring, compensation, performance appraisals, staff development, training, etc.
Additional duties as assigned
Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding Citigroup, its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency, as well as effectively supervise the activity of others and create accountability with those who fail to maintain these standards.
Qualifications:
10+ years of experience
Proficient in Microsoft Office with an emphasis on MS Excel
Self-motivated and detail oriented
Proactive leadership and motivational skills
Consistently demonstrates clear and concise written and verbal communication skills
Proven influencing and relationship management skills
Education:
Bachelor's/University degree, Master's degree preferred
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Job Family Group:
Human Resources------------------------------------------------------
Job Family:
Compensation & Benefits------------------------------------------------------
Time Type:
Full time------------------------------------------------------
Primary Location:
Tampa Florida United States------------------------------------------------------
Primary Location Full Time Salary Range:
$130,880.00 - $196,320.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
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Anticipated Posting Close Date:
Aug 26, 2024------------------------------------------------------
Citi is an equal opportunity and affirmative action employer.
Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Citigroup Inc. and its subsidiaries ("Citi") invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity reviewAccessibility at Citi.
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