State Street Bank International GmbH
HR Compensation Consultant m/f/d, Assistant Vice President
With immediate effect we are looking for an experienced Compensation Consultant to support our Global Human Resources / Total Rewards team in Frankfurt, working closely with the appointed Remuneration Officer. The role will report into the Head of EMEA Regulatory Compensation in Edinburgh with a matrix dotted reporting line into the Head of HR Germany in Frankfurt.
Why this role is important to us
The team you will be joining plays an important role in the overall success of the organization. Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. To make that happen we need teams like yours to help navigate employees and the organization as a whole. In your role you will strive for cutting-edge solutions, that are straightforward and scalable. You will help us build resilience and execute day to day deliverables at our best.
Join us if making your mark in the financial services industry from day one is a challenge you are up for.
About State Street
What we do. State Street is one of the largest custodian banks, asset managers and asset intelligence companies in the world. From technology to product innovation, we’re making our mark on the financial services industry. For more than two centuries, we’ve been helping our clients safeguard and steward the investments of millions of people. We provide investment servicing, data & analytics, investment research & trading and investment management to institutional clients.
What you will be responsible for
As Compensation Consultant you will
Provide comprehensive support on all aspects of EU and regional remuneration regulation
Review and provide support on the impact of evolving regulatory requirements (e.g. EBA's guidelines on remuneration under CRD V, IFD)
Interpret, analyze, develop, implement, execute, and document all regulatory remuneration requirements for several legal entities
Support Identified Staff processes by managing inputs, preparing technical materials for senior stakeholders and communications for impacted individuals
Provide support to the Remuneration Committee including ownership of agendas, scheduling meetings, coordinating inputs and preparation/review of materials in close cooperation with the appointed Remuneration Officer
Focus on Risk Excellence and support the proactive and effective management of remuneration risk by the first line of defense
Ensure timely update and approval of relevant remuneration policy documents, regulatory reporting and remuneration disclosures; look to achieve consistencies and standardize where possible
Lead or support ad-hoc projects and provide support to wider EMEA Total Rewards team as required
Be a primary point of contact for external and regulatory audit of remuneration for the covered legal entities; responsible for Global Human Resources input into the regular audit routine
Focus on client service delivery and relationship management
Be able to put forward ideas and suggestions to improve policies, processes and procedures
What we value
These skills will help you succeed in this role
Excellent time management and organizational skills; ability to work independently
Strong communication skills and ability to influence at all levels
Proactive and highly motivated team-player with strong analytical skills
Commercial thinker and strong multi-tasker
Education & Preferred Qualifications
Successfully completed Bachelor’s and/or Master’s degree or comparable education
Track record in Total Rewards / Compensation within a fast-paced, international, financial services or consultancy organization ideally
Knowledge of EU banking and asset management remuneration regulation
Expertise in applying the German Remuneration Code and German Banking Act
Understanding of co-determination (works council) and German corporate and supervisory law
Experience with stakeholder management
Proficient knowledge of Excel and PowerPoint
Fluency in German and English
What we offer
Flexible working time
Work from home days might be possible depending on the role
Between 37,5 – 40 working hours per week depending on location and legal entity
Pension plan offering
Wellbeing & health programs (anonymous Employee Assistance Program, PME Family Service, trainings)
Group accident insurance
Regular performance reviews and structured performance management
Personal development possibilities and extensive web based training catalogue
Free German and English language classes
Global Inclusion, Global Outreach and Corporate Citizenship programs
Dynamic, diverse, international, and multicultural working environment with English company language
Work, Live and Grow. We make all efforts to create a great work environment. Our benefits packages are competitive and comprehensive. Details vary by location, but you may expect generous medical care, insurance and savings plans, among other perks. You’ll have access to flexible Work Programs to help you match your needs. And our wealth of development programs and educational support will help you reach your full potential.
Inclusion, Diversity and Social Responsibility. We truly believe our employees’ diverse backgrounds, experiences and perspectives are a powerful contributor to creating an inclusive environment where everyone can thrive and reach their maximum potential while adding value to both our organization and our clients. We warmly welcome candidates of diverse origin, background, ability, age, sexual orientation, gender identity and personality. Another fundamental value at State Street is active engagement with our communities around the world, both as a partner and a leader. You will have tools to help balance your professional and personal life, paid volunteer days, matching gift programs and access to employee networks that help you stay connected to what matters to you.
State Street is an equal opportunity and affirmative action employer.
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