Compensation Associate

at  PIMCO

PIMCO is a global leader in active fixed income with deep expertise across public and private markets. We invest our clients’ capital across a range of fixed income and credit opportunities, leveraging our decades of experience navigating complex debt markets. Our flexible capital base and deep relationships with issuers have helped us become one of the world’s largest providers of traditional and nontraditional solutions for companies that need financing and investors who seek strong risk-adjusted returns.
Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

JOB DESCRIPTION

Support the strategy development, design, implementation, administration, and governance of compensation programs for PPRE globally. This role, reporting to the Executive Vice President, Head of HR for PPRE, with a functional reporting line into the Senior Vice President, Head of EMEA & APAC Compensation for PIMCO, will provide analytical and consultative support to ensure all programs align with corporate business objectives, are effective in attracting, rewarding, and retaining key talent, and are fully compliant with local legal and regulatory requirements. This is a highly analytical and collaborative role, providing key data analysis and recommendations for business groups, HR and other cross-functional teams in support of core compensation processes.

REQUIREMENTS

• BA/BS in related field.
• Financial services or asset management experience preferred.
• Experience in European regulatory regimes desirable.
• Excel proficiency is required; compensation system experience preferred.
• Workday and / or beqom experience is preferred.
• 3+ years’ compensation experience in a fast paced, complex organization.
• Exceptional analytical and process execution skills.
• Experience supporting change in a dynamic, multi-business, global environment.
• Aptitude for balancing multiple priorities with strong organization and prioritization capability.
• Results oriented, with demonstrated ability to deliver on commitments.
• German / French as additional language is preferred.
  Equal Employment Opportunity and Affirmative Action Statement
  PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.
  Applicants with Disabilities
  PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.

• Become a subject matter expert in compensation related HR processes, using this knowledge and data to introduce process efficiencies, analyze and identify trends, and make informed decisions to drive improvement.
• Establishing global standards in compensation across numerous locations globally, whilst ensuring local requirements and regulations are adhered to. Providing key data analysis and consultative support for the design and implementation of corporately aligned, locally relevant compensation programs.
• Support the management of the compensation strategy that is fully aligned globally, motivates performance, is fiscally responsible, and supports the attraction and retention of high performing talent.
• Provide support for all compensation related European regulatory reporting, and global reporting requirements as necessary.
• Support the execution of core corporate compensation processes including job architecture and compensation structure design and maintenance, management of merit and incentive planning, market analysis, key hire offers, and variable pay program governance support.
• Key contributor in cyclical exercises including job matching for market data purposes and the annual pay review process.
• Oversee position management and alignment to approved budget.
• Support compensation related communication and education programs to ensure understanding by employees.
• Provide analysis and recommendations to support the resolution of compensation related issues.
• Monitor local market trend information to ensure compensation programs are competitive and responsive to both corporate and local business unit needs.
• Stay current on compensation trends and support assessments of the effectiveness of existing compensation policies, guidelines and procedures, recommending revisions as needed, in support of the strategic objectives and evolving external requirements.
• Provide process management and actionable analytics in support of core compensation processes.
• Maintain and support internal compensation related tools.