Compensation Manager

Compensation Manager Job Number... 3252958 POSTING DATE: Jun 18, 2024 PRIMARY LOCATION: Americas-United States of America-New York-New York EDUCATION LEVEL: Bachelor's Degree JOB: Other EMPLOYMENT TYPE: Full Time JOB LEVEL: Director DESCRIPTION The Compensation team specializes in ensuring the firm has competitive and cost-effective compensation policies and practices. Responsible for compensation implementation (e.g., salary, annual and long-term incentive), program design, and administration for exempt and non-exempt staff, Year End management, Regulatory filings, Market data, Compensation accruals and Committee/Board Level meetings. Functions within the Compensation team include the BU compensation team and the Regulatory Remuneration team. Morgan Stanley's Rewards & Analytics is seeking a HR professional with 5-7 years of compensation-related experience to join the Investment Management Compensation team. The primary functions of the group include, but are not limited to: - Compensation expense planning/forecasting, coordinating monthly bonus accrual, and preparation of base salary budgets - all with accompanying analytics • Facilitate the year-end salary and bonus processes • Preparation of compensation related modelling and analytics to create senior management exhibits and presenting to management teams to make critical business decisions • Preparation of a wide variety of human capital analytics • Collaboration with various partners, including Finance, Payroll, Executive Compensation, and Business-specific and firmwide Compensation Teams • Market Data Coordination and Vendor Relations QUALIFICATIONS > Bachelor's Degree > 2-3 Years Professional Related Work Experience > Ability to develop analytics from multiple streams of data, interpret & analyze trends, develop meaningful story/recommendation and communicate the information in a logical concise way > Must have ability to manage projects in addition to daily responsibilities, ensuring accurate delivery of product to senior management and external stakeholders > Strong process and project-management skills with ability to manage multiple projects simultaneously, re-prioritize as needed and problem-solve autonomously > Strong client focus and team player > Must have superior attention to detail > Excellent verbal and written communications skills in English with ability to convey complex ideas clearly & concisely > Strong Microsoft Excel skills and exposure to Microsoft Access preferred > Interest in learning new systems and technologies > Enjoy high-volume, fast-paced, and dynamic environment > Approaches work with mindset to continuously improve and streamline processes Expected base pay rates for the role will be between $85,000 and $135,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs. Morgan Stanley’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees. It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the base of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by the law. Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet