Corporate Title: Associate / Vice President
Department: Reward, Human Resources
Location: New York
The pay range for this position at commencement of employment is expected to be between $130K and $150K/year* (see below footnote for additional compensation and benefits information). Department overviewThe Reward Advisory team, forms part of the broader Group Reward function within Human Resources supporting Nomura's businesses with global compensation and people-based analytics. The role will support the Americas reward agenda, delivering compensation based advisory services and analytics to the HR Business Partners and regional leadership.
Objectives critical to success:- Knowledge of financial services compensation practices, including variable and fixed pay structures.
- Partner with HR Business Partners and Division leaders to implement and govern Nomura's global compensation program.
- Ability to build and maintain complex bonus modelling based on business KPIs and performance metrics.
- Support the Year End Cycle, focussing on bonus allocations and salary modelling, working closely with HR Business Partners and COOs.
- Responsible for pool tree management, compensation statement production, and global bonus pool management.
- Conduct competitive benchmarking, matching, and survey analysis to evaluate the competitiveness of the Nomura's fixed pay ranges and total compensation levels for new hires and annual review cycles.
- Support the business with HR and Compensation based analytics that drive business decisions.
- Liaise with Finance, HR, Business Managers & Strategy colleagues to support business-based analytics on people data, providing guidance and support as required.
- Provide accurate and timely HR data and analysis to support the budgeting and hiring planning processes, in addition to regular HR metrics monitoring headcount movement throughout the year.
- Work with HR stakeholders in designing and implementing analytics that identify and address business issues.
Skills, experience, and knowledge required:- 4+ years in compensation within a financial services environment and/or complex multinational organisation.
- Experience of delivering a front to back year-end compensation processes.
- Knowledge and experience of working with Market Data providers, ideally McLagan / Wills Towers Watson.
- Ability to build strong relationships as a trusted compensation advisor to senior management.
- Strong numerical and analytical abilities, including deep technical expertise in Microsoft Excel.
- Preparation of presentations / communications materials for senior executive audiences.
- Comfortable with working under pressure analysing large volumes of data from multiple sources.
Nomura Leadership Behaviors Explore Insights & Vision - Identify the underlying causes of problems faced by you or your team and define a clear vision and direction for the future.
Making Strategic Decisions - Evaluate all the options for resolving the problems and effectively prioritize actions or recommendations.
Inspire Entrepreneurship in People - Inspire team members through effective communication of ideas and motivate them to actively enhance productivity.
Elevate Organizational Capability - Engage proactively in professional development and enhance team productivity through the promotion of knowledge sharing.
Inclusion - Foster a culture of inclusion and psychological safety in the workplace and cultivate a "Risk Culture" (Challenge, Escalate and Respect).
*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors".
