Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management. Our core activities are safeguarding assets, lending money, making payments and accessing the capital markets on behalf of our clients.
Citi’s Mission and Value Propositionexplains what we do and Citi Leadership Standards explain how we do it. Our mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We strive to earn and maintain our clients’ and the public’s trust by constantly adhering to the highest ethical standards and making a positive impact on the communities we serve. Our Leadership Standards is a common set of skills and expected behaviors that illustrate how our employees should work every day to be successful and strengthens our ability to execute against our strategic priorities.
Diversity is a key business imperative and a source of strength at Citi. We serve clients from every walk of life, every background and every origin. Our goal is to have our workforce reflect this same diversity at all levels. Citi has made it a priority to foster a culture where the best people want to work, where individuals are promoted based on merit, where we value and demand respect for others and where opportunities to develop are widely available to all.
Overview: In North America, HRPS is based in Tampa, FL and delivers a full range of HR services to the majority of Citi employees. The scope of work for the Compensation Sr. Manager includes management of a team of compensation analysts who are aligned across businesses (ICG, Consumer, EO&T, GF) and provide compensation operational support to Compensation Advisors and and HR Generalists. In addition, this role is also responsible for leading and implementing global compensation initiatives and projects while fostering adoption of efficient and common practices, systems and technology solutions. The position reports into the Head of HR Professional Services.
Lead a team of 17 analysts that support global and/or domestic businesses for Citi and ensure planning of HRPS resources against business needs.
Partner with multiple global and regional Compensation Heads to deliver all aspects of operational compensation including incentive pool and merit pool modeling, market pricing and analysis, compensation and market data systems administration, Job leveling, FLSA reviews, annual compensation cycle, offer consultations, job data audits and clean ups
Manage successful implementation of the HR/comp strategy by being a trusted partner with the Compensation Advisor teams and other key stakeholders.
Participate in/Lead global change initiatives critical to transformation efforts for the compensation function. Examples of initiatives include implementation of a new market data system, creation of salary structure, redesign of the job leveling parameters, creation of automated tools and decommissioning of offline databases.
Identify key comp issues and trends with short and long range impact to the business, foster consensus amongst Sr Compensation Advisors on decision making to align comp initiatives across business lines.
Create operational efficiency by identifying streamlining opportunities and influence global and regional compensation heads to adopt and implement.
Continue to evaluate HRPS Operating Model for maximum efficiency and standardization. Evaluate the type of work being performed to identify additional areas of work appropriate to transition to HRPS. Manage the migration and set-up of new work to HRPS Comp
Strong people and project management experience
Innovative mindset with ability to exercise analytical/strategic thinking
Fundamental knowledge of all rewards disciplines (e.g. core compensation, executive compensation, equity, mobility, employment legal/regulatory environment etc).
Proven influence and consultative, relationship management, interpersonal, coaching and collaboration skills.
Ability to influence various stakeholders across cultures and levels without direct authority
Results oriented with ability to meet deadlines while dealing with multiple priorities
Flexible demeanor and demonstrated ability to work as a team
Strong work ethic and professional integrity
Bachelor's degree required
7-10+ years of experience