Sales Compensation Governance Specialist

Consults business leaders on the organization's compensation strategies programs, policies and processes. Oversees the analysis of budgets and plans within various pay programs. Links external best practices to internal compensation processes.

Top skills include

• Project management skills - ability to develop and successfully execute project plans that drive stakeholders toward recommended solutions in a highly collaborative environment.
• Stakeholder management / persuasion & influence skills - ability to identify and successfully manage the complex needs of key stakeholders, including executive audiences, while also advancing the business goals of the department.
• Leadership - ability to informally lead or organize peers to solve business needs; adaptable and can successfully navigate ambiguous problems.
• Communication skills - ability to summarize complex concepts with clear and succinct writing and/or data visualization for audiences ranging from peers to the senior executive table.
• Problem-solving and analytical skills - experience building user-friendly workbooks and cost models in excel is preferred.
• Prior compensation experience - ability to meet the technical needs of the role including the support of policy development and implementation; experience specific to sales compensation or in compensation consulting is a plus.

Core Responsibilities

• Team lead on sales compensation governance - manages and supports the enterprise ecosystem of sales remuneration committees and supporting stakeholders; oversees and provides reporting on the implementation of our enterprise philosophy and guiding principles with sales compensation (and recommends enhancements when appropriate); maintains our policies/methodologies specific to sales compensation on periodic processes such as benchmarking and executes directly and/or through other Total Rewards teams.
• Supports teammates with the periodic administration of sales compensation plans - e.g. processing of sales bonus payments to crew through the Xactly ICM and the design of sales incentives and annual bonus plans.
• Oversees the data within the HRIS to ensure the accuracy of compensation information including merit and incentive calculations, approvals for award payments, and payment records.
• Coaches and contributes to the development of compensation analysts.
• Participates in special projects and performs other duties as assigned.

Qualifications

• Five years related work experience, with at least Two years of Compensation experience.
• Undergraduate degree or equivalent combination of training and experience. Graduate degree preferred.
• Progress toward CCP preferred.

Special Factors

Sponsorship

Vanguard is not offering visa sponsorship for this position.

About Vanguard

We are Vanguard. Together, we're changing the way the world invests.

For us, investing doesn't just end in value. It starts with values. Because when you invest with courage, when you invest with clarity, and when you invest with care, you can get so much more in return. We invest with purpose - and that's how we've become a global market leader. Here, we grow by doing the right thing for the people we serve. And so can you.

We want to make success accessible to everyone. This is our opportunity. Let's make it count.

Inclusion Statement

Vanguard's continued commitment to diversity and inclusion is firmly rooted in our culture. Every decision we make to best serve our clients, crew (internally employees are referred to as crew), and communities is guided by one simple statement: "Do the right thing."

We believe that a critical aspect of doing the right thing requires building diverse, inclusive, and highly effective teams of individuals who are as unique as the clients they serve. We empower our crew to contribute their distinct strengths to achieving Vanguard's core purpose through our values.

When all crew members feel valued and included, our ability to collaborate and innovate is amplified, and we are united in delivering on Vanguard's core purpose.

Our core purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success.

How We Work

Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.