Human Capital Management (HCM) at Goldman Sachs is charged with shaping our industry-leading people strategy and is in an exciting state of transformation to do so. Nearly every program, process and tool across the division is being redesigned and deployed to deliver a best-in-class experience for our leaders and employees. As part of our transformation, we are also moving to a leading practice operating model consisting of Business Partners providing strategic coaching to business leaders, Centers of Excellence setting strategy and developing programs for HCM value streams, and a customer-facing Service Delivery Organization delivering services across the hire-to-retire lifecycle to Goldman Sachs leaders and employees.

JOB SUMMARY & RESPONSIBILITIES

YOUR IMPACT

The Firmwide Compensation function at Goldman Sachs exists to design and administer differentiated compensation programs that support the firm’s ambition to attract and retain the best global talent through fair and market-competitive pay aligned to performance, and deliver deep advisory support and insight to the Business to inform Divisional and Firmwide Compensation Strategy. This role is responsible for driving standardized processes and tools to execute a portfolio of Centralized global operations team to support compensation processes. This role will manage a team that leverages a portfolio of applications, including a global HRIS, best-in-class platform solutions in compensation, and other talent and financial reporting tools.

HOW YOU WILL FULFILL YOUR POTENTIAL

• Manage Firmwide and Regional compensation operations team that drives standardized processes and tools to execute a portfolio of centralized global compensation operations team
  • Administer firmwide compensation processes that includes Offer Letter Management, Equity Evaluation, Transfer Process Management
  • Partner with global compensation accounting teams to administer the Payroll Process, Shift allowance payments and SIP Submissions
  • Provide reconciliations and audits of compensation data to ensure data integrity e.g. Data Diagnostics and Quality Checks for yearend compensation process
  • Test and deploy compensation-related configuration in HRIS and other compensation platforms
• Partner with the Classic Firmwide Compensation team to understand compensation strategies and frameworks, and then administer end-to-end processes to deliver those strategies
• Manage the Operations team, including setting goals for individual contributors, providing coaching and direction, and managing performance
• Manage overall team capacity to ensure effective and efficient delivery, tracking and achieving targets as well as managing capacity for cyclical processes such as year-end compensation.
• Ensure all operational compensation processes meet compliance and regulatory standards and meet audit requirements
• Develop and deliver differentiated compensation services to designated talent segments, e.g. ‘white glove’ service in relation to partner queries on equity compensation

SKILLS & EXPERIENCE WE’RE LOOKING FOR

PREFERRED QUALIFICATIONS

• Approximately 9 -12 years of relevant work experience in HR Compensation and Operations
• Understanding of technology ecosystems in the compensation space, e.g. Compensation Accounting tools, Payroll, HRIS such as Oracle, 3rd party plan administrators such as Fidelity
• Leadership experience in managing a service-oriented team, in HR or other corporate function, including customer-facing services
• Minimum of 6 years of people management experience, including capacity management and coaching/skill building
• Familiarity with service level agreements and experience in tracking and meeting service targets
• Ability to handle multiple, time-sensitive tasks while ensuring the delivery of high quality work
• High level of maturity, demonstrated ability to manage confidential information, and impeccable judgment
• Thinks multiple steps ahead; prepares for potential problems and escalates issues when appropriate; and juggles competing deadlines effectively
• Highly organized, attention to detail and excellent follow-through required; Commitment to excellence and a high level of integrity
• Demonstrated client service focus
• Self-motivated and able to work in an autonomous, yet collaborative environment
• Strong verbal and written communication skills, as well as strong organizational and interpersonal skills