Associate, Compensation Advisory Ii

6 months ago

Pune, India The Bank of New York Mellon Corporation Full time

**Associate, Compensation Advisory II**

**_Bring your ideas. Make history. _**
BNY Mellon offers an exciting array of future-forward careers at the intersection of business, finance, and technology. We are one of the world's top asset management and banking firms that manages trillions of dollars in assets, custody and/or administration. Known as the “bank of banks” - 97% of the world’s top banks work with us as we lead and serve our customers into the new era of digital.

With over 238 years of rich history and industry firsts, BNY Mellon has been built upon our proven ability to evolve, lead, and drive new ideas at every turn. Today, we’re approximately 50,000 employees across 35 countries with a culture that empowers you to grow, take risks, experiment and be yourself. This is what **#LifeAtBNYMellon **is all about.

We’re seeking a future team member for the role of **Associate II **to join our **Compensation Advisory team **. This role is located in **Pune - HYBRID.**

The Corporate Compensation group develops, drives and manages compensation strategy and infrastructure to include delivery, reporting, policy, analytics, systems, operations, data management and market intelligence. This role, reporting into the head of market intelligence, will be responsible for supporting the team with the delivery of compensation market intelligence analytics and survey submissions.

**Key responsibilities include**:

- Collect competitive market pay and performance data through compensation surveys, prepare survey submissions leveraging benchmarking software.
- Supporting the delivery of compensation survey submissions to external vendors.
- Maintaining and updating internal data and external benchmarks in the company’s compensation benchmarking system.
- Partner with the business compensation analysts on the delivery of ad hoc benchmarking analyses.
- Conduct compensation modeling and analysis.
- Support the annual salary range review and salary increase budgeting process.
- Study market trends; collaborate with team to present findings and recommendations.

**What you’ll need**:

- Bachelor’s degree or the equivalent combination of education and experience is required.
- 4-6 years of total work experience preferred. Demonstrated knowledge of technical and legal aspects of Compensation and HR preferred.
- Strong Microsoft Excel skills (ability to create dynamic formulas)
- HR System experience (Oracle HCM) preferred.
- Experience with compensation surveys preferred.
- Ability to maintain discretion with extremely confidential information.
- Ability to build trust-based relationships compensation team members.
- Strong organizational, analytical, and written communication skills

**Our Benefits**:
BNY Mellon offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life’s journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves that can support you and your family through moments that matter.

BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.

**BNY Mellon is an Equal Employment Opportunity/Affirmative Action Employer. Minorities/Females/Individuals With Disabilities/Protected Veterans.**

**Our ambition is to build the best global team - one that is representative and inclusive of the diverse talent, clients and communities we work with and serve - and to empower our team to do their best work. We support wellbeing and a balanced life, and offer a range of family-friendly, inclusive employment policies and employee forums.

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