Russell Investments is a leading outsourced financial partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 89-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is “Top 12 Ranked Consultant (2009-2024)” in P&I survey 2024 with $906 billion in assets under advisement (as of December 31, 2024) and $331.9 billion in assets under management (as of March 31, 2025) for clients in 30 countries. Headquartered in Seattle, Washington in the United States, Russell Investments has offices around the world, including London, New York, Toronto, Sydney, Tokyo, Shanghai – and has opened a new office in Mumbai, India in June 2023.
Joining the Mumbai office is an incredible opportunity to work closely with global stakeholders to support the technology and infrastructure that drives the investment and trading processes of a globally recognized asset management firm. Be part of the team based out of Goregaon (East) and contribute to the foundation and culture of the firm’s growing operations in India. The Mumbai office operates with varying shifts to accommodate time zones around the world.
For more information, please visit https://www.russellinvestments.com.
Job Description:
The Compensation Analyst will contribute to Russell Investments’ success by developing, implementing, managing, and assessing the effectiveness and competitiveness of compensation programs that support Russell Investments’ business and strategic plans.
The scope of the position includes India compensation programs as well as programs that apply globally. The successful candidate will be able to demonstrate an ability to work across the HR organization to maintain a coordinated global approach to compensation.
This role is ideal for someone eager to not only support and enhance existing programs but also to innovate and shape the future of work within our team. The successful candidate will bring expertise, fresh perspectives, and a commitment to building a best-in-class Total Rewards structure that aligns with Russell Investments’ global priorities.
The responsibilities of the individual in this position include:
- Partner with the Global Compensation Team to design and implement compensation/reward structures, programs and policies.
- Conduct a range of analyses involving the impact/effectiveness of current fixed and variable cash compensation plans, as well as the development and implementation of new programs
- Assist in the preparation and packaging of ad-hoc compensation analyses for HR Business Partners and the Talent Acquisition team
- Manage and administer internal job family framework, maintain internal compensation related files and reporting
- Conduct job evaluations and benchmark positions to assist in the budgeting and recruiting of open roles
- Evaluate job offers to internal or external candidates to ensure compensation packages proposed are competitive and align with the Russell Investments compensation philosophy
- Support the annual compensation cycle, including systems integration with the HR Workday team
- Build and maintain strong collaborative relationships with internal clients and colleagues within the HR team
The successful candidate will have extensive demonstrable skills and experiences including the following:
- 5 years’ experience in broad-based compensation analysis with a global organization or consulting firm preferred; junior profiles with strong technical skillset will be considered
- Strong analytical and quantitative skills with ability to analyze and manipulate large sets of data from different sources
- Strong MS Excel skills; comfortable with using advanced Excel functions in various analyses and preparing reports for executives
- Experience working in HRIS systems, preferably Workday
- Excellent judgment, attention to detail and problem-solving skills
- Ability to execute tasks with high levels of accuracy
- Experience with the use of compensation benchmarking surveys preferred
- Knowledge of salary management principles and incentive compensation design fundamentals, including commission plans
- Financial services industry experience is a plus
- 4 yr. college degree in Business, Finance, Data Analytics or a related field
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What We Do
Russell Investments is a leading outsourced CIO (OCIO) partner and global investment solutions firm providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Building on an 87-year legacy of continuous innovation to deliver exceptional value to clients, Russell Investments works every day to improve the financial security of its clients. The firm is the world’s sixth-largest investment adviser, with $1 trillion in assets under advisement (as of June 30, 2022) and $288.3 billion in assets under management (as of March 31, 2023) for clients in 32 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 19 cities around the world, including London, New York, Toronto, Sydney, Tokyo, and Shanghai.
