Lead Compensation Partner

Job Description

Leads the design, benchmarking, implementation, and administration of new and revised compensation programs, policies, guidelines, and procedures. Analyzes jobs, salaries, and incentives to evaluate internal equity, market competitiveness, and legal compliance of Cboe’s pay practices. Transforms raw compensation data into actionable insights.

Location: Chicago (flex hybrid)

KEY RESPONSIBILITIES

• With minimal supervision and wide latitude for independent judgment, provides consulting services to Cboe’s HR Business Partners and Talent Acquisition partners including guidance on compensation best practices, reviewing or recommending offers to new hires and adjustments for current staff, serving as the point of contact for varied levels of constituents, providing support and guidance on compensation matters.

• Leads the execution of complex compensation matters and processes including the compensation process for biannual promotions, the annual merit increase project, and the biannual short term incentive plan process.

• Responsible for the review of new and revised job descriptions, helping ensure required elements are documented and providing expertise on job classifications (such as FLSA exemption status and equivalent or similar regulations outside the US), staying up to date with all current regulations and industry best practices, emerging trends, and any changes that may affect operations.

• Supports the development, administration, evaluation and analysis of compensation programs by ensuring compensation data is accurate, consistent, and reliable, developing compensation and total rewards reporting processes, employing statistical analysis techniques to scrutinize and interpreting data to detect trends, uncover patterns, correlations, and other insights, and developing dashboards, charts, and visual aids.

• Leads periodic compensation projects and develops compensation-related communications.

• Identifies opportunities for process enhancements and maintains compensation process documentation.

• Performs other related duties as assigned or requested. The Company reserves the right to add or change duties at any time.

REQUIRED SKILLS

• Analytical mindset and ability to manage large, complex data sets with capability to critically evaluate data to derive meaningful, actionable insights.
• High proficiency in Microsoft Excel and PowerPoint
• Thorough knowledge of compensation best practices, principles, methodologies, theories
• Ability to identify and solve problems creatively.
• Knowledge of mathematics and statistical analysis, and experience presenting compensation data
• Demonstrated analytical, customer service, critical thinking, interpersonal skills, able to interface and communicate with all levels of employees in an organization
• Demonstrated project management skills, with a strong attention to detail
• Proven organizational skills with attention to detail and the ability to prioritize and work well in a fast-paced environment with competing demands and ambiguity
• Ability to stand up new process
• Experience with HRIS systems.

REQUIRED EXPERIENCE

• Bachelor’s degree in HR, business or a related discipline and minimum of 8 years of related experience or Master’s degree in HR, business, or a related discipline and minimum of 5 years of related experience
• Demonstrated data visualization and/or Excel modeling skills.

PREFERRED EXPERIENCE

• Workday and CompAnalyst experience preferred
• Experience with Europe and APAC countries preferred

Benefits and Perks

We value the total wellbeing of our people – including health, financial, personal and social wellness. We believe standard benefits like health insurance and fair pay are a given at any organization. Still, you should know we offer:

• Fair and competitive salary and incentive compensation packages with an upside for overachievement
• Generous paid time off, including vacation, personal days, sick days and annual community service days
• Flexible, hybrid work environment, where you choose where and how you work
• Health, dental and vision benefits, including access to telemedicine and mental health services
• 2:1 401(k) match, up to 8% match immediately upon hire
• Discounted Employee Stock Purchase Plan
• Tax Savings Accounts for health, dependent and transportation
• Employee referral bonus program
• Volunteer opportunities to help you give back to your communities

Some of our employees’ favorite benefits and perks include:

• Complimentary lunch, snacks and coffee in any Cboe office
• Paid Tuition assistance and education opportunities
• Generous charitable giving company match
• Paid parental leave and fertility benefits
• On-site gyms and discounts to other fitness centers

More About Cboe Global Markets

We’re reimagining the future of the workplace by focusing on what matters most, our people. Our journey is an inclusive one. We’re investing deeply in leadership programs and career development initiatives that ensure everyone has an equal chance to succeed. We celebrate the diversity in our communities, inside and out, and welcome new perspectives with equity, inclusion and belonging.

We work with purpose, solving problems with ingenuity, collaboration, and a lot of passion. We’re an engaged and excited team connecting markets across borders and embracing growth in all its forms to achieve incredible outcomes.

Learn more about life at Cboe on our website and LinkedIn.

Equal Employment Opportunity

We're proud to be an equal opportunity employer - and celebrate our employees’ differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status.

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Any communication from Cboe regarding this position will only come from a Cboe recruiter who has a @cboe.com email or via LinkedIn Recruiter. Cboe does not use any other third party communication tools for recruiting purposes.