Senior Compensation and Benefits Specialist

Are you passionate about shaping reward frameworks that support business strategy and enable sustainable growth?

As Senior Compensation & Benefits Specialist in our Center of Excellence (CoE), you will play a key role in developing, governing, and executing Bavarian Nordic’s global rewards agenda, ensuring consistency, compliance, and strong business alignment across the organization.

You will own and drive core compensation, incentives, and benefits processes globally, partner closely with senior leaders, HRBPs, Finance, and external stakeholders, and contribute directly to executive and Board-level compensation governance.

Key responsibilities

• Total Rewards Strategy & Governance
  Develop and execute the total rewards agenda and ensure alignment with organizational priorities and the CoE roadmap. Ensure simple, compliant compensation processes globally, and promote consistency across regions. Own and maintain the global pay philosophy, pay ranges, and level assessments, ensuring market alignment and internal consistency.
   
• Collaboration & Leadership
  Act as the Senior Rewards Expert within the CoE and guide and develop the compensation and benefits specialist. This includes supporting the specialist with leading the annual salary review, bonus review, and LTI warrant processes, including forecasting of warrant requirements for the AGM. Contribute across adjacent areas such as systems, analytics, and broader P&O initiatives.
   
• Executive compensation
  Manage executive compensation, including preparation of the annual remuneration report and NomCom materials.
   
• Compensation & Incentives
  Ensure incentives are focused on and aligned with business needs. Own and maintain severance policy and ensure consistency. Support negotiations related to collective bargaining where relevant.
   
• Benefits & Pensions
  Own and maintain global benefits programs, including pensions and insurances, in collaboration with third-party vendors. Lead benefit reviews to ensure relevance, competitiveness, and consistency across regions.
   
• Pay Transparency & Compliance
  Own pay transparency processes and respond to complex questions related to fair pay. Ensure simple, compliant compensation processes globally and support ESG reporting, including quarterly gender and CEO/employee pay gap calculations. A dedicated project manager is implementing pay transparency enabled by a new Workday module, and while you are expected to be a significant contributor, you are not owning the implementation.

• Stakeholder & Vendor Management
  Partner with business leaders, HRBPs, Finance, and external advisors. Manage relationships with benefits providers, benchmarking partners, and other external vendors. Participate in Rewards Steering Committees and cross-functional governance forums.
   

How to be successful in this role
To succeed, you proactively drive rewards initiatives that balance business needs, governance, and employee experience. You bring strong analytical and stakeholder skills, ensure consistency across complex compensation landscapes, and communicate confidently with executive leadership and governance bodies. You are comfortable operating in a listed-company environment and translating regulatory and market requirements into pragmatic rewards solutions.
Key competencies

• Strong expertise in compensation and rewards, including STI, LTI, and forecasting
• Experience with executive compensation and NomCom processes in listed companies
• Ability to prepare and present materials at Board and Executive level
• Strong cross-functional collaboration and stakeholder management skills
• Good understanding of pay transparency, fair pay, and regulatory requirements
• Strategic mindset combined with strong analytical and business acumen

Experience with mergers or integrations, as well as familiarity with Workday and project management, is considered an advantage but not required.
 

Join our Center of Excellence team
The CoE consists of highly experienced professionals working with rewards, P&O systems, analytics, development, and talent. We align organizational capabilities with Bavarian Nordic’s strategy and address gaps by developing and deploying global P&O frameworks, tools, systems, and processes. For issues spanning multiple business units, we own and drive the solutions.

You will report to Sr. Director, Center of Excellence.
What’s in it for you?

• Make a tangible impact on how rewards support Bavarian Nordic’s strategy and long-term success
• Allow you to operate as an expert at Senior Manager level without having direct reports
• Work closely with senior leaders and governance bodies in a global, listed company
• Enjoy a flexible, hybrid working model
   

Ready to make a difference? Apply now
We are interviewing on an ongoing basis and look forward to receiving your CV. A cover letter is not required.
 

We kindly request that headhunters or recruitment agencies refrain from contacting us regarding this position.

Bavarian Nordic is a global vaccine company with a mission to improve health and save lives through innovative vaccines. We are a preferred supplier of mpox and smallpox vaccines to governments to enhance public health preparedness and have a leading portfolio of travel vaccines. We are headquartered in Denmark and have manufacturing, research, and sales offices across Europe and North America.

Bavarian Nordic is an Equal Opportunity Employer. All qualified applications will receive consideration for employment and will not be discriminated against based on race, color, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.

For more information, visit www.bavarian-nordic.com

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