Strategic Incentives Group - Global Compensation Management , VP

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
 

The Vice President, Global Compensation Management (GCM) role will assist in the development, implementation and administration of a full range of compensation programs. This role will report directly to the Global Head of Compensation Management in the Strategic Incentives Group. This position will support a few of Blackstone’s Investment businesses and will provide advice and strategic guidance on pay decisions, pay policy and guidelines, and design and delivery of creative solutions to specific compensation-related initiatives. In addition, the Vice President, GCM role will manage various compensation activities to include market surveys, year-end process management, and other compensation projects in partnership with the HR Business Partners.
Responsibilities:

• Provide strategic direction, planning, and guidance to execute the design, implementation, communication, and administration of Blackstone Investment Professional’s compensation programs.

• Provide solutions that are consistent with Blackstone's compensation philosophy, business needs, federal and state regulations.

• Ensure compensation is competitive with the marketplace, internal equity/fairness while recognizing the need for cost stewardship. Ensures compliance and consistency with U.S. and global policies, procedures, and processes.

• Manage the process of market benchmarking and market analysis, analyze data, and present findings and recommendations.

• Manage annual compensation planning process for employees in collaboration with the business and HR team. 

• Prepare compensation analyses and manage various compensation projects in support of the business.

Requirements:

• Bachelor's degree from an accredited institution required, with a focus in Business Administration/ Finance preferred.

• 8+ years of progressive compensation experience.

• Extensive experience working with multiple rewards and recognition programs.

• Must possess a strong business and / or financial background and strong analytical skills, using both qualitative and quantitative data.

• Overall HR experience and comprehensive understanding of compensation practices, programs, and plans.

• Knowledge of federal and state laws and regulations relating to compensation (FLSA and DOL).

• Requires excellent knowledge of Microsoft Excel, PowerPoint, Word, and Office.

• Consultative and collaborative. Ability to communicate (verbal / written) in a direct, concise manner, ability to interact with professionals at all levels, strong ability to effectively communicate with a wide variety of partners/ stakeholders.

• Demonstrated strong process/ project management skills, and attention to detail.

• Compensation certification CCP or PHR/ SPHR highly desired.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Expected annual base salary range:

$135,000 - $225,000

Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables.
Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please email Human Resources at [email protected].

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions;

• Marketing Blackstone funds to new or existing clients;

• Supervising or training securities licensed employees;

• Structuring or creating Blackstone funds/products; and

• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.

Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.
To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.