Opportunity Overview
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Corporate Title: Vice President
Office Location(s): Birmingham
Job Function: Firmwide Compensation
Division: Human Capital Management Division
Our Impact
As a division, HCM is at the forefront of supporting business growth and change at Goldman Sachs by recruiting, developing, and rewarding its people. Our teams advise, design, and implement strategies, processes, and technologies that help our people advance professionally, drive productivity, and enable the firm and our clients to achieve superior results.
The Firmwide Compensation Team develops and implements our compensation philosophy, policies, and practices globally, supporting our efforts to attract and retain top talent. This role involves handling confidential information and requires a unique skill set to deliver effective solutions across diverse issues. Collaboration with departments such as Controllers, Legal, and Tax is essential, along with providing support to HCM functions including Business Partners, Recruiting, Employee Relations, and others.
The ideal candidate will leverage their expertise to assist in designing and delivering comprehensive compensation programs for over 6,000 employees in the region, serving as a key member of the EMEA Compensation team.
Principal Duties and Responsibilities
- Serve as a strategic advisor to Divisions for designing and implementing compensation programs, partnering with HCM to advise and deliver solutions.
- Oversee region-specific compensation programs and processes, such as the Currency Election Program, aligning with firm and divisional strategies.
- Collaborate with consultants to benchmark compensation in financial services and related markets, preparing findings for stakeholders.
- Partner with cross-functional HCM teams to structure new hire packages and transfer salaries.
- Support compensation matters related to EMEA jurisdictions, including payroll, equity valuations, audits, and offer letter templates.
- Assist with year-end compensation processes, including total compensation recommendations and communication.
- Coordinate with HCM on office build-outs or acquisitions within EMEA.
- Work with HCM Engineering on system enhancements and automation to improve efficiency.
- Identify opportunities for process improvements, driving change and creating efficiencies across the function.
- Coordinate with divisional HCM, Tax, Legal, and Controllers on compensation issues as needed.
Skills & Experience
- Bachelor's degree in Business Administration, Finance, HR, or related field.
- 7+ years of relevant experience, preferably in compensation.
- Proficiency in analyzing large datasets and presenting insights clearly, with strong Excel skills.
- Ability to manage multiple projects with attention to detail and quality.
- Knowledge of Executive Compensation practices and European remuneration regulations is a plus.
- Excellent communication skills and ability to build relationships across teams.
- Strategic thinker, proactive problem-solver, and effective at managing deadlines.
- Ability to work independently and collaboratively in a fast-paced, global environment.