Director, Total Rewards

Cetera Financial Group is undertaking a search for a Director of Total Rewards with a strong focus on variable compensation with the experience and skills to work across other areas of Reward, managing strategic initiatives and reward-related aspects of Mergers & Acquisitions (M&A).

What you will do:

• Oversee Variable Compensation, covering the development and execution of variable and sales compensation programs.
• Develop plans that meet business requirements while driving standardization.
• Oversee quarterly (and monthly) plan calculations.
• Collect and analyze existing sales plans data to assess opportunities, trends, and outcomes.
• Conduct ROI analysis and evaluate sales plans and outcomes annually to determine if they are meeting objectives and recommend improvements.
• Collaborate with business insight and data teams to ensure high quality, reliable business/KPI data.
• Ensure plans meet compliance and legal standards.
• Support and drive Reward aspects of M&A and broader strategic initiatives.
• M&A work may include:
• Collaborating closely with key stakeholders including Leadership, HR, Finance and Corporate Development teams on M&A to assess Due Diligence findings and pre-integration requirements / activities for buy-side transactions, handling multiple concurrent deals.
• Collaborating with HR leadership and Corporate Development teams to develop comprehensive compensation and incentive proposals for M&A target teams, including equity transition structures (if any).
• Assessing Benefits alignment between the target / acquired company, identifying differences, proposing how we bridge any significant gaps and develop onboarding and integration actions necessary to ensure a smooth transition and employee experience.
• Ensuring high-quality and consistent analysis of target company data to identify potential HR-related risks and exposures, including equity, retirement/pensions, change in control, severance, among others.
• Working closely with the HR M&A lead, create and enhance scalable diligence playbooks and best practices for Reward with a focus on leveraging automation and scalable innovation whenever feasible.
• Broader strategic initiatives may include:
• Partnering with HR business partners, advising and influencing business leaders in compensation strategy, programs, and issues.
• Collaborating with the Talent Acquisition team to develop competitive offers rooted in market data while aligning with our compensation philosophy for new hires and existing employees.
• Ensuring alignment with pay and benefits compliance to country-specific regulated programs.
• Partnering with the Head of Total Rewards in preparing materials for Board of Directors compensation committee meetings and participate in meetings as required.
• Developing a playbook and tools for providing scalable, repeatable, and transferable processes for the Total Rewards team.
• Partnering with the Director of Benefits & Payroll to analyze and benchmark data, and identify trends and best practices to continually bring new ideas and strategies to the health and well-being initiatives.

What you will need to have:

• 7-10 years' relevant experience in Variable Compensation as well as 3-5+ years in broader reward practices and M&A.
• Expertise in the development of strategy and administration of compensation and benefits.
• Significant compensation and benefits plan experience, as well as tax and regulatory knowledge in varied States.
• Executive compensation experience is a plus.
• Demonstrated understanding of the complexity of business on a global scale.
• Ability to embrace cultural and individual differences with empathy.
• Work effectively with the nuances of specific local cultures to make informed decisions.

Compensation:

The salary range for this role is $190,000 - $210,000, plus competitive performance-based bonus. Compensation packages are based on a wide array of factors unique to each candidate, including but not limited to skill set, years and depth of experience, certifications, and specific office location. Compensation ranges may differ in differing locations due to cost of labor considerations.

#LI-Hybrid

ABOUT US

What we give you in return:

Not many teams can say that they support people’s dreams coming to life… We happen to do that every day. And as important as we know your career is, we recognize that there’s a whole lot more to life. To ensure that our Employees can make the most of their time outside of working hours, we offer a competitive salary and for full-time roles, a benefits package including:

• Inclusive health, dental, vision and life insurance plans built to support diverse lifestyles, offer preventative care, and protect against hardship
• Easy access to mental health benefits to meet our team members and their families where they are
• 20+ days of paid time off (PTO), paid holidays, and 2 days of paid volunteer time off (VTO) to give our employees the time they need to stay close with their loved ones, recharge, and give back to their communities
• 401(k) Savings plan with a generous company contribution (up to 5%), and access to a financial professional to offer our employees the opportunity to plan-ahead for a strong financial future well beyond their working years
• Paid parental leave to support all team members with birth, adoption, and foster
• Health Savings and Flexible Spending Account options to help you save money on healthcare, daycare, commuting, and more
• Employee Assistance Program (EAP), LifeLock, Pet Insurance and more

About Cetera Financial Group:

Cetera Financial Group® ("Cetera") is a leading network of independent retail broker-dealers empowering the delivery of objective financial advice to individuals, families and company retirement plans across the country through trusted financial advisors and financial institutions. Cetera is an independent financial advisor network and a leading provider of retail services to the investment programs of banks and credit unions.

Through its multiple distinct firms, Cetera offers independent and institutions-based advisors the benefits of a large, established broker-dealer and registered investment adviser, while serving advisors and institutions in a way that is customized to their needs and aspirations. Advisor support resources offered through Cetera include award-winning wealth management and advisory platforms, comprehensive broker-dealer and registered investment adviser services, practice management support and innovative technology.

"Cetera Financial Group" refers to the network of retail independent broker-dealers encompassing, among others, Cetera Advisors, Cetera Advisor Networks, Cetera Financial Institutions, Cetera Financial Specialists, and First Allied Securities.

Cetera Financial Group is committed to providing an equal employment opportunity for all applicants and employees. For us, this is the only acceptable way to do business. Accordingly, all employment decisions at the Cetera Financial Group, including those relating to hiring, promotion, transfers, benefits, compensation, and placement, will be made without regard to race, color, ancestry, national origin, citizenship, age, physical and/or mental disability, medical condition, pregnancy, genetic characteristics, religion, religious dress and/or grooming, gender, gender identity, gender expression, sexual orientation, marital status, U.S. military status, political affiliation, or any other class protected by state and/or federal law.

Agencies please note: this recruitment assignment is being managed directly by Cetera’s Talent Acquisition team. We will reach out to our preferred agency partners in the rare instance we require additional talent options. Your respect for this process is appreciated.

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