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Director, Compensation Partner (Investment Management)

Company: Franklin Resources, Inc
Location: San Mateo
Posted on: March 20, 2023

Job Description:

We respect the privacy of candidates for employment. The Privacy Notices set forth how we will use the information we obtain when you apply for a position through this career site. If you do not consent to the terms of your country's respective Privacy Notice, please do not submit information to us . Director, Compensation Partner (Investment Management) page is loaded Director, Compensation Partner (Investment Management) Apply locations San Mateo, California, United States of America time type Full time posted on Posted Yesterday job requisition id 848900 At Franklin Templeton, everything we do is focused on one thing - delivering better client outcomes. We do that by partnering closely with our clients, assessing their strategic needs, and identifying the solution or solutions that can meet the challenge. Over 9,500 employees working in 30 countries around the world are dedicated to servicing investment solutions for our clients in more than 155 countries. For more than 75 years our success has been a direct result of the talent, skills and persistence of our people, and we are looking for qualified candidates to join our team.We are looking for a Director, Compensation Partner to join our Compensation team to be based in San Mateo, reporting to the VP, Compensation. The Compensation Partner will lead a small team and provide expertise and strategic direction to drive best in class compensation programs for our Public Markets group within the Investment Management line of business.This position will be located in San Mateo with potential to work remote if based on the west coast. What are the ongoing responsibilities of this position?

  • Provide expert consultation, influence, analysis, and recommendations on compensation practices and pay for our investment teams within our Public Markets, Investment Management line of business.
  • Act as the primary compensation partner for the investment management business, serve as a strategic advisor on compensation practices and the pay landscape both internally and externally.
  • Lead a team as well as play a lead role in the design, delivery, and management of compensation programs across Investment Management business including constructing offers for senior hires, facilitation of the year-end pay process, and providing individual employee compensation recommendations (particularly for key leadership roles).
  • Recognize the implications of emerging industry trends, actively assesses the competitive landscape and regulatory/governmental fronts and articulates the impact they have to the business and on compensation practices.
  • Exhibit strong knowledge of various incentives schemes and industry best practices specific to the investment management and/or financial services industries. Understand and can advise on various pay components and practices such as performance fees, deferral schemes, vesting schedules, etc.
  • Understand where to source and extract optimal market data and pay practices specific to the Investment Management business.
  • Partner with HR, finance and legal counterparts and clients to drive compensation outcomes across the business.
  • Actively involved in year-end planning and drafting strategies for assigned business units or region/s for effective allocation of awards. What ideal qualifications, skills & experience would help someone to be successful in this role?
    • Minimum 10 years of proven compensation experience.
    • Previous experience in Investment Management or Financial Services industries is required.
    • Demonstrated ability to build relationships with and influence people at all levels of the organization.
    • Ability to deal with ambiguity and develop a course of action.
    • Negotiates well in difficult situations and drives for results in a collaborative way.
    • Leader with player/coach mentality and leadership experience managing a team.
    • Excellent verbal and written communication, presentation, and interpersonal skills:
    • Advanced Microsoft Excel for analysis
    • Advanced PowerPoint to communicate your ideas.Compensation Range: Along with base compensation, other compensation is offered such as a discretionary bonus, 401k plan, health insurance, and other perks. There are several factors taken into consideration in making compensation decisions including but not limited to location, job-related knowledge, skills, and experience. At Franklin Templeton, we apply a total reward philosophy where all aspects of compensation and benefits are taken into consideration in determining compensation. The salary, benefits and variable rewards will reflect the seniority of the position and a competitive market rate. We expect the salary for this position to range between $165k to $230k.#DIRECTOR#LI-Hybrid What makes Franklin Templeton unique? In addition to the dynamic and professional environment at Franklin Templeton, we strive to ensure that our employees have access to a competitive and valuable set of Total Rewards -the mix of both monetary and non-monetary rewards provided to you in recognition for your time, talents, efforts, and results. .Highlights of our benefits include:
      • Three weeks paid time off the first year
      • Medical, dental and vision insurance
      • 401(k) Retirement Plan with 85% company match on your pre-tax and/or Roth contributions, up to the IRS limits
      • Employee Stock Investment Program
      • Tuition Assistance Program
      • Purchase of company funds with no sales charge
      • Onsite fitness center and recreation center
      • Onsite cafeteriaWe believe that being a good corporate citizen is good business. To us, corporate citizenship means being accountable, serving our clients, being an employer of choice, managing our environmental impact, and supporting our communities . An emphasis on corporate citizenship is embedded in our culture and values, and is an important element of how we achieve success.We are also committed to your learning and development with resources focused around Experience, Exposure, and Education, to help you achieve your professional development goals.Franklin Templeton is an Equal Opportunity Employer. We are committed to equal employment opportunity for all applicants and existing employees and we evaluate qualified applicants without regard to ancestry, age, color, disability, genetic information, gender, gender identity, or gender expression, marital status, medical condition, military or veteran status, national origin, race, religion, sex, sexual orientation, and any other basis protected by federal, state, or local law, ordinance, or regulation. We invite you to visit us at Franklin Templeton Careers to learn more about our company, career opportunities and recruitment process.Franklin Templeton is committed to fostering a diverse and inclusive environment. If you believe that you need an accommodation to search for, or apply for, one of our positions please send an email to accommodations@FranklinTempleton.com . In your email, please include the accommodation you are requesting and the job title and job number you are applying for. It may take up to three business days to receive a response to your request. Please note that only requests for accommodations will receive a response. About Us We embrace individual differences and the wealth of perspectives brought by global diversity. And, though we are all different, we have one thing in common: we are dedicated to what we do. We've built a uniquely collaborative culture that allows us to ask fresh questions in a safe environment and harness our best thinking. So whether you are at the beginning of your professional journey, further along, or looking for a new direction, you will have all the support you need to grow your career with us. 0:00 -/ - 2:14 Get to know us better

Keywords: Franklin Resources, Inc, San Mateo , Director, Compensation Partner (Investment Management), Human Resources , San Mateo, California

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