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Posted 9 days ago
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The role of **Human Capital Management, Firmwide Compensation, Associate, New York City/Dallas** offers a unique opportunity for a detail-oriented professional to join Goldman Sachs' HCM division. This position is responsible for providing analytical support for compensation program design, financial modeling, market benchmarking, and cross-functional team coordination. Key skills required include proficiency in Excel, strong written and verbal communication, strategic problem-solving, and the ability to handle multiple projects. A Bachelor's degree in an analytical field and 3+ years of relevant experience are preferred.
- Compensation
- $85,000 – $140,000 USD
- City
- New York City
- Country
- United States
Currency: $ (USD)
Full Job Description
Human Capital Management, Firmwide Compensation, Associate, New York City/DallasNew York, NY, United States
Opportunity Overview
CORPORATE TITLEAssociate
OFFICE LOCATION(S)New York, Dallas
JOB FUNCTIONFirmwide Compensation
DIVISIONHuman Capital Management Division
SALARY RANGEUSD 85,000 - 140,000
HUMAN CAPITAL MANAGEMENT
Our division recruits, develops and rewards the people of Goldman Sachs. Our teams advise, design and implement strategies, processes and technologies that help our people advance professionally, drive productivity and help the firm and our clients achieve superior results. We look for individuals with strong problem solving and analytical skills, innovative thinking and intellectual curiosity who want to make an impact on the success of the firms most valuable asset, our people.
The Firmwide Compensation Team drives the development and implementation of our compensation philosophy, policies, and practices around the world, supporting our best efforts to attract and retain the best talent available. This function requires liaising with other departments such as Controllers, Legal, and Tax and will also involve providing support to other HCM functions, including HCM Business Partners and Business Compensation, Recruiting, Executive Compensation, Equity Compensation, Global Mobility Services, and Analytics teams.
JOB SUMMARY & RESPONSIBILITIES
- Provide analytical support for the design of compensation programs, ensuring all project deliverables align with divisional requirements and firmwide standards.
- Develop and maintain financial models to project the cost of compensation policies; assist in the preparation of implementation roadmaps and process documentation.
- Coordinate annual market benchmarking cycles by submitting data to external consultants and performing analysis of market trends to identify competitive gaps.
- Partner with cross-functional HCM teams to advise on all compensation matters for current employees and new hires
- Identify opportunities to streamline data collection and reporting; assist in the testing and implementation of automated compensation tools and HRIS enhancements.
- Monitor and report on hiring and attrition metrics; prepare data visualizations and summary tables that highlight market movement for senior leadership review.
- Support the firmwide compensation process with a focus on data analytics, governance, and effective implementation of processes
QUALIFICATIONS
- Bachelors degree in an analytical field such as Finance, Accounting, Mathematics, or a related field in HR
- 3+ years of relevant work experience
- Comfortable working with and analyzing large sets of data and presenting results that tell a clear and compelling story; preference for individuals with strong PowerPoint skills
- Ability to work with Excel on a day-to-day basis, strong preference for individuals to be comfortable doing macros, vlookups, and pivot tables
- Ability to handle multiple, time-sensitive projects while focusing on the quality of work delivered to clients
- Highly organized, attention to detail and excellent follow-through required
- Thinks multiple steps ahead; prepares for potential problems and escalates issues when appropriate and manages competing deadlines effectively
- Strong written and verbal communication skills and ability to develop relationships with professionals across several HCM groups and act as an effective liaison to meet client needs
- Ability to work well both independently and in a global team environment
ABOUT GOLDMAN SACHS
At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world.
We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers.
Were committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html
The Goldman Sachs Group, Inc., 2023. All rights reserved.
Goldman Sachs is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veterans status, disability, or any other characteristic protected by applicable law.
We Offer Best-In-Class Benefits
Healthcare & Medical Insurance
We offer a wide range of health and welfare programs that vary depending on office location. These generally include medical, dental, short-term disability, long-term disability, life, accidental death, labor accident and business travel accident insurance.
Holiday & Vacation Policies
We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.
Financial Wellness & Retirement
We assist employees in saving and planning for retirement, offer financial support for higher education, and provide a number of benefits to help employees prepare for the unexpected. We offer live financial education and content on a variety of topics to address the spectrum of employees priorities.
Health Services
We offer a medical advocacy service for employees and family members facing critical health situations, and counseling and referral services through the Employee Assistance Program (EAP). We provide Global Medical, Security and Travel Assistance and a Workplace Ergonomics Program. We also offer state-of-the-art on-site health centers in certain offices.
Fitness
To encourage employees to live a healthy and active lifestyle, some of our offices feature on-site fitness centers. For eligible employees we typically reimburse fees paid for a fitness club membership or activity (up to a pre-approved amount).
Child Care & Family Care
We offer on-site child care centers that provide full-time and emergency back-up care, as well as mother and baby rooms and homework rooms. In every office, we provide advice and counseling services, expectant parent resources and transitional programs for parents returning from parental leave. Adoption, surrogacy, egg donation and egg retrieval stipends are also available.
Benefits at Goldman Sachs
Read more about the full suite of class-leading benefits our firm has to offer.
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