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Compensation Associate

ExperiencedNo visa sponsorship
Millennium logo

at Millennium

Hedge Funds

Posted 14 days ago

No clicks

**Compensation Associate**: Manage traders' and senior portfolio managers' compensation data with accuracy and confidentiality. Maintain and validate data, analyze information, and coordinate multi-level approval workflows. Drive process improvements and collaborate with cross-functional teams. Must have 5-6 years' experience in compensation, finance, accounting, or related fields, plus strong analytical skills, attention to detail, and finesse with advanced Excel. Experience with Appian or similar tools is preferred, as is exposure to front-office compensation processes.

Compensation
Not specified

Currency: Not specified

City
Not specified
Country
Not specified

Full Job Description

Compensation Associate

We are looking to hire Compensation Associate to join our Compensation Operations team. This role sits at the intersection of compensation, finance, data quality, and operational process management, supporting compensation data and workflows for Traders and Senior Portfolio Managers.

This is an excellent opportunity for professionals with 56 years of experience in compensation, finance, accounting, or operations who enjoy working in a detail-oriented, high-accountability environment. The role requires strong analytical capability, comfort working with sensitive compensation information, and the ability to navigate complex workflows and approval processes.

Key Responsibilities

  • Manage and maintain compensation-related data for Traders and Senior Portfolio Managers with a high degree of accuracy and confidentiality.
  • Review, validate, and capture compensation metrics, relative terms, and supporting data within Appian.
  • Ensure strong data quality, completeness, and consistency across compensation records and approval workflows.
  • Analyze compensation-related information, including legal terms and conditions, in partnership with relevant stakeholders.
  • Apply compensation, finance, and accounting knowledge to support accurate interpretation and processing of compensation data.
  • Coordinate items through multi-level approval workflows, ensuring timely and accurate execution.
  • Partner with the Product / Technology team to identify system gaps and help define enhancements where current tools do not fully capture required information.
  • Support process improvement initiatives to strengthen controls, efficiency, and scalability within compensation operations.
  • Collaborate with Compensation, Finance, HR, Legal, Operations, and business stakeholders as needed.

Required Qualifications

  • 56 years of relevant experience in Compensation, Compensation Operations, Finance Operations, Accounting, HR Operations, or a related function.
  • Strong understanding of compensation processes, metrics, and data management.
  • Solid knowledge of finance and/or accounting fundamentals.
  • Ability to review and interpret terms and conditions related to compensation or contractual arrangements.
  • Strong attention to detail and commitment to data accuracy and process control.
  • Experience working with workflow or process management tools such as Appian or similar systems is preferred.
  • Advanced Excel / spreadsheet skills and comfort working with structured data.
  • Strong analytical, organizational, and stakeholder management skills.
  • Excellent verbal and written communication skills.

Preferred Qualifications

  • Experience supporting compensation processes for front-office populations, including Traders or Portfolio Managers.
  • Exposure to incentive compensation, variable pay, or deferred compensation processes.
  • Experience contributing to system enhancement, business requirement gathering, or process redesign initiatives.
  • Background in asset management, investment management, banking, or financial services is a plus.

What Were Looking For

We are seeking professionals who combine compensation knowledge, operational discipline, and strong data judgment. The ideal candidate is comfortable handling sensitive information, working across multiple stakeholders, and improving processes in a controlled, fast-paced environment.

Compensation Associate

Compensation

Not specified

City: Not specified

Country: Not specified

Millennium logo
Hedge Funds

14 days ago

No clicks

at Millennium

ExperiencedNo visa sponsorship

**Compensation Associate**: Manage traders' and senior portfolio managers' compensation data with accuracy and confidentiality. Maintain and validate data, analyze information, and coordinate multi-level approval workflows. Drive process improvements and collaborate with cross-functional teams. Must have 5-6 years' experience in compensation, finance, accounting, or related fields, plus strong analytical skills, attention to detail, and finesse with advanced Excel. Experience with Appian or similar tools is preferred, as is exposure to front-office compensation processes.

Full Job Description

Compensation Associate

We are looking to hire Compensation Associate to join our Compensation Operations team. This role sits at the intersection of compensation, finance, data quality, and operational process management, supporting compensation data and workflows for Traders and Senior Portfolio Managers.

This is an excellent opportunity for professionals with 56 years of experience in compensation, finance, accounting, or operations who enjoy working in a detail-oriented, high-accountability environment. The role requires strong analytical capability, comfort working with sensitive compensation information, and the ability to navigate complex workflows and approval processes.

Key Responsibilities

  • Manage and maintain compensation-related data for Traders and Senior Portfolio Managers with a high degree of accuracy and confidentiality.
  • Review, validate, and capture compensation metrics, relative terms, and supporting data within Appian.
  • Ensure strong data quality, completeness, and consistency across compensation records and approval workflows.
  • Analyze compensation-related information, including legal terms and conditions, in partnership with relevant stakeholders.
  • Apply compensation, finance, and accounting knowledge to support accurate interpretation and processing of compensation data.
  • Coordinate items through multi-level approval workflows, ensuring timely and accurate execution.
  • Partner with the Product / Technology team to identify system gaps and help define enhancements where current tools do not fully capture required information.
  • Support process improvement initiatives to strengthen controls, efficiency, and scalability within compensation operations.
  • Collaborate with Compensation, Finance, HR, Legal, Operations, and business stakeholders as needed.

Required Qualifications

  • 56 years of relevant experience in Compensation, Compensation Operations, Finance Operations, Accounting, HR Operations, or a related function.
  • Strong understanding of compensation processes, metrics, and data management.
  • Solid knowledge of finance and/or accounting fundamentals.
  • Ability to review and interpret terms and conditions related to compensation or contractual arrangements.
  • Strong attention to detail and commitment to data accuracy and process control.
  • Experience working with workflow or process management tools such as Appian or similar systems is preferred.
  • Advanced Excel / spreadsheet skills and comfort working with structured data.
  • Strong analytical, organizational, and stakeholder management skills.
  • Excellent verbal and written communication skills.

Preferred Qualifications

  • Experience supporting compensation processes for front-office populations, including Traders or Portfolio Managers.
  • Exposure to incentive compensation, variable pay, or deferred compensation processes.
  • Experience contributing to system enhancement, business requirement gathering, or process redesign initiatives.
  • Background in asset management, investment management, banking, or financial services is a plus.

What Were Looking For

We are seeking professionals who combine compensation knowledge, operational discipline, and strong data judgment. The ideal candidate is comfortable handling sensitive information, working across multiple stakeholders, and improving processes in a controlled, fast-paced environment.