Focus Financial Partners

Established in 2004, Focus Financial Partners operates as a global collective of independent wealth management firms, stewarding over $400 billion in client ass

VP of Compensation

Location

United States

Posted

39 days ago

Salary

$180K - $200K / year

Seniority

Lead

Bachelor Degree10 yrs expEnglish

Job Description

VP of Compensation

Focus Financial Partners

• Own and execute end-to-end compensation planning cycle, including Workday configuration, data validation, governance, and stakeholder alignment. • Serve as the functional lead for Workday Compensation, including design, configuration, and optimization of compensation modules and planning cycles. • Partner with HR Operations to design and implement job architecture and leveling frameworks, ensuring alignment with compensation strategy, salary structures, and internal equity. • Drive broad-based compensation strategy, including base salary, annual incentives, and workforce segmentation. • Develop reporting and dashboards to enhance data transparency, support decision making, and improve the efficiency of compensation processes. • Partner with HR and business leaders to build, standardize, and scale compensation practices across a multi-entity environment. • Lead market benchmarking and pay equity analyses, translating insights into actionable recommendations. • Establish and maintain governance frameworks to ensure consistency, compliance, and disciplined execution of compensation programs across entities. • Build processes that enable efficient administration and data integrity across compensation programs. • Support executive compensation programs as needed, in partnership with senior leadership. • Stay informed on market trends, regulatory developments, and best practices in broad-based compensation, incentive pay, and executive compensation within the industry. • Partner with Finance, Legal, and HR leaders to ensure alignment between compensation strategy, budgets, and overall business strategy. • Provide coaching and training to HR and business leaders on compensation practices and policies. • Build strong relationships with leaders in both wealth management and business management lines to address their unique needs.

Job Requirements

  • 10+ years of progressive compensation experience, with a strong focus on broad-based compensation and program execution.
  • Demonstrated experience leading compensation planning cycles in a complex, multi-entity environment.
  • Deep understanding of job architecture, leveling, and salary structure design.
  • Hands-on experience with Workday Compensation (required), including configuration and execution of compensation planning cycles.
  • Strong analytical skills and problem-solving skills with the ability to translate data into actionable insights.
  • Experience building or transforming compensation programs, processes, or infrastructure in a complex environment.
  • Proven ability to operate in a fast-paced, high-growth, and decentralized organization.
  • Demonstrated ability to influence and build consensus with senior leaders.
  • Bachelor’s degree in Human Resources, Finance, Business, or related field required; Master’s degree or CCP (Certified Compensation Professional) preferred.

Benefits

  • Annual cash bonus
  • Comprehensive benefits package including medical, dental, vision, and life insurance
  • 401(k) plan

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