Mercer Advisors logo
Mercer Advisors

A family office for your family.

Senior Manager, New Partner Compensation Programs

ManagerManagerFull TimeRemoteSeniorTeam 501-1,000Since 1985H1B No SponsorCompany SiteLinkedIn

Location

United States

Posted

45 days ago

Salary

$125K - $150K / year

Seniority

Senior

Bachelor DegreeEnglish

Job Description

Senior Manager, New Partner Compensation Programs

Mercer Advisors

• Assess and diagnose current seller compensation plans. • Partner with Partner Development, Finance, People, and Legal during diligence and deal structuring to design aligned compensation approaches. • Model compensation scenarios and clearly articulate tradeoffs and considerations. • Ensure compensation commitments made during negotiations are deliberate, documented, and operationally feasible post-close. • Own and maintain clear, scalable compensation frameworks for M&A, including standard models, transition approaches, and exception criteria. • Define governance for bespoke arrangements, including tracking, sunset provisions, and conversion to standard plans. • Create repeatable playbooks, tools, and documentation used by deal teams, People Partners, Rewards, and Finance. • Develop clear education materials for incoming partners explaining Mercer’s compensation philosophy, programs, and what to expect over time. • Translate specific compensation commitments into Mercer’s compensation cycle. • Manage phased transitions, including multi-year or multi-cycle transitions. • Ensure accuracy and alignment across Compensation, Legal and Finance. • Act as the escalation owner for M&A compensation issues post-close. • Maintain a centralized, living repository of all M&A compensation commitments. • Serve as the single source of truth for historical M&A compensation decisions. • Build and maintain deep industry expertise in wealth management compensation practices, including advisor, partner, and leadership pay models. • Interact directly with sellers, acting as a credible, trusted partner. • Represent Mercer’s culture of collaboration, professionalism, and long-term partnership in all seller interactions. • Partner seamlessly internally, presenting a unified and collaborative front to sellers.

Job Requirements

  • Strong business acumen paired with compensation expertise.
  • Strong financial modeling and analytical skills.
  • Comfort operating in ambiguity and making tradeoffs.
  • High emotional intelligence and strong executive presence. Able to build trust and credibility with senior stakeholders in high-stakes situations.
  • Ability to explain complex topics clearly and simply.
  • Experience in M&A or Corporate Development environments.
  • Financial Services or Wealth Management experience preferred.

Benefits

  • Company Paid Basic Life & AD&D Insurance
  • Company Paid Short-Term and Long-Term Disability Insurance
  • Supplemental Life & AD&D; Short-Term Disability; Accident; Critical Illness; and Hospital Indemnity Insurance
  • Three Cigna medical plans offerings including two High Deductible Health Plans and a Traditional Co-Pay medical plan.
  • Kaiser Medical plans available in California
  • Health Savings Account (HSA) with company contributions if enrolled in either HDHP medical plan.
  • Two comprehensive Dental Plans
  • Vision Insurance Plan
  • Dependent Care Savings Account for child and dependent care.
  • 14 Company Paid Holidays including a full week off at Thanksgiving.
  • Generous paid time off program for vacation and sick days
  • Employee Assistance Plan
  • Family Medical Leave
  • Paid Parental Leave (8 weeks)
  • Maternity benefits utilizing company paid STD, any supplemental STD, plus Parental Leave (8 weeks) to provide time for recovery, baby bonding, and enjoying your family time.
  • Adoption Assistance Reimbursement Program
  • Company Paid Concierge Services for you and your loved ones for the spectrum of caring needs for your aging parents, young children, life’s challenges and more.
  • 401(k) Retirement Plan with both Traditional and Roth plans with per pay period match as well as an after-tax option
  • Pet Insurance
  • Personalized financial planning and guidance from Mercer Advisors professionals, offered at preferred employee pricing

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