SVP - Fidelity Workplace Consulting, Workforce Rewards Strategy and Design Leader

Fidelity will not provide immigration sponsorship for this position.

Job Description:

Fidelity is well known for its outstanding investment management and benefits outsourcing services. We also offer extensive benefits and human capital consulting services to help our clients create workplaces where people can thrive.

The Expertise We’re Looking For

• B.A. or B.S. degree in finance, business, economics, or a related field. An M.B.A. is a plus.
• 15+ years of experience providing people and rewards advisory consulting services for large, sophisticated, multinational clients, with direct business development experience to drive revenue at a top consulting firm.
• Possess deep expertise and direct client experience in compensation, including broad-based rewards and/or executive compensation and Total Rewards. Compensation experience consulting with large, global companies is preferred.
• Proven strategic leader with vision that brings state-of-the-art thinking and practices in compensation thought leadership, and develops and applies creative and practical solutions to clients’ human capital and talent management challenges.

The Purpose of Your Role

As a Senior Vice President (SVP) and Workforce Rewards Strategy and Design Leader, you will have four key areas of responsibility:

• Strategic leadership and planning: You will lead the vision, business strategy and growth plan for the Rewards Practice’s compensation advisory services. This includes understanding and evaluating client needs that drive demand for compensation consulting support, establishing an annual revenue growth goal, and applying your growth strategy and vision to profitably grow the practice and drive sustainable revenue. As a senior leader, you’ll also identify and spearhead new opportunities for growth—for example, through additional consulting solutions, products, and partnerships. You’ll also play a key role in coaching team members to help them develop the skills and subject matter expertise needed to provide valuable insights and services to our clients and achieve their own career vitality and growth at Fidelity.
• Consulting sales and delivery: You will have an individual sales goal and will be responsible for leading the sales and delivery of compensation advisory services. You’ll have a vision on how to best navigate this increasingly complex marketplace and how to effectively guide the design, development and implementation of customized compensation strategies and Total Reward programs​. You’ll lead the development of advisory sales materials and client proposals and will partner with consulting colleagues and managing/account directors to expand existing client relationships and introduce new clients to the firm.
• Business contributions and thought leadership: You will serve as a compensation subject matter expert and thought leader across a broad spectrum of offerings including:​
  • Benchmarking, design and implementation of variable compensation programs, including short- and long-term compensation, sales compensation and bonus plans
  • Design and development of recommendations for compensation structures and competitive markets, and creating or providing updates to job architecture, career pathing, and salary structures​
  • Utilization of market data and surveys to make recommendations regarding changes in salary plans

The Skills You Bring

• You are recognized as highly credible when dealing with senior level client contacts. You are highly collaborative but have the perspective and the confidence to appropriately challenge assumptions and influence outcomes at all levels​.
• You possess well-developed analytical and problem-solving skills and have the ability to understand each client’s business needs to propose the best solutions. You enjoy seeking answers to workforce-related challenges and strive to deliver innovative solutions to clients tailored to their business needs.
• You possess a commercial outlook, understand human behavior, and use that knowledge to influence and craft people strategies that have substantial impact on business outcomes.
• You have proven leadership skills including relationship building, influencing, and negotiation, and you welcome ownership of revenue and client delivery outcomes.
• You have a keen interest and commitment to helping others succeed and a demonstrated ability to work with and influence others across groups.

The Value You Will Deliver

• Collaborating with colleagues in Fidelity Workplace Consulting to identify client challenges and craft solutions.
• Leading efforts to secure new business for consulting and the broader organization.
• Building, leading and growing client relationships by delivering a superior level of customer satisfaction with every engagement, and identifying opportunities to introduce new consulting capabilities.
• Defining scope, managing budgets, and shaping client deliverables created by team members, giving feedback and guidance to them in a way that encourages their continuous growth and development.
• Creating sustainable and profitable client relationships and ensuring quality work products are delivered.
• Contributing to thought leadership across consulting and Fidelity.
• Working with other areas across Fidelity to deliver integrated solutions.
• Managing associates and mentoring all those with whom you work.

How Your Work Impacts the Organization

Fidelity Workplace Consulting advises clients on the management of their domestic and global compensation and benefits programs and the engagement and performance of their people. We are a fast-growing business within Fidelity. Most of our team comes from other leading consulting firms. While we focus on working with the Fortune 1000, we also work with Fidelity clients of all sizes. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting

Fidelity’s Onsite Working Model Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Certifications:

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Benefits that balance life and work

From our fully paid parent leave to our on-site health and wellness centers, our benefits support the belief that more balance you have, the better you can achieve your goals.

Company overview

At Fidelity, we are passionate about making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. We are proud of our diverse and inclusive workplace where we respect and value our associates for their unique perspectives and experience.

Reasonable accommodations

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation contact the HR Accommodation Team by sending an email to [email protected], or by calling 800-835-5099, prompt 2, option 3.

Equal opportunity employer

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop, and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Applicant screening

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

AI Guidelines

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Bachelor's degree in finance, business, economics or related field; 15+ years consulting experience with large multinational clients; deep expertise in compensation and total rewards; proven strategic leadership; U.S. work authorization without sponsorship.

Key Responsibilities

• leading strategy
• selling consulting services
• developing compensation programs

Job Details

• Category: Business Operations
• Seniority: Senior Level
• Commitment: Full Time
• Workplace: Remote — Merrimack, New Hampshire, United States
• Salary: USD 185,000 – 400,000 / year
• Languages: English

Benefits

• Generous paid time off
• Tuition reimbursement
• Retirement plan
• Generous parental leave

About Fidelity Investments

A privately held financial services company providing investment management, benefits outsourcing, and human capital consulting services. — Industry: Finance