Owings Mills, MD
There is a place for you at T. Rowe Price to grow, contribute, learn, and make a difference. We are a premier asset manager focused on delivering global investment management excellence and retirement services that investors can rely on today and in the future. The work we do matters. We invite you to explore the opportunity to join us and grow your career with us.
The Sr. Compensation Analyst, in partnership and consultation with HR Business Partners (HRBPs) and Sr. HR Consultants, supports the design, implementation and maintenance of effective compensation programs for assigned global client groups. The Sr. Compensation Analyst acts as an expert on compensation trends in the external market and consultant to their respective clients to ensure that T. Rowe Price programs are appropriately aligned to our strategy.
- Manages compensation processes for assigned global client groups including year-end compensation processes, benchmarking, offer analyses, and periodic reporting for HR Partners and senior management
Establishes working relationships with HR partners and business leaders to support manager understanding of how to best utilize programs to meet their needs
Independently researches and analyzes external market data on compensation trends. When necessary, may work with outside consultants to conduct special studies or gathers competitive intelligence to contribute to the development and implementation of compensation programs that align with business needs
Assesses programs and offerings to ensure alignment with Total Rewards strategy, evolving business needs and that they are culturally/market relevant
May serve as a subject matter expert on other related projects. Partners and collaborates on projects, including establishing a project plan, coordinating and managing resources, etc
Understands data requirements and creates presentations to display information accurately, communicate succinctly, and help influence decision making
Provides ad hoc consultative guidance or analyses to managers, HR Business Partners and other HR COE partners on compensation questions. Issues handled are frequently complex and often require creative solutions and independent analytical thought
May also be responsible for supporting the design and operationalization of a specific firmwide compensation program
Bachelor’s degree, preferably in Business, Psychology, Human Resources, or related field, or the equivalent combination of education and relevant experience AND 5+ years of total relevant work experience
CCP (Certified Compensation Professional) recipients and candidates preferred
5+ years of experience in compensation and/or financial analysis, preferably in the asset management and/or financial services
Ability to communicate with multiple levels, including with HR colleagues and Business Unit Leaders/ Managers
Solid knowledge of compensation processes and practices, particularly around benchmarking and managing of salary structures
Demonstrated analytical skills and attention to detail
Excellent Excel skills • Ability to effectively manage multiple priorities
Ability to work independently and as a strong great teammate
Commitment to excellence in service and client relationship management
FINRA registrations are not required for the role and will not be supported.
Commitment to Diversity, Equity, and Inclusion:
We strive for equity, equality, and opportunity for all associates. When we embrace the power of diversity and create an environment where people can bring their authentic and best selves to work, our firm is stronger, and we create greater value for our clients. Our commitment and inclusive programming aim to lift the experience for each associate and builds allies for our global associate community. We know that a sense of belonging is key not only to your success at the firm, but also to your ability to bring your best each day.
Benefits: We invest in our people through a wide range of programs and benefits, including:
- Competitive pay and bonuses as well as a generous retirement plan and employee stock purchase plan with matching contributions
- Flexible and remote work opportunities
- Health care benefits (medical, dental, vision)
- Tuition assistance
- Wellness programs (fitness reimbursement, Employee Assistance Program)
Our policies may change as our working lives evolve. Yet, our commitment to supporting our associates’ well-being and addressing the needs of our clients, business, and communities is unwavering.