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Vice President, Executive Compensation Services
Morgan Stanley
New York, NY, United States
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Description
Morgan Stanley is seeking a dynamic self-starter to manage the services area of the Firm’s Executive Compensation team within its elite Human Resources division. This position is a key leadership role on the team and provides an excellent opportunity to become familiar with all of the Firm’s business units and offers significant exposure to senior HR management.
The Executive Compensation team administers the Firm’s deferred cash and equity incentive compensation programs, which cover over 20,000 employees in all business units, including senior management. The team relies on robust internal and external administrative systems, and service partners, provides deep operational knowledge, delivers high-touch customer service and collaborates among more than a dozen internal and external stakeholders.
You will manage a team of three professionals, provide vendor and program management, develop and execute project plans, compile, analyze and report on data and coordinate efforts among multiple stakeholders within HR, Finance, Legal, Tax, and business administration.
Day-to-day responsibilities include ownership of:
• Board of Directors award administration
• Operating Committee Equity Ownership Commitment calculations
• External administrator’s outsourced services relationship
• Escalated customer service issues
• Annual FICA tax calculations
• Calculation of New Hire replacement awards and CHRO/CEO consent process
• HR and recruiter new-hire replacement process training
• Termination processing
• Maintenance of internal ticketing system for HR requests
• Services process documentation creation and maintenance
• Support for auditor requests
• Internal and external website content management, systems entitlements.
Collaborative responsibilities include:
• Assisting in the implementation of executive compensation design recommendations and review of proposed rule sets as a key administrative stakeholder
• Assisting the executive pay design team in the creation of Executive Compensation materials for Compensation Committee Meetings, including supporting documentation and expertise on administrative constraints or improvements
• Coordinating Executive Compensation data collection in preparation of Company’s annual proxy statement and other public filings
• Assisting Legal department in reviews of Board of Directors compensation program administration
• Supporting the implementation of operational process improvement and execution of other special projects
• Researching, collecting, analyzing, calculating, validating and reporting on various Executive Compensation metrics
Qualifications
Key skills required:
• Bachelor’s Degree, preferably in finance, business, HR, Psychology or other related field
• 5-10 years in financial services, HR, consulting or legal preferred
• Demonstrated integrity, discretion, accountability, and confidentiality
• Extremely high level of attention to detail and data accuracy
• Excellent interpersonal skills including ability to effectively interact with the Firm’s Operating Committee members, all levels of HR management and cross-functional colleagues
• Ability to prioritize and handle multiple tasks with minimal supervision
• Experience contributing to major annual projects under tight deadlines
• Proficient in Microsoft Office Programs including Word, Excel and PowerPoint
• Excellent oral and written communication and organizational skills