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Director, Global / International HR Business Partner
NYLIFE Securities, Inc.
Jersey City, NJ, United States
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New York Life Insurance Company is the largest mutual life insurance company in the United States. Founded in 1845 and headquartered in New York City, New York Life reported 2017 operating earnings of $2.06 billion. Total assets under management at year end 2017, with affiliates, totaled $586 billion.
New York Life holds the highest possible financial strength ratings currently awarded to any life insurer from all four of the major ratings agencies: A.M. Best, A++; Fitch AAA; Moody’s Aaa; Standard & Poor’s AA+ (Source: Individual independent rating agency commentary as of 8/1/17).
Financial strength, integrity and humanity—the values upon which New York Life was founded—have guided the company’s decisions and actions for over 170 years.
Our Director, Human Resources Business Partner for New York Life Investment Management (NYLIM) will be a strategic advisor to our International Executive Management Committee and Leadership by providing HR expertise in people development, monitor and evaluate country-specific policies and procedures, and HR initiatives that support our culture and the growth of our multi-boutique investment business. The HR Director oversees and manages all aspects of day-to-day human resources function, payroll and HR operations across multiple international offices. The Director provides guidance and recommendations for international offices in order to maintain consistency and cost-effective measures worldwide. The Director, Human Resources for NYLIM will be located in the New York office and report to our Vice President and Head of Human Resources for New York Life Investment Management.
Job Responsibilities:
Recruitment and Onboarding
• Provides recruitment support and guidance for country office based positions while developing innovative techniques to refine sourcing and attract highly qualified candidates
• Support and manage recruitment efforts and country office start-ups in collaboration with our finance, legal, operations, and technology teams.
• Ensures that international assignees are oriented and onboarded appropriately
Compensation and Benefits
• Ensures compliance with all federal and state labor laws and international labor standards related to benefits, policies, reporting, postings, etc.
• Collaborates with country office leadership to ensure the organization is paying competitively by conducting external pay surveys, maintaining internal equity and providing rewards that motivate employees to drive results.
• Supports leadership in maintaining an attractive allowances and benefits plan for country office based employees that reflect national operating contexts and organizational needs
Legal and Compliance
• Facilitates interactions with and seeks guidance from our Office of General Counsel (OGC) and local legal counsel(s) to interpret national labor and taxation laws and prevailing HR practices so that New York Life’s missions and values are reflected and organizational risk is reduced
• Partner with OGC, Corporate Compliance and country management teams to draft and revise local employee policies to ensure compliance with local labor law, in alignment with New York Life’s HR policies and procedures
• Partners with our local boutique HR practitioners and country office leadership in order to navigate and resolve sensitive and complex matters involving employees, consultants and stakeholders
• Propose solutions, tools, and strategies that foster positive, supportive working environments globally
• Establish relationships within our NYL HR network as well as with country office leadership built on trust and open communication
• Monitor and support a performance management approach that encourages regular feedback and career development
• Provides guidance and support to country office management teams on employee retention plans prior to or during periods when staffing reductions are necessary
• Perform other duties as assigned
Job and Experience Requirements:
• Must have a minimum of 10 years of experience in Human Resources
• Must have a bachelors' degree
• Experience in the investment/asset management industry required
• Practical knowledge of employment law in USA, Ireland, United Kingdom, other European countries as well as Japan, Hong Kong, and Australia.
• Strong interpersonal skills. Ability to communicate at all levels within an organization in a professional, articulate manner with experience working with multiple levels within an organization.
• Proven ability to multi-task, problem solve, and prioritize in a fast past environment.
• Must be self-motivated and able to work well independently.
• Ability to travel and accommodate work hours for multiple time zones, within Europe.
• Strong initiative and solid judgment abilities/skills.
• Has experience in and provides due diligence for M&A including appropriate guidance for successful integration.
• Strong vendor management skills and experience working with outsourced vendors.
• Strong presentation, written and verbal communication skills required
• Demonstrated proficiency in the use of Microsoft Office Suite (especially Word, Excel and PowerPoint), applicant tracking systems, and HRIS
EOE M/F/D/V