What are the responsibilities and job description for the Associate Director, Compensation position at barings?
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients. We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities. Title: Associate Director, Compensation Business Unit: Human Resources- Total Rewards Location: London, UK or Charlotte, NC Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe, and Asia Pacific. Job Summary The Compensation Associate Director role leads complex compensation programs, analyses, and processes that support the firm’s compensation strategy and business objectives. This role serves as a subject matter expert within Total Rewards, partnering closely with HR Business Partners, Talent teams, Finance, Legal, and business leaders to deliver competitive, equitable, compliant, and scalable compensation solutions. The role is accountable for multiple compensation processes and programs, anticipates and resolves complex business issues, and may lead initiatives or coordinate the work of others. Primary Responsibilities Lead complex market pricing, compensation survey participation, benchmarking, and pay positioning analyses across functions and regions Own key components of the annual compensation cycle, including merit, incentive, promotion, and year-end planning activities Develop compensation recommendations, models, reports, and dashboards that inform HR, Finance, and business leadership decisions Partner with HR Business Partners and business leaders to provide compensation guidance, evaluate pay decisions, and address complex compensation matters Lead or support job evaluation, leveling, business title alignment, and pay structure development to promote consistency and internal equity Identify process improvements, strengthen governance, and enhance compensation procedures, tools, and controls Maintain, audit, and analyze compensation data in Workday and related systems to ensure accuracy, consistency, and readiness for decision-making Monitor compensation practices for compliance with internal policies, regulatory requirements, and market standards Qualifications Bachelor’s degree in Human Resources, Business, Finance, Economics, Analytics, or related field preferred Typically 4-6 years of progressive compensation, total rewards, HR analytics, or related experience Advanced working knowledge of compensation principles, market pricing, job evaluation, pay equity, incentive planning, and annual compensation processes Experience partnering with HR Business Partners, Finance, Legal, Talent, and senior business stakeholders Strong analytical, modeling, and data interpretation skills; advanced Excel skills required Experience with Workday or comparable HRIS/compensation systems preferred Ability to manage multiple processes or programs, exercise judgment and discretion, and recommend practical solutions to complex business issues Excellent written and verbal communication skills, with the ability to translate complex compensation concepts for varied audiences Demonstrated ability to collaborate effectively, take accountability, foster trust, and deliver high-quality work in a fast-paced environment #LI-JS1 Requisite Skills Additional Skills Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply. Barings is a leading global asset management firm dedicated to meeting the evolving investment and capital needs of our clients. We build lasting partnerships that leverage our distinctive expertise across traditional and alternative asset classes to deliver innovative, institutional-quality solutions and service. Our team-driven culture is based on transparency, responsibility and putting our clients’ interests first. We listen to our clients to understand their needs, so that we can be a strategic advisor and long-term partner in meeting their unique investment goals. Risk management and protecting our investors’ capital over the long term is an essential component of our lasting partnerships. Barings is also committed to building long-term relationships with our associates and providing opportunities and support to help them succeed. With our expanding business and global footprint, Barings offers a wealth of opportunities for associates who share our culture, values and commitment to excellence in client service. As an organization, we believe that a diversity of perspectives and strengths is essential to meeting the evolving needs of our clients, and we are committed to attracting and retaining a talented workforce as diverse as the clients and communities that contribute to our success.