What are the responsibilities and job description for the Senior Compensation Manager position at Edward Jones?
Job Description:
What You'll Do:You will report into the Senior Director of Compensation and will serve as the primary point of contact for the CST (Client Support Team) business segment, providing strategic partnership and consultation to senior level business leaders and Business Human Capital Partners. Your scope is CST focused, requiring support of 23,000 CST associates and significant commercial awareness given support for field facing roles; outcomes from your role will have a direct impact on firm success. Under limited supervision, you will lead CST compensation initiatives, working to identify needs, developing solutions, and ensuring successful end-to-end implementation of related projects. You will partner across compensation to lead and/or facilitate various bodies of work, influencing stakeholders and partners alike.
Here are a few of the key responsibilities you will be a part of:
- Lead the Compensation Refresh for CST roles in support of the 2030 ambition, which includes base salary and short-term incentives
- Conduct analysis and prepares recommendations regarding the development and implementation of CST compensation programs and practices
- Act as thought leader in the design and execution of CST short-term incentives, ensuring alignment with firm strategy and goals.
- Conduct annual pay benchmark studies to evaluate the competitiveness of pay levels and programs
- Functions as an advisor and subject matter expert for leveling CST jobs at the firm
- Work closely with Talent Acquisition, Business Partners and Talent Development on matters relating to leveling and pay for CST roles
- Build strong relationship with Associate Relations, Legal, Finance, and HRBPs partners to ensure recommendations represent a cross-functional view and lens
- Partner with CST and HO Experience teams on recognition opportunities
- Assist in developing communications and training to improve overall understanding of compensation programs
- Provide guidance and mentorship to other Compensation Team members to ensure consistency of service to our business units
Company description
Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.
People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.
View our Purpose, Inclusion and Citizenship Report.
¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.
Awards and Accolades
Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones
Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones
Awards and Accolades
Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.
Requirements
What Experience You'll Need:- Bachelor's degree
-
12 years' experience in Compensation, preferably in the Financial Services industry, including:
- Significant experience in compensation design for field facing roles
- Advanced understanding of compensation philosophy, and practices
- Comprehensive understanding of other HR functional areas
- Advanced Excel and analytical skills; ability to work with large amounts of confidential data
- Subject Matter Expert (SME) in compensation theory, design, and practice.
What Could Set You Apart:
- Certified Compensation Professional (CCP)
- PeopleSoft and Oracle HCM experience
**Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week effective June 1, 2026. Before June 1, 2026, candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office three days per week, with preference for Tuesday through Thursday.**
Current INTERNAL home-based associates: While this role is posted as hybrid, if selected and accepted, you may retain your home-based status. Edward Jones intends in good faith to continue offering the role as home-based, though future business or regulatory needs may require on-site work.