Compensation and Benefits Advisor

2 weeks ago

Melbourne, Victoria, Australia Vanguard Full time

About Vanguard

For over four decades, Vanguard has redefined the investment landscape with a commitment to serving investors without external shareholders. This unique structure allows us to reinvest profits back into our operations, ultimately lowering costs for our clients.

As one of the leading investment management firms globally, Vanguard proudly serves over 50 million investors. Our Australian division has been dedicated to empowering individual investors, financial advisors, and superannuation members to reach their financial aspirations.

Join Our Team

The Human Resources team at Vanguard Australia is pivotal in shaping strategies that enhance talent and leadership while fostering an inclusive and engaging workplace culture.

Your Role as a Compensation and Benefits Advisor

In this role, you will collaborate closely with the Head of Total Rewards to establish a localized compensation framework that aligns with our global strategy, focusing on attracting and retaining top talent in the Australian market.

Key Responsibilities:

  • Collaborate with the Head of Total Rewards to create a tailored compensation framework that aligns with our overall strategy and supports the attraction and retention of a motivated workforce.
  • Design and implement compensation policies and initiatives that are specifically suited to the Australian market.
  • Develop communication strategies to enhance awareness and utilization of our total rewards offerings.
  • Work with global Total Rewards stakeholders to manage compensation activities, including annual bonuses and merit adjustments.
  • Conduct benchmarking exercises and manage surveys to ensure competitive compensation practices within the industry.
  • Partner with legal, risk, and finance teams to ensure compliance with regulatory requirements related to compensation and benefits.
  • Maintain strong relationships with benefits providers to ensure high-quality service and value.
  • Support internal and external reporting requirements, including regulatory submissions and remuneration disclosures.
  • Stay informed about compensation and benefits trends, changes in employment law, and compliance requirements to inform program design.
  • Manage the mobility of international employees relocating to or from Australia through effective collaboration.
  • Participate in special projects and perform additional duties as required.

Qualifications & Skills:

  • Proven experience in total rewards, with a solid understanding of compensation and benefits regulations, preferably in the financial services sector.
  • Strong analytical skills and proficiency in Excel, with experience in creating user-friendly models.
  • Ability to communicate complex ideas clearly and effectively, tailoring messages for diverse audiences.
  • Adaptability to navigate complex challenges and develop actionable solutions collaboratively.
  • Excellent stakeholder management skills, with a focus on collaboration.
  • Experience in the financial services industry or within a global organization is preferred.
  • A relevant undergraduate degree or equivalent experience.

Additional Information:

  • This position does not offer visa sponsorship.
  • The role follows a hybrid working model, requiring in-office attendance on designated days.

Commitment to Inclusion:

At Vanguard, we are dedicated to fostering a diverse and inclusive environment. Our culture is built on the principle of doing the right thing for our clients, crew, and communities. We believe that diverse teams enhance our ability to innovate and collaborate, ultimately serving our clients better.

Our core mission is to advocate for all investors, ensuring fair treatment and the best opportunities for investment success.

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