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Director of Compensation

Director of Compensation

Ameriprise FinancialMinneapolis, MN, US
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Director Of Compensation

Ameriprise Financial is seeking a Director of Compensation to join our Compensation Consultant group. In this strategic position, you will lead the development and refinement of compensation programs across our global organization. You'll work closely with senior leaders to design and implement solutions that support business objectives, promote equity, and enhance employee engagement. This role offers the opportunity to apply data-driven insights to influence compensation strategy and contribute to the long-term success of our talent initiatives.

Key Responsibilities

  • Act as a lead compensation consultant to HR Business Partners and senior business leaders, identifying and implementing solutions that address complex organizational challenges and align with our compensation philosophy.
  • Lead the development and implementation of competitive incentive programsincluding sales and special incentive plans. Ensure effective communication, accurate administration, and ongoing evaluation of program success.
  • Drive enterprise-level compensation projects and processes. Conduct market analyses and recommend updates to ensure competitiveness and alignment with industry trends.
  • Partner across compensation teams and global stakeholders to lead initiatives that span organizational boundaries.
  • Develop and deliver compensation education for HR, leaders, and employees through formal training and one-on-one consultations. Create communication strategies for new or updated programs, including year-end compensation materials.

Required Qualifications

  • Bachelor's Degree or Equivalent.
  • 7-10 Years' relevant experience.
  • Proven experience leading compensation strategy and programs in a complex, global organization
  • Deep expertise in incentive design, market analysis, and compensation consulting
  • Strong analytical and communication skills, with the ability to translate data into actionable insights
  • Collaborative mindset and ability to influence across all levels of the organization
  • Preferred Qualifications

  • Master's Degree
  • Certified Compensation Professional (CCP) or Global Remuneration Profession (GRP)
  • Financial services, professional services or insurance industry experience.
  • Global compensation experience
  • Previous experience of major organizational changes, including reorganizations, M&A activities.
  • About Our Company

    We're a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of 2024. With our team of more than 20,000 people in 20 countries, we advise, manage and protect assets and income of more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

    The estimated base salary for this role is $128,400 - $173,300 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and / or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.

    Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

    Full time

    Exempt

    Human Capital

    HR Human Resources

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    Director Compensation • Minneapolis, MN, US

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