Job Title:  Compensation Advisor - Associate / VP

Corporate Title: Associate / Vice President

Department: Reward, Human Resources

Location: New York

The base pay range for this position at commencement of employment is expected to be between $120K and $150K/year*

Company Overview

Nomura is a global financial services group with an integrated network spanning approximately 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking). Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Aon’s Benefit Index®, Nomura’s benefits rank #1 amongst our competitors

Department Overview

The Reward Advisory and People Analytics team, forms part of the broader Group Reward function within Human Resources and supports Nomura’s front office businesses with global compensation and people-based analytics. The role will support the Global marks reward agenda, delivering compensation based advisory services and analytics to the Global HR Business Partners and business leadership.

Objectives Critical to Success

• Knowledge of Global Markets compensation practices, including Sales / Trading revenue payouts
• Partner with HR Business Partners and Division leaders to implement and govern Nomura’s global compensation program.
• Ability to build and maintain complex bonus modelling based on business KPIs and performance metrics.
• Support the Year End Cycle for Global Markets, focusing on bonus allocations and salary modelling, working closely with HR Business Partners and COOs. Responsible for pool tree management, compensation statement production, and global bonus pool management.
• Conduct competitive benchmarking, matching, and survey analysis to evaluate the competitiveness of the Nomura’s fixed pay ranges and total compensation levels.
• Support the business with HR and Compensation based analytics that drive business decisions.
• Liaise with Finance, HR, Business Managers & Strategy colleagues to support business-based analytics on people data, providing guidance and support as required.
• Provide accurate and timely HR data and analysis to support the budgeting and hiring planning processes, in addition to regular HR metrics monitoring headcount movement throughout the year.
• Work with HR stakeholders in designing and implementing analytics that identify and address business issues.

Skills, Experience, and Knowledge Required

• 5+ years of experience in a Compensation function supporting front office compensation; global markets or similar business line.
• Commercial awareness of financial services environment and complex investment banking firms.
• Experience of delivering a front to back year-end compensation processes.
• Knowledge and experience of working with Market Data survey providers, ideally McLagan / Wills Towers Watson.
• Ability to build strong relationships as a trusted compensation advisor to senior management.
• Strong numerical and analytical abilities, including deep technical expertise in Microsoft Excel.
• Preparation of presentations / communications materials for senior executive audiences.
• Comfort with working under pressure analyzing large volumes of data from multiple sources.
• Experience of working with a data warehouse and reporting / visualization tools, such as OBIEE, Tableau, Power BI.

*base pay offered may vary depending on multiple individualized factors, including market location, corporate and functional title and duties, job-related knowledge and advanced degrees, skills, and experience. The total compensation package for this position may also include other elements, including a sign-on bonus, restricted stock units, and discretionary awards in addition to a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors”.

Nomura is an Equal Opportunity Employer