Oaktree is looking to hire an assistant vice president of compensation to work within the Human Resources function at Oaktree. Responsibilities include but are not limited to:Participate in the development, deployment and administration of compensation plans that are fair, competitive, supportive of organizational strategies and compliant with company direction, local laws, pay equity or other statutory requirements. Partner with the Head of Compensation to execute annual compensation processes ... more details
Our Company
Oaktree is a leader among global investment managers specializing in alternative investments, with $192 billion in assets under management as of March 31, 2024. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities. The firm has over 1,200 employees and offices in 22 cities worldwide.
We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.
For additional information please visit our website at www.oaktreecapital.com.
Responsibilities
Oaktree is looking to hire an assistant vice president of compensation to work within the Human Resources function at Oaktree.
Responsibilities include but are not limited to:
Participate in the development, deployment and administration of compensation plans that are fair, competitive, supportive of organizational strategies and compliant with company direction, local laws, pay equity or other statutory requirements
Partner with the Head of Compensation to execute annual compensation processes including, but not limited to, compensation program design, budgeting, implementation of new programs and other ad-hoc requests
Help manage the annual year-end compensation planning process, while partnering with HR business partners and other colleagues to facilitate recommendations and pay actions
Conduct benchmarking analyses using external market surveys; working with external providers and consultants on internal data submissions
Maintain and enhance compensation system for mid-year and year-end compensation cycle
Analyzing, compiling, and synthesizing large amounts of compensation data for historical analysis, forecasting, and reporting
Partner with the Talent team to craft communications related to annual compensation planning, compensation analyses and related initiatives
Support and advise on compensation related activities, including new hire offers, promotions, transfers, budget allocation/forecasting and top talent retention; and
Develop and document procedures to streamline processes and ensure compliance with regulatory requirements
Experience:
A minimum of 5 years or more of post-college experience in internal compensation-related role or compensation consulting
Results and detail oriented/driven, with strong analytical, organizational, and consultancy skills; Ability to draw conclusions, themes, and trends from data analysis and communicate results effectively
Strong verbal and written communication
Experience making data driven decisions, including the ability to analyze & synthesize complex data sets to present a compelling story or theme
Flexible and able to adapt to a fast-paced and changing work environment with a high level of dedication and commitment to quality work product
Ability to manage multiple projects concurrently and work under time constraints, managing to due dates and timelines
Ability to work collaboratively and cultivate strong partnerships with HR partners and colleagues
Analytical experience strongly preferred (e.g., numerical research, data analysis, Excel modeling); Proficiency with Microsoft Office required; and
Working knowledge of Workday and/or Beqom software platforms a plus
Personal Attributes
Excellent interpersonal, verbal, and written communication skills
A team player with high emotional intelligence
Highly organized with strong initiative and a superior work ethic
Outstanding organizational and project management skills with strong attention-to-detail in a fast-paced environment
Champion of diversity and inclusion
High integrity; must be able to handle highly confidential situations with professionalism and tact
Education
Bachelor’s degree is required.
Base Salary Range
$145,000 - $170,000
In addition to a competitive base salary, you will be eligible to receive discretionary bonus incentives, a comprehensive benefits package and a flexible work arrangement. The base salary offered will be commensurate with experience and/or qualifications, industry knowledge and expertise, as well as prior training and education.
Equal Opportunity Employment Policy
Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors.
Equal Opportunity Employment Policy
Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.
