Location Designation: Hybrid - 3 days per week When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual a... more details
Location Designation: Hybrid - 3 days per week
When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.
The Role
As the Senior Human Resources Business Partner for New York Life’s Investment Management (NYLIM) you will manage a team of HR Business Partners, and partner with HR professionals across various disciplines to support the strategic development and execution of talent related priorities and desired business outcomes. You will serve as a key advisor to the Executive Officer of NYLIM, and partner closely with fellow Management Committee members who lead key business areas for New York Life Investments.
As a trusted advisor, you will partner with senior leaders, managers, and employees in the proactive delivery of all HR services. Activities include but are not limited to acting as an advisor to NYLIM Senior Leadership and Boutique CEOs; supporting talent priorities; educating employees at all levels on HR solutions; representing HR’s point of view in business decisions; and ensuring the business strategy is reflected in HR objectives. This role is supported by HR Centers of Excellence that identify and provide solutions to business needs and implement core HR programs and policies in support of business strategy. The role will report to the Executive HR Business Partner who oversees New York Life’s Strategic Businesses and NYL Investors. The role will be based in New York, at our corporate headquarters.
Key Responsibilities
Employee Relations
- Partner closely with Employee Relations on business/functional areas on ER matters, including issues such as policy violations, performance issues, accommodations, job eliminations, etc.
- Provide guidance to managers on policies, procedures, and communications.
Talent & Organization Development
- Develop and implement a talent strategy that supports the short- and long- term investments businesses strategies, enterprise initiatives, and achievement of overall business objectives.
- Provide HR subject matter expertise on organizational design or other key organizational impacting initiatives such as engagement/operating model changes, mergers, acquisitions, and business relocations.
- Work with business leadership to discern the current and future business needs to evaluate bench strength in key positions via established HR activities (e.g., Talent & Organization Planning).
- Facilitate talent development discussions amongst business leadership (e.g., 9-box talent review discussions, targeted individual development planning, nominations for development programs).
Talent Acquisition
- Work with business leadership to define workforce planning, strategies, and plans.
Compensation
- Partner with the HR Compensation function in gaining knowledge of pay reference points and market data.
- Assist managers in the annual compensation cycle.
Diversity & Inclusion
- Partner with the Chief Diversity Officer and DE&I Center to define and execute multi-year strategy to attract and advance underrepresented talent and drive an inclusive culture.
HR Data & Analytics
- Leverage internal and external data, trends, analytics, and insights to assess talent gaps, forecast resource needs, and model future scenarios to accurately identify and prioritize talent risks and opportunities.
Candidate Profile
- Leadership – Viewed by the business as a trusted advisor providing a viewpoint on business opportunities. Effective at leading complex conversations, projects, and processes, and developing strategies to drive successful execution.
- Technical expertise with a minimum of 10 years’ experience working as an HR Business Partner preferably with a global and/or multi-affiliate/boutique asset manager with experience in fixed income and alternatives.
- Strategic mindset with a drive to execute and get into the details when needed.
- HR Functional knowledge – Recognized as a professional with detailed understanding of employee relations, talent acquisition, learning and organization development, compensation, benefits, and diversity and inclusion to advise business/functional area leaders on shaping a work force that meets their priorities.
- Skills in change management and organizational development a plus
- Communication – Influences others, including senior leaders, in developing and implementing HR strategies; able to present to audiences of various sizes, to articulate complex ideas and persuade, and to negotiate with others.
- Problem Solving – On a daily basis, solves unique and complex problems that require the application of conceptual, concrete, and innovative thinking.
- Decision Making/Nature of Impact – Guides decisions in accordance with business or functional area objectives that have an impact on organizational structure, staffing assignments, employee development plans, and compensation.
- Bachelors’ degree is preferred.
Salary range: $145,000-$215,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.
Job Requisition ID: 90468
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