Total Rewards Leader

About the role

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients. The Total Rewards Leader will play a critical leadership role in shaping and executing the firm's global compensation and benefits strategy. This role will oversee the design, governance, and execution of the firm's total rewards framework, including compensation, incentive programs, and global benefits. As a private partnership with multiple incentive programs, the firm's compensation architecture is central to both talent strategy and the economic model of the business. This leader will partner closely with the CFO, Head of HR, compensation committees, senior leadership, and key stakeholders across the firm to ensure the total rewards strategy aligns with business priorities, reinforces the firm's culture, and supports long-term growth. This individual will also work closely with our Managing Partners on compensation and benefits matters for our Partners. The role requires a strategic leader who combines deep expertise in compensation design and incentives with strong analytical capabilities and sound judgment. This leader will manage a high-performing team responsible for developing market-informed reward strategies, maintaining internal equity, and ensuring programs are competitive, scalable, and aligned with the firm's economic framework. This leader will operate at a global level, engaging regularly with senior leaders and the Managing Partners to provide insights on compensation trends and market competitiveness. The role will also focus on strengthening the firm's reward programs through thoughtful design, disciplined governance, and continuous improvement. Candidates should enjoy being part of a collaborative leadership team and demonstrate the ability to: Build strong cross-functional partnerships across Finance and HR Communicate a clear strategic vision for total rewards Translate complex compensation structures into clear frameworks and insights Develop high-performing teams and future leaders Challenge the status quo and drive thoughtful evolution of reward programs

Responsibilities

• Total Rewards Strategy
• Lead the development and execution of the firm's global total rewards strategy, ensuring alignment with business priorities and talent strategy.
• Establish frameworks and guiding principles for compensation and benefits programs that reinforce the firm's culture and long-term objectives.
• Compensation and Incentive Design
• Oversee the design and governance of compensation structures and incentive programs.
• Partner with Finance leadership on incentive modeling, compensation analytics, and cost management.
• Ensure compensation programs maintain internal equity while remaining competitive with relevant market benchmarks.
• Benefits Strategy
• Lead the strategy and oversight of global benefits programs, including healthcare, retirement, wellness, and other employee programs.
• Ensure benefits offerings remain competitive, sustainable, and aligned with workforce needs.
• Oversee vendor management and program governance to ensure efficient and effective delivery.
• Analytics and Insights
• Develop robust analytics and reporting capabilities to provide leadership with insights into compensation trends, workforce costs, and reward program effectiveness.
• Partner with Finance and HR leaders to support strategic workforce planning and financial forecasting.
• Leadership and Team Development
• Lead and develop a high-performing Total Rewards team, fostering a culture of collaboration, innovation, and continuous improvement.
• Lead thoughtful change management efforts to ensure new technologies are adopted effectively, responsibly, and in alignment with the firm's risk, governance, and confidentiality standards.
• Stakeholder Engagement
• Partner closely with senior leaders across the firm to ensure reward programs support business strategy.
• Provide clear communication and guidance to leaders and employees regarding compensation philosophy and programs.

Requirements

• Demonstrated (15+ years) experience in compensation, total rewards, or related leadership roles within complex global organizations.
• Deep expertise in compensation design, incentive programs, and executive pay.
• Experience applying AI enabled tools and advanced analytics to enable translation to translate complex data into actionable insights.
• Experience operating within partnership, investment management, or financial services environments strongly preferred.
• Proven ability to lead and

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