Vice President, Business Planning and Analysis (Compensation Administration)
At BNY, our culture empowers you to grow and succeed. As a leading global financial services company at the center of the world's financial system we touch nearly 20% of the world's investible assets. Every day around the globe, our 50,000+ employees bring the power of their perspective to the table to create solutions with our clients that benefit businesses, communities and people everywhere.
We continue to be a leader in the industry, awarded as a top home for innovators and for creating an inclusive workplace. Through our unique ideas and talents, together we help make money work for the world. This is what #LifeAtBNY is all about.
We're seeking a future team member for the role of Vice President, Business Planning and Analysis to join our GDDI team. This role is located in Pune, MH – HYBRID.
In this role, you'll make an impact in the following ways:
The Comp Admin (Pune) team of the Provider (as the "Provider") provides support services to GDDI Team a division of NAD Investment Management - Prepare and submit compensation payments for the client facing sales team for NAD and EMEA.
Provider Team's services include:
Prepare and submit compensation payments for NAD and EMEA by following procedures with almost 100% Accuracy and errorless work.
Review and become familiar with all applicable compensation plans and procedures.
Manage and maintain employee information via iMATS application, including hire and termination dates, role and territory assignments.
Maintain and manager all plan details via Anaplan, including pay rate schedules as per the applicable compensation plan terms and conditions.
Load transaction and employee files into Anaplan application for compensation processing, either on a monthly and/or quarterly basis as per the applicable compensation plan terms and conditions.
Process compensation payments via Anaplan, as per the procedure documents.
Export compensation payment results from Anaplan and prepare file/report for finance review.
Export compensation payroll files from Anaplan and prepare for payroll submission.
Continuously review and maintain procedure documents for all compensation plan processing.
Manage, maintain and coordinate preliminary compensation payments during monthly accrual processing with finance team.
Coordinate and confirm compensation plans with new/changed employees with HR Team.
Export compensation payment results from Anaplan and prepare for management/REMCO committee review.
Prepare and run monthly and/or quarterly accrual process for submission to finance team.
Work with HR on annual compensation plan distribution through MyReward system.
In addition to the compensation processing, the team member should familiarize themselves with the Anaplan application and participate in all online training available for Anaplan.
For queries and notes proper communication exchange with US corporate team, Auditors team and Wholesalers or their Internals.
Recipient Team shall:
Support in case of queries or doubts.
Quality check and review all compensation payments.
Administer monthly and/or quarterly finance review meetings.
To be successful in this role, we're seeking the following:
A graduate/postgraduate with at least 10 years of experience in Compensation Administration
Strong quantitative and analytical skills
Good communication skills
At BNY, our culture speaks for itself. Here's a few of our awards:
America's Most Innovative Companies, Fortune, 2024
World's Most Admired Companies, Fortune 2024
Human Rights Campaign Foundation, Corporate Equality Index, 100% score, 2023-2024
Best Places to Work for Disability Inclusion, Disability: IN – 100% score, 2023-2024
"Most Just Companies", Just Capital and CNBC, 2024
Dow Jones Sustainability Indices, Top performing company for Sustainability, 2024
Bloomberg's Gender Equality Index (GEI), 2023
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.