Senior Associate, Compensation and Benefits – Executive Compensation

Senior Associate, Compensation and Benefits - Executive Compensation

About Alvarez & Marsal

Alvarez & Marsal (A&M) is a global consulting firm with entrepreneurial, action- and results-oriented professionals. We take a hands-on approach to solving our clients' problems and helping them reach their potential. A&M is different by design: we give people ownership and impact from day one, fuel development through real opportunity, and provide direct access to leaders who invest in our growth. Our culture celebrates independent thinkers and doers who positively impact clients and shape our industry. Guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity, our collaborative, globally minded environment is why our people love working at A&M.

The Team

A&M's Compensation & Benefits practice is currently seeking a Senior Associate with key expertise in the area of Executive Compensation. The ideal candidate will work with our team of professionals to advise companies of all sizes on various compensation and benefits matters. When you join us, you will gain unique experiences and valuable knowledge working across capabilities, sectors, and geographies, and have the opportunity to take control of your career progression.

How you will contribute

As a Senior Associate, you will assist clients with the design, implementation, communication, and monitoring of their compensation philosophy and strategy. The types of programs we consult on include base salary, annual incentives, long-term incentives, executive-level retirement, deferred compensation, and fringe benefit plans.

Responsibilities:

• Complete complex compensation and benefits projects
• Provide compensation, tax, accounting, and business advice in regards to complex transactions
• Provide competitive market data, quantitative/qualitative analyses
• Have proficiency in the taxation of executive compensation and knowledge of Code sections 83, 162(m), 280G, and 409A
• Participate in multiple executive compensation engagements for a diverse client base, both in and out of the transaction setting
• Contribute to client satisfaction by providing timely and effective responses to client needs and concerns
• Participate in client meetings and work within a team environment to deliver fully integrated compensation and benefit services to clients
• Conduct proxy statement studies and analyses of other publicly available data sources
• Benchmark, design, and implement annual incentive plans and long-term incentive plans
• Conduct statistical analyses of compensation data
• Model financial impact of compensation plans
• Conduct performance metrics studies
• Monitor executive and other compensation trends
• Benchmark, design, and implement bankruptcy compensation programs, including:
  • Key Employee Incentive Programs ("KEIPs")
  • Key Employee Retention Programs ("KERPs")
  • Management Incentive Plans ("MIPs"), severance programs, etc.
• Assist clients with stakeholder awareness and negotiations (e.g., board of directors, creditors committee, U.S. Trustee, etc.), as applicable.
• Participate in marketing initiatives including support on developing compensation work and methodology approaches, writing and supporting proposals and conducting surveys
• With this position, you will further your analytical and communication skills while adding value for our clients by helping solve their complex problems
• Supervise, develop, mentor, and motivate our Associates by actively participating in their advancement through on-the-job training, providing performance feedback, counseling, and fostering our team-based atmosphere

Qualifications:

• Bachelor's Degree required; advanced degree preferred
• One of the following preferred: Juris Doctor, Masters in Tax, licensed CPA, or specialty compensation and benefits certification
• 3-5 years of experience working with technical issues regarding compensation & benefits
• Strong knowledge of executive compensation and statistical analysis, incentive plan design and analysis, and pay structure analysis and design
• Excellent verbal and written communication skills and ability to articulate complex information, including presenting complex topics in easily understood terms to clients
• Strong analytical skills
• Ability to simultaneously work on and manage several projects and effectively manage deadlines
• High motivation to learn and grow
• Proficient in Excel, PowerPoint, and Word

Your journey at A&M

At A&M, professional growth is tied directly to performance, not tenure. Our people take on meaningful, hands-on work supported by a performance development process that rewards contribution and fosters a culture of meritocracy. Stretch roles, evolving business needs, and firm growth create ongoing opportunities for ownership and building new skills, while direct access to senior leaders provides mentorship and real-time coaching along the way. We also prioritize your wellbeing through comprehensive benefits and resources. Together, these elements create an environment where high-performing professionals can continue to grow and advance from day one.

Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M's benefits programs.

Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.

The salary range is $85,000 - $110,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.

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