Senior Compensation Consultant

Northern Trust

. Serve as a trusted compensation advisor for assigned business units and functions within ECOO .

Posted 10/7/2026full-timeUnited StatesSenior💰 $95,600 - $162,400 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates advanced knowledge of compensation principles, market pricing, and job evaluation, with strong analytical and consulting skills to develop effective compensation solutions. Proficient in managing compensation cycles and facilitating discussions with stakeholders while ensuring compliance with compensation governance.

Highest-signal resume keywords

Compensation ConsultingMarket Pricing AnalysisJob EvaluationStakeholder ManagementAdvanced Microsoft Excel

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Compensation PrinciplesJob ArchitecturePay AdministrationVariable CompensationPay Equity AnalysisData ValidationAnalytical ModelsExecutive-Ready PresentationsCompensation GovernanceSalary Structures

Soft Skills

Analytical SkillsCritical ThinkingBusiness AcumenPresentation SkillsFacilitation Skills

Tools & Technologies

Microsoft ExcelMicrosoft PowerPoint

Industry Keywords

Financial ServicesCompensation SurveysInternal EquityPay TransparencyChange Management

About the role

Key responsibilities & impact

Serve as a trusted compensation advisor for assigned business units and functions within ECOO
Advise HR Business Partners, Talent Acquisition, and business leaders on complex compensation matters
Develop recommendations for internal moves, retention situations, off-cycle adjustments, reorganizations, and other pay decisions
Translate business and workforce needs into compensation solutions across base pay, short-term incentives, sales or other variable compensation programs, and recognition programs
Conduct and present job evaluations, leveling assessments, market-pricing analyses, and pay recommendations
Support consistent application of the global job architecture, career framework, and salary structures
Facilitate compensation discussions with HR and business leaders
Monitor external compensation practices, labor market developments, and regulatory changes
Develop executive-ready analyses and materials with findings, alternatives, risks, and recommendations
Lead and support the global annual compensation cycle, including planning, data validation, market and pay-equity analysis, system testing, stakeholder communications, enablement, issue resolution, and post-cycle review

Requirements

What you’ll need

7+ years of progressive compensation experience, preferably within the financial services industry
Advanced knowledge of broad-based compensation principles and practices
Knowledge of market pricing and compensation surveys
Knowledge of job evaluation, job leveling, and job architecture
Knowledge of salary structures and pay administration
Knowledge of base pay, merit, and variable or incentive compensation
Knowledge of internal equity, pay equity, pay transparency, and compensation governance
Strong compensation consulting and stakeholder management skills
Strong analytical and critical-thinking skills
Demonstrated business acumen
Strong written, verbal, presentation, and facilitation skills
Strong project management and change management capabilities
Advanced Microsoft Excel and PowerPoint skills
Proficiency working with large datasets, analytical models, and executive-ready presentations
Bachelor's degree in Business, Finance, Economics, Human Resources, or a related field, or an equivalent combination of education and relevant experience
Must be authorized to work in the U.S. without employment-based visa sponsorship now or in the future

Benefits

Comp & perks

Retirement benefits (401k and pension)
Health and welfare benefits (medical, dental, vision, spending accounts and disability)
Paid time off
Parental and caregiver leave
Life and accident insurance
Other voluntary and well-being benefits
Discretionary bonus program that may include an equity component
Flexible and collaborative work culture
Movement within the organization is encouraged
Accessible senior leaders
Inclusive workplace
Philanthropy and community involvement opportunities
Reasonable accommodation for individuals with health conditions and disabilities