Executive Director, Compensation Greater Chicago, IL Area

The Company is in search of an Executive Director, Compensation to spearhead the global compensation function. The successful candidate will be responsible for developing and implementing competitive pay strategies that align with organizational goals, fostering a pay-for-performance culture, and ensuring a rewards framework that effectively attracts, retains, and motivates top talent. This role involves overseeing the design, governance, and execution of base pay, annual bonus, and equity programs for the global workforce. The Executive Director will also serve as a senior compensation partner to leadership and HR, providing expert guidance on executive compensation matters, and managing a team of compensation professionals. Applicants must have a minimum of 10 years' progressive compensation experience in a global organization, with a strong preference for those with a background in financial services, fintech, or technology. The role requires advanced proficiency in compensation analytics, experience with market pricing software, HRMS, and compensation planning software. The ideal candidate will have a proven track record of strategic advisory, strong communication, and influencing skills, and experience in interfacing with the Board of Directors. A Bachelor's degree is required, and experience in M&A due diligence and integration for the compensation function is a plus. The Executive Director will also be responsible for market intelligence, governance, and compliance, and will be expected to manage relationships with various internal functions to ensure alignment with best practices and regulatory requirements.

Hiring Company

CME Group