Senior Analyst, Partner Compensation

Senior Analyst, Partner Compensation

Website McKinsey & Company

WHO YOU’LL WORK WITH

You’ll be based in Atlanta or New York, and be part of the Partner Compensation group, which coordinates and oversees partner compensation for over 2600 partners in 60+ countries, and provides staff support for one of the most senior committees at the firm.

WHAT YOU’LL DO

You will actively participate in major annual compensation processes, support ongoing compensation needs/requests from partners and other functions.

In this role, you will manage communications and processes, and perform project analyses and drive presentations. You will build structural and additional award models. You will also develop a dynamic annual salary model, departure analyses, and mobility projections with specialists or managers. You will create annual compensation budget to identify trends or levers, which will be discussed further with partner compensation specialists or managers. You will also oversee audit/reconciliation of all processes, including creating team timelines, etc., and begin learning how to lead smaller scaled processes independently.

You will support ongoing compensation needs/requests from partners and other functions, handle departure process for all partners leaving the firm, including communication to firm function teams, reconciliations, tracking of separation agreements, and short-term special projects. You will supervise and approve complex verification of employment letters and departure trackers that are utilized by Tax, Capital, and Legal departments. You will also execute periodic mailings/communications to internal firm Function teams, local office administrators and leadership.

You will be a first responder for partner emails/calls or other department inquiries on firm comp policies/guidelines and you will create templates, streamline responsibilities and drive for change or better auditing processes, whenever possible. You will tackle data analysis requests regarding both McKinsey-wide and partner specific compensation issues, programs and procedures from local office administrators, other departments, country/complex managers and individual partners of the firm

You will support and inform specialists and the partner compensation manager by performing project analyses and drafting discussion materials to present at meetings for dis. You will streamline responsibilities including teams outside of the Partner Compensation group, and supervise daily task list, including training junior staff.

You will also perform project analyses and drive presentations and develop analyses to support presentations, projections and memos for department managers and directors, the Finance and Tax group, and individual partners.

QUALIFICATIONS

  • Bachelor’s degree required (concentration in business or math-related area is preferred)
  • 4+ years minimum job-related experience
  • Very strong quantitative skills with 1-2 years of experience in building models
  • Very strong verbal, written, and organizational skills
  • Must be meticulous/detail-oriented, but also able to see big picture trends and isolate key drivers
  • Must be a team player, but also have the capability to work independently
  • Self-driven and motivated
  • Ability to work well under tight deadlines and juggle multiple responsibilities
  • Advanced level knowledge of Excel and Word; some knowledge of PowerPoint and preferably some exposure/knowledge of Access

COVID-19 vaccination mandate:

Employment with McKinsey & Company, Inc. in the United States and Canada is conditioned on proof of full vaccination against the COVID-19 virus (with a WHO-approved or Health Canada-approved COVID-19 vaccine, as applicable) or approval of an exemption due to a qualifying medical condition or sincerely held religious belief prior to start date.

To apply for this job please visit www.mckinsey.com.