Director, Compensation & HR Operations - Minneapolis at NorthMarq in Minneapolis, MN

Director, Compensation & HR Operations Northmarq – Minneapolis, MN (Bloomington, MN) At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! The Director, Compensation & HR Operations is the senior leader responsible for strategic planning and implementation of programs related to HR systems, payroll, benefits, compliance, as well as ensuring our pay practices are competitive and aligned with business objectives. This person will lead a flexible HR operations team and will drive the design and administration of base salary, incentive plans, sales plans, and other pay-related programs to attract, retain, and motivate high-quality talent. This senior leader will report directly to the Chief Administrative Officer/CHRO and will collaborate with leaders across the business and with HR leadership to identify and act on opportunities to support growth in the business through our people programs. Collaboration and communication skills are paramount for this person to lead and participate in cross-functional initiatives, collect feedback and measure results, and articulate our vision and strategy to all levels of the organization. This role requires a “player/coach” who will execute work themselves but also have the leadership presence to be a “leader of leaders”, working with executives, external partners, and all team members to drive strategic work at the fast pace required of our business. *This position offers a flexible work environment and is available for an immediate start. Position Responsibilities:

Develop and implement a comprehensive compensation strategy that aligns with organizational business goals and supports the attraction and retention of top talent
Design and oversee compensation plans, including base salary, incentives, bonuses, equity, and recognition programs. Partner with Accounting & Finance to ensure competitive, streamlined and cost-effective compensation programs that are legally compliant with all compensation-related regulations
Ensure all HR systems and technology provide a streamlined experience for our team members and leaders. Work closely with the technology team to build a vision and strategy for our systems that fits each unique area of the business, and ensures the right information is easily accessible to leaders and team members. Leverage our systems to support data-driven decision-making and strategic initiatives
Partner with stakeholders to design the company’s compensation philosophy and strategy by leading market research and benchmarking studies to evaluate the organization’s pay positioning
Support and/or lead the design of executive compensation programs including base pay and short and long-term incentives
Partner closely with Accounting & Finance, HR Business Partners, and Communications to lead the annual compensation planning process, including merit increases, bonus planning, and promotion reviews
In partnership with team members and leaders reporting to you, drive the continuous improvement of HR processes and procedures to drive efficiencies, reduce manual processes, and improve the employee experience. Provide leadership to the HR Operations Team and work with vendors to support HR programs
Serve as a strategic leader and trusted partner to executives, managers and employees on compensation, benefits, and HR operations matters
Foster collaboration with an emphasis on team engagement and communication
Partner closely with our parent company on benefits, compensation, and HR systems strategy to ensure a streamlined experience for our employees and stakeholders and develop and maintain metrics to assess the effectiveness of our benefits, compensation and other HR programs
Develop and maintain job evaluation and pay grade structures and provide consultation and guidance to HR Business Partners and senior leaders on pay decisions, policy interpretations, and job evaluations

What We're Looking For:

Bachelor’s Degree required in Human Resources, Finance, Accounting, or other related area of study
10+ years of relevant experience including Compensation, HR Systems, People Analytics, Benefits Management, and HR Operations
5+ years of people leadership and experience developing high-performing teams, skilled in coaching and mentoring
Extensive experience identifying needs and designing compensation programs to fit the business
Experience leading across a sales platform with multiple business units and regional locations
Demonstrated experience as a strong communicator and relationship-builder, with self-awareness to accept input & feedback, and partner with peers to drive change
Prior commercial real estate or financial services experience strongly preferred
Excellent interpersonal skills with the ability to convey complex compensation concepts to a diverse audience.
Ability to collaborate and influence cross-functionally to build strong relationships, drive innovation, and foster a culture of continuous improvement
Professional certifications including CCP (Certified Compensation Professional) and/or CSCP (Certified Sales Compensation Professional) strongly preferred.
Additional designations/certifications in Accounting and/or Human Resources strongly preferred

***This position can be based in our corporate headquarters in Minneapolis or Dallas, or in many of our larger offices Dallas, Atlanta, Denver, Washington D.C., Tulsa, or Chicago. Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more! Minnesota Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The salary range for the Director, Compensation & HR Operations position is $170,000.00 to $190,000.00 annually. This range is a good faith estimate and the actual compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.