Senior Director - Total Rewards

Scope of Leadership Role

A key influencer of Regal Rexnord's short and long-term business success depends on the ability to have the right talent, in the right roles at the right time to drive the enterprise strategy.

Reporting to the VP of Total Rewards, this unique role is responsible for providing the strategic direction in the design and execution of Regal Rexnord's global compensation and international benefits programs. This role collaborates with HR, Finance, Business leaders and our external partners / consultants to develop the global compensation and international benefits infrastructure to support the evolving business strategy and position the company to attract & retain top talent.

Core Responsibilities

This is a strategic and hands-on role that is responsible for building and leading the team that provides innovative design, quality consulting and impact to support Regal Rexnord's revenue growth aspirations. This role will provide thought leadership and be an effective partner to the HR leadership team as we develop compensation and international benefits strategies, build roadmaps of continuous improvement and provide communications that align with Regal Rexnord's employee value proposition. The successful candidate will leverage their expertise to lead Regal Rexnord's through assessing the effectiveness and competitiveness of the global compensation and international benefit plans while anticipating and navigating the ever-changing compliance landscape.

From a compensation perspective this will include the annual salary planning & merit planning process, job architecture, pay practices & policies. International benefits will include management of non-US benefits, partnering with our third-party global broker, identifying opportunities to drive synergies, and providing oversight on compliance and regulatory matters.

Successful candidate must be an experienced leader who is a skilled collaborator and able to generate win-win outcomes by building partnerships across the enterprise while aligning expectations and integrating various points of view.

This key leadership role provides the successful candidate with an opportunity to develop their leadership capabilities and impact while developing their competencies to be a successor to the VP of Total Rewards.

This is a hybrid role and can be located in our Rosemont, IL or Milwaukee, WI office.

Professional Experience / Qualifications

The successful candidate will bring considerable experience and a proven track record of leading all aspects of Compensation and International Benefits within a global organization. Must demonstrate a combination of strategic and hands on proven experience in the design, management, and administration of programs, preferably in a global industrial manufacturing environment. This leader must have the passion, energy, and intellectual curiosity necessary for a fast-paced, growth-driven environment.

Minimum Requirements :

• Deep experience of all components of compensation with a global perspective.
• Experience of job evaluation and job architecture in collaboration with Talent partners.
• Experience in managing international benefits, e.g., healthcare, global brokerage arrangements and international pooling as well as Financial Health / Retirement plans outside the USA.
• Leadership experience at a Senior level within a global organization.
• Full leverage and administer the company's global compensation plans and programs by utilizing Workday and other technologies.
• Collaborate and partner with HR leadership to understand their challenges related to compensation programs and key issues in attracting, motivating, and retaining high quality, diverse talent.
• Responsible for developing and delivering strong implementation of communication and change management plans for new and existing compensation program enhancements or changes while collaborating closely with stakeholders across the organization.
• Ensure on-going audits for internal compliance, governance, ensuring adherence to country, local and federal statutes, and laws.
• Bachelor's degree required in Finance, Business Administration or Human Resources. MBS or Master's degree preferred.
• At least 10 years of HR, Compensation, Benefits, and / or Finance experience.
• 5 years of global experience with designing, enhancing, or evolving compensation and international benefits programs.
• Excellent interpersonal and influencing skills to establish trust, credibility, and rapport at all levels of the organization; seen as humble, direct, and authentic while possessing executive presence.
• Proven ability to be hands on, roll up sleeves and demonstrate resourcefulness, initiative, results-orientation. Has a mindset of continuous improvement and can embrace Regal Rexnord's 80 / 20 principles.
• Ability to travel up to 10% globally.