Job Description

Division: People & Organization (P&O)

Team: Reward

Job Purpose / Summary

The Compensation & Benefits Analyst is an experienced specialist responsible for researching, analyzing, and supporting the design, implementation, and continuous improvement of compensation and benefits programs in an international environment. The role delivers data-driven insights and contributes to modern, competitive, and compliant Total Rewards practices.

Key Responsibilities

• Analyze and support compensation and benefits programs including salary structures, incentives, and benefits.
• Provide expertise on job evaluation, benchmarking, green mobility , and international reward topics.
• Conduct market analysis, internal equity reviews, scenario modelling, and cost analysis.
• Deliver insights and recommendations to HR and business stakeholders.
• Support compensation review and bonus cycles.
• Drive continuous improvement of reward processes, tools, and frameworks.
• Identify and originate opportunities for digitization and automation of reward activities.
• Partner with IT and HR teams to explore and implement AI-driven use cases in Total Rewards (e.g. analytics, forecasting, decision support).
• Ensure compliance with governance, policies, and regulatory requirements.
• Contribute to the wider Total Rewards projects and initiatives as required.

Scope & Level Expectations

• Operates autonomously within a defined area of expertise with strong analytical judgment.
• Fully proficient in a compensation & benefits sub-domain within an international context.
• Influences outcomes through expertise, insights, and stakeholder collaboration.
• Actively contributes to innovation and continuous improvement in reward practices.

Required Qualifications & Experience

• Bachelor's or Master's degree in HR, Business, Finance, Economics or related field.
• Typically, 5-8+ years of experience in Compensation & Benefits, Reward, or a similar HR field.
• Demonstrated experience with salary reviews, benchmarking, job evaluation, and reward analysis.
• Good understanding of compensation methodologies, governance, and market practices.
• Experience in an international or matrixed organization is preferred.

Skills & Competencies

• Strong analytical and problem-solving skills with ability to interpret complex datasets.
• Ability to translate data into actionable insights and business recommendations.
• Continuous improvement mindset with proactive approach to optimizing processes.
• Digital and innovation mindset with appetite to leverage technology and AI in HR practices.
• Strong communication and stakeholder management skills.
• High level of confidentiality and professionalism.
• Advanced Excel and PowerPoint skills.

Stakeholder Interaction / Collaboration

• Partner with HR, business leaders, and cross-functional teams.
• Collaborate with IT and data teams on system improvements and AI initiatives.
• Support interactions with external vendors and market data providers.
• Contribute to governance, reporting, and decision-making processes.

Success Measures

• High-quality, accurate, and actionable reward analysis.
• Effective execution of reward cycles and processes.
• Tangible improvements in efficiency through process optimization and digital initiatives.
• Adoption of innovative or AI-enabled approaches within Total Rewards.
• Strong stakeholder trust and collaboration.

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About Us

Why join us

Embark on your new adventure at Euroclear, and work at the heart of the global capital markets. We connect over 2,000 financial institutions across the globe. As an open and resilient infrastructure, we contribute to the stability of the financial markets. We help clients cut through complexity, lower costs, and mitigate risks of financial transactions. At Euroclear, we have the clear ambition to use our key role to facilitate and accelerate a sustainable global financial system.

What We Offer:

• Work closely with inspiring, supportive and engaged colleagues from more than 80 different countries.
• Practice your talents in a highly professional international environment.
• Join a learning and development environment with an emphasis on knowledge sharing and training.
• Competitive salary and comprehensive benefits.

Ways of working

Find your own optimal balance within our hybrid working model, where you can connect at the office 8 days a month and also benefit from remote working.

Great Place to Work for All

We are committed to creating an inclusive culture that celebrates diversity and strives to be a Great Place to Work for All. All qualified applicants will be considered for employment, regardless of any aspect that makes them unique (including race, religion, national origin, gender, sexual orientation, age, marital status, pregnancy, disability, ...). If you need any specific accommodation due to disability or any other reason, you can let the recruiter know during your application process. Our values guide how we work together and shape our future: Our mission and values - Euroclear