Vice President, Equity Compensation Vice President, Equity Compensation …

Brookfield Asset Management
in Toronto, ON, Canada
Permanent, Full time
Be the first to apply
Competitive
Brookfield Asset Management
in Toronto, ON, Canada
Permanent, Full time
Be the first to apply
Competitive
Vice President, Equity Compensation
Brookfield Asset Management Inc. ("Brookfield") is a global alternative asset manager with over $350 billion in assets under management. Brookfield has more than a 115-year history of owning and operating assets with a focus on property, renewable power, infrastructure and private equity. Brookfield offers a range of public and private investment products and services, which leverage their expertise and experience and provide a distinct competitive advantage in the markets in which they operate.

Brookfield is seeking an experienced leader to join our collaborative team of Human Resources Professionals as Vice President, Equity Compensation, ideally located in Toronto or alternatively New York City. This newly created role is responsible for managing existing long-term incentive plans (LTIP) for asset management employees and supporting the Human Resources Business Partners ("HRBPs") in developing new LTIP plans as required for each of their growing businesses.

Primary Responsibilities:
  • Understand and embrace overall compensation philosophy;
  • Develop a strong understanding of all long-term incentive plans ("LTIPs") including various types of equity plans, full value plans, option plans, fund carry plans and phantom equity plans;
  • Oversee the tracking and reporting of all LTIPs to ensure appropriate governance and administration;
  • Work closely with the tax group to understand the tax treatment of existing compensation plans, and incorporate tax considerations in the design of new plans;
  • Work closely with the Global Business and Regional HRBPs to ensure consistency and coordination across businesses and regions;
  • Work with HRBPs to create LTIPs for new funds;
  • Preparation of LTIP materials for compensation committee and board meetings
  • Drive HR operational efficiency by setting common and consistent LTIP practices, processes and programs across the organization and by centralizing and automating transactional parts of the process;
  • Develop reports that provide relevant information to the employees and company and, where possible, automate the LTIP reporting process;

Requirements:
  • 8+ years of relevant, senior HR experience including a minimum of 2 to 3 years in a VP level role, preferably attained in a medium-to-large size Asset Management organization with complex long-term incentive plans, supported by a well-recognized brand;
  • Experience leading an equity compensation team and providing leadership and guidance in addressing issues to ensure sound administration of the plans in place;
  • Demonstrated ability to partner with the business to manage equity programs;
  • A solid understand of tax implications of LTIPs and practical experience managing LTIP set up and payments;
  • Experience in compensation reporting requirements for listed companies;
  • Strong analytical and quantitative skills (math oriented), with a keen attention to detail;
  • An understanding of general total compensation practices and/or compensation/HR generalist experience;
  • Proven track record in moving from a planning perspective to effective execution and operations;
  • Solid financial, record keeping and computation abilities (including advanced Excel skills);

To succeed, the ideal candidate will need to demonstrate the following:
  • An ability to present well thought-out recommendations for overall business improvements and solutions to complex issues;
  • An understanding of leading technology in the management of LTIPs;
  • An understanding of reporting needs and ability to provide insightful reports to the executive team;
  • Initiative, intellectual curiosity, flexibility and comfort with complexity;
  • Excellent written communication skills and a demonstrated ability to present issues to a diverse group in a compelling and influential manner;
  • An ability to work in a fast-paced, collaborative team environment, balancing multiple priorities and stakeholders, while meeting deadlines and managing work outputs;
  • Confidence and executive presence - can handle pressure and remain 'calm under fire';
  • Can effectively build context around an issue, quickly analyze the situation broadly and facilitate resolution;
  • Influence and persuasion, capable of conveying complex compensation information, business strategies, and actionable analysis to senior leaders and other key stakeholders;
  • Adaptable to a culture that embraces face-to-face interaction and encourages an 'always accessible' attitude;
  • Ability to build and maintain effective working relationships at all levels in the organization;
  • Ability to achieve results through others in a team-based and cross-functional environment;
  • A high level of integrity and sound judgement; widely respected as one who is ethical and trustworthy.


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