Director Total Rewards

Our Purpose

We work to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. We cultivate a

culture of inclusion

for all employees that respects their individual strengths, views, and experiences. We believe that our differences enable us to be a better team - one that makes better decisions, drives innovation and delivers better business results.

Title and Summary

Director Total Rewards

Who is Mastercard?

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart, and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments, and businesses realize their greatest potential.

Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Overview

The Total Rewards Team delivers world class programs that position our company as an employer of choice. Our global team designs and delivers consumer focused compensation, benefits and mobility programs for our employees, and leads all human resources M&A activities.

This position will support the compensation and benefit teams by providing overall compensation consultative support and lead rewards projects and initiatives for the LAC region.

Role

Primary partner to designated business units on all compensation related items such as general support, providing proactive support for business issues, special projects ensuring market competitive pay and appropriate internal alignment.
- Partners with business leaders and People Business Partners (PBP) to provide local compensation guidance on all components of compensation (i.e. job evaluation, executive offers and the allocation of base, bonus and LTI at yearend)
- Working closely with the PBP(s), and local regional leadership on design requirements for total rewards programs that can be addressed across the Rewards disciplines and solutions
- Provides advice to business leaders on trends in all global rewards disciplines and their applicability to specific regional populations
- Leverages TR analytics to provide forward-looking TR market insights to PBPs and business leaders as well as historic trends
- Provides design consultation to the Rewards COE, leads on the design and development of Rewards programs based on priorities agreed between the business and P&C
- Proactively forecasts and prioritizes Rewards-related business needs to ensure business expectations are managed and resources within Total Rewards are aligned accordingly
- Directs compensation due diligence, cost analysis, retention strategies and other assessments in support of M&A transactions (as needed).
- Supports implementation of Rewards programs in respective regions and provides input and feedback to business leaders and other Rewards team members accordingly
- Partners with TR PMO function to ensure resource availability and change management support is planned where Rewards solutions are being designed and implemented.

All About You
- Demonstrate strong knowledge of Compensation programs, design practices, and administration
- Local understanding of Latin American and Caribbean markets required
- Demonstrated ability to build cross functional relationships through an understanding of the business
- Able to influence stakeholders across levels and functions
- Highly collaborative team player who proactively drives process improvements
- Strong excel, analytical, modelling, project management and communication skills and ability to use analytical thinking to leverage data for insights
- Strong attention to detail and sense of urgency
- Ability to prioritize, multi-task and meet deadlines in a fast-paced, dynamic, team environment

Corporate Security Responsibility

All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:
- Abide by Mastercard’s security policies and practices;- Ensure the confidentiality and integrity of the information being accessed;- Report any suspected information security violation or breach, and- Complete all periodic mandatory security trainings in accordance with Mastercard’s guidelines.