Senior Director Gl. & Exec. Compensation (m/f/d) in Herzogenaurach

Purpose & Overall Relevance for the Organization:Lead Compensation and Variable Pay (STI and LTI) Program Design and oversee Governance inclusive of Executive Compensation for adidas globally. Actively consult with and advise the SVP HR Rewards on these matters. Design and deliver proposals to the adidas Board and the HR Senior Leadership Team together with SVP HR Rewards. Own the overarching Compensation Strategy and lead projects and initiatives covering key areas of Compensation and specific Variable Pay programs. Define a robust Compensation governance framework, in close collaboration with HR Rewards Program Delivery, and work with Senior Leaders to role-model its principles. Ensure compliance with regulatory requirements for Compensation. Oversee adidas equity incentive plan design and future equity plan development. Key Responsibilities:Program Design:Identify opportunities and drive change to Compensation Products and Programs based on thorough research and analysis and in alignment with the adidas business and Talent strategies, as well as HR and Rewards prioritiesProvide guidance on the Compensation Philosophy and support decision-making by providing compensation alternatives and/or recommendations in complex cases and/or unique requirementsCoordinate material for the adidas Board, including competitive data and plan design implicationsPrepare and deliver proposals to the adidas Board and HR and Business Senior LeadershipDesign, achieve buy-in for and implement compensation products and policies which support the strategic direction of the company and foster employee attraction, engagement and retentionOversee the design and delivery communications material related to global Executive Compensation programsEnsure cost and tax efficiency of Executive Compensation programs, in close partnership with Group Finance, Group Tax and Legal. Co-define budgeting and accrual principlesGovernance:Create and deliver an innovative and sustainable Global Compensation approach based on the Rewards Strategy and Philosophy Anticipate future trends and implications for Rewards programsProvide ongoing evaluation of compensation and incentive programs to ensure alignment with strategy.Design and manage compilation of Executive Compensation reporting for the adidas Board and HR Senior Leadership TeamSet the cadence of regular Compensation policies reviews and self-auditsEnsure accuracy and compliance with all regulatory requirements, oversee thorough tracking and reporting.Create and operationally deliver governance principles covering executive gradingCreate and oversee governance principles covering executive severanceMonitor the effectiveness and ongoing development of adidas equity incentive programs in alignment with adidas business strategyOperational:Advise and provide guidance to operational Executive compensation activities, such as grading, benchmarking, compensation packages and transparency for global functionsInvolve in Incentive Target Setting together with Finance and Strategy, preparing necessary analysisOversee the design and delivery communications material related to global Compensation programsLead compensation processes (i.e. aside from the global Salary Review process) for Executives, i.e. the benchmarking process as well as the separate decision process for certain positionsConsult and advise Executives as appropriateCreate and review executive compensation packages and severance arrangementsManagement:Work with the SVP HR Rewards and the Rewards Senior Leadership Team to ensure full alignment and market-application of products and programsDevelop strategic partnerships with Finance, HR and Legal to understand their strategies and ensure Compensation programs are fully understoodManage relationships to and contractual relationships with relevant external vendorsParticipate in, moderate and represent in external networks Key Relationships:HR Senior Leadership Team Rewards Partners HR Rewards Market Leads & Rewards Functions in MarketsHR Rewards Activation LeadGlobal Business Services (GBS)HR Strategy OfficeHR TalentGroup Accounting and ControllingGroup LegalGroup TaxesCorporate CommunicationsExternal consultants and project teamsKnowledge, Skills and Abilities:Strong ability to collaborate and bring people to work togetherConfidence with and negotiation skills towards high level stakeholdersAmbition to constantly challenge the status quoDesire to bring up fresh perspectivesDemonstrated multi-cultural skills and global mind-setStrong analytical and think-through skills to put new ideas into concepts, actionable programsKnowledge on and experience with financial valuation and simulationConstant appetite to learn and extend knowledge about developments and trendsInternational and risk-taking mindsetStrong Communication skillsExcellent command of English languageExcellent knowledge of MS-Office applicationsRequisite Education and Experience / Minimum Qualifications: University degree or adequate education with emphasis on business or Total RewardsProven executive management influencing skills10+ years of overall work experience within HR, Compensation & BenefitsMinimally two years direct exposure to Executive Compensation8+ years of leadership experience of direct or indirect teamsExperience working in an international matrix organizationHigh level of affinity to and experience with Business computing solutions