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VP, Executive Compensation

Mumbai Permanent INR4,500,000 - INR5,500,000 per year View Job Description
The VP, Executive Compensation will play a vital role in designing, implementing, and managing executive compensation strategies that align with organisational goals. This position focuses on delivering competitive compensation packages for senior management while ensuring compliance with industry standards and regulations.
  • Opportunity to work in a global investment management firm
  • Opportunity to make an impact in a global role

About Our Client

The firm is a global leader in alternative investing with assets across complementary credit, private equity, and real estate strategies. They invest across the capital structure where their integrated investment platforms and proprietary operating capabilities create an edge to improve performance and drive long-term value.

Job Description

  • Lead the development, execution, and governance of the firm's carry and deferred compensation programs for fund strategies
  • Partner with senior leadership, tax, legal, HR, and compliance to refine plan mechanics, eligibility criteria, vesting schedules, and distribution methodology
  • Manage detailed financial modeling and scenario analysis for current and proposed carry structures across funds, ensuring equitable and performance-aligned outcomes
  • Oversee accurate tracking and reconciliation of carry pool allocations, participant ledgers, and accrued/realized carry metrics across fund vintages
  • Monitor fund performance, valuation events, and waterfall mechanics to ensure accurate carry projections and payout calculations
  • Provide insight and reporting to senior leadership on carry pool utilization, projected payouts, and long-term incentive costs
  • Manage the accounting books in coordination with tax team to ensure timely and accurate issuance of K-1s
  • Collaborate on the automation of carry tracking processes using systems such as Anaplan or custom-built tools to reduce operational risk and improve transparency
  • Own and update carry plan policies and documentation to reflect current practices and support firm governance

The Successful Applicant

  • 10+ years of experience in finance, compensation, or fund operations, with a deep focus on carried interest or deferred compensation within the alternative asset management space
  • Strong foundation in partnership accounting, incentive plan mechanics, and hedge fund economics
  • Undergraduate degree in finance, accounting, economics, or a related field; CPA is a plus
  • Advanced Excel and financial modeling skills; experience with Anaplan, Business Central, or similar systems is preferred
  • Outstanding organizational and project management skills with a track record of delivering on complex, cross-functional initiatives
  • Exceptional communication skills, with the ability to translate technical concepts for non-technical stakeholders
  • High integrity and discretion in handling sensitive compensation information
  • Ability to think strategically while executing with a strong attention to detail

What's on Offer

  • Competitive salary
  • Generous leave policies and flexible working arrangements.
  • Opportunities for professional development and advancement.
  • Collaborative and inclusive company culture.
  • Exposure to strategic decision-making processes.



This is an exciting opportunity for seasoned professionals in the human resources industry. If you are passionate about executive compensation and looking for a challenging role, we encourage you to apply

Quote job ref
JN-062025-6764736

Job summary

Function
Human Resources
Sub Sector
Compensation & Benefits
What is your area of specialisation?
Financial Services
Location
Mumbai
Job Type
Permanent
Job Reference
JN-062025-6764736

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.