Sr. Associate - Compensation & Benefits

Our Company

Oaktree is a leader among global investment managers specializing in alternative investments, with over $200 billion in assets under management. The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in credit, private equity, real assets and listed equities.  The firm has over 1400 employees and offices in 24 cities worldwide.

We are committed to cultivating an environment that is collaborative, curious, inclusive and honors diversity of thought. Providing training and career development opportunities and emphasizing strong support for our local communities through philanthropic initiatives are essential to our culture.

For additional information please visit our website at www.oaktreecapital.com.

Position Summary:

We are seeking a Compensation and Benefits Manager to lead the design, implementation, and administration of our compensation and benefits programs for the Hyderabad Office. This role is critical in ensuring our offerings are competitive, equitable, and aligned with our business goals and talent strategy.

Job Architecture

• Work with HR Business Partners and Global Compensation team to
  • Design and implement a comprehensive job architecture framework aligned with business strategy.
  • Define job families, levels, and titles across all functions.
  • Lead change management and communication efforts related to job architecture.
• Partner with Compensation, Talent Acquisition, and Business Leaders to ensure alignment.
• Conduct job evaluations and benchmarking using market data.
• Maintain governance and continuous improvement of the framework.

Compensation Strategy & Management

• Participate in the development, deployment and administration of compensation plans that are fair, competitive, supportive of organizational strategies and compliant with company direction, local laws, pay equity or other statutory requirements
• Work with Global Compensation and HYD HR team to design and manage compensation structures including base pay, variable pay, and incentive programs.
• Conduct market benchmarking and salary surveys to ensure competitiveness.
• Lead annual compensation review cycles, including merit increases, bonuses, and promotions. Includes partnering with HR business partners to accumulate, input, and review comp data used during year-end compensation process via beqom system.
• Partner with HR Business Partners and Talent Acquisition to ensure internal equity and external competitiveness.

Benefits Administration

• Work with Global Benefits team to oversee the administration of employee benefits programs (health, wellness, retirement, insurance, etc.).
• Evaluate and recommend enhancements to benefits offerings based on employee needs and market trends.
• Manage vendor relationships and ensure compliance with service-level agreements.
• Lead benefits communication and education initiatives to improve employee understanding and engagement.

Compliance & Governance

• Ensure all compensation and benefits programs comply with local labor laws and regulations.
• Maintain documentation and audit readiness for internal and external reviews.
• Monitor legislative changes and assess impact on current programs.

Analytics & Reporting

• Develop and maintain dashboards and reports to track compensation and benefits metrics.
• Provide insights and recommendations to leadership based on data analysis.
• Support budgeting and forecasting processes related to total rewards.

Qualifications

• Master’s degree in human resources.
• 8+ years of experience in compensation and benefits, with at least 2 years in a similar role.
• Strong knowledge of compensation frameworks, benefits design, and regulatory compliance.
• Proficiency in HRIS systems and data analytics tools.
• Strong working knowledge of Microsoft Office (PowerPoint, Excel, Outlook); working knowledge of Workday is a plus

Personal Attributes

• Excellent interpersonal, verbal, and written communication skills
• A team player with high emotional intelligence 
• Highly organized with strong initiative and a superior work ethic
• Outstanding organizational and project management skills with strong attention-to-detail in a fast-paced environment
• Champion of diversity and inclusion
• High integrity; must be able to handle highly confidential situations with professionalism and tact

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service,  marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment.

This policy applies to all Oaktree applicants, employees, clients, and contractors.

Equal Opportunity Employment Policy

Oaktree is committed to diversity and to equal opportunity employment. Oaktree does not make employment decisions on the basis of race, creed, color, ethnicity, national origin, citizenship, religion, sex, sexual orientation, gender identity, gender expression, age, past or present physical or mental disability, HIV status, medical condition as defined by state law (genetic characteristics or cancer), pregnancy, childbirth and related medical conditions, veteran status, military service, marital status, familial status, genetic information, domestic violence victim status or any other classification protected by applicable federal, state and local laws and ordinances. This policy applies to hiring, placement, internal promotions, training, opportunities for advancement, recruitment advertising, transfers, demotions, layoffs, terminations, recruitment advertising, rates of pay and other forms of compensation and all other terms, conditions and privileges of employment. This policy applies to all Oaktree applicants, employees, clients, and contractors. Staff members wishing to report violations or suspected violations of this policy should contact the head of their department or Human Resources.

For positions based in Los Angeles

For those applying for a position in the city of Los Angeles, the firm will consider for employment qualified applicants with a criminal history in a manner consistent with applicable federal, state and local law.