Managing Director, Total Rewards

Opportunity Overview

The Managing Director of Total Rewards plays a key leadership role in the strategic design, implementation, and governance of the firm's compensation, benefits, retirement, and wellbeing programs across North America, working in close partnership with and under the direction of the Head of Total Rewards. This role partners closely with senior leadership to ensure total rewards strategies support business objectives, promote pay equity, ensure regulatory compliance, and maintain market competitiveness. The Managing Director oversees the total rewards budget, leads market and data analytics, manages external vendors, and drives communication strategies that enhance employee understanding and appreciation of the firm's rewards offerings. Key Responsibilities
Total Rewards Strategy & Design
- Partner in the development and leadership of a comprehensive North American total rewards strategy aligned with business objectives, organizational culture, and talent acquisition and retention goals.
- Anticipate market and workforce trends to ensure programs remain competitive, scalable, and aligned with evolving business needs. Compensation Governance
- Oversee Home Office and Client Support Team Member compensation strategies, including base salary programs, short- and long-term incentive plans, and executive compensation.
- Establish and maintain strong compensation governance frameworks to ensure consistency, equity, and alignment with performance and business outcomes. Benefits & Wellbeing
- Oversee the design, implementation, and administration of health, welfare, retirement, and wellbeing programs.
- Ensure offerings are competitive, cost-effective, and aligned with employee needs and organizational financial objectives. Compliance & Risk Management
- Ensure all total rewards programs comply with applicable federal, state, local, and international regulations, including FLSA, ERISA, and pay transparency requirements.
- Proactively identify and mitigate legal, financial, and reputational risks related to rewards programs. Executive & Board Relations
- Prepare, present, and advise on materials for the Compensation Committee, Benefits Management Committee, Benefits Administrative Committee, Welfare Committee, and Pricing and Compensation Committee. Market Benchmarking & Analytics
- Lead complex market benchmarking, competitive analysis, and internal equity reviews.
- Leverage data and analytics to inform decision-making, program design, and executive recommendations. Vendor & Stakeholder Management
- Manage senior-level relationships with brokers, consultants, and third-party administrators.
- Lead request-for-proposal (RFP) processes and evaluate vendors to ensure high-quality service delivery and cost efficiency. Team Leadership
- Lead, mentor, and develop a high-performing team of compensation and benefits professionals.
- Foster collaborative, data-driven, and high-accountability team culture. Leadership & Core Competencies
- Strategic Thinking & Vision
- Leadership & Influence
- Communication & Storytelling
- Problem-Solving & Resilience
- Ethical Judgment & Risk Awareness
- Organizational Awareness

EEO Statement

Edward Jones does not discriminate on the basis of race, color, gender, religion, national origin, age, disability, sexual orientation, pregnancy, veteran status, genetic information or any other basis prohibited by applicable law.

Company Description

Join a financial services firm where your contributions are valued. Edward Jones is a Fortune 500¹ company where people come first. With over 9 million clients and 20,000 financial advisors across the U.S. and Canada, we're proud to be privately-owned, placing the focus on our clients rather than shareholder returns.

Behind everything we do is our purpose: We partner for positive impact to improve the lives of our clients and colleagues, and together, better our communities and society. We are an innovative, flexible, and inclusive organization that attracts, develops, and inspires performance excellence and a sense of belonging.


People are at the center of our partnership. Edward Jones associates are seen, heard, respected, and supported. This is what we believe makes us the best place to start or build your career.


View our Purpose, Inclusion and Citizenship Report.

¹Fortune 500, published June 2024, data as of December 2023. Compensation provided for using, not obtaining, the rating.

Awards and Accolades

At Edward Jones, we are building a place where everyone feels like they belong. We're proud of our associates' contributions to the firm and the recognitions we have received.

Check out our U.S. awards and accolades: Insights & Information Blog Postings about Edward Jones

Check out our Canadian awards and accolades: Insights & Information Blog Postings about Edward Jones

Position Requirements

- Bachelor's degree required; Master's degree preferred.
- 12+ years of progressive experience in Total Rewards leadership
- Professional certifications preferred: CCP, CBP, CECP.

Salary Information

Edward Jones' compensation and benefits package includes medical and prescription drug, dental, vision, voluntary benefits (such as accident, hospital indemnity, and critical illness), short- and long-term disability, basic life, and basic AD&D coverage. Short- and long-term disability, basic life, and basic AD&D coverage are provided at no cost to associates. Edward Jones offers a 401k retirement plan, and tax-advantaged accounts: health savings account, and flexible spending account. Edward Jones observes ten paid holidays and provides 15 days of vacation for new associates beginning on January 1 of each year, as well as sick time, personal days, and a paid day for volunteerism. Associates may be eligible for bonuses and profit sharing. All associates are eligible for the firm's Employee Assistance Program. For more information on the Benefits available to Edward Jones associates, please visit our benefits page.