Vice President, Compensation

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🔥 0 minutes ago

🇺🇸 United States – Remote

💵 $300k - $365k / year

⏰ Full Time

🔴 Lead

👔 Vice President

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COMPASS Pathways

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 2016

🏥 Healthcare

⚕️ Healthcare Insurance

🧬 Biotechnology

💰 $80M Series B on 2020-04

Healthcare • Healthcare Insurance • Biotechnology

Compass Pathways is a mental health care company dedicated to helping people improve their mental well-being through innovative treatment options. The company is focused on developing therapies utilizing psilocybin, a naturally occurring compound found in certain mushrooms, as a treatment for various mental health conditions. They aim to build a new paradigm for mental healthcare by conducting clinical trials and research to demonstrate the safety and efficacy of their treatments.

📋 Description

• Develop and lead the company’s executive compensation strategy, including base salary, annual and long-term incentives, equity awards and retention arrangements • Advise the Chief People Officer, CEO and executive leadership team on executive pay, incentive design, compensation governance and emerging market practices • Partner with the Chief People Officer, CEO, Legal and external advisers to prepare recommendations and materials for the Board of Directors and Compensation Committee • Oversee executive compensation benchmarking, annual reviews, pay recommendations and incentive outcomes • Lead the company’s equity compensation strategy, including stock option and RSU awards, equity dilution and share usage • Oversee executive compensation disclosures and proxy statement preparation with Legal and external advisers • Establish and evolve the broader compensation philosophy, salary structures, job architecture and market-benchmarking frameworks • Oversee annual compensation planning, including merit increases, promotions, market adjustments and pay equity assessments • Partner with Finance on compensation budgeting, forecasting, financial modeling and the financial impact of compensation programs • Monitor market, regulatory, governance and investor developments to ensure compensation programs remain compliant and competitive • Provide data-driven compensation insights and recommendations to senior leaders using market data, analytics and industry trends

🎯 Requirements

• Bachelor’s degree in Human Resources, Business, Finance, Economics or a related discipline required • MBA or relevant master’s degree preferred • Significant progressive compensation experience with substantial expertise in executive compensation strategy, program design and governance • Demonstrated experience advising CEOs, executive leadership teams, Boards of Directors and Compensation Committees on executive pay strategy, reviews and governance • Proven expertise in equity compensation, including stock options, RSUs and performance-based long-term incentive programs • Strong experience in executive benchmarking, annual incentive design, compensation modeling and pay governance • Experience supporting a US commercial-stage organization, ideally within biotechnology, pharmaceuticals or the broader life sciences industry, strongly preferred • Experience within a publicly traded company highly desirable, including knowledge of SEC reporting, proxy statement requirements and executive compensation disclosure • Deep understanding of compensation market practices, regulatory requirements, tax considerations and compensation accounting principles • Advanced analytical and financial modeling skills • Excellent communication and presentation skills • Strong influencing, negotiation and stakeholder-management capabilities • Strategic, commercially minded and solutions-oriented • Discretion, sound judgment and integrity when handling confidential compensation matters • Employment rights in the country to which you are applying; employment visa sponsorship is unavailable

🏖️ Benefits

• Discretionary bonus • Equity • Flexibility and generous time off • Parental and reproductive support • Health and medical benefits • Mental health and wellbeing benefits • Financial health benefits • Reasonable accommodation during the interview process

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