Eric Grove Email & Phone Number

California, United States

San Francisco, California, Us

• Establishes trusted relationships with relevant key leaders, including the Bank’s CFO, CEO and the executive team. • Manages the development and implementation of the Bank’s total compensation strategy, including determining competitive compensation practice and pay for performance objectives.• Directs the design, administration and management of all Bank compensation programs and policies, including job evaluations, salary administration, incentive compensation programs. • Prepares comprehensive board materials for the Board of Directors’ Compensation Committee meetings. • Manages the ongoing executive and Bank-wide compensation programs that result in competitive and motivational performance reward plans, including Bank-wide and specific departmental incentive plans.• Manages the administration of the Bank’s executive compensation programs including incentive compensation plans and deferred compensation. • Manages and administers Bank-wide retirement programs: cash balance benefit plan, 401K, and non-qualified executive retirement plan benefits. • Manages the development of competitive and cost-effective benefit plans and programs that promote the health and welfare of employees and support the Bank’s benefit objectives. • Ensures that all benefits and compensation operations, plans, procedures and programs are in compliance with local, state and federal laws and regulations to prevent any undue tax or penalties to employees or the Bank.• Stays abreast of the continually evolving banking regulatory landscape and its impacts on the Bank and its compensation, benefits and HR practices. • Recommends courses of action that are consistent and compliant with Bank policies and legal regulations to ensure the Bank’s interests are protected and risk is mitigated.• Provides support to financial and legal areas related to compensation and benefits matters, such as SEC filings.

New York, Ny, Us

• Managed all aspects of global total compensation data, reporting, systems, and analytics.• Managed US$3 billion annual pay review process for 13,000 employees, across 30 countries.• Worked with senior management (CEO, President, COO) to allocate US$1.3 billion performance based discretionary bonus pools across 45 different lines of business.• Partnered with Finance team on monthly compensation expense forecast and corporate bonus accrual.• Created and managed standardized monthly reporting process for Compensation Consultants, HR Business Partners and Global Executive Committee members.• Partnered with internal IT development team to manage online compensation planning system.• Partnered with Global Marketing and Communications group to develop comprehensive compensation communication strategy.• Conducted firm-wide global pay review briefing sessions to ensure thoughtful, concise and timely delivery of critical information and processes.• Streamlined data management and reporting by transitioning core repeatable functions to HR Platform & Analytics team.• Member of 7 person strategic Total Rewards Leadership Team.

• Member of the BGI / BlackRock ‘insider’ M&A integration team.• Partnered with integration team to close BGI equity and long-term award plans prior to BlackRock acquisition.• Lead the wind down of the US$1 billion BGI Equity Ownership Plan.• Co-lead integration of BGI and BlackRock compensation and equity data onto a single data platform.• Managed annual global pay review process and online pay review system.• Facilitated quarterly iShares sales team quarterly bonus process.• Managed annual job matching process and market data submission process.• Managed Total Compensation Reporting & Analytics team.• Member of 5 person strategic Compensation Leadership Team.