Associate Compensation Consultant

Truist Financial • Charlotte, NC

118d • Onsite

About The Position

The Associate Compensation Consultant will design, deliver, communicate, monitor and/or administer broad-based compensation programs and practices, including job attributes, pay structure, incentive plans, annual rewards and other compensation related programs. The role involves developing and implementing strategies for delivery of compensation to ensure competitiveness, appropriate linkages between pay and performance, and compliance with legal and regulatory requirements. The consultant will consult and partner with Human Resources Business Partners (HRBPs) and the business regarding ongoing compensation management, job evaluation, program/plan design, and other compensation related topics. The position is not remote and requires 4 days in the office at one of the Truist HUB locations.

Requirements

• Bachelor's degree or equivalent or an equivalent combination of education and experience.
• 3 years of demonstrated specialized and/or broad knowledge with Compensation or related discipline (Human Resources, Finance, etc.).
• Ability to lead projects of moderate complexity and risk exposure.
• Demonstrated ability to partner with business to understand business needs and develop suitable compensation/incentive programs.
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products.

Nice To Haves

• Previous project management experience.
• Experience working in a complex organization.
• Experience working in the financial services industry.
• Professional certification in HR related discipline (PHR, SPHR, CCP, etc.).
• Experience working with HRIS systems and Market Data tools.

Responsibilities

• Build strong partnerships with leaders within a moderately complex Line of Business (LOB) and/or corporate function, as well as HRBPs, to provide compensation related consulting services.
• Provide advice and creative solutions for moderately complex compensation issues.
• Perform analysis of all compensation-related issues within an LOB and/or corporate functional area.
• Evaluate alternative methods of compensation and design compensation packages for various functional areas and levels of management.
• Lead or participate in moderately complex projects with oversight of resources.
• May mentor less experienced teammates.
• Contribute to the development, communication and interpretation of compensation policies, procedures and regulations.

Benefits

• Medical, dental, vision, life insurance, disability, accidental death and dismemberment.
• Tax-preferred savings accounts.
• 401k plan.
• No less than 10 days of vacation during the first year of employment.
• 10 sick days.
• Paid holidays.
• Potential eligibility for defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree