Commercial & Investment Banking Compensation Associate

JPMorgan Chase & Co.Wilmington, DE
6h

About The Position

The Commercial & Investment Banking Compensation team has an exciting opportunity for a high-energy, experienced Compensation Associate to create and execute compensation strategies for an organization within Global Banking.  This individual must have a critically important balance of business acumen, organizational agility, strategy development and analytical capability to drive initiatives that directly support JPMorgan Chase's corporate function. As a Compensation Associate within Global Banking, you will execute the compensation strategy for the assigned client area.  You will devise and implement compensation approaches to attract, reward and retain the talent necessary to meet JPMC’s goals in a rapidly changing environment.

Requirements

  • Bachelor’s degree required
  • 2+ years relative HR and/or compensation experience
  • Advanced MS Excel skills required
  • Well-developed analytical skills
  • Ability to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleagues
  • Strong planning and project management skills
  • Ability to drive business goals through HR / Compensation strategies and to  address issues / devise solutions with creativity and innovation
  • Ability to drive and sustain operational excellence and to develop controls
  • Bachelor’s degree required

Nice To Haves

  • Exceptional systems skills; Business Objects and Web intelligence / Desktop Intelligence skills preferred

Responsibilities

  • Provide compensation consulting and thought leadership to business leaders and business unit functions in close partnership with HR Business Advisors
  • Perform complex analyses and present findings to senior management
  • Consult with HR Business Advisors, Recruiting and Senior Managers to create competitive offer packages for key strategic hires
  • Review and approve offer packages to ensure competitiveness and compliance with corporate governance guidelines
  • Lead compensation related projects and initiatives involving multiple stakeholders with significant strategic and financial impact
  • Assess market conditions and pay practices to ensure competitiveness of compensation plans and programs
  • Translate regulatory and policy governance/requirements into clear guidance for clients
  • Leverage corporate partners and firm-wide resources to achieve desired outcomes efficiently and with consistency across lines of business, where appropriate

Benefits

  • We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location.
  • Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions.
  • We also offer a range of benefits and programs to meet employee needs, based on eligibility.
  • These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more.
  • Additional details about total compensation and benefits will be provided during the hiring process.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

5,001-10,000 employees

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