Compensation Consultant

Truist Bank • Charlotte, NC

1d • Onsite

About The Position

Analyzes, designs, and reviews compensation programs and plans to ensure competitive and equitable practices. Manages large, moderately complex compensation projects and assignments, guides compensation activities across the area of responsibility, and solves general compensation-related issues. The role supports compensation program design and administration, reviews compensation plans, analyzes jobs and market data, and recommends improvements that promote internal equity and market competitiveness. The position is based in Charlotte, North Carolina, and requires working in the office five days per week. Candidates must already be located in or be willing to self-relocate to Charlotte; relocation assistance is not available. Truist will not sponsor work visas or provide immigration-related support for this position.

Requirements

• Bachelor’s degree or equivalent education, training, and work-related experience.
• Minimum of 5 years of professional experience as a compensation professional.
• Strong working knowledge of compensation programs.
• Proficiency in Microsoft Office applications, especially Excel and PowerPoint.

Nice To Haves

• Proven compensation experience within an Audit or Corporate Functions area.
• Experience in the financial services industry.
• Certified Compensation Professional (CCP) designation.
• Project management experience.
• Experience working with HRIS systems and Market Data tools.

Responsibilities

• Support the design and administration of compensation programs, including salary structures, incentive plans, and pay policies, under limited supervision.
• Review compensation plans covering base pay, short-term and long-term incentives, allowances, deferred compensation, and sales compensation.
• Analyze compensation through job analysis, classification, benchmarking, and participation in market surveys.
• Identify, develop, and support non-cash rewards and recognition programs to enhance employee engagement.
• Analyze general compensation-related issues and use prior experience to make adjustments or recommend enhancements to solve problems.
• Analyze and review competitive compensation assessments and make recommendations to ensure internal equity and market competitiveness.
• Understand regulatory requirements related to compensation programs.
• Work on large, moderately complex compensation and reward program projects and assignments, and provide guidance to lower-level professionals.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• Accidental death and dismemberment coverage
• Tax-preferred savings accounts
• 401(k) plan
• At least 10 days of vacation during the first year, prorated based on hire date and full-time or part-time status
• 10 sick days, prorated
• Paid holidays
• May be eligible for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan depending on position and division

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level