Compensation Consultant

Truist • Charlotte, NC

3d • Onsite

About The Position

The Compensation Consultant analyzes, designs, and reviews compensation programs and plans to support competitive and equitable practices. The role manages large, moderately complex compensation projects and assignments, guides compensation activities within its area of responsibility, and resolves general compensation-related issues. The position is based in Charlotte, North Carolina, and requires working in the office five days per week. Candidates must already be located there or be willing to relocate at their own expense; relocation assistance and full remote work are not available. Truist will not provide visa sponsorship or other immigration-related support for this position.

Requirements

• Bachelor’s degree or equivalent education, training, and work-related experience.
• At least 5 years of professional experience as a compensation professional.
• Strong working knowledge of compensation programs.
• Proficiency in Microsoft Office applications, especially Excel and PowerPoint.
• English fluency is required.
• Must be located in or willing to relocate to Charlotte, NC; relocation assistance is not available.
• Must be authorized to work without employer-provided visa sponsorship or immigration-related support.

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.
• Review competitive compensation assessments and recommend actions to support 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 as applicable
• 10 sick days, prorated as applicable
• Paid holidays
• Depending on position and division, a defined benefit pension plan, restricted stock units, and/or deferred compensation plan may be available

What This Job Offers

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