Executive Compensation Analyst

Truist Bank • Charlotte, NC

13d • Onsite

About The Position

Assist with the administration of equity-based compensation programs, directors’ compensation programs, and other plans and agreements administered by Executive Compensation with minimal guidance. THIS POSITION WILL BE IN THE OFFICE 5 DAYS A WEEK IN OUR TRUIST/CHARLOTTE OFFICE

Requirements

• Bachelor's degree or equivalent and 3 years of professional experience or an equivalent combination of education and experience
• At least 2 years of demonstrated experience using principles, practices, theories, and/or methodologies associated with the Human Resources discipline
• Ability to solve problems by analyzing possible solutions using experience, judgment and precedents
• Ability to communicate complex information in a straightforward manner as appropriate for the intended audience
• Analytical experience working with Excel, Access or other databases. Intermediate skills in MS Office software
• Strong analytical, organizational, interpersonal and communication skills

Nice To Haves

• 4 years of experience as a compensation or benefits professional.
• Project management experience.
• Experience working with HRIS systems.
• Knowledge and understanding of accounting and financial concepts, especially as they relate to compensation and benefits including tax and accounting treatment, SEC regulations and filings, proxy disclosures, Internal Revenue Code Section 409A.

Responsibilities

• Monitor, analyze, and administer facets of the Corporation's long term incentive equity stock plans to include communications, granting, exercises, releases and termination of all equity awards for executives, teammates and Directors.
• Perform daily, monthly, and annual reconciliations between payroll transactions and general ledger accounts for Executive Compensation payments such as equity-related transactions, contract payments, AIP payments and Director payments.
• Maintain data integrity of the stock administration system and periodically validate the accuracy of database information, including all insider data, teammate data, tax withholding rates, and award information.
• Analyze and review components of the Corporate Director compensation programs, including payment processing and reconciliations.
• Analyze and review components of the Corporate Annual Incentive Plan program, including accruals, budgeting and the payment process.
• Provide broad-based analytical support to the team for administering the annual incentive plan program and equipment program.
• Work closely with key stakeholders of Executive Compensation to include Payroll, Accounts Payable, Legal, Audit and program participants.

Benefits

• All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
• Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
• Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
• Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees