Executive Compensation Lead
About The Position
Serve as a strategic partner with direct exposure to senior executives and members of the Truist Board of Directors. Lead the development of executive and Director compensation materials, including Compensation and Human Capital Committee materials and proxy statement disclosures, while providing analysis, governance, and advisory support to drive competitive, compliant, and effective executive compensation practices. The role is based in Charlotte, North Carolina, and requires working in the office five days per week. Relocation is considered. Truist will not provide visa sponsorship or immigration-related support for this position.
Requirements
- Bachelor’s degree or equivalent education, training, and work-related experience.
- At least 10 years of professional experience as an in-house compensation professional, or at least 5 years of professional compensation experience with a consulting firm.
- Strong knowledge of all aspects of executive compensation program design.
- Experience with proxy statement disclosures and Board material preparation.
- Project management experience.
Nice To Haves
- Advanced graduate degree in Business, Finance, Human Resources, or a related field.
- Experience in the compensation consulting or financial services industry.
Responsibilities
- Lead the development and coordination of Compensation and Human Capital Committee materials.
- Lead the preparation and review of executive compensation content for proxy statement disclosures and other external reporting.
- Develop and deliver compensation program recommendations and materials, including pay-for-performance analyses and market assessments, to inform executive compensation strategy and decision-making.
- Partner with internal stakeholders to design, evaluate, and implement executive compensation programs, including base salary, short-term incentives, long-term incentives, and perquisites.
- Partner with the Board's independent compensation consultant to conduct benchmarking and assess internal equity, alignment with market practices, governance standards, and shareholder expectations.
- Support compliance with applicable regulatory, accounting, and disclosure requirements, while identifying and managing risk through sound governance practices.
- Administer Director compensation programs and manage the annual Director deferred compensation enrollment process, coordinating with internal partners and external vendors.
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
- Depending on the position and division, possible eligibility for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan
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What This Job Offers
Job Type
Full-time
Career Level
Senior
