Executive Compensation Lead

Truist BankCharlotte, NC
Onsite

About The Position

Serve as a strategic partner with direct exposure to senior executives and members of the Truist Board of Directors, leading 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. For this opportunity, Truist will not sponsor an applicant for work visa status or employment authorization, nor will we offer any immigration-related support for this position. This includes, but is not limited to: H-1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN-1, TN-2, E-3, O-1, Future sponsorship for U.S. lawful permanent residence status. LOCATION: Please note that candidate must be located in the posted location (Charlotte, NC). Truist in office requirement is 5 days per week. No full remote or relocation assistance available at this time.

Requirements

  • Bachelor’s degree or equivalent education, training, and work-related experience.
  • Minimum of 10 years of professional experience as an in-house compensation professional or 5 years of professional compensation experience with a consulting firm.
  • Strong knowledge of all aspects of executive compensation program design.
  • Proxy statement disclosure and Board material preparation experience.
  • Project management experience.
  • English (Required) Language Fluency

Nice To Haves

  • Advanced graduate degree in Business, Finance, Human Resources, or 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, along with pay for performance analyses and market assessments to inform executive compensation strategy and decision making.
  • Partner with internal stakeholders to help 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, including coordination with internal partners and external vendors.

Benefits

  • medical
  • dental
  • vision
  • life insurance
  • disability
  • accidental death and dismemberment
  • tax-preferred savings accounts
  • 401k plan
  • vacation
  • sick days
  • paid holidays
  • defined benefit pension plan
  • restricted stock units
  • deferred compensation plan
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