Incentive Compensation Associate

PNC•Pittsburgh, PA

2d•$40,000 - $68,750•Onsite

About The Position

The Incentive Compensation Associate is part of PNC's Total Rewards organization and is based in Pittsburgh, Pennsylvania, or Cleveland, Ohio. Under supervision, the role administers and executes non-annual incentive compensation, with a focus on managing quarterly incentive processes, maintaining data accuracy, and ensuring correct calculations. The associate also reviews and tests system changes in Varicent and supports process improvements during off-cycle periods. The position supports applicable business segments through day-to-day incentive administration, analytics, technology, and research. It monitors compliance with internal controls by auditing and testing incentive inputs and outputs, provides analytics and modeling to support organizational financial and operational soundness, and responds to field inquiries. The associate also leads business-specific projects intended to improve employee awareness and understanding of incentive programs. PNC describes itself as an in-office company and encourages candidates to discuss workplace expectations with their recruiter and hiring manager. The role requires customer focus and effective risk management consistent with PNC's Enterprise Risk Management Framework. PNC will not provide employment visa sponsorship or participate in STEM OPT for this position.

Requirements

Bachelor's degree.
Typically, less than one year of professional experience and/or successful completion of a formal development program; a comparable combination of education, job-specific certifications, and experience (including military service) may be considered in lieu of a degree.
Demonstrated appropriate knowledge, skills, and abilities for the role.
Strong attention to detail and a desire to learn.
Required skills and competencies include accuracy and attention to detail, business acumen, business analytics, effective communications, incentive programs, problem solving, and project management.

Nice To Haves

Preferred skills include business, compensation and benefits, compensation management, financial analysis, human resource information systems (HRIS), human resources, payroll, payroll processing, process improvements, and project management.

Responsibilities

Administer and execute non-annual incentive compensation under supervision.
Carry out day-to-day administration of non-annual incentive compensation for applicable business segments.
Manage quarterly incentive processes and help ensure accurate data and calculations.
Audit and test incentive inputs and outputs to monitor compliance with internal controls.
Provide analytics and modeling to support organizational financial and operational soundness.
Use technology to support incentive calculations and analytics for applicable business segments.
Research and communicate responses to field inquiries.
Lead business-specific projects designed to improve employee awareness and understanding of incentive programs.
Review and test Varicent system changes and support process improvements during off-cycle periods.
Focus on customer needs and satisfaction when making business decisions, and manage risks in accordance with PNC's Enterprise Risk Management Framework.

Benefits

Medical and prescription drug coverage, including a Health Savings Account feature, for eligible full-time employees.
Dental and vision options.
Employee and spouse/child life insurance.
Short- and long-term disability protection.
401(k) with PNC match.
Pension plan.
Stock purchase plan.
Dependent care reimbursement account.
Back-up child and elder care.
Adoption, surrogacy, and doula reimbursement.
Educational assistance, including select programs that are fully paid.
Wellness program with financial incentives.
Maternity and/or parental leave, depending on eligibility.
Up to 11 paid holidays each year, depending on eligibility.
Nine occasional absence days each year, unless otherwise required by law.
Between 15 and 25 vacation days each year, depending on career level and years of service.