Incentive Compensation Associate

PNC Bank•Pittsburgh, PA
•Onsite

About The Position

PNC is hiring an Incentive Compensation Associate for its Total Rewards organization, based in Pittsburgh, Pennsylvania, or Cleveland, Ohio. Under supervision, the associate administers and executes non-annual incentive compensation for applicable business segments. The role focuses on quarterly incentive processes, data accuracy, and correct calculations, and includes reviewing and testing system changes in Varicent and supporting process improvements during off-cycle periods. The associate also provides day-to-day research and communication for field inquiries, conducts analytics and modeling, and supports projects that enhance employee awareness and understanding of incentive programs. PNC describes this position as in-office and emphasizes an inclusive, supportive workplace. Employment visa sponsorship and STEM OPT participation are not available for this position.

Requirements

  • Typically, a university or college degree and less than one year of professional experience, or successful completion of a formal development program.
  • In lieu of a degree, a comparable combination of education, job-specific certifications, and experience, including military service, may be considered.
  • Demonstrate appropriate knowledge, skills, and abilities for the role, including accuracy and attention to detail, business acumen, business analytics, effective communication, problem solving, and project management.
  • Demonstrate customer focus and the ability to assess and manage risks in accordance with PNC's Enterprise Risk Management Framework.

Nice To Haves

  • Skills in business, compensation and benefits, compensation management, financial analysis, HR information systems (HRIS), human resources, payroll, payroll processing, process improvements, or project management.

Responsibilities

  • Administer and execute non-annual incentive compensation for applicable business segments.
  • Manage day-to-day administration of incentive compensation processes, including quarterly processes.
  • Monitor compliance with internal controls by auditing and testing incentive inputs and outputs.
  • 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 system changes in Varicent and support process improvements during off-cycle periods.

Benefits

  • Medical and prescription drug coverage, including a Health Savings Account feature.
  • Dental and vision options.
  • Employee and spouse/child life insurance.
  • Short- and long-term disability protection.
  • 401(k) with PNC match.
  • Pension and stock purchase plans.
  • Dependent care reimbursement account.
  • Back-up child and elder care.
  • Adoption, surrogacy, and doula reimbursement.
  • Educational assistance, including select fully paid programs.
  • Wellness program with financial incentives.
  • Maternity and/or parental leave.
  • Up to 11 paid holidays each year.
  • 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.
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