Sr. Compensation Consultant - Wealth

Truist Bank • Charlotte, NC

11d

About The Position

The Senior Compensation Consultant provides comprehensive consulting in support of aligned business areas within Truist to ensure the effective delivery, communication, and administration of compensation programs and practices including job attributes, pay structure, incentive plans, and annual processes.

Requirements

• Bachelor's degree or equivalent or an equivalent combination of education and experience
• 8 years of demonstrated specialized and/or broad knowledge with Compensation or related discipline (Human Resources, Finance, etc.)
• Ability to lead projects of significant complexity and risk exposure and to exercise judgment in solving technical, operational, and organizational challenges in the context of business objectives and priorities
• Demonstrated ability to partner with business to understand business needs and develop suitable compensation / incentive programs
• Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Nice To Haves

• Previous experience as a compensation professional in a complex organization
• Experience working in the financial services industry
• Professional certification in HR related discipline (PHR, SPHR, CCP, etc.)
• Experience working with HRIS systems and Market Data tools

Responsibilities

• Provide advice and creative solutions for the most complex compensation issues
• Build strong partnerships across the organization to effectively influence compensation related decisions in alignment with Truist’s compensation strategy
• Perform analysis of all compensation-related issues within aligned scope of responsibility; this may include market pricing/grading of exempt and nonexempt positions, organization design, design and administration of short-term incentives, to ensure consistent and equitable establishment across the enterprise
• Partner with leadership and partners to develop and structure market competitive, equitable and compliant compensation programs in support of business needs and strategy
• Analyze complex, large scale, and long-term compensation needs in order to support business strategy and/or operational and technical challenges
• Collaborate and consult with peers, partners, and managers to resolve issues and achieve goals
• Communicate, interpret, and apply compensation policies, procedures, and regulations to make decisions in support of initiatives and the execution of deliverables
• Lead complex projects with oversight of resources, accountability for risk mitigation and responsibility through implementation and communication
• Mentor and help coach less experienced compensation professionals on the team

Benefits

• 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