Compensation Associate - Global Investment Bank
Jersey City, NJ, USA
We are seeking an Associate to join our Compensation team!
As an Associate within our Compensation team, you will support and help drive the compensation agenda for key businesses within the Corporate and Investment Bank. In this role, you will perform a variety of compensation activities, including providing guidance to line and HR management regarding compensation actions for employees, administering/coordinating annual compensation planning processes, and analysing and reporting internal and external market compensation data.
Job responsibilities:
- Provide end-to-end compensation planning and administrative support for the annual compensation processes (both mid-year and year-end), involving coordination across multiple lines of business and working closely with HR Business Partners and Finance colleagues.
- Evaluate and provide day-to-day support on compensation related activities, including partnering with Recruiting on new hire offers, promotions, transfers, budget allocation/forecasting and top talent retention.
- Participate in compensation surveys; perform independent analysis of internal and external benchmarking data to support compensation needs.
- Provide strategic support, partnership, and compensation recommendations for various projects in the Corporate and Investment Bank and firmwide involving compensation, including policy reviews, changes in compensation practices, and systems development.
- Act as a subject matter expert on our team’s compensation reporting suite and engage with clients to deliver accurate reporting and address business questions, opportunities, and challenges.
- Help simplify and improve the way we do things with fresh ideas, strategy, design iteration and implementation to ensure our compensation programs, policies and processes align with business strategy and best practice
Required qualifications, capabilities, and skills:
- 2 years of HR/Compensation or Finance experience, with strong analytical, critical thinking, problem solving and data/information management skills
- High level of proficiency with Microsoft applications; advanced understanding of Excel is critical
- High attention to detail and ability to convey a story through analysis and metrics
- Strong interpersonal and communication skills
- Desire to work in a fast-paced, collaborative and constantly evolving environment; ability to problem solve independently, perform under pressure, manage multiple priorities and cultivate strong partnerships
- Ability to execute and sustain operational excellence incorporating appropriate controls
- Intellectual curiosity and a desire to learn
Preferred qualifications, capabilities, and skills:
- Knowledge of PeopleSoft and experience with Business Objects is preferred, but not required
- Prior experience in the financial services industry is ideal, but not mandatory
To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
Join our team as a Compensation Associate!