Sr. Compensation Consultant - Wealth
Sr. Compensation Consultant - Wealth
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Job Description
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
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.ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Provide advice and creative solutions for the most complex compensation issues
2. Build strong partnerships across the organization to effectively influence compensation related decisions in alignment with Truists compensation strategy
3. 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
4. Partner with leadership and partners to develop and structure market competitive equitable and compliant compensation programs in support of business needs and strategy
5. Analyze complex large scale and long-term compensation needs in order to support business strategy and/or operational and technical challenges
6. Collaborate and consult with peers partners and managers to resolve issues and achieve goals
7. Communicate interpret and apply compensation policies procedures and regulations to make decisions in support of initiatives and the execution of deliverables
8. Lead complex projects with oversight of resources accountability for risk mitigation and responsibility through implementation and communication
9. Mentor and help coach less experienced compensation professionals on the team
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelors degree or equivalent or an equivalent combination of education and experience
2. 8 years of demonstrated specialized and/or broad knowledge with Compensation or related discipline (Human Resources Finance etc.)
3. 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
4. Demonstrated ability to partner with business to understand business needs and develop suitable compensation / incentive programs
5. Demonstrated proficiency in basic computer applications such as Microsoft Office software products
Preferred Qualifications:
1. Previous experience as a compensation professional in a complex organization
2. Experience working in the financial services industry
3. Professional certification in HR related discipline (PHR SPHR CCP etc.)
4. Experience working with HRIS systems and Market Data tools
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the 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. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the LawPay Transparency Nondiscrimination Provision E-Verify
Required Experience:
Senior IC
Employment Type
Full-Time
