Senior Director of Compensation Consulting, Corporate Functions
Charlotte, VT - USA
Job Summary
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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 Director of Compensation Consulting Corporate Functions leads high impact consulting for Truists Corporate Functions shaping how the organization attracts rewards and retains talent. This role partners closely with senior leaders and executives to translate business priorities into competitive equitable and compliant compensation programs while driving large complex initiatives with enterprise wide impact. Serving as a trusted advisor this role provides direct compensation leadership for Truist Corporate Functions including Human Resources Finance Legal Audit Risk Technology Data and Operations and the Office of Corporate and Administrative Affairs. The role directly manages and develops a team of compensation professionals and collaborates with internal and external stakeholders to drive outcomes through strong governance clear executive communication and disciplined execution.ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.
1. Manages the execution of comprehensive compensation strategies established by Senior Management and Executives.
2. Manages complex compensation programs covering base pay short-term and long-term incentives allowances deferred compensation and sales compensation as well as non-cash rewards and recognition programs.
3. Leads job analysis evaluation classification benchmarking and market survey participation to maintain competitive and equitable compensation.
4. Provides strategic guidance on compensation to Senior Management and Executives.
5. Collaborates with external consultants and vendors to design and enhance compensation programs and policies.
6. Oversees communications regarding compensation program features plans and options to diverse stakeholders.
7. Ensures compliance with regulatory requirements accounting standards and financial reporting related to compensation.
8. Manages and develops a team of compensation professionals.
9. Leads large complex compensation projects and initiatives with significant organizational impact.
10. Establishes operational plans and goals for the compensation function with short- to mid-term (e.g. 0-3 years) impact on results.
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 education training and work-related experience.
2. Minimum of 12 years of professional experience in compensation with progressive management responsibilities.
3. Strong knowledge of all aspects of compensation program design and management.
4. Experience leading projects.
Preferred Qualifications
1. Advanced graduate degree in Business Finance Human Resources or related field.
2. Certified Compensation Professional (CCP) designation.
3. Experience in the financial services industry.
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.
Required Experience:
Exec
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