Executive Compensation Lead

Truist Bank


Job Location:

Charlotte, NC - USA

Monthly Salary: Not Disclosed
Posted on: 23 hours ago
Vacancies: 1 Vacancy

Job Summary

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Serve as a strategic partner with direct exposure to senior executives and members of the Truist Board of Directors leading the development of executive and Director compensation materials including Compensation and Human Capital Committee materials and proxy statement disclosures while providing analysis governance and advisory support to drive competitive compliant and effective executive compensation practices.

**For this opportunity Truist will not sponsor an applicant for work visa status or employment authorization nor will we offer any immigration-related support for this position. This includes but is not limited to:

  • H-1B

  • F-1 OPT

  • F-1 STEM OPT

  • F-1 CPT

  • J-1

  • TN-1

  • TN-2

  • E-3

  • O-1

  • Future sponsorship for U.S. lawful permanent residence status

LOCATION: Please note that candidate must be located in the posted location (Charlotte NC). Truist in office requirement is 5 days per week. No full remote or relocation assistance available at this time.

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.

  • Lead the development and coordination of Compensation and Human Capital Committee materials.

  • Lead the preparation and review of executive compensation content for proxy statement disclosures and other external reporting.

  • Develop and deliver compensation program recommendations and materials along with pay for performance analyses and market assessments to inform executive compensation strategy and decision making.

  • Partner with internal stakeholders to help design evaluate and implement executive compensation programs including base salary short-term incentives long-term incentives and perquisites.

  • Partner with the Boards independent compensation consultant to conduct benchmarking and assess internal equity alignment with market practices governance standards and shareholder expectations.

  • Support compliance with applicable regulatory accounting and disclosure requirements while identifying and managing risk through sound governance practices.

  • Administer Director compensation programs and manage the annual Director deferred compensation enrollment process including coordination with internal partners and external vendors.

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 10 years of professional experience as an in-house compensation professional or 5 years of professional compensation experience with a consulting firm.

3. Strong knowledge of all aspects of executive compensation program design.

4. Proxy statement disclosure and Board material preparation experience.

5. Project management experience.

Preferred Qualifications
1. Advanced graduate degree in Business Finance Human Resources or related field.

2. Experience in the compensation consulting or 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.

EEO is the Law E-Verify IER Right to Work

The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll be invited to create a profile which will let you see your application status and any communications. If you already have ...

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