The Commercial & Investment Banking Compensation team has an exciting opportunity for a high-energy, experienced Compensation Associate to create and execute compensation strategies for an organization within Global Banking. This individual must have a critically important balance of business acumen, organizational agility, strategy development and analytical capability to drive initiatives that directly support JPMorgan Chase's corporate function.
As a Compensation Associate within Global Banking, you will execute the compensation strategy for the assigned client area. You will devise and implement compensation approaches to attract, reward and retain the talent necessary to meet JPMC’s goals in a rapidly changing environment.
Job responsibilities:
Provide compensation consulting and thought leadership to business leaders and business unit functions in close partnership with HR Business Advisors
Perform complex analyses and present findings to senior management
Consult with HR Business Advisors, Recruiting and Senior Managers to create competitive offer packages for key strategic hires
Review and approve offer packages to ensure competitiveness and compliance with corporate governance guidelines
Lead compensation related projects and initiatives involving multiple stakeholders with significant strategic and financial impact
Assess market conditions and pay practices to ensure competitiveness of compensation plans and programs
Translate regulatory and policy governance/requirements into clear guidance for clients
Leverage corporate partners and firm-wide resources to achieve desired outcomes efficiently and with consistency across lines of business, where appropriate
Required qualifications, capabilities, and skills:
Bachelor’s degree required
3 years relative HR and/or compensation experience
Advanced MS Excel skills required
Well-developed analytical skills
Ability to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleagues
Strong planning and project management skills
Ability to drive business goals through HR / Compensation strategies and to address issues / devise solutions with creativity and innovation
Ability to drive and sustain operational excellence and to develop controls
Bachelor’s degree required
Preferred qualifications, capabilities, and skills:
Exceptional systems skills; Business Objects and Web intelligence / Desktop Intelligence skills preferred
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).
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
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
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.
Human Resources plays a critical role in driving the employee experience, shaping the firm’s culture and building a diverse and inclusive workforce. We are a strategic partner to the business — working with leaders across the firm to hire, develop and retain the best people and help meet business goals. Together, we foster a work environment in which our people are supported, feel like they belong and are able to make an impact through their work. We develop and deliver a suite of products and services that help make JPMorgan Chase an employer of choice and drive our business forward.
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