What are the responsibilities and job description for the Commercial & Investment Banking Compensation Associate position at JPMorgan Chase?
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
2 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).