Compensation Associate, Business

The Commercial & Investment Banking Compensation team is looking for an experienced Compensation Associate to support the development and execution of compensation strategies for our Global Markets, Sales, Research, and Securities Services businesses. This role requires a blend of analytical skills, attention to detail, problem-solving and effective communication.

As a Compensation Associate within the Commercial & Investment Banking Compensation team, you will play a key part in helping our businesses attract and retain the talent needed to succeed in a changing environment.

Job responsibilities:

• Providing compensation consulting and thought leadership to business leaders and business unit functions in close partnership with HR Business Advisors
• Performing complex analyses and presenting findings to senior management
• Consulting with HR Business Advisors, Recruiting and Senior Managers to create competitive offer packages for key strategic hires
• Reviewing and approving of offer packages to ensure competitiveness and compliance with corporate governance guidelines
• Leading compensation related projects and initiatives involving multiple stakeholders with significant strategic and financial impact
• Continually assessing market conditions and pay practices to ensure competitiveness of compensation plans and programs
• Translating regulatory and policy governance/requirements into clear guidance for clients
• Leveraging 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:

• 3 years relative HR and/or compensation experience
• Bachelor’s degree required
• Well-developed analytical skills
• Ability to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleagues
• Strong problem-solving skills and the ability to adapt quickly to changing business priorities
• Ability to drive business goals through HR / Compensation strategies and toaddress issues / devise solutions with creativity and innovation
• Exceptional systems skills. Advanced MS Excel skills required
• Ability to drive and sustain operational excellence and to develop controls