Commercial & Investment Banking Compensation Associate

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 c