Compensation Manager – Vice President, Corporate & Investment Bank

July 11, 2023
Apply Now

Job Description

  • Full Time
  • Anywhere

JPMorgan Chase

As a Compensation Manager on our Compensation team, you will support the compensation strategy and execution for key businesses within the Corporate & Investment Bank. You must have a critically important balance of business acumen, organizational agility, strategy development and analytical capability to implement initiatives that directly support the businesses.

This role will drive the compensation strategy and execution for Corporate & Investment Bank Operations as well as contribute to the Europe, Middle East and Africa (EMEA) Compensation Agenda. As a trusted Compensation Manager, you will provide strategic solutions and expert advice to the business and HR business advisors; combining in-depth knowledge of compensation principles, understanding of the business needs, market and regulatory landscape, and associated detailed analysis/models.

Job Responsibilities:

  • Lead the annual compensation planning processes, including building tools, performing analysis and reporting to determine compensation funding, allocation and spend, and working with Finance and HR business advisors.
  • Develop a comprehensive understanding of business issues and priorities; effectively analyze and diagnose issues; provide clear advice and recommendations to help partners make informed and sound comp-related decisions.
  • Support and advise on compensation related activities, including new hire offers, promotions, transfers, budget allocation/forecasting and top talent retention.
  • Participate in compensation surveys; independent analysis of internal and external benchmarking data to support business’ rationale for compensation decision and strategy; communicate compensation best practices.
  • Align with HR business advisors to identify opportunities, improve existing compensation programs, policies and processes to ensure they support business strategy and help improve performance.
  • Actively participate in Corporate Investment Bank and firm-wide projects involving compensation, including but not limited to policy reviews and changes in compensation practices
  • Help simplify and improve the way we do things with fresh ideas, strategy, design iteration and implementation to ensure our compensation programs, policies and processes align with business strategy, best practice and our risk and controls framework.
  • Support and contribute to the EMEA Compensation Agenda including regulatory and region-specific compensation activities

Required Qualifications, Capabilities, and Skills:

  • Relevant HR/Compensation/Finance experience, direct management of compensation planning required.
  • Ability to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleagues with ability to work within a matrixed, geographically dispersed, complex business.
  • Self-starter who is comfortable working in a fast-paced/dynamic environment with ability to work well under pressure and to manage multiple priorities.
  • Strong analytical, critical thinking and data/information management skills.
  • Strong technical skills; Advanced MS Excel and proficiency with other Microsoft applications required. Business Objects preferred.
  • Strong interpersonal and communication skills; ability to convey a story through analysis and metrics.
  • Proven consulting and influencing skills; ability to drive business goals through HR / Compensation strategies in an innovative and creative way.

About us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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. In accordance with applicable law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

About the Team

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.

Source