Compensation Associate - Global Investment Bank

JPMorgan Chase & Co.; Jersey City (NJ); On-site; USD 90,000 - 140,000; Full time

Job summary

JPMorgan Chase & Co. in Jersey City seeks an Associate to join our Compensation team, supporting the compensation agenda for key businesses within the Corporate and Investment Bank. You will guide line and HR management on compensation actions, administer annual planning processes, and analyze market data.

This role partners with HRBPs and Finance, evaluates offers and promotions, supports budgeting, and conducts benchmarking surveys to inform compensation decisions.

Qualifications

• 3 years of HR/Compensation or Finance experience.
• Advanced Excel and data analysis skills.
• Strong analytical and communication abilities.
• Ability to work in a fast-paced, collaborative environment.
• Knowledge of PeopleSoft or Business Objects is a plus.

Responsibilities

• Provide end-to-end compensation planning and administrative support for annual processes across multiple lines of business.
• Evaluate and support compensation activities, partnering with Recruiting on offers, promotions, transfers, budgeting and retention.
• Participate in compensation surveys; analyze benchmarking data to support needs.
• Provide strategic compensation recommendations for projects, policy changes, and systems development.
• Act as SME on reporting tools and deliver accurate reporting to clients.
• Help simplify processes with fresh ideas to align with strategy and best practice.

Skills

Analytical thinking

Communication

Excel (advanced)

Attention to detail

Collaboration

Problem solving

Tools

PeopleSoft

Business Objects

Job description

We are seeking an Associate to join our Compensation team!

As an Associate within our Compensation team, you will support and help drive the compensation agenda for key businesses within the Corporate and Investment Bank. In this role, you will perform a variety of compensation activities, including providing guidance to line and HR management regarding compensation actions for employees, administering/coordinating annual compensation planning processes, and analyzing and reporting internal and external market compensation data.

Job responsibilities:

• Provide end-to-end compensation planning and administrative support for the annual compensation processes (both mid-year and year-end), involving coordination across multiple lines of business and working closely with HR Business Partners and Finance colleagues.
• Evaluate and provide day-to-day support on compensation related activities, including partnering with Recruiting on new hire offers, promotions, transfers, budget allocation/forecasting and top talent retention.
• Participate in compensation surveys; perform independent analysis of internal and external benchmarking data to support compensation needs.
• Provide strategic support, partnership, and compensation recommendations for various projects in the Corporate and Investment Bank and firmwide involving compensation, including policy reviews, changes in compensation practices, and systems development.
• Act as a subject matter expert on our team’s compensation reporting suite and engage with clients to deliver accurate reporting and address business questions, opportunities, and challenges.
• 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 and best practice

Required qualifications, capabilities, and skills:

• 3 years of HR/Compensation or Finance experience, with strong analytical, critical thinking, problem solving and data/information management skills
• High level of proficiency with Microsoft applications; advanced understanding of Excel is critical
• High attention to detail and ability to convey a story through analysis and metrics
• Strong interpersonal and communication skills
• Desire to work in a fast-paced, collaborative and constantly evolving environment; ability to problem solve independently, perform under pressure, manage multiple priorities and cultivate strong partnerships
• Ability to execute and sustain operational excellence incorporating appropriate controls
• Intellectual curiosity and a desire to learn

Preferred qualifications, capabilities, and skills:

• Knowledge of PeopleSoft and experience with Business Objects is preferred, but not required
• Prior experience in the financial services industry is ideal, but not mandatory

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).