Compensation Associate - Global Investment Bank

JPMorganChase; Jersey City (NJ); On-site; USD 90,000 - 120,000; Full time

Job summary

JPMorganChase in Jersey City, NJ seeks an Associate for its Compensation team to drive and support compensation actions across corporate and investment banking. You will guide management on compensation actions, coordinate annual planning, and analyze market data to inform decisions.

Responsibilities include end-to-end planning, benchmarking, and reporting, with a focus on improving processes and aligning programs with business strategy.

Qualifications

• 3 years of HR/Compensation or Finance experience with strong analytics.
• Advanced Excel and MS Office skills.
• Attention to detail and ability to convey a story through data and metrics.
• Strong interpersonal and communication skills.
• Desire to work in a fast-paced, collaborative environment; ability to solve problems independently.
• Intellectual curiosity and willingness to learn.

Responsibilities

• Provide end-to-end compensation planning and administrative support for annual processes across multiple lines of business.
• Collaborate with HR Business Partners and Finance on offers, promotions, transfers, budgeting and top talent retention.
• Participate in compensation surveys and benchmark data analysis to support needs.
• Provide strategic support on compensation projects, policy changes, and systems development.
• Act as a subject matter expert on reporting and engage with clients to deliver accurate insights.
• Suggest improvements to compensation programs and processes with fresh ideas.

Skills

Analytical thinking

Excel proficiency

Communication skills

Collaboration

Problem solving

Operational excellence

Curiosity/learning

Tools

PeopleSoft

Business Objects

Job description

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).

About Us

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 childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

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. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

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.

Human Resources plays a critical role in driving the employee experience, shaping the firm's culture and building a diverse and inclusive workforce. We are a strategic partner to the business — working with leaders across the firm to hire, develop and retain the best people and help meet business goals. Together, we foster a work environment in which our people are supported, feel like they belong and are able to make an impact through their work. We develop and deliver a suite of products and services that help make JPMorgan Chase an employer of choice and drive our business forward.