Compensation Manager-Retail Banking

PNC Financial Services Group, Inc.; Cleveland (OH); On-site; USD 50,000 - 275,000; Full time

Benefits offered by this job

Health insurance

Dental & vision

Life insurance

Disability protection

401(k) with match

Pension plan

Stock purchase plan

Dependent care reimbursement

Back-up care

Education assistance

Wellness program

Job summary

PNC Financial Services Group, Inc. is seeking a Compensation Manager to lead development, implementation, and communication of compensation programs across the Total Rewards portfolio.

The role focuses on budgeting analysis, policy alignment with organizational goals, and ensuring compliance with regulations. You will oversee HRIS data accuracy, incentive calculations, and reporting to determine pay grades, while guiding senior leaders with creative pay solutions.

Qualifications

• Industry experience typically 8+ years.
• Minimum 5 years of prior management experience.
• In lieu of a degree, a comparable combination of education, certification and experience may be considered.

Responsibilities

• Develop, implement, maintain, and communicate compensation programs and policies.
• Advise senior management on pay program alignment with organizational goals.
• Oversee data in HRIS for compensation information and incentive calculations.
• Manage job evaluations, salary surveys, and analytical reporting to determine pay grades.

Skills

Compensation Analysis

Compensation Management

Total Rewards

People Management

Salary Planning

HR Operations

HR Policies

Education

University degree

Masters/PhD desirable

Job description

Position Overview

At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work together each day to foster an inclusive workplace culture where all of our employees feel respected, valued and have an opportunity to contribute to the company’s success. As a Compensation Manager within PNC's Total Rewards organization, you will be based in Cleveland, OH; Pittsburgh, PA; Washington, DC. PNC is an in-office company that fosters a supportive culture where employees can thrive and achieve balance. We encourage candidates to connect with their recruiter and hiring manager to understand workplace expectations and ensure the role aligns with their goals. PNC will not provide sponsorship for employment visas or participate in STEM OPT for this position.

Job Description

Manages the development, implementation, maintenance and communication of the organization's compensation programs, policies and processes. Oversees the analysis of budgets and plans within various pay programs. Advises senior management on aligning the pay programs, policies and procedures with organizational goals; implements creative solutions to specific comp-related programs. Ensures the effectiveness of existing compensation practices and regulations compliance, making timely revisions when needed, and keeping senior staff informed of any updated policies. Oversees the data within the HRIS to ensure the accuracy of compensation information including incentive calculations, approvals for award payments, and payment records. Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay grades based on findings.

Qualifications

Successful candidates must demonstrate appropriate knowledge, skills, and abilities for a role. Listed below are skills, competencies, work experience, education, and required certifications/licensures needed to be successful in this position.

Preferred Skills

Benefits Administration, Business Acumen, Compensation Analysis, Compensation Management, Compensation Strategies, Human Resources (HR), Human Resources Operations, People Management, Salary Planning, Total Rewards Competencies Business Acumen, Compensation Management, Human Resources Policies, Strategies And Environment, Workforce Analytics Work Experience Roles at this level typically require a university / college degree. Higher level education such as a Masters degree, PhD, or certifications is desirable. Industry experience is typically 8+ years. At least 5 years of prior management experience is typically required. In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.

Benefits

PNC offers a comprehensive range of benefits to help meet your needs now and in the future. Depending on your eligibility, options for full-time employees include:

• medical/prescription drug coverage (with a Health Savings Account feature)
• dental and vision options
• employee and spouse/child life insurance
• short and long-term disability protection
• 401(k) with PNC match, pension and stock purchase plans
• dependent care reimbursement account
• back-up child/elder care
• adoption, surrogacy, and doula reimbursement
• educational assistance, including select programs fully paid
• a robust wellness program with financial incentives

In addition, PNC generally provides the following paid time off, depending on your eligibility:

• maternity and/or parental leave
• up to 11 paid holidays each year
• 9 occasional absence days each year, unless otherwise required by law
• between 15 to 25 vacation days each year, depending on career level
• years of service

To learn more about these and other programs, including benefits for full time and part-time employees, visit pncthrive.com.

Disability Accommodations Statement

If an accommodation is required to participate in the application process, please contact us via email at [e-mail]. Please include “accommodation request” in the subject line title and be sure to include your name, the job ID, and your preferred method of contact in the body of the email. Emails not related to accommodation requests will not receive responses. Applicants may also call 877-968-7762 and say \"Workday\" for accommodation assistance. All information provided will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. At PNC we foster an inclusive and accessible workplace. We provide reasonable accommodations to employment applicants and qualified individuals with a disability who need an accommodation to perform the essential functions of their positions.

Equal Employment Opportunity (EEO)

PNC provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or other categories protected by law. This position is subject to the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA) and, for any registered role, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) and/or the Financial Industry Regulatory Authority (FINRA), which prohibit the hiring of individuals with certain criminal history.

Application Window

Generally, this opening is expected to be posted for two business days from 09/11/2026, although it may be longer with business discretion.

Pay Transparency

Base Salary: $50,000.00 – $274,560.00. Salaries may vary based on geographic location, market data and on individual skills, experience, and education. This role is incentive eligible with the payment based upon company, business and/or individual performance.

California Residents Refer to the California Consumer Privacy Act Privacy Notice to gain understanding of how PNC may use or disclose your personal information in our hiring practices. For nearly 160 years, PNC has strived to make a meaningful impact for our employees, customers, communities, and shareholders. We believe our success and positive reputation are built on open and honest dialogue, an unwavering focus on smart risk management, relationship-based customer service and community investments. Our inclusive workplace allows our employees to be heard, valued, and developed to do their best work. Being a great place to work means we are making a lasting difference for everyone we serve. Check out the top reasons to join PNC. PNC’s total rewards package includes things like time off, benefits, learning and career development, wellness programs, recognition and much more. The benefits and programs highlighted below are just a sampling of what PNC offers its employees. To learn more, visit our Total Rewards page.