Human Capital Management, Business Compensation, Associate, Salt Lake City

Goldman Sachs Bank AG; Salt Lake City (UT); On-site; USD 80,000 - 100,000; Full time

Job summary

A leading global investment banking firm is seeking a Business Compensation Associate in Salt Lake City. The role involves designing compensation programs, conducting benchmarking, and collaborating with cross-functional teams. Ideal candidates have strong analytical skills and experience in compensation. Join a dynamic team focused on attracting and retaining top talent while driving efficiencies in compensation processes.

Qualifications

• 4+ years of experience in compensation or a related area.
• Proficient in analyzing large data sets and presenting insights clearly.

Responsibilities

• Partner with HCM Business Partners to design compensation programs.
• Conduct benchmarking initiatives with consultants and HCM peers.
• Analyze hiring and turnover trends to advise on talent strategies.

Skills

Problem Solving

Analytical Skills

Communication

Project Management

Attention to Detail

Education

Bachelor's degree in Finance

Bachelor's degree in Accounting

Bachelor's degree in Mathematics

Bachelor's degree in HR

Tools

Excel

Job description

Human Capital Management, Business Compensation, Associate, Salt Lake City location_on Salt Lake City, Utah, United States

Opportunity Overview sitemap_outline CORPORATE TITLE Senior Analyst language OFFICE LOCATION(S) Salt Lake City assignment JOB FUNCTION Firmwide Compensation account_balance DIVISION Human Capital Management Division

Our division recruits, develops, and rewards the people of Goldman Sachs. Our teams advise, design, and implement strategies, processes, and technologies that help our people advance professionally, drive productivity, and help the firm and our clients achieve superior results. We look for individuals with strong problem-solving and analytical skills, innovative thinking, and intellectual curiosity who want to make an impact on the success of the firm’s most valuable asset, our people.

OUR IMPACT

The Business Compensation team develops and implements our compensation philosophy, policies, and practices worldwide, supporting our efforts to attract and retain top talent. This role involves liaising with departments such as Controllers, Legal, and Tax, and supporting other HCM functions like Employee Relations, Executive Compensation, Equity Compensation, and Global Mobility Services.

JOB SUMMARY & RESPONSIBILITIES

1. Partner with HCM Business Partners to design divisional compensation programs and deliver projects aligned with firm and divisional strategies.
2. Conduct benchmarking initiatives with consultants and HCM peers; provide key findings to divisional leadership throughout the year.
3. Collaborate with cross-functional HCM teams to structure new hire compensation packages.
4. Identify opportunities for process improvement and automation by engaging with the Firmwide Compensation team, driving efficiencies across the function.
5. Analyze hiring and turnover trends to understand market movements and advise senior stakeholders on talent attraction and retention strategies.
6. Assist in designing compensation programs and policies, including financial modeling and implementation planning.
7. Manage compensation budgets in partnership with divisional finance teams and oversee the year-end compensation process.
8. Review and approve various compensation transactions.

QUALIFICATIONS

• Bachelor's degree in Finance, Accounting, Mathematics, or a related HR field preferred.
• 4+ years of experience in compensation or a related area.
• Proficient in analyzing large data sets and presenting insights clearly.
• Capable of managing multiple projects with tight deadlines while maintaining high-quality work.
• Highly organized with strong attention to detail and follow-through.
• Excellent written and verbal communication skills; able to build relationships across HCM groups.
• Advanced Excel skills, including vLookups, PivotTables, and formulas.
• Proactive in problem-solving and escalation when needed.
• Ability to work independently and collaboratively in a fast-paced, global environment.

About Goldman Sachs

Founded in 1869, Goldman Sachs is a leading global investment banking, securities, and investment management firm headquartered in New York, with offices worldwide. We are committed to diversity, inclusion, and providing opportunities for professional and personal growth. Learn more at GS.com/careers.

We accommodate candidates with disabilities during our recruiting process. More info: https://www.goldmansachs.com/careers/footer/disability-statement.html

Goldman Sachs is an equal opportunity employer and does not discriminate based on race, color, religion, sex, national origin, age, veteran status, disability, or other protected characteristics.