Job Description
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
The Senior Compensation Consultant provides comprehensive consulting in support of aligned business areas within Truist to ensure the effective delivery, communication, and administration of compensation programs and practices including job attributes, pay structure, incentive plans, and annual processes.ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Provide advice and creative solutions for the most complex compensation issues
2. Build strong partnerships across the organization to effectively influence compensation related decisions in alignment with Truist’s compensation strategy
3. Perform analysis of all compensation-related issues within aligned scope of responsibility; this may include market pricing/grading of exempt and nonexempt positions, organization design, design and administration of short-term incentives, to ensure consistent and equitable establishment across the enterprise
4. Partner with leadership and partners to develop and structure market competitive, equitable and compliant compensation programs in support of business needs and strategy
5. Analyze complex, large scale, and long-term compensation needs in order to support business strategy and/or operational and technical challenges
6. Collaborate and consult with peers, partners, and managers to resolve issues and achieve goals
7. Communicate, interpret, and apply compensation policies, procedures, and regulations to make decisions in support of initiatives and the execution of deliverables
8. Lead complex projects with oversight of resources, accountability for risk mitigation and responsibility through implementation and communication
9. Mentor and help coach less experienced compensation professionals on the team
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree or equivalent or an equivalent combination of education and experience
2. 8 years of demonstrated specialized and/or broad knowledge with Compensation or related discipline (Human Resources, Finance, etc.)
3. Ability to lead projects of significant complexity and risk exposure and to exercise judgment in solving technical, operational, and organizational challenges in the context of business objectives and priorities
4. Demonstrated ability to partner with business to understand business needs and develop suitable compensation / incentive programs
5. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Preferred Qualifications:
1. Previous experience as a compensation professional in a complex organization
2. Experience working in the financial services industry
3. Professional certification in HR related discipline (PHR, SPHR, CCP, etc.)
4. Experience working with HRIS systems and Market Data tools
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.
If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).
Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
The Senior Compensation Consultant provides comprehensive consulting in support of aligned business areas within Truist to ensure the effective delivery, communication, and administration of compensation programs and practices including job attributes, pay structure, incentive plans, and annual processes.ESSENTIAL DUTIES AND RESPONSIBILITIES
1. Provide advice and creative solutions for the most complex compensation issues
2. Build strong partnerships across the organization to effectively influence compensation related decisions in alignment with Truist’s compensation strategy
3. Perform analysis of all compensation-related issues within aligned scope of responsibility; this may include market pricing/grading of exempt and nonexempt positions, organization design, design and administration of short-term incentives, to ensure consistent and equitable establishment across the enterprise
4. Partner with leadership and partners to develop and structure market competitive, equitable and compliant compensation programs in support of business needs and strategy
5. Analyze complex, large scale, and long-term compensation needs in order to support business strategy and/or operational and technical challenges
6. Collaborate and consult with peers, partners, and managers to resolve issues and achieve goals
7. Communicate, interpret, and apply compensation policies, procedures, and regulations to make decisions in support of initiatives and the execution of deliverables
8. Lead complex projects with oversight of resources, accountability for risk mitigation and responsibility through implementation and communication
9. Mentor and help coach less experienced compensation professionals on the team
QUALIFICATIONS
Required Qualifications:
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor's degree or equivalent or an equivalent combination of education and experience
2. 8 years of demonstrated specialized and/or broad knowledge with Compensation or related discipline (Human Resources, Finance, etc.)
3. Ability to lead projects of significant complexity and risk exposure and to exercise judgment in solving technical, operational, and organizational challenges in the context of business objectives and priorities
4. Demonstrated ability to partner with business to understand business needs and develop suitable compensation / incentive programs
5. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Preferred Qualifications:
1. Previous experience as a compensation professional in a complex organization
2. Experience working in the financial services industry
3. Professional certification in HR related discipline (PHR, SPHR, CCP, etc.)
4. Experience working with HRIS systems and Market Data tools
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
About Truist
Care starts on the inside.
At Truist, our purpose is to inspire and build better lives and communities. And we do that through real, unwavering care. As part of that commitment to care, we’re creating an inclusive and energizing work environment that empowers teammates to learn, grow, and have fulfilling careers.
Why work at Truist?
· Be part of an inclusive culture. We actively recruit and train diverse talent. And not just because it’s the right thing to do—but because we’re inspired by the perspectives and experiences of people from different backgrounds.
· Balance your work and life. We offer flexible healthcare benefits, time off for vacation, wellness, and community service, and company-sponsored financial education programs. We want our teammates to lead full, healthy lives.
· Make meaningful connections. We see the future of financial services as one defined not only by technology, but by humanity. A true balance of innovation, inclusion, and conversation—cutting-edge and close-to-home. You'll be part of building it at Truist.
We’re looking for people with open hearts, big dreams, and new ways of thinking to take us to innovative places in banking. Join us.
Truist would like you to finish the application on their website.