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Commercial & Investment Bank - Compensation Associate

3 months ago

London, Greater London, United Kingdom JP Morgan Chase Bank, National Association Full time
Job Description

Compensation as part of our talent development strategy, is fundamental to our goal to attract, retain and motivate our workforce.

As a Compensation Associate for Commercial and Investment Bank team, you will support a variety of firm-wide and regional compensation activities, including providing compensation analysis to stakeholders, coordinating annual compensation planning processes, and analyzing and reporting internal and external market compensation data.

You will partner across the Global Compensation organization to combine in-depth knowledge of compensation principles, understanding of the business needs, and the market and regulatory landscapes to deliver detailed reporting, analyses, and recommendations.

Job responsibilities
  • Provide strategic support, partnership, and compensation recommendations for various projects in the Commercial and Investment Bank and firm-wide projects involving compensation
  • Provide ad hoc analytics and presentations to support senior management in making strategic key business decisions around comp differentiation, talent retention, and potential gaps
  • Lead multiple projects end to end - maintain project plans, update and influence key stakeholders, and implement change management strategies
  • Collaborate with stakeholders across functions at all levels - including understanding and incorporating business needs from compensation managers and HR partners and providing recommendations and presenting the story to the Compensation leadership team
  • Actively lead and participate in compensation-related projects and initiatives involving multiple stakeholders with significant strategic and financial impact
  • Provide annual compensation planning and administration support, involving coordination across business, and working closely with Human Resources and Finance partners
  • Participate in compensation surveys; perform independent analysis of internal and external benchmarking data to support compensation needs
  • Become 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
  • 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, best practice, and our risk and controls framework
Required qualifications, capabilities and skills
  • Relevant Compensation, Finance, or related experience, with strong critical thinking and problem solving skills
  • Strong analytical and data management skills
  • Strong project management, analytical, and technical skills
  • High level of proficiency with Microsoft applications: Advanced understanding of Excel is required
  • Detail and results oriented with the ability to manage multiple competing priorities
  • Ability to thrive in a fast-paced, collaborative environment and cultivate strong partnerships
  • Ability to drive and sustain operational excellence and develop controls
Preferred qualifications, capabilities and skills
  • Experience with business intelligence and reporting tools, such as Business Objects
  • Great with presentations and making the key points come alive
  • High degree of intellectual curiosity and a desire to learn
About Us

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

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.

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.