Corporate and Investment Bank - Compensation Analyst
Aumni
IT
London, UK
Posted on Oct 7, 2024
Job Description
Join our Compensation team, that as part of our talent development strategy, is fundamental to our goal to attract, retain and motivate our workforce.
As an Compensation Analyst within Corporate and Investment Bank (CIB), you will support the compensation strategy and execution for key CIB businesses as well as contribute to the Europe, Middle East and Africa (EMEA) Compensation Agenda. In this role, you will perform a variety of compensation activities, including providing guidance to line and Human Resources (HR) management regarding compensation actions for employees, administering/coordinating annual compensation planning processes, and analysing and reporting internal and external market compensation data.
Job responsibilities
- Provide end-to-end 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 Advisors 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
- 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
- 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
- Contribute to the EMEA Compensation Agenda including regulatory and region-specific compensation activities
Required qualifications, capabilities, and skills
- Relevant HR/Compensation, Finance experience, with strong analytical, critical thinking and problem solving skills
- Strong data management skills and basic understanding of how a highly matrixed organization is structured
- High level of proficiency with Microsoft applications: Advanced understanding of Excel is required – mastery of Pivot Tables, IF statements, XLOOKUPs. Exposure to VBA
- High attention to detail and ability to convey a story through analysis and metrics
- Strong interpersonal, communication, and consulting skills; ability to drive business goals through HR / Compensation strategies in an innovative and creative way
- 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
- Prior experience in the financial services industry
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.