Senior Compensation Consultant: Technology, Data & Operations (TD&O)

Job Overview

Designs, maintains, and analyzes comprehensive compensation programs and plans to ensure competitive and equitable practices. Manages large, complex compensation projects, assignments, and processes, directs compensation activities across assigned lob (Technology, Data & Operations (TD&O)) and solves difficult compensation-related issues.

For this opportunity, Truist will not sponsor an applicant for work visa status or employment authorization, nor will we offer any immigration-related support for this position. This includes, but is not limited to: H-1B, F-1 OPT F-1 STEM OPT F-1 CPT J-1 TN-1 TN-2 E-3 O-1 Future sponsorship for U.S. lawful permanent residence status

Location and Work Arrangement

LOCATION: Please note the role is being offered only in the posted location (Charlotte, NC). No full remote or relocation assistance available at this time. Truist in office requirement is 5 days per week.

Employment Details

Regular or Temporary: Regular Language Fluency: English (Required) Work Shift: 1st shift (United States of America)

Essential Duties and Responsibilities

1. Designs and administers compensation programs including salary structures, incentive plans, and pay policies.


2. Maintains compensation plans encompassing base pay, short-term and long-term incentives, allowances, deferred compensation, and sales compensation as well as non-cash rewards and recognition programs.


3. Evaluates compensation through job analysis, classification, benchmarking, and participation in market surveys under limited supervision.


4. May collaborate with external consultants and vendors to enhance compensation and rewards program design and policies.


5. Performs analysis of difficult compensation-related issues and draws from prior experience to solve problems.


6. Directs and reviews competitive compensation assessments and makes recommendations to ensure internal equity and market competitiveness.


7. Supports compliance with regulatory requirements related to compensation and rewards programs.


8. Works on large, complex compensation projects, assignments, and processes and delegates work to lower-level professionals.

Required Qualifications

1. Bachelor's degree or equivalent education, training, and work-related experience.


2. Minimum of 7 years of professional experience as a compensation professional.


3. Strong knowledge of compensation programs.


4. Proficiency in Microsoft Office applications, especially Excel and PowerPoint.

Preferred Qualifications

1. Advanced graduate degree in Business, Finance, Human Resources, or related field.


2. Project management experience specific to job architecture.


3. Experience in the financial services industry.


4. Certified Compensation Professional (CCP) designation.


5. Understanding of accounting and financial concepts related to compensation, including tax and regulatory compliance.

Benefits

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.


• 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.

EEO is the Law E-Verify IER Right to Work.

About Truist

Truist is a purpose-driven financial services company, formed by the historic merger of equals of BB&T and SunTrust. We serve clients in a number of high-growth markets in the country, offering a wide range of financial services. At Truist, our purpose is to inspire and build better lives and communities. That happens through real care to make things better. To meet client needs, to empower teammates, and to lift up communities. Learn more about Truist on truist.com.