Compensation Analyst

4 weeks ago

Charlotte, North Carolina, United States Truist Full time

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

If you are interested in joining an energetic and highly collaborative team, this role may be for you. Due to an expansion in covered groups, our team is looking to add a Compensation Analyst. The ideal candidate will enjoy analysis, research, and partnering directly with Compensation Consultants, Human Resource Business Partners, and Talent Acquisition. The business units supported by the team include all Truist Corporate Functions (HR, Legal, Finance, Technology, Audit, Risk) and the Chief Operating Office (Enterprise Operations, Strategy, Payments). In the role, the candidate will be responsible for researching, analyzing, and providing solutions and improvements on various compensation policies and programs to ensure equitable and competitive compensation.

Position is office centric and as of October 1, 2024 must be able to work 4 days in office.**

ESSENTIAL DUTIES AND RESPONSIBILITIES

  1. Complete compensation survey submission and leverage results. Ensure the most effective utilization within the team and the business to derive the best value from survey resources.
  2. Perform job evaluations to include selection of relevant market comparisons, weighting/blending of results, adjustments, internal equity considerations, and recommended grade.
  3. Analyze and maintain data and draw conclusions in support of Compensation administration and projects.
  4. As assigned, partner with Compensation Managers and Consultants to provide compensation consultation to single business units which are less complex in nature.
  5. Work closely with Compensation Managers and Consultants to produce Compensation related reports, analyses, and insightful presentations.
  6. May be assigned a specific LOB or functions area to provide compensation consulting advice as well as manage Compensation projects or programs.
  7. Solve routine problems of moderate complexity by analyzing possible solutions using experience, judgment and precedents.
  8. Provide informal guidance to new teammates. Work under moderate supervision.

QUALIFICATIONS

Required Qualifications:

  1. Bachelor's degree or equivalent or an equivalent combination of education and experience.
  2. Ability to manage competing priorities.
  3. Ability to solve problems by analyzing possible solutions using experience, judgment and precedents.
  4. Ability to communicate complex information in a straightforward manner as appropriate for the intended audience.
  5. Demonstrated proficiency in basic computer applications, such as Microsoft Office software products

Preferred Qualifications:

  1. 2 years of demonstrated experience using principles, practices, theories, and/or methodologies associated with the Human Resources discipline.
  2. Project management experience.
  3. Experience working with HRIS systems and Market Data tools. Experience working in a matrixed environment.

OTHER JOB REQUIREMENTS / WORKING CONDITIONS

Sitting

Occasionally (Less than 25% of the time)

Standing

Occasionally (Less than 25% of the time)

Walking

Occasionally (Less than 25% of the time)

Bending

Occasionally (Less than 25% of the time)

Lifting

Up to 10 lbs.

Visual / Audio / Speaking

Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.

Manual Dexterity / Keyboarding

Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.

Availability

Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.

Travel

Minimal and up to 10%

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 supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals 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.

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