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Truist Total Rewards Consultant - Compensation in Charlotte, North Carolina

Req ID: R0044672

The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one.

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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:

Primary Purpose: Design, deliver, communicate, monitor and/or administer broad-based compensation programs and practices, including job attributes, pay structure, incentive plans, annual rewards and other compensation related programs. Develop and implement strategies for delivery of compensation to ensure competitiveness, appropriate linkages between pay and performance, and compliance with legal and regulatory requirements. Consult and partner with Human Resources Business Partners (HRBPs) and the business regarding ongoing compensation management, job evaluation, program/plan design, and other compensation related topics. Ensure the effectiveness of compensation policies, procedures, and controls

ESSENTIAL DUTIES AND RESPONSIBILITIES

  1. Build strong partnerships with the leaders within National Consumer Finance & Payments, as well HRBPs, to provide compensation related consulting services to assigned areas. Possess a thorough understanding of all compensation programs within assigned LOBs, including strategy, drivers, metrics, goals, and analysis of results.

  2. Provide advice and creative solutions for the most complex compensation issues which strategically support assigned areas.

  3. Perform analysis of all compensation-related issues within aligned business, such as 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. Evaluate alternative methods of compensation and the design of compensation packages for various functional areas and levels of management. Partner with LOB/corporate function leaders to develop and structure market competitive, equitable and compliant compensation programs.

  5. Lead complex projects with oversight of resources, accountability for risk mitigation and responsibility through implementation and communication.

  6. Mentor less experienced teammates to build their own technical and consulting expertise.

  7. Develop, communicate and interpret compensation policies, procedures and regulations (e.g. Fair Labor Standards Act, Consumer Financial Protection Bureau, Interagency Guidance on Sound Incentive Compensation Policies) to establish and maintain uniform understanding and application within each Line of Business.

QUALIFICATIONS

Required Qualifications:

  1. Bachelor's degree or equivalent or an equivalent combination of education and experience.

  2. Six 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. Eight years of 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

OTHER JOB REQUIREMENTS / WORKING CONDITIONS

Sitting

Constantly (More than 50% 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%

Truist supports a diverse workforce and is an Equal Opportunity Employer who does not discriminate against individuals on the basis of race, gender, color, religion, national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Drug Free Workplace.

Thank you for your interest in Truist! BB&T and SunTrust have come together in a transformational merger of equals to create Truist, the premier financial organization in the country. You may notice references to our legacy company names, BB&T and SunTrust, in places throughout this site. All such references should be understood to refer to Truist moving forward while we continue to transition to the Truist name.

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