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Vice President Compensation

Newark, DE, USA | J.P. Morgan

  • Industry:
    Financial Services
  • Position Type:
    Full-Time
  • Functions:
    Human Resources
  • Experience:
    7-10 years
Job Description:
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Partner with Finance and HR colleagues to advise the business helping to ensure that J.P. Morgan Chase remains at the forefront of practice on compensation issues

Provide counsel to HR professionals and business managers about compensation decisions; interpret and apply policies, often in complex situations

Help to design and implement overall comp strategy for clients, and influencing / articulating to senior management

Provide strategic support, partnership, and recommendations of appropriate compensation structure for various projects

Provide end-to-end annual compensation planning and administration support for the business

Lead coordination of business-aligned incentive plan activities, including compensation governance meetings, coordination of BAIC plan updates

Develop a comprehensive understanding of business issues and priorities; effectively analyze and diagnose issues; provide clear advice and recommendations to help partners make informed and sound comp-related decisions.

Review and approval of offer packages to ensure competitiveness and compliance with corporate governance guidelines

Participate in compensation surveys; perform independent analysis of internal and external benchmarking data to support compensation needs. Investigate and communicate compensation best practices

Actively participate and/or lead life of business-wide projects

Leverage firm-wide resources to achieve desired outcomes efficiently and with consistency across lines of business, where appropriate

Support the discussion surrounding the evolving regulatory environment and its impact on compensation practices and helps design and implement revised policies and procedures as appropriate

Qualifications:

6 - 9 years relative HR and/or compensation experience

Prior experience in financial services is highly preferred but not required

Strong analytical, mathematical, and data/information management skills

Proven consulting skills; ability to drive business goals through HR / Compensation strategies and to address issues / devise solutions with creativity and innovation

Ability to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleagues

Experience in and understanding of business-aligned incentive plans / plan design

Strong planning and project management skills

Exceptional systems skills; Business Objects and Web intelligence / Desktop Intelligence skills preferred.Advanced MS Excel skills required.

Ability to drive and sustain operational excellence and to develop controls

Desire to work in a fast-paced, constantly evolving environment; ability to work well under pressure and to manage multiple priorities


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