The Commercial & Investment Banking Compensation team is looking for an experienced Compensation Associate to support the development and execution of compensation strategies for our Global Markets, Sales, Research, and Securities Services businesses. This role requires a blend of analytical skills, attention to detail, problem-solving and effective communication. 

As a Compensation Associate within the Commercial & Investment Banking Compensation team, you will play a key part in helping our businesses attract and retain the talent needed to succeed in a changing environment.

Job responsibilities:

Providing compensation consulting and thought leadership to business leaders and business unit functions in close partnership with HR Business AdvisorsPerforming complex analyses and presenting findings to senior managementConsulting with HR Business Advisors, Recruiting and Senior Managers to create competitive offer packages for key strategic hiresReviewing and approving of offer packages to ensure competitiveness and compliance with corporate governance guidelinesLeading compensation related projects and initiatives involving multiple stakeholders with significant strategic and financial impactContinually assessing market conditions and pay practices to ensure competitiveness of compensation plans and programsTranslating regulatory and policy governance/requirements into clear guidance for clientsLeveraging corporate partners and firm-wide resources to achieve desired outcomes efficiently and with consistency across lines of business, where appropriate

Required qualifications, capabilities, and skills:

3 years relative HR and/or compensation experienceBachelor’s degree required Well-developed analytical skillsAbility to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleaguesStrong problem-solving skills and the ability to adapt quickly to changing business prioritiesAbility to drive business goals through HR / Compensation strategies and to address issues / devise solutions with creativity and innovationExceptional systems skills.  Advanced MS Excel skills requiredAbility to drive and sustain operational excellence and to develop controls