Job Description
Join the Compensation team as a Compensation Associate supporting Asset and Wealth Management!
As a Compensation Associate within the Asset and Wealth Management line of business, you will be instrumental in supporting the compensation strategy and its execution. Your role will involve the development and implementation of compensation programs, ensuring competitive and equitable pay practices within the organization. You will be responsible for analyzing salary data, preparing reports, and assisting in the administration of salary reviews and incentive plans, all aimed at attracting and retaining top talent. Collaborating with HR Business Advisors, you will handle compensation actions for employees, administer and coordinate annual compensation planning processes, and analyze and report on internal and external market compensation data.
Job Responsibilities:
- Assist with planning and administrative tasks for our annual compensation processes, working with different business lines and HR and Finance teams
- Provide support on compensation activities, including new hire offers, promotions, transfers, and budget planning
- Analyze the market compensation data to support our needs
- Support projects related to compensation, including policy reviews and system updates.
- Become an expert in our compensation reporting tools to help deliver accurate reports and insights
- Bring fresh ideas to improve our compensation programs and ensure they align with our business strategy
- Contribute to the Asset Management Compensation Agenda, including region-specific activities
Required Qualifications, capabilities, and skills:
- Intellectual curiosity and eagerness to learn.
- Good data management skills and a basic understanding of how large organizations work
- Proficiency in Microsoft applications, especially Excel (knowledge of Pivot Tables, IF statements, XLOOKUPs)
- Attention to detail and ability to tell a story through data analysis
- Strong communication and interpersonal skills, with a creative approach to HR/Compensation strategies
- Desire to work in a fast-paced, collaborative and constantly evolving environment; ability to problem solve independently, perform under pressure, manage multiple priorities and cultivate strong partnerships
- Ability to execute and sustain operational excellence incorporating appropriate controls
- Some experience in HR/Compensation or Finance, with strong analytical and problem-solving skills
Preferred Qualifications, capabilities, and skills:
- Familiarity with PeopleSoft and experience with Business Objects, Alteryx and Python
- Previous experience in the financial services industry.
About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.
Human Resources plays a critical role in driving the employee experience, shaping the firm's culture and building a diverse and inclusive workforce. We are a strategic partner to the business - working with leaders across the firm to hire, develop and retain the best people and help meet business goals. Together, we foster a work environment in which our people are supported, feel like they belong and are able to make an impact through their work. We develop and deliver a suite of products and services that help make JPMorgan Chase an employer of choice and drive our business forward.
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What We Do
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands.
Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products.
Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.
Why Work With Us
Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.
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