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Compensation Manager, Commercial Bank, VP

Req #: 170118904
Location: Jersey City, NJ, US
Job Category: Human Resources
Potential Referral Amount: 0 US Dollar (USD)
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management, and private equity.
This successful candidate will play the key role supporting Middle Market Banking & Specialized Industries and the Risk function within the Commercial Banking (CB) business of the firm. As a trusted compensation manager, this candidate will be an advisor to HR business partners; combining in-depth knowledge of compensation principles, understanding of the business needs and market landscape, and associated detailed analysis/models.
 Specific responsibilities include but are not limited to:
  • Support and advice on compensation related activities, including new hire offers, promotions, transfers, budget allocation/forecasting and top talent retention.
  • 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.
  • Participate in compensation surveys; conduct analyses based on internal and external benchmarking data to support business’ rationale for compensation decision and strategy
  • Lead and facilitate end-to-end annual compensation planning for HR partners and business
  • Align with HR business partners to identify opportunities, improve existing compensation programs, policies and processes to ensure they support business strategy and help drive performance.
  • Actively participate in firm-wide projects involving compensation, including but not limited to policy reviews, changes in compensation practices, and systems development.
  • 5+ years relative HR and/or compensation experience
  • Self-starter who is comfortable with fast-paced and dynamic environment
  • Proven consulting skills; ability to drive business goals  
  • Ability to execute and sustain operational excellence and to develop controls
  • Ability to work collaboratively and cultivate strong partnerships with HR partners, business clients and colleagues
  • Well-developed analytical skills; strong planning and project management skills
  • Exceptional systems skills; Business Objects and Web intelligence / Desktop Intelligence skills preferred.  Advanced MS Excel skills required


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