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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Provides analytical and administrative support for compensation programs and processes. Supports the execution of compensation activities, conducts routine compensation analyses, assists with market pricing and job evaluation, and helps resolve compensation-related inquiries under general supervision.
**For this opportunity, Truist will not sponsor an applicant for work visa status or employment authorization, nor will we offer any immigration-related support for this position. This includes, but is not limited to:
H-1B,
F-1 OPT
F-1 STEM OPT
F-1 CPT
J-1
TN-1
TN-2
E-3
O-1
Future sponsorship for U.S. lawful permanent residence status
LOCATION:
Please note that candidate must be located in *or* willing to self-relocate to one of the following locations:
Charlotte, NC
Truist 'in office' requirement is 5 daysper week. No full remote or relocation assistance available at this time.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
1. Supports the administration of compensation programs, including salary structures, incentive plans, and pay policies.
2. Assists with compensation reviews covering base pay, short-term incentives, and other pay elements.
3. Conducts job analysis, job evaluation, classification, and market pricing activities with guidance.
4. Performs routine compensation analyses to support internal equity and market competitiveness.
5. Prepares compensation data, reports, and documentation for review by more senior compensation professionals.
6. Responds to compensation-related questions and requests from internal stakeholders within established guidelines.
7. Supports non-cash rewards and recognition programs through data analysis and program administration.
8. Assists with compensation projects or initiatives and completes assigned tasks within defined timelines.
9. Demonstrates understanding of compensation governance, controls, and regulatory considerations.
Required Qualifications
The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Bachelor’s degree or equivalent education, training, and work-related experience.
2. Minimum of 3 years of professional experience in compensation, human resources, or a related discipline.
3. Working knowledge of compensation fundamentals, including job evaluation and market pricing concepts.
4. Proficiency in Microsoft Office applications, particularly Excel.
Preferred Qualifications
1. Advanced analytical and Excel modeling skills, with the ability to synthesize complex compensation data into clear, actionable insights that inform business decisions and tell a compelling story.
2. Experience supporting compensation consultants and offer processes, including job evaluations, market pricing, and developing competitive offer recommendations in a fast-paced environment.
3. Demonstrated ability to conduct broader workforce and market analyses, translating data into insights on internal positioning, pay competitiveness, and trends relative to the external market.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a leading U.S. commercial bank, Truist has leading market share in many of the high-growth markets across the country. Truist offers a wide range of products and services through our wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses. Headquartered in Charlotte, North Carolina, Truist is a top-10 commercial bank with total assets of $535 billion as of March 31, 2024. Truist Bank, Member FDIC. Learn more at Truist.com.
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