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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Designs, maintains, and analyzes comprehensive compensation programs and plans to ensure competitive and equitable practices. Manages large, complex compensation projects, assignments, and processes, directs compensation activities across assigned lob (Technology, Data & Operations (TD&O)) and solves difficult compensation-related issues.

**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 the role is being offered only in the posted location (Charlotte, NC). No full remote or relocation assistance available at this time. Truist in office requirement is 5 days per week.

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. Designs and administers compensation programs including salary structures, incentive plans, and pay policies.
2. Maintains compensation plans encompassing base pay, short-term and long-term incentives, allowances, deferred compensation, and sales compensation as well as non-cash rewards and recognition programs.
3. Evaluates compensation through job analysis, classification, benchmarking, and participation in market surveys under limited supervision.
4. May collaborate with external consultants and vendors to enhance compensation and rewards program design and policies.
5. Performs analysis of difficult compensation-related issues and draws from prior experience to solve problems.
6. Directs and reviews competitive compensation assessments and makes recommendations to ensure internal equity and market competitiveness.
7. Supports compliance with regulatory requirements related to compensation and rewards programs.
8. Works on large, complex compensation projects, assignments, and processes and delegates work to lower-level professionals.

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 7 years of professional experience as a compensation professional.
3. Strong knowledge of compensation programs.
4. Proficiency in Microsoft Office applications, especially Excel and PowerPoint.

Preferred Qualifications
1. Advanced graduate degree in Business, Finance, Human Resources, or related field.

2. Project management experience specific to job architecture
3. Experience in the financial services industry.
4. Certified Compensation Professional (CCP) designation.
5. Understanding of accounting and financial concepts related to compensation, including tax and regulatory compliance.

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.

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