Truist Compensation Director – Wholesale Banking 

United States, North Carolina, Charlotte 

128403539

Regular or Temporary:

English (Required)

1st shift (United States of America)Designs, delivers, communicates, monitors and/or administers broad-based programs and practices which may include but not limited to job attributes, pay structure, incentive plans, annual rewards and other compensation related programs. Develops and implements strategies for delivery of compensation to ensure competitiveness, appropriate linkages between pay and performance, and compliance with legal and regulatory requirements. Consults with Chief Human Capital Enablement Officers and Executive Leadership regarding ongoing compensation management, job evaluation, program/plan design, merit programs and other compensation related topics. Accountable for the effectiveness of compensation policies, procedures, and controls. Leverages a process improvement mindset to recommend efficient and effective ways to carry out core responsibilities. Works with compensation teammates to build strong partnerships across the team and the organization.

1. Responsible for developing and executing the organization’s compensation and rewards strategies to ensure that the organization has competitive compensation programs, policies and practices that meet the needs of the business.
2. Lead the design and development of incentive plan programs, ensuring alignment to business strategy and appropriate risk balancing.4. Identify, design and lead large, complex compensation related programs and projects (e.g. merger, salary structure, geographic differentials, internal equity, vendor selection and management) while completing in a timely, efficient and effective manner.6. Partner closely with Executive Compensation, other areas of compensation and HR partners to deliver on the full suite of Rewards available to the organization.8. Develop, communicate and interpret compensation policies, procedures and regulations (e.g. Fair Labor Standards Act, Consumer Financial Protection Bureau, Interagency Guidance on Sound Incentive Compensation Policies) to establish and maintain uniform understanding and application within each Line of Business.
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 combination of education and experience.
2. 10 years of experience in Compensation, Total Rewards, or related field.
3. Demonstrated proficiency developing Total Rewards/Compensation strategies to achieve operational and financial results.
4. Extensive experience in design and management of compensation (such as functional incentive plan design, executive compensation, etc.) tied to business and organizational strategies and management objectives.
5. Ability to lead large, highly complex projects of notable risk exposure.
6. Ability to influence others at senior levels to adopt a new perspective. Knowledge of the industry's competitive landscape and an understanding of the market and regulatory factors that shape the industry.

1. 12 years of experience as a compensation professional.
2. Prior compensation experience supporting one or more wholesale businesses (e.g. commercial banking, corporate and investment banking, wealth)
3. Experience working in the financial services industry; professional certification in HR related discipline (PHR, SPHR, CCP, assessments, etc.).
4. People management experience.

Up to 10 lbs.Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.