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Bank Of America Compensation Manager - Global Payments Solutions United States, North Carolina, Charlotte 556955314
Responsibilities:
Influence senior leaders and Human Resources partners using a balance of HR expertise, business acumen, objectivity, and relationship skills. Will advise and influence business partners on compensation strategy, programs, and topics.
Develop a comprehensive understanding of client business issues and priorities; effectively analyze and diagnose problems; provide clear advice and recommendations to help client make sound business decisions.
Respond to requests and develop compensation recommendations and solutions related to the analysis of market competitiveness and employee base pay and incentive topics.
Demonstrated ability to translate business requirements into processes and programs that will help drive business performance.
Manage core compensation processes for supported businesses (i.e., Employee-level analyses, Market analyses, Incentive analyses) - plan, build and flawlessly execute.
Build strong relationships with line of business and key control partners to drive a sustainable compensation review process and facilitate problem solving to ensure objectives are being met.
Compile, create, and summarize/analyze data (including employee data, market data, etc.) clearly and concisely to help make fact-based decisions.
Proactively monitor, track, and evaluate impact of various compensation programs.
Drive a repeatable and sustainable compensation review process to ensure objectives are being met.
Required Qualifications
Minimum of 5+ years of Compensation Experience or successful performance in a role with strong analytical focus.
Strong advisory, consulting and influencing skills at the executive level – must have experience working directly with senior leaders within an organization.
Strong Business Acumen - must understand how businesses work - how organizations develop strategy, utilize technology, serve customers/clients, succeed against competitors, and generate profits.
Strong analytical and problem-solving skills – must have experience working with, analyzing, and interpreting large amounts of data, as well as presenting the results to stakeholders and senior business leaders in an organized and efficient format.
Strong project management experience – must have experience leading smaller scale projects and/or supporting large scale projects.
Ability to develop and manage relationships across the company and a wide variety of partners based on trust, teamwork, and knowledge.
Highly proficient in Excel, Word, and PowerPoint.
Demonstrate the ability to handle highly confidential and sensitive information with discretion and maturity.
Demonstrate experience creating high impact presentations utilizing PowerPoint and the ability to clearly “tell the story”, with complex underlying data; be able to analyze present-state, and develop alternative future-state approaches.
Demonstrate a business centric mindset with the ability to utilize sound business judgment and tailor approach to drive optimal business outcomes.
Be a demonstrated self-starter and a results-oriented professional who can develop and manage relationships across multiple groups.
Excellent written and oral communication.
Be a team player and display a strong work ethic.
Desired Qualifications
Familiarity with Bank of America HR Systems a plus.
Experience with Compensation analytics a plus.
Experience in financial service industry is highly preferred but not required.
Bachelor’s degree strongly preferred or equivalent work experience.
Skills:
Attention to Detail
Benchmarking
Budgeting
Compensation Analysis
Financial Management
Analytical Thinking
Consulting
Data and Trend Analysis
Financial Forecasting and Modeling
Presentation Skills
Coaching
Decision Making
Influence
Reporting
Strategic Thinking
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