As part of the Private Client Compensation Strategy team, you will be responsible for end-to-end design and oversight of our incentive strategy. You will explore compensation design options that consider every aspect of our business, including roles and responsibilities, development and transitions, attraction and retention, business channel alignment, industry peers and benchmarks, regulatory and statutory requirements, as well as connection to other JPMorgan communities including Wealth Management, Consumer Banking, and the Private Bank.
Job Responsibilities
- Contribute to the strategic design and development of RM incentive plans in partnership with Business Leaders and key partners from Legal, Compliance, Human Resources (HR)
- Lead compensation-related initiatives that will significantly affect the Relationship Manager population and ultimately benefit our clients
- Develop and analyze strategic insight into industry and competitor compensation practices and regularly benchmark incentive programs to inform program design and recruiting practices; establish and measure key metrics in partnership with HR Compensation
- Analyze the effectiveness of the new hire incentive structure and improve field reporting
- Manage stakeholder communications to ensure business needs are met, set and manage expectations through effective written and oral communication
- Collaborate with business partners from other teams, functions, and Private Client communities across JPMorgan
Required Qualifications, Capabilities and Skills
- Experienced – 5 or more years of experience in financial services and background in Finance, Compensation, and/or HR
- Organized – able to balance multiple priorities; has a strong attention to detail and exercises a control-oriented mindset
- Curious – Demonstrates intellectual curiosity and honesty – seek out the truth and ground decisions in the facts
- Logical – thinks analytically and logically to understand and analyze complex business processes
- Clear – Strong oral and written communication skills; capable of concision and brevity
- Technical – Intermediate to advanced Microsoft PowerPoint, Word, and Excel skills are required
- Accountable – Strong sense of responsibility and initiative
- Influential – Strong interpersonal and influencing skills; ability to interact with colleagues and leaders at all levels and achieve goals without direct control over resources
- Discreet – Good judgment and discretion working with highly confidential information