JP Morgan Chase & Co.

Compensation Associate

JP Morgan Chase & Co.$70K — $95K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3 years of HR or compensation experience
  • Bachelor's degree required
  • Strong analytical skills
  • Ability to build relationships with internal and external stakeholders
  • Proven problem-solving and adaptability skills
  • Creative approach to driving business goals through HR strategies
  • Advanced skills in MS Excel

Responsibilities

  • Provide compensation consulting to business leaders and HR partners
  • Perform complex analyses and present findings to senior management
  • Develop competitive offer packages for strategic hires in collaboration with HR and management
  • Review and approve offer packages for competitiveness and compliance
  • Lead compensation projects with strategic and financial significance
  • Assess market conditions and pay practices for competitiveness
  • Translate regulatory requirements into clear guidance for clients

Benefits

  • Comprehensive health care coverage
  • On-site health and wellness centers
  • Retirement savings plan
  • Backup childcare services
  • Tuition reimbursement
  • Mental health support
  • Financial coaching
Full Job Description
Job Description

The Commercial & Investment Banking Compensation team is looking for an experienced Compensation Associate to support the development and execution of compensation strategies for our Global Markets, Sales, Research, and Securities Services businesses. This role requires a blend of analytical skills, attention to detail, problem-solving and effective communication.

As a Compensation Associate within the Commercial & Investment Banking Compensation team, you will play a key part in helping our businesses attract and retain the talent needed to succeed in a changing environment.

Job responsibilities:
  • Providing compensation consulting and thought leadership to business leaders and business unit functions in close partnership with HR Business Advisors
  • Performing complex analyses and presenting findings to senior management
  • Consulting with HR Business Advisors, Recruiting and Senior Managers to create competitive offer packages for key strategic hires
  • Reviewing and approving of offer packages to ensure competitiveness and compliance with corporate governance guidelines
  • Leading compensation related projects and initiatives involving multiple stakeholders with significant strategic and financial impact
  • Continually assessing market conditions and pay practices to ensure competitiveness of compensation plans and programs
  • Translating regulatory and policy governance/requirements into clear guidance for clients
  • Leveraging corporate partners and firm-wide resources to achieve desired outcomes efficiently and with consistency across lines of business, where appropriate

Required qualifications, capabilities, and skills:
  • 3 years relative HR and/or compensation experience
  • Bachelor's degree required
  • Well-developed analytical skills
  • Ability to work collaboratively and to cultivate and sustain strong partnerships with internal and external clients and colleagues
  • Strong problem-solving skills and the ability to adapt quickly to changing business priorities
  • Ability to drive business goals through HR / Compensation strategies and to address issues / devise solutions with creativity and innovation
  • Exceptional systems skills. Advanced MS Excel skills required
  • Ability to drive and sustain operational excellence and to develop controls


About Us

JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team

Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we're setting our businesses, clients, customers and employees up for success.

Human Resources plays a critical role in driving the employee experience, shaping the firm's culture and building a diverse and inclusive workforce. We are a strategic partner to the business - working with leaders across the firm to hire, develop and retain the best people and help meet business goals. Together, we foster a work environment in which our people are supported, feel like they belong and are able to make an impact through their work. We develop and deliver a suite of products and services that help make JPMorgan Chase an employer of choice and drive our business forward.

About JP Morgan Chase & Co.

JP Morgan Chase & Co. stands at the forefront of the global financial services industry. They offer an expansive array of products and services to a diverse clientele, including individuals, corporations, governments, and institutions. Ever since the merger of J.P. Morgan & Co. and Chase Manhattan Corporation in 2000, this industry-leading entity has become renowned for its comprehensive portfolio encompassing consumer and community banking, corporate and investment banking, commercial banking, as well as asset and wealth management. Headquartered in the vibrant city of New York, JP Morgan Chase & Co. boasts a formidable presence across over 100 countries worldwide.

Unveiling Employment Opportunities at JP Morgan Chase & Co.

Vacancies and Hiring Initiatives

JP Morgan Chase & Co. is continuously on the lookout for talented individuals eager to contribute to its legacy of excellence. The company's recruitment efforts are geared towards identifying candidates with the right blend of skills and qualifications to drive forward its various business segments. Whether you are a seasoned professional or a recent graduate, JP Morgan Chase offers a plethora of job openings across multiple disciplines.

High-Demand Positions

Among the myriad of roles, certain positions stand out for their attractive compensation packages and career advancement prospects. Notably, high-paying jobs at JP Morgan Chase & Co. include Relationship Manager, Branch Manager, and Software Engineer. These roles are critical to the firm's operations and offer lucrative opportunities for those with the requisite expertise.

Navigating the Job Market at JP Morgan Chase & Co.

Leveraging Job Portals and Job Alerts

For job seekers aiming to tap into the opportunities at JP Morgan Chase, staying updated through job portals and subscribing to job alerts is crucial. These tools can provide timely information about job openings, job fairs, and recruitment events, enabling candidates to apply promptly and prepare adequately for interviews.

Preparing Your Job Application

Your job application, comprising your resume and cover letter, is your ticket to securing an interview at JP Morgan Chase. Highlight your qualifications, skills, and experiences that align with the job listing, ensuring you stand out in the competitive job market.

Acing the Interview

Preparation is key to succeeding in your interview with JP Morgan Chase. Familiarize yourself with the company's business segments, values, and recent achievements. Demonstrating how your background and aspirations match the company's goals can significantly increase your chances of employment. A World of Job Opportunites in the Financial Services Industry JP Morgan Chase & Co. offers a world of job opportunities for those seeking to make their mark in the financial services industry. With competitive salaries, comprehensive benefits, and endless possibilities for growth, positions at JP Morgan Chase are highly coveted. By staying informed through job sites, tailoring your applications, and preparing thoroughly for interviews, you can enhance your prospects of joining the esteemed ranks of JP Morgan Chase employees. Explore the job board, seize the job opportunities, and embark on a rewarding career journey with one of the world's leading financial institutions.
Learn more about JP Morgan Chase & Co.
Size
661 employees
Market Cap
$384.5 billion
Industry
Net Income
$29.1 billion
Founded
1823
5 Year Trend
+0.7%
Revenue
$261.5 million
NASDAQ

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