Truist Financial

Compensation Strategist

Truist Financial$90K — $120K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree preferred.
  • 7+ years of progressive experience in Compensation or Human Resources.
  • Certified Compensation Professional (CCP) preferred.
  • HR certification (PHR, SPHR, SHRM-CP, or SHRM-SCP) preferred.
  • Strong analytical and quantitative skills.

Responsibilities

  • Design, manage, and administer competitive compensation programs to support talent attraction and retention.
  • Lead compensation-related project management initiatives with clear timelines and stakeholder alignment.
  • Conduct job analysis and evaluation for internal equity and market competitiveness through benchmarking.
  • Perform advanced compensation analysis and provide actionable insights to stakeholders.
  • Serve as a strategic advisor on compensation program design and emerging trends to business leaders and HR partners.
  • Communicate compensation program details clearly to employees and managers.
  • Partner with HR, Finance, and Talent to align compensation strategies with business objectives.

Benefits

  • Access to medical, dental, and vision insurance.
  • Life, disability, and AD&D insurance.
  • 401(k) plan with company match.
  • Generous paid time off including vacation and sick days.
  • New parent leave and other paid leave options.
  • Eligibility for restricted stock units and/or deferred compensation plans.
Full Job Description

The position is described below. If you want to apply, click the Apply button at the top or bottom of this page. You'll be required to create an account or sign in to an existing one.

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st Shift (United States of America)

Please review the following job description:

The Compensation Consultant is an advanced individual contributor responsible for designing, managing, and administering competitive, cost effective compensation programs that support organizational strategy and business objectives. This role plays a hands on role in compensation strategy, design, implementation, and analysis across broad based, sales, and/or executive compensation programs and serves as a trusted thought partner to business and HR stakeholders.

KEY 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. 

  • Design, manage, and administer competitive, cost-effective compensation programs, including salary structures, incentive plans, and pay policies, to support talent attraction, retention, and motivation.
  • Lead project management for compensation-related initiatives (e.g., job architecture, sales compensation plans, and other program enhancements), ensuring clear scope, timelines, stakeholder alignment, and successful delivery.
  • Conduct job analysis, evaluation, and classification activities in support of job architecture, leveling, and internal equity, and perform market benchmarking through participation in external compensation surveys (e.g., Mercer, McLagan).
  • Perform advanced compensation analysis to assess market competitiveness, internal pay relationships, and program effectiveness; interpret data and translate findings into clear insights and actionable recommendations for stakeholders.
  • Serve as a strategic compensation advisor and thought partner to business leaders, HR partners, and other stakeholders, providing guidance on compensation program design, emerging trends, best practices, and complex pay decisions.
  • Communicate compensation program features, pay practices, and design intent to employees, managers, and HR partners in a clear, practical, and business appropriate manner.
  • Partner cross-functionally with HR, Finance, Talent, and HRIS stakeholders to ensure alignment between compensation strategies, business objectives, and operational execution.
  • Support and manage vendor relationships related to compensation program design, benchmarking, and administration, leveraging external partners to enhance program effectiveness and value.
  • Participate in the design, development, and implementation of compensation systems, tools, and processes to improve efficiency, data quality, reporting, and decision support.
  • Exercise influence and leadership through subject matter expertise, analytical rigor, and strong communication, and may provide mentoring or technical guidance to other compensation professionals without direct people management responsibility.

EDUCATION AND EXPERIENCE

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.

  • Bachelor’s degree preferred.
  • 7+ years of progressive experience in Compensation or Human Resources.

CERTIFICATIONS, LICENSES, REGISTRATIONS

  • Certified Compensation Professional (CCP) preferred.
  • HR certification (PHR, SPHR, SHRM-CP, or SHRM-SCP) preferred.

FUNCTIONAL SKILLS

  • Advanced knowledge of compensation design, management, and analysis
  • Strong analytical and quantitative skills
  • High level of proficiency in Excel
  • Ability to communicate complex compensation concepts clearly and effectively
  • Strong stakeholder partnership and influence skills
  • Excellent time management and prioritization skills

General Description of Available Benefits for Eligible Employees of CRC Group: At CRC Group, we're committed to supporting every aspect of teammates' well-being – physical, emotional, financial, social, and professional. Our best-in-class benefits program is designed to care for the whole you, offering a wide range of coverage and support. Eligible full-time teammates enjoy access to medical, dental, vision, life, disability, and AD&D insurance; tax-advantaged savings accounts; and a 401(k) plan with company match. CRC Group also offers generous paid time off programs, including company holidays, vacation and sick days, new parent leave, and more. Eligible positions may also qualify for restricted stock unitsand/or a deferred compensation plan.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

Make a great first impression. Visit our Careers page for tips on how to craft a compelling resume and succeed in your interview at Truist Financial. We are excited to see how you can contribute to our team and help us drive the future of banking.

Stay Connected

Don’t miss out on future opportunities or insights into our company culture and industry trends. Subscribe to our job alert emails and stay informed about new positions and career tips directly from our professionals. At Truist Financial, we’re not just offering jobs; we’re building careers. Join us and discover how you can make a difference and fuel your future.

SEARCH TRUIST FINANCIAL JOBS

READ CAREERS BLOG

Learn more about Truist Financial
Size
50,283 employees
Market Cap
$56.6 billion
Industry
5 Year Trend
+14.3%
NASDAQ

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