Truist Financial

Senior Associate Comp Consultant

Truist Financial$75K — $95K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree or equivalent education and experience
  • Minimum 3 years of professional experience in compensation or related field
  • Working knowledge of job evaluation and market pricing
  • Proficiency in Microsoft Office, especially Excel
  • Advanced analytical and Excel modeling skills (preferred)
  • Experience with compensation consulting and offer processes (preferred)
  • Ability to conduct workforce and market analyses (preferred)

Responsibilities

  • Support administration of salary structures and incentive plans
  • Assist with compensation reviews and analyses
  • Conduct job analysis and market pricing activities
  • Perform routine compensation analyses for equity and competitiveness
  • Prepare compensation data and reports for review
  • Respond to internal compensation inquiries
  • Support non-cash rewards programs with data analysis
  • Assist with compensation projects and initiatives

Benefits

  • Medical, dental, and vision insurance
  • Life insurance and disability coverage
  • 401k plan and tax-preferred savings accounts
  • At least 10 days of vacation plus sick days
  • Paid holidays and potential pension plan
  • Eligibility for restricted stock units and deferred compensation plan
Full Job Description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

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:

Provides analytical and administrative support for compensation programs and processes. Supports the execution of compensation activities, conducts routine compensation analyses, assists with market pricing and job evaluation, and helps resolve compensation-related inquiries under general supervision.

**For this opportunity, Truist will not sponsor an applicant for work visa status or employment authorization, nor will we offer any immigration-related support for this position. This includes, but is not limited to:

  • H-1B,

  • F-1 OPT

  • F-1 STEM OPT

  • F-1 CPT

  • J-1

  • TN-1

  • TN-2

  • E-3

  • O-1

  • Future sponsorship for U.S. lawful permanent residence status

LOCATION:

Please note that candidate must be located in *or* willing to self-relocate to one of the following locations:

  • Charlotte, NC

Truist 'in office' requirement is5 daysper week. No full remote or relocation assistance available at this time.

ESSENTIAL DUTIES AND 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.
1. Supports the administration of compensation programs, including salary structures, incentive plans, and pay policies.
2. Assists with compensation reviews covering base pay, short-term incentives, and other pay elements.
3. Conducts job analysis, job evaluation, classification, and market pricing activities with guidance.
4. Performs routine compensation analyses to support internal equity and market competitiveness.
5. Prepares compensation data, reports, and documentation for review by more senior compensation professionals.
6. Responds to compensation-related questions and requests from internal stakeholders within established guidelines.
7. Supports non-cash rewards and recognition programs through data analysis and program administration.
8. Assists with compensation projects or initiatives and completes assigned tasks within defined timelines.
9. Demonstrates understanding of compensation governance, controls, and regulatory considerations.

Required Qualifications
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 education, training, and work-related experience.
2. Minimum of 3 years of professional experience in compensation, human resources, or a related discipline.
3. Working knowledge of compensation fundamentals, including job evaluation and market pricing concepts.
4. Proficiency in Microsoft Office applications, particularly Excel.

Preferred Qualifications

1. Advanced analytical and Excel modeling skills, with the ability to synthesize complex compensation data into clear, actionable insights that inform business decisions and tell a compelling story.

2. Experience supporting compensation consultants and offer processes, including job evaluations, market pricing, and developing competitive offer recommendations in a fast-paced environment.

3. Demonstrated ability to conduct broader workforce and market analyses, translating data into insights on internal positioning, pay competitiveness, and trends relative to the external market.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

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.

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