What are the responsibilities and job description for the Incentive Administration, Compensation Associate position at JPMorganChase?
Want to support the incentive compensation strategy and execution? Come join us!
As an Incentive Administration Associate within the Home Lending and Commercial Banking team, you will be responsible for managing the processing of monthly, quarterly, and annual incentives. Your role will also involve researching Incentive Compensation requests and handling various incentive-related tasks. You will be expected to perform a range of compensation activities, which include providing guidance and support to Home Lending (HL) and Commercial Term Lending (CTL) Incentive Compensation plan participants. Additionally, you will liaise with management, Business Support Partners, HR leaders, and internal departmental teams regarding Incentive Compensation plan administration.
Job Responsibilities
- Use incentive and employee reporting to validate HL and CTL Incentive Compensation plan components are being properly administered
- Resolve research requests by educating plan participants and management while clearly articulating HL and CTL Incentive Compensation plan concepts
- Be able to provide a strong level of client servicing while building strong working relationships with HL and CTL business partners
- Analyze existing processes and inquiry trends to make recommendations to peers and management team for continuous improvement of Incentive Compensation plan administration and structure
- Partner with peers, HL and CTL Compensation Managers, HL and CTL Business Partners, HR colleagues of all levels to drive efficiencies and leverage best practices to improve client experience and processes
- Own Incentive Compensation technology system defects from start to finish to ensure timely open and resolution of the issue
- Lead and/or actively participate in HR projects, aligned to key identified Incentive Compensation priorities
- Become a subject matter expert on the HL and CTL Incentive Compensation plans
Required qualifications, capabilities and skills
- Analytical, technical, and data skills
- Bachelor’s Degree or comparable work experience
- High level of proficiency with Microsoft applications: Advanced understanding of Excel is required
- Detail and results oriented with the ability to manage multiple competing priorities all within a fast-paced team environment
- Consulting, interpersonal and communication skills
- Innovation and creativity to bring new ideas to team
Preferred qualifications, capabilities and skills
- Compensation or Finance experience
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
