About this Executive Compensation Lead role at Truist
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)Please review the following job description:
Serve as a strategic partner with direct exposure to senior executives and members of the Truist Board of Directors, leading the development of executive and Director compensation materials, including Compensation and Human Capital Committee materials and proxy statement disclosures, while providing analysis, governance, and advisory support to drive competitive, compliant, and effective executive compensation practices.**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 the posted location (Charlotte, NC). Truist in office requirement is 5 days per 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.
Lead the development and coordination of Compensation and Human Capital Committee materials.
Lead the preparation and review of executive compensation content for proxy statement disclosures and other external reporting.
Develop and deliver compensation program recommendations and materials, along with pay for performance analyses and market assessments to inform executive compensation strategy and decision making.
Partner with internal stakeholders to help design, evaluate, and implement executive compensation programs, including base salary, short-term incentives, long-term incentives, and perquisites.
Partner with the Board's independent compensation consultant to conduct benchmarking and assess internal equity, alignment with market practices, governance standards, and shareholder expectations.
Support compliance with applicable regulatory, accounting, and disclosure requirements, while identifying and managing risk through sound governance practices.
Administer Director compensation programs and manage the annual Director deferred compensation enrollment process, including coordination with internal partners and external vendors.
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 10 years of professional experience as an in-house compensation professional or 5 years of professional compensation experience with a consulting firm.
3. Strong knowledge of all aspects of executive compensation program design.
4. Proxy statement disclosure and Board material preparation experience.
5. Project management experience.
Preferred Qualifications
1. Advanced graduate degree in Business, Finance, Human Resources, or related field.
2. Experience in the compensation consulting or financial services industry.
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 our Benefits site. 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.
Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.
