Bank of America

Compensation Consultant II – Executive Compensation

Bank of America

full-time

Posted on:

Location Type: Hybrid

Location: Boston • Massachusetts • New Jersey • United States

Visit company website

Explore more

✨ AI Apply
Apply

Salary

💰 $115,000 - $150,000 per year

About the role

  • This job is responsible for providing high-level analytical support for the design, delivery, and management of compensation programs aligned with business strategy.
  • Key responsibilities include consulting with business leaders, guiding program execution, and coaching less experienced analysts.
  • Job expectations include applying independent judgment, managing complex compensation issues, and influencing program outcomes.
  • The Executive Compensation function provides end-to-end coordination of the materials for the Compensation & Human Capital Committee of the Board of Directors and/or Management Compensation Committee.
  • Development competitor compensation benchmarking reports (including competitor public filings) for senior executives and the Board of Directors.
  • Advising on structure of senior executive compensation programs and general plan design; Development of annual proxy statement Compensation Discussion and Analysis.
  • Review of compensation-related regulatory requirements, guidance and ongoing compliance, response to regulator requests related to Executive Compensation.
  • Ad hoc projects and general team support.

Requirements

  • 5+ years of Compensation Experience or successful performance supporting the Board of Directors and/or 5+ years successful performance in a Human Resources role
  • Must have experience working directly with leaders, advising and consulting with them on HR, Compensation, or related issues
  • Proven ability to engage and influence senior executives, establish and maintain collaborative cross-functional partnerships and provide advice, counsel and technical expertise to strategic decisions
  • Demonstrate the ability to handle highly confidential and sensitive information with discretion and maturity
  • Data/quantitative analysis experience
  • Strong MS Excel skills (familiar with complex pivot tables, data filtering, lookups)
  • Excellent verbal and written communication skills, including to articulate complex concepts clearly and concisely to a variety of recipients
  • Collaborative partner who can develop relationships with global colleagues
  • Ability to understand and apply complex technical requirements to practice situations
  • Be a demonstrated self-starter and a results-oriented professional who can develop and manage relationships across multiple groups
  • Be a team player and display a strong work ethic.
Benefits
  • Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors
  • Industry-leading benefits
  • Access to paid time off
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
compensation analysisdata analysisbenchmarkingregulatory complianceproxy statement developmentquantitative analysiscomplex pivot tablesdata filteringlookups
Soft Skills
consultinginfluencingcollaborationcommunicationrelationship buildingdiscretionself-starterresults-orientedteam playerwork ethic