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Bank of America

Compensation Consultant I – GM, GCIB, EC, GRM

Bank of America

. Develop, produce, and maintain recurring and ad hoc compensation reports, ensuring accuracy, consistency, and timeliness of data .

Posted 5/23/2026full-timePennington • New Jersey • 🇺🇸 United StatesJuniorMid-Level💰 $90,000 - $115,000 per yearWebsite

About the role

Key responsibilities & impact
  • Develop, produce, and maintain recurring and ad hoc compensation reports, ensuring accuracy, consistency, and timeliness of data
  • Analyze internal and external compensation data (including market benchmarking) to support program design, business insights, and decision-making
  • Support the administration of compensation processes with a focus on data integrity, reporting governance, and process efficiency
  • Lead line of business compensation reporting and analytics throughout the year, with a primary focus on year-end compensation planning and review cycles
  • Administers compensation processes in alignment with organizational guidelines
  • Provide analytical support and reporting insights for compensation-related activities, including new hire offers, promotions, retention actions, and forecasting
  • Identify opportunities to enhance reporting capabilities through automation, dashboard development, and process improvements

Requirements

What you’ll need
  • Minimum 2-5 years of Compensation Experience or successful performance in a role with strong analytical focus
  • Experience working directly with leaders, advising and consulting with them on HR, Compensation, or related issues
  • Experience gathering, organizing, analyzing, and presenting large amounts of data clearly and concisely to help make fact-based decisions
  • Have strong MS EXCEL skills (familiar with lookups, conditional formulas)
  • Demonstrate the ability to handle highly confidential and sensitive information with discretion and maturity
  • Ability to clearly “tell the story” with complex underlying data; be able to analyze present-state, and develop alternative future-state approaches
  • Demonstrate a business centric mindset with the ability to utilize sound business judgment and tailor approach to drive optimal business outcomes
  • Have relationship management skills including the ability to interact, communicate and influence peers and partners
  • Be a team player and display a strong work ethic
  • Demonstrate the ability to grasp a comprehensive understanding of Compensation issues and priorities; effectively analyze and diagnose problems; provide clear advice and recommendations to help make sound business decisions
  • Ability to thrive in a fast paced and demanding environment, balancing competing priorities and multiple stakeholders

Benefits

Comp & perks
  • Health insurance
  • 401(k) matching
  • Flexible work hours
  • Paid time off
  • Remote work options

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
compensation reportingdata analysismarket benchmarkingdata integrityreporting governanceprocess efficiencyautomationdashboard developmentMS Exceldata presentation
Soft Skills
analytical focusrelationship managementcommunicationinfluenceteam playerwork ethicbusiness judgmentproblem diagnosisdecision-makingadaptability