Hybrid Compensation Consultant II – Executive Compensation

at Bank of America

• Job title: Compensation Consultant II – Executive Compensation
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $115,000 - $150,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Boston, United States

About the role

• Compensation Consultant providing analytical support for executive compensation programs at Bank of America. Advising leaders on compensation strategy while managing complex compensation issues.

Responsibilities

• 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