Bank of America Compensation Consultant I – Global Banking & Markets in New York, New York

Job Description:

The Compensation Consultant will engage with HR Business Partners and other Compensation professionals to provide diverse analytical and quantitative leadership and support for the design, development and execution of compensation projects, initiatives and processes. The individual will be responsible for providing Compensation subject matter expertise and consulting to Human Resources, Business Leaders and Compensation colleagues.

The successful candidate will be able to:

  • Translate business requirements into processes and programs that will meet business needs, relying on strong analytic and quantitative analysis

  • Serve as a subject matter expert on Compensation matters and advise leaders across HR organization

  • Compile, create and summarize/analyze data clearly and concisely to help drive fact-based decision making

  • Build trust and have the presence to interact with senior level clients

Enterprise Role Overview

Fully functioning non-supervisory position responsible for providing diverse analytical support to the design and development of compensation products that support the strategy for assigned businesses, executives or international clients. May directly consult with business managers in the development of these products.

Required Skills and Experience:

To be minimally qualified for this role, a candidate must:

  • Have 2+ years of Compensation Experience or successful performance in a role with strong analytical focus

  • Demonstrate the ability to handle highly confidential and sensitive information with discretion and maturity

  • Have strong advisory and influencing skills

  • Have data/quantitative analysis experience and strong analytical and problem solving skills; 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 complex formulas, summary tables, lookups, etc)

  • Demonstrate experience creating high impact presentations utilizing PowerPoint and the ability to clearly “tell the story” with complex underlying data; be able to analyze present-state, and develop alternative future-state approaches

  • Have a project/program management background and the ability to prioritize tasks and manage multiple projects with a strong attention to detail

  • 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 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

  • 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

Desired Skills and Experience

  • Familiarity with Access and HR Systems a plus

  • Experience with Compensation analytics a plus

Posting Date : 05/17/2018

Location :


  • United States

Travel : No

Full / Part-time : Full time

Hours Per Week : 40

Shift : 1st shift

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