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- Tasks: Support compensation strategy and execute key activities in Asset and Wealth Management.
- Company: Join JPMorgan Chase, a leader in financial services with a commitment to employee success.
- Benefits: Enjoy a supportive work environment, opportunities for growth, and a focus on diversity and inclusion.
- Why this job: Be part of a dynamic team that shapes compensation strategies and impacts employee experience.
- Qualifications: Some HR or finance experience, strong analytical skills, and proficiency in Excel required.
- Other info: Ideal for those eager to learn and thrive in a fast-paced, collaborative setting.
The predicted salary is between 36000 - 60000 £ per year.
As a Compensation Analyst / Associate, you will support the compensation strategy and execution for key businesses within the Asset and Wealth Management Line of Business (LOB) and contribute to the Europe, Middle East, and Africa (EMEA) Compensation Agenda.
In this role, you will perform various compensation activities, including providing guidance to line and HR management regarding compensation actions for employees, administering and coordinating annual compensation planning processes, and analyzing and reporting internal and external market compensation data.
Job Responsibilities:
- Assist with planning and administrative tasks for our annual compensation processes, collaborating with different business lines, HR, and Finance teams.
- Support compensation activities such as new hire offers, promotions, transfers, and budget planning.
- Participate in compensation surveys and analyze data to support organizational needs.
- Support projects related to compensation, including policy reviews and system updates.
- Become an expert in our compensation reporting tools and help deliver accurate reports and insights.
- Propose ideas to improve our compensation programs and ensure alignment with business strategy.
- Contribute to the EMEA Compensation Agenda, including region-specific activities.
Required Qualifications, Skills, and Abilities:
- Some experience in HR, Compensation, or Finance, with strong analytical and problem-solving skills.
- Good data management skills and a basic understanding of organizational operations.
- Proficiency in Microsoft Excel, including Pivot Tables, IF statements, and XLOOKUPs.
- Attention to detail and the ability to interpret data effectively.
- Strong communication and interpersonal skills, with a creative approach to HR and Compensation strategies.
- Ability to work in a fast-paced, collaborative, and evolving environment; capable of problem-solving independently, managing multiple priorities, and building strong partnerships.
- Commitment to operational excellence with appropriate controls.
- Curiosity and eagerness to learn.
Preferred Qualifications, Skills, and Abilities:
- Familiarity with PeopleSoft and experience with Business Objects.
- Previous experience in the financial services industry.
Asset and Wealth Management Compensation Specialist employer: J.P. Morgan
Contact Detail:
J.P. Morgan Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Asset and Wealth Management Compensation Specialist
✨Tip Number 1
Familiarise yourself with the latest trends in compensation strategies within the Asset and Wealth Management sector. This knowledge will not only help you during interviews but also demonstrate your genuine interest in the role.
✨Tip Number 2
Network with professionals already working in compensation roles, especially within financial services. Engaging with them can provide insights into the company culture and expectations, which can be invaluable during your application process.
✨Tip Number 3
Brush up on your Excel skills, particularly with Pivot Tables and XLOOKUPs. Being able to showcase your proficiency in these areas during discussions can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss how you would approach compensation analysis and reporting. Think of specific examples or ideas that could improve existing processes, as this shows initiative and a proactive mindset.
We think you need these skills to ace Asset and Wealth Management Compensation Specialist
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in HR, Compensation, or Finance. Emphasise your analytical skills and any specific tools you've used, like Microsoft Excel, to demonstrate your fit for the role.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the position and the company. Mention how your skills align with the responsibilities outlined in the job description, particularly your ability to support compensation activities and collaborate with various teams.
Showcase Your Analytical Skills: Provide examples of how you've used data management and analysis in previous roles. Highlight any experience with compensation surveys or reporting tools, as this will be crucial for the position.
Prepare for Potential Questions: Think about how you would approach common compensation challenges and be ready to discuss your problem-solving strategies. This will show your understanding of the role and your readiness to contribute to the EMEA Compensation Agenda.
How to prepare for a job interview at J.P. Morgan
✨Showcase Your Analytical Skills
As a Compensation Analyst, strong analytical skills are crucial. Be prepared to discuss specific examples of how you've used data analysis in previous roles, particularly in HR or finance. Highlight your proficiency in Excel and any relevant tools you've used.
✨Understand the Compensation Landscape
Familiarise yourself with current trends in compensation within the financial services industry. Research common compensation structures and be ready to discuss how they align with business strategies. This shows your commitment to understanding the role's context.
✨Demonstrate Communication Skills
Strong communication is key in this role. Prepare to explain complex compensation concepts clearly and concisely. You might also want to practice how you would present data insights to non-technical stakeholders, as this will be part of your responsibilities.
✨Be Ready to Propose Improvements
The job involves contributing ideas to improve compensation programs. Think about potential enhancements you could suggest based on your research and experience. This proactive approach will demonstrate your eagerness to contribute positively to the team.
