Compensation, Incentive Administration – Vice President

Reposted 11 Days Ago
Be an Early Applicant
Columbus, OH, USA
Hybrid
Expert/Leader
Financial Services
We’re one of the world’s biggest technology-driven companies
The Role
Oversee incentive compensation administration, governance, implementation, calculation validation, controls, and process improvement across Business Banking. Partner with HR, Finance, Technology, Risk, Controls, Sales Strategy, and business leaders to manage plan changes, resolve exceptions, support audits, prepare executive reporting, identify operational risks, and develop scalable administration solutions.
Summary Generated by Built In

JPMorgan Chase is seeking a Vice President to join our Compensation team! 

As an Incentive Administration Vice President within our Compensation team, you will oversee the implementation, administration, governance and ongoing management of incentive compensation programs across Business Banking. You will support cross organization efforts with Consumer Bank at times and partner with Human Resources, Finance, Sales Strategy, Incentive Operations, Technology, Risk, Controls and business leaders to administer plans accurately, maintain effective governance and support business objectives. The role balances operational execution, implementation coordination and complex program administration, with a consistent focus on accuracy, controls, and continuous improvement. 

Job Responsibilities:

  • Administer incentive compensation programs and interpret plan provisions and administration guidelines; partner with Finance to validate incentive calculations, reporting outputs and payouts.
  • Support participant eligibility reviews, plan documentation, governance activities and approved plan updates.
  • Research and resolve incentive inquiries, exceptions and escalations using documented plan provisions and administration standards.
  • Coordinate implementation activities for approved incentive plan and system changes, including timelines, deliverables, dependencies, risks and stakeholder communications.
  • Coordinate cross-functional workstreams across Human Resources, Finance, Sales Strategy, Technology, Operations, Risk, Controls and the business.
  • Validate incentive calculations and reporting outputs, and provide incentive administration data to support reporting and analysis requests.
  • Prepare executive summaries, presentations and management reporting related to incentive administration, implementation status, issues and controls.
  • Maintain procedures, process documentation and administration standards; support audit, risk and control reviews.
  • Identify operational risks, data-quality issues and process gaps, and drive appropriate remediation, standardization and automation.
  • Partner with LOB Sales Strategy & Support and business stakeholders to evaluate the administration and calculation impacts of proposed plan changes.
  • Develop scalable administration solutions that improve calculation accuracy, controls, operational effectiveness and readiness for approved program changes.

Required Qualifications, Capabilities and Skills:

  • Experience developing procedures, process documentation and controls, and supporting governance, risk, audit or compliance activities.
  • Advanced Microsoft Excel skills and experience working with large datasets, complex calculations and data validation.
  • Strong implementation and project coordination skills, including planning, dependency management, risk identification and stakeholder communication.
  • Advanced analytical and problem-solving skills, with exceptional attention to detail.
  • Demonstrated ability to independently drive complex work to completion while managing multiple priorities.
  • Ability to interpret complex plan provisions and business rules and translate requirements into practical administration processes.
  • Strong written and verbal communication skills, including experience preparing executive-level presentations and management reporting.
  • Ability to influence and collaborate across diverse stakeholder groups and operate effectively in ambiguous or changing environments.
  • Demonstrated ownership, sound judgment and accountability, with the ability to balance urgency, accuracy and control.

Preferred Qualifications,  Capabilities and Skills:

  • Financial services experience.
  • Incentive Compensation Administration or Compensation Operations experience.
  • Experience supporting scorecard or performance-measurement programs from an administration or calculation perspective.
  • Business analysis and project implementation experience.
  • Experience with process improvement, operational excellence, automation or standardization initiatives.
  • Experience supporting governance committees, risk and control reviews, audits or complex cross-functional implementations.

To be eligible for this role, you must be authorized to work in the United States. We do not offer any type of employment-based immigration sponsorship for this role. Likewise, JPMorgan Chase & Co. will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including optional practical training (OPT) or curricular practical training (CPT).


About Us
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world’s most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.

We offer a competitive total rewards package including base salary determined based on the role, experience, skill set and location. Those in eligible roles may receive commission-based pay and/or discretionary incentive compensation, paid in the form of cash and/or forfeitable equity, awarded in recognition of individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process. 

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans

About the Team
Our professionals in our Corporate Functions cover a diverse range of areas from finance and risk to human resources and marketing. Our corporate teams are an essential part of our company, ensuring that we’re setting our businesses, clients, customers and employees up for success.

Human Resources plays a critical role in driving the employee experience, shaping the firm’s culture and building a diverse and inclusive workforce. We are a strategic partner to the business — working with leaders across the firm to hire, develop and retain the best people and help meet business goals. Together, we foster a work environment in which our people are supported, feel like they belong and are able to make an impact through their work. We develop and deliver a suite of products and services that help make JPMorgan Chase an employer of choice and drive our business forward.

Skills Required

  • Experience developing procedures, process documentation, and controls; supporting governance, risk, audit, or compliance activities
  • Advanced Microsoft Excel skills and experience with large datasets, complex calculations, and data validation
  • Strong implementation and project coordination skills, including planning, dependency management, risk identification, and stakeholder communication
  • Advanced analytical and problem-solving skills with exceptional attention to detail
  • Ability to independently drive complex work to completion while managing multiple priorities
  • Ability to interpret complex plan provisions and business rules and translate requirements into practical administration processes
  • Strong written and verbal communication skills, including executive-level presentations and management reporting
  • Ability to influence and collaborate across diverse stakeholder groups and operate effectively in ambiguous or changing environments
  • Demonstrated ownership, sound judgment, and accountability while balancing urgency, accuracy, and control
  • Financial services experience
  • Incentive compensation administration or compensation operations experience
  • Experience supporting scorecard or performance-measurement programs from an administration or calculation perspective
  • Business analysis and project implementation experience
  • Experience with process improvement, operational excellence, automation, or standardization initiatives
  • Experience supporting governance committees, risk and control reviews, audits, or complex cross-functional implementations

JPMorganChase Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about JPMorganChase and has not been reviewed or approved by JPMorganChase.

  • Healthcare Strength — Health coverage is considered comprehensive, including medical, dental, and vision, alongside wellness and mental health resources. Some locations add onsite health centers and related wellbeing support.
  • Retirement Support — Retirement offerings include a 401(k)-type savings plan and related financial benefits, with options such as employee stock purchase participation. Financial planning resources are also highlighted to support long-term savings.
  • Parental & Family Support — Paid parental leave of 16 weeks for birth or adoption is available for all parents. Child care and back-up child care resources further reinforce family support.

JPMorganChase Insights

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The Company
HQ: New York, NY
289,097 Employees
Year Founded: 1799

What We Do

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.7 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Technology fuels every aspect of our company and is at the heart of everything we do. With over 50,000 technologists globally and an annual tech spend of $12 billion, we are dedicated to improving the design, analytics, development, coding, testing and application programming that goes into creating high quality software and new products. Learn more about technology at our firm, explore resources from our Distinguished Engineers, AI & ML researchers, and other experts; access the latest episode of our TechTrends podcast, and more at www.jpmorgan.com/technology. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com. ©2023 JPMorgan Chase & Co. All rights reserved. JPMorgan Chase is an Equal Opportunity Employer, including Disability/Veterans.

Why Work With Us

Our technologists work on a diverse range of solutions that include strategic technology initiatives, big data, mobile, electronic payments, machine learning, cybersecurity, enterprise cloud development, and other state-of-the-art technologies.

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