Job Information
Truist Executive Compensation Analyst in Atlanta, Georgia
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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America)
Please review the following job description:
This is a hybrid role to be located in Charlotte, NC. Not a remote role due to sensitivity. *
Assist with the administration of equity-based compensation programs, directors’ compensation programs, and other plans and agreements administered by Executive Compensation with minimal guidance.
Assists in administration of all facets of the Corporation's long term incentive equity stock plans to include communications, granting, exercises, releases and termination of all equity awards for executives, teammates and Directors.
Performs daily, monthly, and annual reconciliations between payroll transactions and general ledger accounts for Executive Compensation payments such as equity-related transactions, contract payments, AIP payments and Director payments.
Maintains the data integrity of the stock administration system and periodically validates the accuracy of database information, including all insider data, teammate data, tax withholding rates, and award information.
Assist with the administration of the Corporate Director compensation programs, including payment processing and reconciliations. Assist with the administration of the Corporate Annual Incentive Plan program, to include accruals, budgeting and the payment process.
Assist with the administration of employment agreements and executive severance arrangements; ensure severance payments and benefits are processed in accordance with the arrangements.
Provides broad-based analytical support to the team for administering the annual incentive plan program and equity program.
Works closely with key stakeholders of Executive Compensation to include Payroll, Accounts Payable, Legal, Audit and program participants.
Required Qualifications:
Bachelor's degree or equivalent and 3 years of professional experience or an equivalent combination of education and experience.
At least 2 years of demonstrated experience using principles, practices, theories, and/or methodologies associated with the Human Resources discipline.
Ability to solve problems by analyzing possible solutions using experience, judgment and precedents.
Ability to communicate complex information in a straightforward manner as appropriate for the intended audience.
Analytical experience working with Excel, Access or other databases. Intermediate skills in MS Office software.
Strong analytical, organizational, interpersonal and communication skills.
Preferred Qualifications:
4 years of experience as a compensation or benefits professional.
Project management experience.
Experience working with HRIS systems.
Knowledge and understanding of accounting and financial concepts, especially as they relate to compensation and benefits including tax and accounting treatment, SEC regulations and filings, proxy disclosures, Internal Revenue Code Section 409A.
General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)
. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.
EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)
Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)
E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)