Compensation Data Solutions - India - Executive Director

Location: Mumbai, Maharashtra, India

Job Family: Compensation

About the Role

At JP Morgan Chase, we are a leading global financial services firm with operations spanning investment banking, consumer and community banking, commercial banking, and asset and wealth management. Our Compensation Data Solutions team plays a critical role in ensuring our compensation programs are data-driven, equitable, and compliant across our global footprint. As the Executive Director for Compensation Data Solutions in India, based in Mumbai, you will spearhead the establishment and leadership of a dedicated team to support these vital initiatives. This role offers the opportunity to shape the future of compensation strategies at one of the world's most respected financial institutions, leveraging cutting-edge data technologies to drive business success and employee satisfaction. In this strategic leadership position, you will be responsible for building and mentoring a team of data experts in India to deliver robust solutions for global compensation challenges. Your focus will include overseeing the integration of compensation data with JP Morgan's enterprise systems, ensuring seamless data flows that support annual planning cycles, performance evaluations, and regulatory reporting. You will collaborate closely with senior leaders in New York, London, and other hubs to align Indian operations with firm-wide priorities, while navigating the unique aspects of the Indian financial services landscape, such as local talent markets and regulatory nuances. This role demands a blend of technical acumen and visionary leadership to innovate in areas like predictive analytics for pay equity and talent retention. Success in this role will be measured by your ability to deliver scalable, efficient data solutions that enhance JP Morgan Chase's competitive edge in attracting top talent amid evolving industry dynamics. You will champion a culture of excellence, fostering diversity and inclusion within your team while adhering to the highest standards of data privacy and ethical practices. With access to JP Morgan's world-class resources and professional networks, this position is ideal for a seasoned professional passionate about transforming compensation data into strategic assets for a premier financial powerhouse.

Key Responsibilities

• Establish and lead a high-performing team in India to support JP Morgan Chase's global Compensation Data Solutions initiatives, focusing on data accuracy, governance, and innovation
• Develop and implement strategies for compensation data management, ensuring compliance with global financial regulations and internal policies
• Oversee the design, development, and maintenance of compensation data systems, integrating with JP Morgan's core banking and HR platforms
• Collaborate with global stakeholders, including Compensation, HR Technology, and Finance teams, to align initiatives with business objectives
• Drive process improvements and automation to enhance efficiency in compensation planning, modeling, and reporting for JP Morgan's diverse workforce
• Monitor and analyze compensation trends in the financial services industry to inform data-driven decisions and mitigate risks
• Ensure data security, privacy, and audit readiness in line with JP Morgan's standards and regulatory requirements such as GDPR and SOX
• Mentor and develop team members, fostering a culture of excellence and continuous learning within the Indian operations
• Manage vendor relationships and budgets for compensation data projects, optimizing costs while maintaining quality
• Contribute to the evolution of JP Morgan's compensation frameworks by leveraging data insights to support talent retention and performance

Required Qualifications

• Bachelor's degree in Finance, Business Administration, Human Resources, or a related field; Master's degree preferred
• 10+ years of experience in compensation data management, analytics, or HR technology within the financial services industry
• Proven track record of leading and building high-performing teams in a global, matrixed organization
• Deep expertise in compensation structures, data governance, and regulatory compliance in banking
• Strong understanding of global compensation practices and their alignment with financial services regulations
• Experience with large-scale data migration, system implementations, and process optimization in HR or finance domains
• Ability to thrive in a fast-paced, high-stakes environment with a focus on innovation and efficiency

Preferred Qualifications

• Advanced certifications such as CCP (Certified Compensation Professional) or equivalent
• Experience working in a multinational financial institution like JP Morgan Chase
• Familiarity with Indian labor laws and compensation benchmarks in the BFSI sector
• Prior leadership role in establishing offshore teams for global HR initiatives
• Knowledge of emerging technologies like AI and machine learning in compensation analytics

Required Skills

• Expertise in compensation data analytics and modeling tools like Excel, SQL, and Tableau
• Proficiency in HRIS systems such as Workday or SAP SuccessFactors
• Strong leadership and team-building skills in a global financial environment
• Advanced knowledge of financial regulations impacting compensation (e.g., Dodd-Frank, Basel III)
• Data governance and quality management experience
• Project management skills with methodologies like Agile or Waterfall
• Excellent communication and stakeholder management abilities
• Analytical mindset for interpreting complex compensation datasets
• Technical proficiency in Python or R for data scripting and automation
• Strategic thinking to align HR data solutions with business goals
• Cross-cultural collaboration skills for India-based global teams
• Risk assessment and compliance expertise in banking
• Innovation in leveraging AI/ML for compensation insights
• Budgeting and resource allocation in large-scale projects
• Problem-solving in high-pressure financial services scenarios

Benefits

• Competitive base salary and performance-based annual bonus aligned with JP Morgan's compensation philosophy
• Comprehensive health, dental, and vision insurance coverage for employees and dependents
• Retirement savings plan with generous company matching contributions
• Paid time off including vacation, sick leave, and parental leave policies
• Professional development opportunities through JP Morgan's internal training programs and tuition reimbursement
• Employee wellness programs, including gym memberships and mental health support
• Flexible work arrangements and hybrid options for work-life balance
• Global mobility support for career advancement within JP Morgan Chase

JP Morgan Chase is an equal opportunity employer.