Compensation Vice President

Location: Plano, TX, United States

Job Family: Compensation

About the Role

JPMorgan Chase & Co. is a leading global financial services firm with assets of $3.7 trillion and operations worldwide, committed to helping people and businesses prosper. We are seeking a Compensation Vice President to join our dynamic Human Resources team in Plano, Texas. In this pivotal role, you will drive the development and execution of compensation strategies that support our core businesses in consumer banking, investment banking, and asset management. Reporting to the Head of Compensation, you will play a key role in shaping total rewards programs that attract, motivate, and retain exceptional talent in a highly competitive industry, while ensuring alignment with our risk management and regulatory frameworks. As Compensation Vice President, you will lead complex projects involving market analysis, incentive design, and pay equity initiatives tailored to the financial services landscape. You will collaborate closely with senior leaders across divisions to benchmark compensation against peers like Goldman Sachs and Bank of America, utilizing advanced analytics to inform decisions on base pay, variable incentives, and equity grants. Your expertise will be crucial in navigating U.S. regulatory requirements, such as those from the SEC and OCC, and in optimizing compensation structures to drive performance in our Plano operations hub, a key center for technology and corporate functions. This position offers the opportunity to influence strategic HR initiatives at one of the world's most admired companies, with exposure to innovative tools and a collaborative culture. If you have a passion for compensation innovation and a deep understanding of financial industry dynamics, join JPMorgan Chase to contribute to our mission of powering the progress that matters.

Key Responsibilities

• Develop and execute comprehensive compensation strategies aligned with JPMorgan Chase's business objectives and financial services market dynamics
• Lead the design, analysis, and implementation of executive, incentive, and equity compensation programs to attract and retain top talent
• Conduct market benchmarking and competitive analysis using industry data to ensure compensation competitiveness in banking and asset management sectors
• Collaborate with HR business partners, finance, and legal teams to ensure compliance with regulatory standards and internal governance policies
• Oversee the annual compensation planning cycle, including merit increases, bonuses, and long-term incentives for a diverse employee base
• Analyze compensation trends and metrics to provide insights and recommendations to senior leadership on pay equity and total rewards optimization
• Manage relationships with external compensation consultants and vendors to support data-driven decision-making
• Drive initiatives for compensation process improvements, leveraging technology to enhance efficiency and accuracy in a high-volume environment
• Support talent acquisition and retention efforts by advising on competitive offer structures in the competitive financial talent market
• Prepare compensation-related reporting for board committees and regulatory filings specific to JPMorgan Chase's operations

Required Qualifications

• Bachelor's degree in Human Resources, Finance, Business Administration, or a related field; Master's degree or MBA preferred
• 8+ years of progressive experience in compensation strategy, design, and administration within the financial services industry
• Proven track record of leading compensation projects in a large-scale organization, ideally in banking or investment services
• Deep knowledge of U.S. compensation regulations, including FLSA, SEC pay ratio disclosure, and Dodd-Frank requirements
• Experience with compensation benchmarking tools and market data analysis from sources like Mercer, Radford, or WTW
• Strong analytical skills with proficiency in data modeling and statistical analysis for compensation metrics
• Ability to collaborate with senior executives and cross-functional teams in a fast-paced, regulated environment

Preferred Qualifications

• Certified Compensation Professional (CCP) designation or equivalent
• Experience in global compensation programs, with exposure to international pay structures
• Background in technology-driven HR systems, such as Workday or Oracle HCM for compensation modules
• Prior leadership role in compensation during mergers, acquisitions, or organizational restructurings at a financial institution
• Familiarity with DEI initiatives and their integration into equitable compensation frameworks

Required Skills

• Expertise in compensation philosophy and total rewards strategy
• Advanced proficiency in Excel, SQL, and data visualization tools like Tableau
• Strong quantitative analysis and statistical modeling for pay equity assessments
• Knowledge of financial modeling for incentive plan projections
• Excellent communication and presentation skills for executive stakeholder engagement
• Project management abilities to lead cross-functional compensation initiatives
• Regulatory compliance acumen in financial services compensation
• Strategic thinking to align pay with business performance metrics
• Interpersonal skills for building partnerships across HR, finance, and business units
• Adaptability to evolving market conditions in banking and investments
• Attention to detail in data accuracy and audit compliance
• Leadership in mentoring junior compensation analysts
• Familiarity with HRIS systems for compensation administration
• Problem-solving in complex, high-stakes compensation scenarios
• Cultural sensitivity for diverse, global workforce compensation needs

Benefits

• Comprehensive medical, dental, and vision insurance plans with multiple coverage options
• 401(k) Savings Plan with company match up to 6% of eligible compensation
• Generous paid time off, including vacation, sick days, and parental leave
• Annual performance-based bonuses and long-term incentive programs
• Professional development opportunities through JPMorgan Chase's internal training and tuition reimbursement
• Wellness programs including gym memberships, mental health support, and employee assistance programs
• Flexible work arrangements, including hybrid options in Plano, TX
• Retirement planning services and financial wellness resources tailored for financial services professionals

JP Morgan Chase is an equal opportunity employer.