Compensation, Incentive Administration - Vice President
JPMorgan Chase & Co.
Job Description
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.
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