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Form of workBusiness Overview:
The Compensation team delivers guidance and controls on all matters relating to compensation, while helping the firm remain competitive with respect to pay philosophy and practices. We deliver reward expertise on regulatory compensation, governance, and policy related topics. Having a compliant framework within the Compensation space is an important part of having a best-in-class Compensation team. Overall, the team navigates line of business demands, market conditions, regulatory and control aspects to provide expertise and counsel on both individual and group compensation decisions.
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Results and Impact
- Able to influence peers and team.
- Demonstrates good judgement when making decisions of high complexity and impact.
- Exercise appropriate autonomy in the execution and delivery of work.
- Responsible for driving outcomes, which have meaningful effect on team or department.
- Leadership and Collaboration:
- Creates trust with colleagues.
- Acts in leadership capacity for projects, processes, or programs.
- Client, Customer and Stakeholder Focus:
- Able to build relationships with a mix of colleagues and clients.
- Interacts regularly with management and department leaders.
- Demonstrates the ability to influence stakeholders at the team level.
- Compliance Culture and Conduct:
- Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
- Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
- Contribute to the Comp Review Process (CRP) including modeling, preparing analysis and reporting.
- Provide counsel and support to managers and HR partners on all compensation matters including evaluating compensation packages, managing the year end compensation process, and providing guidance and resolution to day-to-day compensation queries
- Support the compensation team during the annual compensation year-end process, as required to ensure proper execution and implementation locally and globally
- Provide support in regulatory and compliance matters, including Board reporting and compensation committee material (global and regional)
- Collaborate with Risk, Compliance, Legal and control functions to review permanent control, policies, and processes
- Assist in the preparation of presentations and reports for various meetings (include Committees meetings).
- Serve as a liaison with all stakeholders (Recruitment, HRBPs, Business managers, US REWARDS, etc....) for all compensation related topics
- Maintain and update compensation and regulatory policies and procedures
Management Structure - Hierarchical Manager: Head of US Compensation - CIB Americas
Functional Manager: Not Applicable
The expected starting salary range for this position in New Jersey is between $95,000 to $120,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. In the United States, BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
The bank employs nearly 6,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
Minimum Required Qualifications:
- Bachelors/Master's degree or equivalent in Finance, Accounting, Data Management, or related field
- 2 - 5 years of experience in compensation, finance, or related discipline, preferably in Financial Services
- Strong analytical and problem-solving skills, high attention to detail and well organized
- Understanding of the US/ECB regulatory environments
- Advanced skills in Excel
Preferred Qualifications:
- Knowledge of HR processes and core compensation principles.
- Experience in US Compensation regulatory issues
- High level of attention to detail
FINRA Registrations Required:
- Not Applicable
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
- Not Applicable
SEC Security-Based Swap Dealer Associated Person:
- Not Applicable
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
