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EU Compensation Specialist

hace 4 días

Paris

Job Title: EU Compensation Specialist Corporate Title: Up to Vice President Location: Paris, France Company Overview: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi-faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Location Overview: Based in the 8th arrondissement and within the Parisian Golden Triangle, our beautiful Art-Deco era office benefits from luxury modern workspaces, an abundance of natural light and is easily accessible by public transport. Job Description: Bank of America’s Global Human Resources team is seeking to hire an EU Compensation Specialist based in Paris, which sits within the broader EMEA Compensation & Benefits function. The EU Compensation Specialist will support a broad range of activities, including ensuring that compensation policies, practices and structures comply with applicable EU rules, France profit-sharing, EU Material Risk Taker identification, regulatory reporting and submissions, remuneration committee support, and audits and controls relating to compensation activities. This is an exciting opportunity to join an experienced and supportive team, offering significant exposure to EU compensation activities and interaction with a road set of stakeholders, including EMEA Compensation & Benefits, HR teams and partners across Legal, Finance, Risk, Compliance, and Audit. The Team: EMEA Human Resources comprises of business facing HR generalists and specialists in areas such as Compensation and Benefits, Talent Acquisition, Learning and Leadership Development, Employee Relations and centralised Human Resource Shared Service Centre. Bank of America offers a number of outstanding career opportunities designed to attract and retain all skill levels – a chance for both personal and professional development as well as a salary and benefit package designed to reflect the individual’s contribution. The EMEA Compensation team is responsible for operating the Bank’s compensation policies and practices and ensuring that these comply with applicable regulatory and other local requirements. Responsibilities will include but not limited to: • Supporting the management and administration of France profit sharing, • Supporting the identification of EU Material Risk Takers, • Supporting the preparation of regulatory remuneration reports and disclosures, • Supporting the application of compensation structuring rules at year-end (including deferrals and variable to fixed remuneration ratios), including performing relevant audits and controls, • Ensuring sound application of EU regulations on compensation practices, • Assisting in preparing materials for EU remuneration committees and boards, • Partnering with colleagues across EMEA and globally on broader compensation projects and initiatives, • Ensuring appropriate governance, controls, and documentation of internal compliance assessments Experience / Competencies: • Experience in compensation and profit-sharing within a large multinational financial services organisation, • Demonstrates intellectual curiosity, with a keen interest in compensation regulations, • Exceptional attention to detail, • Excellent analytical and problem-solving skills, • Ability to take initiative, manage deliverables, and exercise sound judgment, • Ability to work effectively both independently and as part of a geographically distributed team, • Well-developed project management and organisational skills, • Advanced Excel skills, with the ability to manage large and complex datasets, • Prior experience in the EU regulatory compensation landscape is preferred, • Highly effective communication skills; ability to translate complex concepts/data into clear, concise insights, • Proven ability to engage a wide range of stakeholders in a collaborative and results-oriented manner, • Commercial acumen, • Proficiency in Microsoft Office applications (Excel, PowerPoint, Word) Benefits of working at Bank of America (France): • Competitive retirement plan in addition to State plans, • Mandatory Medical Plan provided by the bank as a top-up to Social Security health benefits for you and your family., • Employees and family members can receive free health advice 24/7 through a range of English and French speaking medical providers, • Life and disability insurance, • Time Savings Account (‘CET’) to save some of your leave days, cash them out or use them later, • Reimbursement of 50% of your commuter pass, • Nursery scheme for children under age 3, • Works council benefits, • Access to an Employee Assistance Programme for confidential support and help for everyday matters, • Opportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charities, • Opportunity to receive free entry to arts exhibitions sponsored by Bank of America in Paris Bank of America: Good conduct and sound judgment is crucial to our long-term success. It’s important that all employees in the organisation understand the expected standards of conduct and how we manage conduct risk. Individual accountability and an ownership mind-set are the cornerstones of our Code of Conduct and are at the heart of managing risk well. We are an equal opportunities employer and ensure that no applicant is subject to less favourable treatment on the grounds of sex, gender identity or gender reassignment, marital or civil partner status, race, religion or belief, colour, nationality, ethnic or national origins, age, sexual orientation, pregnancy or maternity, socio-economic background, responsibility for dependants or physical or mental disability. The Bank selects candidates for interview based on their skills, qualifications and experience. We strive to ensure that our recruitment processes are accessible for all candidates and encourage any candidates to tell us about any adjustment requirements.

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