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Compensation Strategy Jobs in Delaware (NOW HIRING)

Our compensation policies and practices have been designed to allow colleagues to progress through ... Ensure all strategies adhere to regulatory and compliance standards (e.g., TCPA, FDCPA, CFPB ...

Our compensation policies and practices have been designed to allow colleagues to progress through ... Ensure all strategies adhere to regulatory and compliance standards (e.g., TCPA, FDCPA, CFPB ...

Lead Strategy Consultant

Newark, DE · On-site

$111K - $189K/yr

LEAD STRATEGY CONSULTANT WHAT IS THE OPPORTUNITY? This role is responsible for leading delivery of ... Compensation Starting base salary: $111,408 - $189,738 per year. Exact compensation may vary based ...

VP POS Fraud Strategy

Newark, DE · On-site

$101K - $172K/yr

This is a high-visibility role to drive and optimize POS fraud strategy for cards and Zelle ... Compensation Starting base salary: $101,231 - $172,355 per year. Exact compensation may vary based ...

Our compensation policies and practices have been designed to allow colleagues to progress through ... Risk Management The Credit Risk Strategy Manager I (US) manages the creation, implementation and ...

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Compensation Strategy information

What is compensation strategy?

Compensation strategy refers to an organization's approach to designing and managing employee pay, benefits, and rewards to attract, motivate, and retain talent. It involves aligning compensation programs with business goals, market trends, and internal equity considerations. A well-developed compensation strategy helps ensure that employees are fairly rewarded for their work and that the company remains competitive in the job market. It typically includes salary structures, incentive plans, and benefits offerings tailored to the organization's objectives.

What are the key skills and qualifications needed to thrive in compensation strategy, and why are they important?

To thrive in Compensation Strategy, you need a strong background in data analysis, compensation principles, and human resources, often supported by a degree in HR, finance, or business. Familiarity with compensation management software, HRIS systems, and certifications like CCP (Certified Compensation Professional) is highly valuable. Excellent communication, problem-solving, and stakeholder management skills set top performers apart in this field. These capabilities ensure fair, competitive, and compliant compensation programs that drive employee engagement and organizational success.

How does a compensation strategy professional typically collaborate with HR and business leaders to develop effective pay structures?

Compensation Strategy professionals work closely with HR teams and business leaders to align pay structures with organizational goals and market benchmarks. They participate in regular meetings to discuss workforce trends, company performance, and budget constraints, ensuring that compensation plans attract and retain top talent. This role often involves analyzing salary data, proposing adjustments, and presenting recommendations to leadership for approval, fostering a collaborative environment that balances business needs with employee satisfaction.

What skills do you need to be a compensation analyst?

A compensation analyst needs strong analytical skills, proficiency in Excel and data management tools, and a good understanding of compensation structures and market trends. Attention to detail, communication skills, and knowledge of HR policies are also important for developing and implementing pay strategies.

What is the difference between Compensation Strategy vs Compensation Analyst?

AspectCompensation StrategyCompensation Analyst
Primary FocusDeveloping overall compensation plans and policiesAnalyzing salary data and market trends
ResponsibilitiesDesigning pay structures, benefits, and incentive programsConducting salary surveys, data analysis, and reporting
Required CredentialsHR or compensation certifications, relevant experienceDegree in HR, finance, or related field; analytical skills
Work EnvironmentStrategic planning, policy development, cross-department collaborationData analysis, reporting, supporting compensation decisions

While Compensation Strategy focuses on creating and guiding overall pay policies and structures, Compensation Analysts implement these strategies through data analysis and market research. Both roles are essential in ensuring competitive and equitable compensation practices within organizations.

What are popular job titles related to Compensation Strategy jobs in Delaware? For Compensation Strategy jobs in Delaware, the most frequently searched job titles are:
What cities in Delaware are hiring for Compensation Strategy jobs? Cities in Delaware with the most Compensation Strategy job openings:

Quantitative Analytics Associate - Fraud Prevention Optimization Strategy

JPMorgan Chase & Co

Wilmington, DE • On-site

Full-time

Medical, Retirement

Re-posted 28 days ago


JPMorgan Chase & Co. rating

8.0

Company rating: 8.0 out of 10

Based on 493 frontline employees who took The Breakroom Quiz

73rd of 170 rated banks


Job description

Are you interested in joining a dynamic team? Become a Quantitative Analytics Associate on our Consumer and Community Banking (CCB) Fraud Prevention Optimization Strategy team to reduce cost of fraud and improving customer experience. The breadth of experiences, learnings, and connections in this role will enable your growth and development. To excel, you'll be highly motivated, highly analytical, extremely detail oriented, and an exceptional problem solver who takes pride in being part of an organization that owns customer issues from beginning to end and delivers accurate, timely solutions. 

As a Quant Analytics Associate I in our Fraud Prevention Optimization team you will focus on reducing cost of fraud, through complex analyses combined with business insights and collaboration. Your objective is reducing losses and / or operating expenses while balancing customer impact through optimizing business processes and decisioning. You will frequently interact and communicate with cross-functional partners and present complex analysis succinctly to managers and executives. You will be provided an opportunity to be part of a dynamic team that is instrumental in protecting the bank by leveraging complex analytics and new tools like large language models to deliver sustainable, hard hitting business improvements.

Job Responsibilities

  • Interpret and analyze complex data to formulate problem statement, provide concise conclusions regarding underlying risk dynamics, trends, and opportunities.
  • Use advanced analytical & mathematical techniques to solve complex business problems. 
  • Manage, develop, communicate, and implement optimal fraud strategies to reduce fraud related losses and improve customer experience across credit card fraud lifecycle. 
  • Identify key risk indicators, develop key metrics, enhance reporting, and identify new areas of analytic focus to constantly challenge current business practices.
  • Provide key data insights and performance to business partners.
  • Collaborate with cross-functional partners to solve key business challenges.
  • Assist team efforts in the critical projects while providing clear/concise oral and written communication across various functions and levels.
  • Champion the usage of latest technology and tools, such as large language models, to drive value at scale across business organizations.

Required qualifications, capabilities, and skills

  • Bachelor's degree in a quantitative field or 3 years risk management or other quantitative experience
  • Background in Engineering, statistics, mathematics, or another quantitative field 
  • Advanced understanding of Python, SAS, and SQL
  • Query large amounts of data and transform into actionable recommendations.
  • Strong analytical and problem-solving abilities
  • Experience delivering recommendations to leadership.
  • Self-starter with ability to execute quickly and effectively.
  • Strong communication and interpersonal skills with ability to interact with individuals across departments/functions and with senior level executives

Preferred qualifications, capabilities, and skills

  • MS degree in a quantitative field or 4 or more years risk management or other quantitative experience.
  • Hands on Knowledge of AWS and Snowflake.
  • Advanced analytical techniques like Machine Learning, Large Language Model Prompting or Natural Language Processing will be an added advantage.
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

Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.

The CCB Data & Analytics team responsibly leverages data across Chase to build competitive advantages for the businesses while providing value and protection for customers. The team encompasses a variety of disciplines from data governance and strategy to reporting, data science and machine learning. We have a strong partnership with Technology, which provides cutting edge data and analytics infrastructure. The team powers Chase with insights to create the best customer and business outcomes.

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