This position plays a key role in the management of Discovers Executive Compensation activities. Manages the design, structure, and administration of the executive compensation programs for executives. Develops and communicates short and long-term incentive compensation, executive benefit, and perquisite plans. This position plays a key role in Executive Compensation. This position provides an excellent opportunity to become familiar with many areas of the company’s business.
Responsibilities: •Develop and assist in the implementation of executive compensation design recommendations (including overall pay mix, short term incentives, long-term incentives, equity awards, executive benefit programs and perquisites) •Evaluate the impact of program design changes on employee value proposition, motivation and retention, alignment with Company strategy, financial cost and share usage •Coordinate and create materials for Compensation Committee Meetings, including supporting documentation •Participate in presentation of recommendations to Senior Management •Monitor, track and report on legislation, regulations and media articles pertaining to executive pay •Coordinate and prepare the Company’s annual proxy statement and other public filings •Assist Legal department in design reviews of Board of Directors compensation programs •Provide support to other team members on executive compensation related projects as needed •Research, collect, analyze, calculate, validate and report on various compensation metrics •Other tasks as assigned •Promote a risk-aware culture, ensure efficient and effective risk and compliance management practices by adhering to required standards and processes.
Required Skills: •Bachelor’s Degree preferably in Business, HR, Communications, Psychology, English, Law or other related field OR equivalent experience •8+ years of experience in Executive Compensation, Finance, Financial Services, HR, Consulting or Legal preferred •Proficient in Microsoft Office Programs including Word, Excel and PowerPoint •Ability to prioritize and handle multiple tasks with minimal supervision •Demonstrated integrity, discretion, accountability, and confidentiality •Understanding of Human Resources and/or Compensation practices •Experience contributing to projects under tight deadlines •Excellent oral and written communication skills •Excellent organizational skills •Extremely high level of attention to detail and data accuracy •Excellent interpersonal skills including ability to effectively interact with all levels of management and collaborate with cross-functional colleagues
Telecommuting is allowed.
About Discover Financial Services
We are Discover. As one of the most recognized brands in U.S. financial services, we create solutions that connect people to commerce in more rewarding ways.
Our lending products and payment services go far beyond consumer credit, to enable millions of merchants to run their businesses, to explore new markets, power fin-tech companies and most importantly—help people to build a brighter financial future.
The Discover Network provides card acceptance at millions of businesses and cash access locations. We operate the ATM debit network, PULSE; and Diners Club International has acceptance in more than 185 countries and territories.