This position plays a key role in the management of Discover’s 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
• Bachelor’s Degree preferably in Business, HR, Communications, Psychology, English, Law or other related field • 8-12 years in financial services, HR, consulting or legal preferred •Knowledge of executive compensation programs & practices, and understanding of executive compensation laws and regulations • 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