EU Compensation Specialist

Job Description:Job Title: EU Compensation SpecialistCorporate Title: Vice PresidentLocation: Paris, FranceCompany 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 play a key role in delivering and maintaining compliant reward practices across the region. This includes ensuring alignment with EU regulatory requirements, overseeing France-specific profit-sharing arrangements, leading the identification of EU Material Risk Takers, and managing regulatory disclosures and submissions.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:Overseeing the management and administration of France profit sharing, ensuring alignment with regulatory and organisational objectivesSupporting the identification and governance of EU Material Risk Takers in line with evolving regulatory requirementsSupporting regulatory remuneration reporting and disclosures, ensuring accuracy, timeliness, and compliance with EU standardsSupporting the application of compensation structuring rules at year-end (including deferrals and variable-to-fixed remuneration ratios), incorporating robust audit and control frameworksEnsuring consistent and effective implementation of EU compensation regulations across practices and policiesPreparing and shaping materials for EU remuneration committees and boards to support informed decision-makingPartnering with stakeholders across EMEA and globally to drive compensation initiatives and support strategic projectsMaintaining and enhancing governance frameworks, controls, and documentation underpinning internal compliance assessmentsExperience / Competencies:Experience in compensation and profit-sharing within a large multinational financial services organisationDemonstrates intellectual curiosity, with a keen interest in compensation regulationsExceptional attention to detailExcellent analytical and problem-solving skillsAbility to take initiative, manage deliverables, and exercise sound judgmentAbility to work effectively both independently and as part of a geographically distributed teamWell-developed project management and organisational skillsAdvanced Excel skills, with the ability to manage large and complex datasetsPrior experience in the EU regulatory compensation landscape is preferredHighly effective communication skills; ability to translate complex concepts/data into clear, concise insightsProven ability to engage a wide range of stakeholders in a collaborative and results-oriented mannerCommercial acumenProficiency in Microsoft Office applications (Excel, PowerPoint, Word)Benefits of working at Bank of America (France):Competitive retirement plan in addition to State plansMandatory 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 providersLife and disability insuranceTime Savings Account ('CET') to save some of your leave days, cash them out or use them laterReimbursement of 50% of your commuter passNursery scheme for children under age 3Works council benefitsAccess to an Employee Assistance Programme for confidential support and help for everyday mattersOpportunity to give back to your community, develop new skills and work with new groups of people by volunteering with local charitiesOpportunity to receive free entry to arts exhibitions sponsored by Bank of America in ParisBank 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.