Marathon Petroleum Corporation

Senior Executive Compensation Advisor

LocationDenver, CO
Job TypeFull-time

About This Job


An exciting career awaits you

At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment.


Position Summary:

At MPC, we’re committed to being a great place to work – one that welcomes new ideas, encourages diverse perspectives, develops our people, and fosters a collaborative team environment.

The Senior Executive Compensation Advisor will have the responsibility of creating board materials, completing data requests related to external disclosures, implementing and communicating executive programs, coordinating with audit on various compensation programs, and assisting with new hire offers and retention programs.

The selected candidate will be expected to develop and maintain an effective level of business literacy with key stakeholders spanning multiple organizations and external agencies. The ability to build and foster relationships, influence, impact change, and a strong drive for results are critical for this position. Intentionally seeking a candidate that has a growth mindset and aspirations to develop in Total Rewards Leadership.


Key Responsibilities:

Assists with the creation of Compensation and Organization Development Committee materials for Board of Director meetings, including collaborating with the internal and external consultants. Coordinates and communicates funding approvals for corporate incentive programs.
Creates MPC Proxy and MPLX 10k content for required external disclosures. Maintains support and responds to Audit inquiries.
Keeps abreast of shareholder advisory firm policies and best practices in executive compensation.
Responsible for the development, modeling, project planning, implementation, communication and administration of incentive and executive compensation programs. Develops strong governance and maintains oversight of programs to ensure compliance with regulatory requirements and develop the necessary policies and processes.
Researches and responds to Leader inquiries related to Total Rewards programs.
Prepares and analyzes compensation information in response to requests and collaborates with key stakeholders in the planning process including external consultants, Accounting, Investor Relations, Tax, and Law.
Participates in external surveys; reviews and analyzes market data to evaluate program competitiveness and market positioning of jobs, relative to our compensation philosophy and principles. Proactively provides recommendations to improve the executive compensation programs and drive the development of continuous process improvements.
Collaborates on offers for candidates.


Education/Experience:

Bachelor's degree required. Major in Human Resources, Finance, Accounting, Law, or related field preferred.
Two (2) years of executive compensation experience required or six (6) years of relevant experience in Total Rewards, Accounting, Audit, Tax, Treasury, Payroll, Human Resources, or Benefits required.
Experience in developing and administering compensation strategies and programs is preferred.
Proficiency with W-desk (Workiva) is preferred.
Experience working with auditors.


Skills:

Demonstrated ability to build productive working relationships cross-functionally, with external stakeholders, and with executive leadership.
Ability to interact with personnel on significant matters often requiring coordination between organizations.
Excellent written, verbal, and presentation communication skills; ability to convey complex concepts.
Substantial negotiation, conflict resolution, and influencing skills.
Client service orientation; ability to manage internal and external confidential information with utmost discretion.
Strong analytical and problem-solving skills, with the ability to analyze complex data and develop solutions. Strong attention to detail and accuracy.
High level of initiative with the ability to balance competing priorities; works efficiently and with a sense of urgency.
Advanced Microsoft Office Suite skills (Word, PowerPoint and Excel).


Travel:

Required throughout the year as needed to meet with stakeholders.

As an energy industry leader, our career opportunities fuel personal and professional growth.


Location:


San Antonio, Texas


Job Requisition ID:


00016833


Pay Min/Max:


$104,300.00 - $179,800.00 Salary


Grade:


11 - 12


Location Address:


19100 Ridgewood Pkwy


Additional locations:


Denver, Colorado, Findlay, Ohio, Houston, Texas


Education:


Bachelors


Employee Group:


Full time


Employee Subgroup:


Regular

Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, reproductive health decision-making, age, mental or physical disability, medical condition or AIDS/HIV status, ancestry, national origin, genetic information, military, veteran status, marital status, citizenship or any other status protected by applicable federal, state, or local laws. If you would like more information about your EEO rights as an applicant, click here.

If you need a reasonable accommodation for any part of the application process at Marathon Petroleum LP, please contact our Human Resources Department at talentacquisition@marathonpetroleum.com. Please specify the reasonable accommodation you are requesting, along with the job posting number in which you may be interested. A Human Resources representative will review your request and contact you to discuss a reasonable accommodation. Marathon Petroleum offers a total rewards program which includes, but is not limited to, access to health, vision, and dental insurance, paid time off, 401k matching program, paid parental leave, and educational reimbursement. Detailed benefit information is available at mympcbenefits.com. The hired candidate will also be eligible for a discretionary company-sponsored annual bonus program.


Equal Opportunity Employer: Veteran / Disability

We will consider all qualified Applicants for employment, including those with arrest or conviction records, in a manner consistent with the requirements of applicable state and local laws. In reviewing criminal history in connection with a conditional offer of employment, Marathon will consider the key responsibilities of the role.

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