Mikel Solberg

Principal Compensation Business Partner | Compensation Leader

Role
Principal Compensation Business Partner at First Citizens Bank
Location
Charlotte, NC, US
LinkedIn followers
500 followers

About Mikel Solberg

First Citizens Bank Principal Compensation partner leading compensation design and strategy for the Commercial and Operations businesses with an MBA from the University of Notre Dame.

Experience

  1. Principal Compensation Business Partner

    First Citizens Bank

    Mar 2022 — Present · Charlotte, NC, US

    Manage the compensation process, incentive plan design, and strategy for the Commercial and Bank Operations businesses at First Citizens Bank- Manage incentive plan design, strategy and governance processes- Consult with LOB and Executive leadership regarding compensation design and strategy- Market assessment- Role pricing- Role evaluation and job code creation- FLSA job review- Executive pay and offers- Review emerging compensation trends and litigation- Manage job and compensation review related to the successful CIT and Silicon Valley bank mergers and acquisitions- Manage Year-End compensation process

Education

  • University of Notre Dame

    MBA, Corporate Finance and Investments

    2011 — 2013

  • Lincoln Land Community College

    Associate's degree of Science with an emphasis in Math, Science and Math

    2003 — 2005

  • University of Illinois Urbana-Champaign

    Bachelor of Arts (B.A.), Spanish, Italian and Economics

    2005 — 2008

Skills

  • Finance
  • Financial Analysis
  • Insurance
  • Management
  • Strategy
  • Spanish
  • Banking
  • Corporate Finance
  • Analysis
  • Financial Reporting
  • Italian
  • Credit Analysis
  • Investments
  • Business Forecasting and Data Mining
  • Microsoft Excel
  • Sql
  • Powerpoint
  • Visio
  • Quality Control

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Mikel Solberg — Principal Compensation Business Partner at First Citizens Bank in Charlotte, NC, US | Unifers