The Compensation Manager will be responsible for managing the Bank’s total compensation program, including: salary administration, job classification and variable pay programs.

Job Description:

The Compensation Manager will perform all or some of the following Job description:

• Ensure competitive and equitable pay philosophy and programs that are in compliance with federal, state and industry regulations, as well as with Bank policies

• Direct an organized, systematic approach for tracking and evaluating total compensation impact on individual pay to support attraction and retention of qualified associates

• Regularly challenge and assess compensation methodology and delivery for continual improvement of process and effective pay management

• Develop and maintain internal relationships with business partners to ensure continuing knowledge of primary business drivers and the relative value of the compensation strategy to accomplish objectives

• Develop management reports regarding trends and internal activity to address competition, retention and internal equitability

• Research and develop holistic compensation solutions to meet the changing needs of the Bank aligned with the overall profitability objectives of the Bank.     

• Knowledge of point factor and market evaluation methodology
• Advanced computer applications, including MS Office suite, graphics, pivot tables
• Strong written and oral communication
• Demonstrated project management skills
• Thorough understanding of employment and compensation regulation
• Ability to effectively manage and motivate others to achieve desired results
• Ability to work with confidential information
• Ability to manage concurrent assignments and manage priorities
• Ability to work with minimal supervision
• Demonstrated sound judgment
• Ability to diplomatically manage differences of opinion
• Ability to build strategic relationships.