Summary: The Compensation Analyst is responsible for supporting the administration of the Bank’s compensation programs. Administers and maintains the job data program including the review and evaluation of job descriptions, including salary benchmarking and scoping. Prepares various monthly and ad-hoc reports for the HR Department, Executive Management and Board of Directors. Participates in internal and external audits as well as regulatory exams. Collaborates cross-functionally to support the HR Department and appropriate bank-wide programs.

JOB DATA PROGRAM

• Maintain the job data catalog and PayScale/Payfactors platform ensuring job description and organizational data is up to date;
• Analyze job descriptions and perform job evaluations (salary scoping) to determine appropriate salary grades;
• Compare jobs to assess grading and leveling within departments across the Bank;
• Partner with HRBPs and Talent Acquisition to align pay administration and job evaluation processes with ongoing efforts.

Please refer the Job description for details