Manager Compensation

at  BECU

As the nation’s largest community credit union, we begin every day focused on delivering superior financial products and services for our 1.3 million members and more than $30 billion in managed assets. Our work has an economic impact as we support our members’ financial goals. We are unapologetic about being devoted to our members and the communities we serve. Our business is guided by our people helping people philosophy – which includes our team members.
BECU has been in business for more than 85 years, driven by unwavering core values and a dedication to improving the communities we serve. While we have a rich history, the future of our company, accelerated by business and technology transformation, is even brighter. There’s never been a better time to work for BECU.
To learn more visit becu.org/careers.

QUALIFICATIONS:

Minimum Qualifications:

• Bachelor’s degree in business or human resources or equivalent work or educational experience.
• Typically requires 4 years of relevant experience and 1 year of management experience.
• Experience working with broad base compensation programs with application of conceptual, analytical, and problem-solving skills.
• Advanced spreadsheet and database/reporting skills.

Desired Qualifications:

• Advanced degree preferred.
• Experience with Workday.
• Certification in CCP preferred.
• Variable and/or executive compensation experience.
• Experience leading project teams.
• Excellent verbal and written skills required to effectively communicate and provide customer service.

• Manage Base Pay Programs: Oversee the Credit Union’s overall base pay compensation programs including merit cycle, leading modeling, analyses and recommending changes to salary structures and grades to ensure fairness and competitiveness.
• Manage Annual Incentive Programs: Lead administration of annual incentive programs for employees and leaders, serving as the primary contact for inquiries related to program administration and policies.
• Advise Business Leaders: Partner with business leaders to provide guidance on compensation issues, crafting solutions that align business goals with compensation strategies, and reviewing complex compensation cases.
• Job Design and Evaluation: Manage job design and evaluation processes, ensuring job descriptions, leveling, and titling meet current needs while revising processes as necessary to stay relevant.
• Manage Salary Surveys: Oversee the external compensation market survey strategy, ensuring timely completion and evaluation of survey data to keep BECU competitive in the marketplace.
• Participate in Performance Management: Engage in cross-functional performance management processes, contributing to system development that enhances employee performance evaluations.
• Provide Coaching and Mentoring: Offer ongoing coaching and training to foster employee growth, conducting regular performance evaluations using established competencies.
• Ensure Compliance: Maintain a comprehensive understanding of federal, state, and local compensation laws, ensuring all practices meet legal requirements and industry standards.
• Stay Informed on Trends: Keep up-to-date with compensation developments and trends, recommending adjustments to compensation programs as needed to stay competitive.
• Perform Additional Duties: Take on new challenges and responsibilities as assigned, contributing to the team’s overall effectiveness.
  This isn’t just about ticking off tasks on a list. It’s about making a significant, positive change in BECU’s journey, where your contributions are valued, and your growth is continually fostered.