Total Rewards Analyst

Type:

Full Time Salaried Employee, Hybrid-3 Days a week in the office

Requirement ID:

Location:

York, NY, US

Apply To:

diane.katz@primesoftinc.com

/

diane.katz@primesoftinc.com

/

561-573-1581

Type:

Full Time Salaried Employee, Hybrid-3 Days a week in the office

Location:

York, NY, US

Requirement ID:

Setup:

Apply to:

diane.katz@primesoftinc.com

,

diane.katz@primesoftinc.com

,

561-573-1581

Apply Now

Purpose of Position

Our Client, A Financial Institution headquartered in New York City has retained our company to source a Total Rewards Analyst. In this role you will provide support for the Total Rewards function (Compensation, Benefits & Recognition) competitive compensation analysis, modeling, research of competitive compensation practices, and other analysis as needed. By joining their team, you’ll be joining a Bank that believes that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for us to grow as a company. They are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers.

Essential Job Functions

·      Participate in and analyze salary survey data to ensure current pay practices are market competitive and support pay equity  

·      Provide support for the annual compensation planning processes including salary structure update, merit increases, annual incentive and equity awards. Refine compensation processes, leveraging best practices and operational efficiencies.

·      Creates and supportdevelopment of compensation communication and training materials.

·      Develop reports,dashboards, and metrics to identify key trends and develop recommendations for improvements to compensation programs where appropriate.

·      Partner with HR business leaders and Talent Acquisition team to conduct job evaluations and market pricing on an on-going basis and consult regarding incumbent and new hire paydecisions. Evaluates positions using established evaluation systems, and approvesjob titles, levels and FLSA classifications.

·      Administration of Long-Term RSU and PSU awards for all employees & Directors.

·      Provides support for M&A-related compensation program transition.

·      Support administration of Executive Compensation programs. 

·      Administer Board ofDirector Pay. 

·      Ensures compliance withgovernment regulations.

·      Coordinate Annual Benefits Renewal Process and Open Enrollment. Support implementation of new Benefit plan vendors.

·      Participate in 401K Committee and Quarterly Meetings. Support administration and communication of plan changes. 

·      Coordinate annual 401KPlan Audit and Filing of 5500 documents.

·      Respond to ad hoc requestsfrom internal Audit, external auditors, SOX, Risk Team and other internal stakeholders.

·      Respond to ad hoc requestsfrom internal Audit, external auditors, SOX, Risk Team and other internal stakeholders.

·      Participates in risk review and audit process by preparing and presenting accurate documentation.

·      Participates in other projects as assigned.

Knowledge, Skills and Experience Requirements

Apply Now

·      Bachelor's degree in HR,Business Administration, Finance, or related field or equivalent experience.

·      3-5 years of experience in Compensation & Benefits

·      Professional HumanResources or Compensation certification a plus (SHRM-SCP, SHRM-CP, SPHR, PHR,CCP, CBP, etc.)

·      Working knowledge of industry-standard tools including survey platforms (Aon McLagan, Mercer, WillisTowers Watson, etc.) 

·      Excellent communicationskills to effectively communicate complex information.

·      Advanced problem-solving skills with the ability to think analytically, creatively and strategically.

·      Demonstrated ability to perform thorough, quantitative, and qualitative analyses using applicable technology tools.

·      Demonstrated ability to project manage cross-functional initiatives that deliver results, using collaboration and influencing skills.

·      In-depth knowledge of compensation principles, market trends, and regulatory requirements and ability to communicate those to key stakeholders.

·      Ability to perform in dependent in-depth analysis using Strong mathematical/quantitative reasoning skills.

·      Ability to maintain confidentiality and a professional demeanor in a dynamic work environment that often requires management of multiple priorities.

·      Excellent verbal, written,and interpersonal skills.

·      Strong PC skills (Excel,Word), PowerPoint) proficiency required.

 

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