Compensation Analyst - Fair Lawn, NJ

Columbia Bank

Fair Lawn (NJ)

Hybrid

USD 90,000 - 110,000

Full time

14 days+
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Benefits offered by this job

Medical, Dental, Vision and Rx
Bonus programs
Employee Stock Option Program (ESOP)
Life Insurance
Long Term Disability
PTO including Personal and Vacation
Paid Sick Time
Bank Holidays
401k program

Job summary

Columbia Bank is seeking a Compensation Analyst to support the administration of the bank's compensation programs and maintain the job data catalog in Fair Lawn, NJ. The role involves salary benchmarking, data reporting, and collaboration with HR, executives, and board committees.

You will develop salary structures, participate in annual surveys, and assist with equity awards, audits, and regulatory exams. Strong analytical skills and ADP experience are essential.

Qualifications

  • Bachelor's degree required.
  • Minimum 2 years of compensation analysis experience.
  • Experience in Human Resources.
  • Experience with job evaluations and salary benchmarking.
  • Experience with ADP is required.

Responsibilities

  • Develop and maintain a bank-wide salary analysis to ensure proper internal/external equity.
  • Complete and submit data collection for annual compensation surveys.
  • Support the development of salary structures, pay grades, and compensation guidelines.
  • Support all compensation processes including merit increases, bonuses, and salary adjustments.
  • Assist with the administration, delivery, and communication of equity awards.

Skills

Analytical skills
Quantitative skills
Communication skills
Project management
Regulatory knowledge
Attention to detail
Excel proficiency

Education

Bachelor's degree
Certified Compensation Professional (CCP) or related certification

Tools

ADP
Excel
PowerPoint
Visio
Word

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Compensation Analyst - Fair Lawn, NJ

Regular Full-Time Professional Corporate Headquarters, Fair Lawn, NJ, US 1 Attachments

3 days ago Requisition ID: 2795

Salary Range: $90,000.00 To $110,000.00 Annually

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.

Compensation Administration
  • Develop and maintain (at a regular cadence) a bank-wide salary analysis to ensure proper internal and external equity.
  • Complete and submit data collection for annual compensation surveys.
  • Support the development of salary structures, pay grades, and compensation guidelines.
  • Support all compensation processes including merit increases, bonuses, and salary adjustments.
  • Assist with the administration, delivery, and communication of equity awards.
Job Data Program
  • Maintain the job data catalog ensuring job description and organizational data is up to date.
  • Analyze job descriptions and perform job evaluations (salary benchmarking) to determine appropriate salary grades.
  • Compare jobs to assess grading and leveling within departments across the Bank.
  • Partner with Business Leaders to conduct job evaluations and organizational development.
  • Partner with HRBPs and Talent Acquisition to align pay administration and job evaluation processes with ongoing efforts.
Data Analysis and Reporting
  • Prepare various reports and analyses to support the compensation, incentive, and performance appraisal programs of the Bank. This may include budget projections and modeling relative to base salaries, bonus programs, merit increases, etc.
  • Analyze compensation data to identify trends, discrepancies, and opportunities for development.
  • Compile data for AAP on an annual basis and prepare reports for submission to Senior Management.
  • Utilize data visualization tools to present findings.
HR Compliance
  • Participate in internal and external audits, regulatory exams, evaluations and compliance reviews related to HR data and processes.
  • Maintain documentation and audit trails for compensation decisions and processes.
  • Assist in the development and communication of compensation policies and procedures.
Stakeholder Support and Communication
  • Collaborate with HRBPs, Talent Acquisition, and other stakeholders to provide compensation guidance.
  • Provide training and support on compensation-related topics.
  • Performs other job-related duties as assigned.
Required Qualifications
  • Bachelor's degree required.
  • Minimum 2 years’ experience in compensation analysis.
  • Experience in Human Resources.
  • Experience with conducting job evaluations and salary benchmarking.
  • Experience with ADP is required
Preferred Qualifications
  • Familiarity with compensation survey data collection.
  • Certified Compensation Professional (CCP) or other related certification.
Core Competencies/Skills
  • Strong analytical and quantitative skills, with proficiency in Excel.
  • Excellent written and verbal communication skills.
  • Project management skills.
  • Organizational and time management skills with ability to shift priorities.
  • High attention to detail and ability to manage confidential information.
  • Knowledge of federal, state, and local compensation-related regulations.
  • Skilled in PowerPoint, Visio and Word.
Columbia Bank offers the following benefits
  • Medical, Dental, Vision and Rx which are contributory.
  • Bonus programs.
  • Employee Stock Option Program (ESOP).
  • Life Insurance, Long Term Disability and Accidental Death and Dismemberment (LTD&AD&D).
  • Paid Time Off (PTO) which includes Personal and Vacation Time.
  • Paid Sick Time.
  • Bank Holidays.
  • Employees may participate in the 401k program.
Schedule

Hybrid; 3 days in the office and 2 days work from home based on business need.This arrangement may change without notice.

Attachments (1)

Columbia Bank 2026 Benefits Guide FINAL 01.01.2026.pdf

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