Executive Compensation Partner

Hunt; Lancaster (Lancaster County); Hybrid; USD 101,900 - 169,800; Full time

Benefits offered by this job

Medical plans with prescription coverage

401(k) program with employer match

Paid time off programs

Job summary

Hunt is seeking an Executive Compensation Partner in Lancaster, PA, for a full-time hybrid position. Responsibilities include managing executive compensation programs, conducting market analyses, and preparing presentations for HR Committees. The ideal candidate will have 7+ years of compensation experience and strong skills in data analytics and project management. A Bachelor's degree in Business or HR is required. This role offers a salary range of $101,900 to $169,800 annually, along with various benefits including medical plans and a 401(k) program.

Qualifications

• 7+ years in compensation field with expertise in job evaluations.
• 5+ years in executive compensation with proxy CD&A tables experience.
• Strong public company experience.

Responsibilities

• Manage development of executive compensation programs.
• Conduct competitive market analyses and advise on job offers.
• Collaborate on compensation planning and present HR Committee materials.

Skills

Data analytics

Project management

Communication skills

Executive presentation skills

Digital acumen

Education

Bachelor's Degree in Business or Human Resources

Tools

Workday

Job description

Value Proposition

Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

Overview

This is a full-time hybrid opportunity, requiring 2-3 days a week in office at Fulton's headquarters in Lancaster, PA.

The Executive Compensation Partner provides oversight of the executive compensation programs, processes and projects. Scope includes creation and presentation of HR Committee and Board materials, proxy preparation, equity program management, and similar executive level items. The incumbent in this role collaborates closely with HR leaders and compensation teammates on pay for performance based programs and incentive programs, and advancing the HR-Total Rewards strategy for Fulton.

Responsibilities

• Assists in the management, development, and implementation of executive compensation programs and processes in alignment with Total Rewards priorities and in support of business. Leads the Executive Compensation priorities with other HR colleagues in proposing improvements to compensation programs and administrative processes in support of the company’s Total Rewards strategy, pay philosophy, and culture.
• Supports and consults internal business group clients on compensation related matters. Client support responsibilities include conducting competitive market analyses, internal equity reviews, advising on job design, conducting job evaluations and FLSA determinations, and advising on job offers. May consult with legal and/or outside consultants.
• Acts as key contact for Directors of the Board for all HR related questions including onboarding, offboarding and compensation. Meets regularly with executives and serves as main point of contact for their compensation programs and perquisites.
• Assist in the evaluation, development, and administration of incentive programs, including production and commission plans.
• Participates in the Total Rewards workstream for M&A deals, including due diligence reviews, analyses of target company executive programs and perqs, Change in Control agreements, and integration planning and execution.
• In collaboration with Compensation team, responsible for ensuring compensation program information, incentive program summaries, policies and procedures are current, up to date and delivered in a timely manner. Participates in the annual compensation planning process as it relates to executive compensation programs or practices.
• Responsible for executive compensation processes including pay analyses and stock award valuation modeling. Prepares and presents HR Committee meeting materials. Assists with the preparation of Proxy CD&A tables.
• Assists with compensation audits conducted by Internal Audit by reviewing and recommending updates to Internal Controls, ensuring procedures and narratives are documented and up to date, and responding to auditor requests. Ensures Vendor Risk Management requests for 3rd party vendors are completed as applicable.
• Participates on cross-departmental teams and communicates with members of staff at all levels. As needed, works with HRIS, Benefits, HR Business Partners, Talent Acquisition, L&D and ESG, providing guidance from a compensation perspective. Supports an environment of continuous improvement, collaboration, and partnership.

Qualifications

Required Education

Bachelor's Degree or the equivalent experience. Specialty: Business, Human Resources or related field.

Required Experience

• 7 or more years compensation field including market pricing/benchmarking, job evaluations, incentive plan design and project management.
• 5 or more years executive compensation including preparation of the proxy CD&A tables and stock plan administration.
• Public company experience

Required Knowledge, Skills, and Abilities

• Excellent verbal and written communication skills, and executive presentation skills
• Excels in data analytics
• Project management skills
• Digital acumen; leveraging technology and applications to automate/streamline compensation and Total Rewards processes

Preferred Experience

• Compensation experience within the banking or financial services industry
• Prior experience supporting compensation processes in Workday

Preferred Certifications

Certified Executive Compensation Professional, Certified Compensation Professional, or SHRM-CP.

Other Duties as Assigned by Manager

This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures and ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

Pay Transparency

To provide greater transparency to candidates, we share base salary ranges on all job postings regardless of state. We set standard salary ranges for our roles based on the position, function, and responsibilities, as benchmarked against similarly sized companies in our industry. Specific compensation offered will be determined based on a combination of factors including the candidate’s knowledge, skills, depth of work experience, and relevant licenses/credentials. The salary range may vary based on geographic location.

The salary range for this position is $101,900.00 - $169,800.00 annually.

Additional Compensation Components

This job is eligible to receive equity in the form of restricted stock units. This job is eligible to participate in a short-term incentive compensation plan subject to individual and company performance.

Benefits

Additionally, as part of our Total Rewards program, Fulton Bank offers a comprehensive benefits package to those who qualify. This includes medical plans with prescription drug coverage; flexible spending account or health savings account depending on the medical plan chosen; dental and vision insurance; life insurance; 401(k) program with employer match and Employee Stock Purchase Plan; paid time off programs including holiday pay and paid volunteer time; disability insurance coverage and maternity and parental leave; adoption assistance; educational assistance and a robust wellness program with financial incentives. To learn more about your potential eligibility for these programs, please visit Benefits & Wellness | Fulton Bank.

EEO Statement

Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

Sponsorship Statement

As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.