Manager - Compensation and Benefits

Texas Dow Employees Credit Union; Houston (TX); Hybrid; USD 130,000 - 170,000; Full time

Job summary

Texas Dow Employees Credit Union seeks a Manager of Compensation and Benefits to lead the total rewards strategy, overseeing compensation, benefits, wellness, and recognition programs. The role drives pay equity, market competitiveness, and engagement while partnering with CHCO and leaders.

The position manages merit and bonus cycles, governance of job architecture and incentive programs, and changes in M&A.

Qualifications

• Bachelor’s degree in Finance, HR, Business, or related field required.
• 5+ years of increasingly progressive experience in Total Rewards (compensation and benefits) required.
• Workday Compensation experience required.

Responsibilities

• Oversee compensation, benefits, wellness, and recognition programs.
• Lead annual merit, bonus, and benefits cycles.
• Manage compensation data and structures in Workday, partnering with HRIS.
• Analyze total rewards program performance and provide actionable insights.

Skills

Data analysis

Excel

Communication

Confidentiality

Stakeholder influence

Education

Bachelor’s degree in Finance, HR, Business, or related field

Tools

Workday

Job description

Position Summary

The Manager of Compensation and Benefits plays a key leadership role in executing TDECU’s total rewards strategy. As a trusted advisor, this role manages the operations of compensation, benefits, wellness, and recognition programs that support organizational goals, attract and retain top talent, and ensure pay equity and market competitiveness. This leader blends strategic insight with hands-on program management to drive value across the organization.

Essential Duties And Responsibilities

Strategy & Program Design

• Implementation and day-to-day operations oversight of compensation, benefits, wellness, and recognition programs aligned to business and talent strategies.
• Operationalize a forward-looking roadmap for total rewards programs.
• Maintain job architecture, pay structures, and incentive programs to support growth and performance.
• Administer the employee recognition platform and lead wellness program events to promote employee health and well-being and increase engagement.

Analytics & Compliance

• Conduct market analysis and benchmarking to maintain internal equity and external competitiveness.
• Collaborate with leaders to design job structures that align with internal job architecture, enable growth and development, and ensure market competitiveness.
• Monitor trends, regulations, and risks related to pay and benefits, ensuring compliance with federal, state, or local laws and regulations.
• Track and analyze total rewards programs performance and provide actionable insights through data and dashboards to support decision-making.

Advisory & Collaboration

• Advise the CHCO, HR Business Partners, and leaders on pay and benefits program design and decisions.
• Educate leaders on compensation philosophy and practices, and the value and benefits delivered through all total rewards programs.
• Support workforce planning, recruiting, and retention through tailored compensation strategies.

Operations & Systems

• Manage annual merit, bonus, and benefits cycles.
• Oversee compensation data and structures in Workday, partnering with HRIS.
• Lead survey participation, job evaluations, and program administration, using survey data systems for efficiency.
• Manage the recognition platform activities and ensure the program is funded timely and appropriately.

M&A and Change Management

• Support integration of compensation and benefits in M&A or restructuring initiatives, ensuring compliance across various geographies.
• Conduct due diligence and lead total rewards harmonization efforts.

Vendor Management

• Facilitate total rewards vendor selection. Evaluate vendor services, rates, terms and conditions, and guide the decision-making process.
• Manage vendor relationships and monitor vendor performance by reviewing data, conducting audits, and collecting employee feedback.

# of Direct Reports

2

Minimum Qualifications

• Bachelor’s degree in Finance, HR, Business, or related field required.

Experience

• 5+ years of increasingly progressive experience in Total Rewards (compensation and benefits) required.
• Prior experience in compensation analysis required.
• Workday Compensation experience required.
• Previous leadership experience required.
• M&A experience preferred.

Knowledge, Skills, And Abilities

• Deep knowledge of compensation and benefits best practices and regulations.
• Strong data analysis and Excel skills.
• Effective communicator with ability to influence across levels.
• High integrity, confidentiality, and attention to detail.
• Agile and adaptable in a fast-paced environment.
• Conducting studies and preparing sound recommendations.
• Analyzing and interpreting policies, practices, and procedures.
• Excel for analysis of data and utilizing computer technology used for communication, data gathering and reporting.
• Conducting research, analyzing information/data, and presenting findings in a concise format.
• Effectively communicate both in writing and verbally.
• Handle sensitive and confidential matters and situations.
• Understand and follow broad and complex instructions.
• Maintaining confidentiality.

Physical Demands And Work Environment

(The physical demands and work environment characteristics described herein are representative of those that must be met by an employee to successfully perform essential functions of this position and/or may be encountered while performing essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.)

• While performing the essential duties of this position, an employee would frequently be required to stand, walk, and sit.
• Specific vision abilities required by this position include close vision, distance vision, and the ability to adjust focus.
• The noise level in the work environment is usually moderate.
• Work Arrangement: Hybrid General- Three days per week of onsite work is required. More or less may be required depending on business need.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

Texas Dow Employees Credit Union is an equal opportunity employer, dedicated to a policy of non-discrimination in employment on any basis including race, color, age, protected veteran status, sex, religion, disability, genetic information, national origin or other status protected by federal, state or local law. Consistent with the American Disabilities Act, applicants may request accommodations needed to participate in the application process.