Manager of Compensation and Equity

First National Bank Of Pennsylvania; Pittsburgh (Allegheny County); On-site; USD 110,000 - 150,000; Full time

Job summary

First National Bank Of Pennsylvania is seeking a Manager of Compensation and Equity to lead the design, administration and governance of our compensation programs, including base pay structures, merit processes, short and long-term incentives, and equity plans. The role partners with HR and business leaders to ensure market competitiveness and regulatory compliance.

The position oversees a team, drives job description processes, and collaborates on risk assessments and plan administration, with

Qualifications

• Excellent communication skills, written and verbal.
• Excellent customer service skills.
• Excellent organizational, analytical and interpersonal skills.
• Detail-oriented.
• Knowledge of Federal, State and Local laws governing compensation and classification.

Responsibilities

• Implements, administers and supports the execution of compensation programs including base pay, incentive and/or commission plans.
• Aligns internal roles with market data using surveys to recommend pay structures and salary ranges.
• Prepares and revises job descriptions with managers and HR partners; audits descriptions.
• Administers long-term incentive plans; manages equity transactions and vesting, tax related to RSUs.
• Collaborates with Legal, Finance and HR on compliance, budgeting and risk assessments.

Skills

Communication skills

Customer service

Organizational skills

Analytical skills

Interpersonal skills

Detail-oriented

Multi-tasking

MS Word

MS Excel

MS PowerPoint

Compensation knowledge

Education

BA or BS

Tools

MS Word

MS Excel

MS PowerPoint

Job description

Primary Office Location:

626 Washington Place. Pittsburgh, Pennsylvania. 15219.

Join our team. Make a difference - for us and for your future.

Position Title: Manager of Compensation and EquityBusiness Unit: Human ResourcesReports to: Executive Compensation Director

Position Overview:

This position is primarily responsible for managing and administrative support on all aspects of our compensation programs to include salary & job structures, annual merit planning, short and long-term incentive programs, and job descriptions. Partners with line of business leaders and internal HR colleagues to provide guidance on all compensation related matters aligning with our corporate philosophy and manages a team that executes on those strategies. Participates on and/or manages various special projects.

Primary Responsibilities:

Implements, administers and supports the execution of various compensation programs designed by the lines of business and Corporate Human Resources Department to support organization objectives including base pay, incentive and/or commission plans.Aligns internal roles with market data using surveys to recommend pay structures, salary ranges, and total compensation. Reviews practices to ensure internal equity. Participates in surveys to support competitive positioning. Maintains salary structures aligned with market benchmarks to ensure competitiveness.Prepares and revises job descriptions by working closely with managers and Human Resources partners to determine appropriate job functions for each position. Executes job description audit process.Keeps current on trends within the market regarding compensation issues and legislative or regulatory environment. Thoroughly analyzes compensation data and recommends changes as appropriate to establish and maintain competitiveness. Educates management as needed on FLSA compliance.Collaborates with teams (Legal, Finance, HR, etc.) on compliance, budgeting, taxation, and senior-level offers. Supports employees by handling inquiries and communications. Assists with annual risk assessments of incentive plans in partnership with the Chief Risk Officer and Compensation Accounting Manager.Calculates annual payouts under incentive compensation plans. Ensures payouts are calculated accurately, timely and in accordance with plan documents. Analyzes payouts and escalates unusual results or trends to the attention of management.Administers FNB's Long-term Incentive plans, ensuring all equity transactions are properly approved and accurately processed. administration includes, but is not limited to, managing data integrity of the plans and participant accounts, monitoring equity grants, grant acceptance, vesting, forfeitures, applicable tax administration related to RSUs, etc.Performs other related duties and projects as assigned.

All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program. F.N.B. Corporation is committed to achieving superior levels of compliance by adhering to regulatory laws and guidelines. Compliance with regulatory laws and company procedures is a required component of all position descriptions.

Minimum Level of Education Required to Perform the Primary Responsibilities of this Position:BA or BS

Minimum # of Years of Job Related Experience Required to Perform the Primary Responsibilities of this Position:5

Skills Required to Perform the Primary Responsibilities of this Position:Excellent communication skills, both written and verbalExcellent customer service skillsExcellent organizational, analytical and interpersonal skillsDetail-orientedAbility to work and multi-task in a fast paced environmentMS Word - Intermediate LevelMS Excel - Expert LevelMS PowerPoint - Intermediate LevelKnowledge of basic compensation practices and principles and knowledge of Federal, State and Local laws governing compensation and classification

Licensures/Certifications Required to Perform the Primary Responsibilities of this Position:Certified Compensation Professional (CCP) preferred

Physical Requirements or Work Conditions Beyond Traditional Office Work:N/A

Equal Employment Opportunity (EEO):

It is the policy of F.N.B. Corporation (FNB) and its affiliates not to discriminate against any employee or applicant for employment because of age, race, color, religion, sex, national origin, disability, veteran status or any other category protected by law. It is also the policy of FNB and its affiliates to employ and advance in employment all persons regardless of their status as individuals with disabilities or veterans, and to base all employment decisions only on valid job requirements. FNB provides all applicants and employees a discrimination and harassment free workplace.

FNB will not provide sponsorship for employment-based visas for this position; only candidates who are legally authorized to work in the U.S. will be considered.