Manager of Compensation and Equity

First National Bank Of Pennsylvania

United States

On-site

USD 90,000 - 130,000

Full time

8 days ago

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Job summary

First National Bank of Pennsylvania is seeking a Manager of Compensation and Equity to lead salary structures, incentive programs and job descriptions. You will mentor a team, partner with HR and business leaders, and guide compensation strategy across the organization.

The role emphasizes market benchmarking, regulatory compliance, and effective communication to ensure competitive pay practices and timely incentive payouts.

Qualifications

  • Excellent communication skills, both written and verbal.
  • Excellent customer service skills.
  • Excellent organizational, analytical and interpersonal skills.
  • Detail-oriented.
  • Ability to work and multi-task in a fast paced environment.
  • MS Word - Intermediate Level.
  • MS Excel - Expert Level.
  • MS PowerPoint - Intermediate Level.
  • Knowledge of basic compensation practices and principles and knowledge of Federal, State and Local laws governing compensation and classification.

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.

Skills

Communication
Customer service
Organization
Detail oriented
Multi-tasking
MS Word
MS Excel
MS PowerPoint
Compensation knowledge
Regulatory knowledge

Education

Certified Compensation Professional (CCP) preferred

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 Equity Business Unit: Human Resources Reports 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.
Skills Required
  • Excellent communication skills, both written and verbal
  • Excellent customer service skills
  • Excellent organizational, analytical and interpersonal skills
  • Detail-oriented
  • Ability to work and multi-task in a fast paced environment
  • MS Word - Intermediate Level
  • MS Excel - Expert Level
  • MS PowerPoint - Intermediate Level
  • Knowledge of basic compensation practices and principles and knowledge of Federal, State and Local laws governing compensation and classification
Licensures/Certifications Required
  • 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.

A culture of teamwork. A history of success. As a leading diversified financial services company, F.N.B. Corporation (FNB) offers a wide range of opportunities for individuals who want to grow their careers. The FNB team is a group of highly qualified professionals who work together to provide comprehensive financial solutions across our corporate footprint, which includes Pennsylvania, Ohio, Maryland, West Virginia, Virginia, North Carolina, and South Carolina. Our consistent recognition as a best place to work and top workplace by our own employees symbolizes the outstanding culture we represent.

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