Senior Compensation Analyst

Federal Reserve Bank of New York; Dallas (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Comprehensive healthcare options

401K match and funded pension

Tuition reimbursement

Professional development programs

Flexible work environment

Transit subsidy and parking

Job summary

Federal Reserve Bank of Dallas seeks a Senior Compensation Analyst to lead salary planning, equity and variable pay processes for staff. You will assess market value, ranges, and policy guidance, collaborating with HR partners and business areas.

You will also analyze data to prepare reports and dashboards and manage budgets for compensation programs. The role emphasizes strong Excel/R/Tableau skills, analytical thinking, and the ability to influence compensation decisions across the

Qualifications

• Bachelor's degree in HR, Business or related field.
• 5+ years of academic/professional experience performing related duties.
• Proficiency with MS Excel, R, Tableau.
• Experience with market pricing tools and HCM platforms.
• Strong math and data analysis skills.
• Excellent communication and writing abilities.
• Ability to consult with management and staff on compensation.
• Knowledge of workers' compensation and DOL regulations.

Responsibilities

• Lead salary planning and equity/variable pay processes for non-official staff.
• Lead salary structure analysis and annual salary planning.
• Coordinate with HR partners to determine market value and salary ranges.
• Provide guidance on compensation policies and analytics for reports and dashboards.

Skills

MS Excel

R

Tableau

Data analysis

Market pricing tools

HCM platforms

Communication skills

Client relationships

Project oversight

Mathematical ability

Negotiation

Education

Bachelor's degree in HR/Business or related field

Tools

Market pricing tools

HCM platforms

Job description

Company Federal Reserve Bank of Dallas We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all.

These efforts take a team of dedicated individuals doing many different jobs. Together we're creating a workplace where Aptos talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: #LI-Onsite. If you need assistance or a reasonable accommodation, please notify your Talent Acquisition Consultant.

The Senior Compensation Analyst provides consultation to HR business partners and management as the subject matter expert on employee salary actions including merit pay, equity adjustments, promotions and cash and incentive awards. Leads the salary planning, equity, variable pay, and structure movement processes for non-official staff. Participates in salary planning, equity, variable pay and structure movement process for official staff. Serve as the subject matter expert and consult with HR Business Partners and business areas to lead analysis and evaluation of jobs, in order to determine market value; salary range; FLSA classification, and workers compensation classification. Additionally, you will provide salary administration guidance and compensation policy guidance. Collaborate with business intelligence team to conduct analysis as requested which includes, but is not limited to compiling, analyzing and summarizing data to create reports, dashboards and/or make or recommendations. Lead annual salary planning, equity and variable pay processes for non-official staff; includes maintenance of budgets associated with each process. Lead annual salary structure analysis. Participate in maintenance of market pricing tool which includes, formatting/loading salary survey data, linking market data to Bank jobs, and maintaining local system parameters (trend amount, data views); may participate in second year matching and survey match maintenance; and responsible for management of survey budget and contracts. Participate in annual salary planning, equity and variable pay processes for official staff.

You Have:

• Required Bachelor`s degree in HR, Business or related field.
• Minimum experience 5+ years academic/professional experience performing related duties and analysis using tools such as MS Excel, R, or Tableau.
• Skilled using technology tools and digital platforms including market pricing tools and Human Capital Management (HCM) platforms.
• Skilled using Microsoft Office suite, specifically MS Excel, experience required.
• Above average math skills and experience using tools to conduct data analysis.
• Excellent time management skills including multi-tasking, managing deadlines and providing project oversight.
• Excellent written, verbal and listening skills to effectively communicate with staff at all organizational levels.
• Ability to build and manage client relationships, provide effective consultation, and negotiate win-win solutions.
• Ability to counsel and assist management and/or employees as well as interpretation of Bank policy and procedures.
• Ability to resolve complex problems and recommend solutions which are in the best interest of the organization.
• Ability to maintain trust and integrity when working with confidential situations and information.
• Ability to maintain composure under pressure.
• Knowledge in identifying prospective compensation strategies and market trends using market research.
• Knowledge of Workers Compensation regulations and Department of Labor regulations.
• Preferred CCP (Certified Compensation Professional).
• Change management experience.

Our Benefits:

• Comprehensive healthcare options (Medical, Dental, and Vision) 401K match, and a fully funded pension plan Paid vacation, holidays, and volunteer hours
• flexible work environment
• Generously subsidized public transportation and free parking
• Annual tuition reimbursement
• Professional development programs, training and conferences
• And more...

Notes:

This position may be filled at various levels based on candidate's qualifications as determined by the department. Applicants must be eligible to work in the U.S and the role is not available for sponsorship. The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer and is committed to ensuring equal employment opportunity to all applicants. If you need assistance or an accommodation due to a disability, please notify your Talent Acquisition Consultant.

Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Human Resources Family Group Work Shift First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Privacy Notice

OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States- one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.

OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.

Why Our People Choose Us:

Our reputation precedes us There will always be room for personal growth Our people are first You'll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague.

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