Senior Compensation Analyst

Federal Reserve Bank of Dallas; Dallas (TX); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

Healthcare options

401K match

Paid vacation

Flexible work environment

Public transportation subsidy

Free parking

Tuition reimbursement

Professional development

Job summary

The Federal Reserve Bank of Dallas is seeking a Senior Compensation Analyst to provide expert salary analysis for non-official and official staff, lead market pricing and salary planning efforts, and collaborate on compensation policy guidance. The role involves data-driven decision making, dashboards, and cross-team consultation.

Ideal candidates bring 5+ years of experience with Excel, R or Tableau, strong mathematical skills, and proven ability to advise management while maintaining

Qualifications

• Bachelor's degree in HR, Business or related field.
• Minimum experience 5+ years 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.
• Above average math skills and experience using tools to conduct data analysis.
• Excellent time management, multitasking, and project oversight.
• Excellent written, verbal and listening skills to effectively communicate with staff at all organizational levels.
• Ability to build and manage client relationships and negotiate solutions.
• Ability to counsel and assist management and/or employees and interpret Bank policy.

Responsibilities

• Serve as the subject matter expert and consult with HR Business Partners and business areas to lead analysis and evaluation of jobs to determine market value, salary range, FLSA classification, and workers compensation classification.
• Collaborate with business intelligence team to conduct analysis, compile, analyze and summarize data to create reports, dashboards and/or recommendations.
• Lead annual salary planning, equity and variable pay processes for non-official staff; manage budgets for each process.
• Lead annual salary structure analysis.
• Participate in maintenance of market pricing tool including data loading, linking market data to Bank jobs, and managing survey budget and contracts.
• Participate in annual salary planning, equity and variable pay processes for official staff.

Skills

Data analysis

Market pricing

HCM platforms

Excel

Communication

Education

Bachelor's degree in HR/Business

Tools

MS Excel

R

Tableau

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: . 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:

Our total rewards program offers benefits that are the best fit for you at every stage of your career:

• 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.

Our description remains subject to updates and verification via official Federal Reserve System Careers channels.