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Federal Reserve Bank of San Francisco · 3 months ago

Sr. Compensation Analyst

Atlanta, GA

Full-time

Hybrid

Senior Level

5+ years exp

Federal Reserve Bank of Atlanta is committed to promoting the stability and efficiency of the U.S. economy. They are seeking a Senior Compensation Analyst to collect, analyze, and maintain compensation data, ensuring the Bank can attract and retain high-quality employees while managing salary administration and variable pay processes.

BankingFinanceFinancial Services

Responsibilities

Review local, regional, and national compensation data and practices to ensure the Bank's policies and programs are consistent with its compensation philosophy and comparable market data. Develop market-based salary ranges and structure movement recommendations for Management Committee approval. Oversee salary survey processes, load survey data into market-pricing system, maintain accurate survey and market match data in the system, and ensure approval of invoices for payment

Manage the Bank's common merit date program. Analyze merit and other increase data, provide feedback to department management

Conduct data analysis and market pricing reviews. Perform internal equity reviews and consultation for salary offers/promotional increases/merit and variable pay budgets. Work with department management to evaluate and price new and revised jobs

Administer the Bank's variable pay program. Determine the Bank's variable pay allocation by division/department and track payment of awards

Present essential information to Bank management team, Board of Governors and Board of Directors

Ensure compensation programs comply with regulatory requirements by providing analytical support and research assistance, conducting management audits, and ongoing monitoring of program use

Leads complex compensation projects working with senior management, department management, HR business areas, and others. Provides leadership, coaching, mentoring, work direction, support and training to less experienced compensation staff

Qualification

Compensation KnowledgeAnalytical SkillsAdvanced ExcelWorkday HCMCompensation SystemsCCP Certification

Required

Bachelor's Degree or 4 years equivalent experience

5+ years of progressive experience in Compensation

HR/Compensation Knowledge

Solid Analytical Skills

Advanced Knowledge of Excel (can perform complex functions)

Workday or other HCM

Intermediate to Advanced Knowledge of Compensation Systems, Preferably Reward

CCP certification or willingness to obtain CCP

Benefits

Comprehensive healthcare options (Medical, Dental, and Vision)

401K match, and a fully funded pension plan

Paid vacation and holidays; flexible work environment

Generously subsidized public transportation

Annual tuition reimbursement

Professional development programs, training and conferences

*And more…*

Company

Federal Reserve Bank of San Francisco

Glassdoor3.6

We are the Federal Reserve Bank of San Francisco—public servants with a mission to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans.

Founded in 1913

San Francisco, California, USA

1001-5000 employees