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Northwest Bank · 3 days ago

Director of Executive Compensation

Columbus, OH

Full-time

Hybrid

Mid, Senior Level

6+ years exp

Northwest Bank is seeking a Director of Executive Compensation within its Human Resources department. This role involves advising executive leadership on compensation matters, managing stock plans, ensuring compliance with regulations, and providing analytical support for compensation programs.

BankingFinancial Services

Responsibilities

Advise the CPO and management on all executive, equity incentive and non-employee director compensation matters, including but not limited to latest market practice, regulatory changes, proxy changes/enhancements

Co-Lead (with the CPO) planning, preparation, and distribution of meeting materials for C-Suite executives and the Compensation Committee of the Board of Directors

Manage the administration of the stock plans, prepare information for participants, prepare reports, conduct analyses and manage equity related projects in addition to preparing Compensation Committee meeting materials and proxy materials

Monitor executive compensation and equity regulations and collaborate with legal, accounting and tax departments to ensure compliance with all regulations and laws

Gather and help prepare relevant regulatory filings and reporting information such as the CD&A section of the proxy statement, Form 8-Ks, etc

Monitor and recommend design enhancements to executive pay programs where market and regulatory environment may deem necessary to remain competitive or compliant

Process equity award activities including grants, agreements, vesting, exercises, terminations, ESPP enrollments and purchases, etc

Assist in the analysis and administration of long-term incentive programs, including budgeting and planning, tracking, modeling and delivery

Serve as primary contact for internal and external audit partners for executive compensation and equity related inquiries

Provide analytical support for the design and administration of firmwide incentive and executive compensation programs

Assist in strategic initiatives across the Compensation team, including M&A and special incentives, and other ad hoc key initiatives that may require cross coordination within Compensation and across HR

Research, gather, and synthesize business-level and firm-level performance data in support of Northwest’s pay-for-performance philosophy

Analyze financial metrics, stock price performance, and executive pay including equity

Proactively liaise with partners in Finance, Strategy, Legal, HR, IR, External Compensation Consultant, and other functions as needed

Liaise with incentive plan participants/executives around compensation with clear and confident communication, both written and verbal

Assist with ad hoc executive compensation related inquiries, including preparing exhibits, charts, graphs, and tables

Become a “super-user” with the Compensation System

Conduct audits and reconciliations

Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

Work as part of a team

Work with on-site equipment

Qualification

Executive compensation experienceAnalytical skillsProject managementRegulatory complianceFinancial analysisMicrosoft Office proficiencyCommunication skillsProblem-solving skillsOrganizational skillsTeamwork

Required

Bachelor's degree

6-8 years of executive compensation experience required. Preferably in banking, financial services, and/or consulting

Strong analytical, research, and problem-solving skills

Strong project management, planning, organizational, and time management skills

Discretion in dealing with confidential information and senior level leaders

Able to deal with complex financial/compensation data, work independently and meet tight deadlines combined with high degree of accuracy and attention to detail

Self-starter that thrives in a team-oriented environment and can balance competing deadlines

Advanced proficiency with MS Office (Excel, PowerPoint, Outlook, Word)