Old National Bank · 2 months ago
Total Rewards Director, Sr
US-IN-Indianapolis
Full-time
Onsite
Director/Executive
$136K/yr - $279K/yr
10+ years expOld National Bank, a regional powerhouse with over $70 billion in assets, is seeking a Head of Total Rewards. This strategic leadership role involves shaping and executing a total rewards strategy to support approximately 6,000 team members, overseeing compensation, benefits, and HR technology systems while driving innovation and alignment with organizational goals.
BankingFinancial ServicesWealth Management
Responsibilities
Define and drive the vision for Total Rewards, working in partnership with other members of the business and HR leadership teams
Help revise, reshape, and drive and elevate the total rewards delivery model
Oversee all compensation and benefits programs to attract, retain and motivate a high-performing workforce, and continuously improve incentive and bonus plan designs that support our culture, priorities, and business model
Partner with executive leadership to ensure that all programs support the organization’s strategic objectives and are competitive, cost effective and in compliance with legal requirements
Design and execute forward-thinking, data-driven compensation, benefits, health care and equity programs that align with business goals, drive employee engagement, and drive the wellness of our population
Prepare and present Rewards and Performance Reports to the Board of Directors Talent Development and Compensation Committee and the Human Capital Executive Committee
Ensure alignment of compensation programs with enterprise risk management and regulatory expectations for large financial institutions
Ensure adherence to regulatory and compliance requirements, including SEC, tax, and labor laws, heightened standards, while maintaining strong governance across multi-state and complex operational environments
Work closely with Talent functions and IT to drive the systems strategy and priorities; continue to evolve the use of HR Analytics
Build, mentor, and inspire a high-performing total rewards team, fostering a culture of collaboration, accountability, and continuous improvement
Support project management of HR initiatives including project plan development, financial, technical and resource requirements
Support M&A and reorganization activities as required
Ensure compliance and harmonization of programs across multi-state operations
Coach and empower others by providing timely feedback, support, and guidance to encourage team members to accomplish tasks, solve problems, and enhance their professional development
Lead change efforts, build and cultivate trusted relationships between one’s own area and other lines of business to achieve business goals
Influence and challenge thinking through expertise, data, and persuasion
Demonstrate Old National’s culture in daily interactions and encourage team members to live by our culture and values
Share information by maintaining emotional intelligence, tailoring the delivery and method to the audience
Proactively foster an inclusive environment, valuing and leveraging individual differences and perspectives to achieve department and corporate objectives
Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance
Seeks to understand root cause of issues, consults with lines of business and subject matter experts, as appropriate, to determine the best solution and acts within approved policies, procedures, and established guidelines
Qualification
Required
10+ years of progressive leadership in total rewards, including executive compensation in public companies
Bachelor's degree in a business-related field required; Master's degree preferred
Strong knowledge of compensation design, equity programs, benefits strategy, and regulatory frameworks
Experience preparing and presenting materials to the Board of Directors and Board Committees, translating complex data into strategic insights
Experience working with Board of Directors' Compensation Committee on all matters related to BOD and Executive Compensation in a public company, including overall competitive compensation positioning, short and long-term incentive design, equity management, tax compliance, SEC regulations, executive agreement design and compliance
Exceptional analytical, communication, and interpersonal skills with a proven ability to influence and collaborate across all levels
Strategic thinker with a hands-on, innovative approach to problem-solving and execution
Experience leading projects, including defining scope, managing budgets, driving deliverables, meeting deadlines, and handling competing priorities
Preferred
Master's degree
Benefits
Competitive compensation with our salary and incentive program
Medical, dental, and vision insurance
401K
Continuing education opportunities
Employee assistance program
Company
Old National Bank
Old National Bank is a regional bank providing you with additional provides account choices, expanded convenience, and greater control.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$400M2024-11-25Post Ipo Equity· $400M
1984-12-04IPO
Leadership Team
James Sandgren
CEO - Commercial Banking
Timothy Burke
President & Chief Operating Officer
Recent News
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2026-01-22
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2026-01-20
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