EastRise Credit Union · 1 month ago
Compensation and Benefits Manager
South Burlington, VT
Full-time
Hybrid
Senior Level, Lead/Staff
$106K/yr - $118K/yr
8+ years expEastRise Credit Union is a $3.1B credit union seeking a Compensation and Benefits Manager to manage the development and delivery of their total rewards programs. The role involves designing, executing, and continuously improving compensation, benefits, wellness, and leave programs while ensuring compliance and alignment with business strategy.
BankingFinancial Services
Responsibilities
Design, implement, and manage compensation programs including base pay structures, incentive plans, recognition programs, and long-term rewards
Manage annual compensation cycles, including benchmarking, pay equity reviews, performance calibration, and market analyses
Develop and maintain job architecture and career pathing frameworks to support growth and internal equity
Provide management reporting to the Chief People Officer, offering insights and recommendations that inform compensation strategy
Design and manage health, wellness, retirement, and voluntary benefit programs
Partner with insurance brokers, carriers, and vendors to evaluate, negotiate, and secure cost-effective, high-value benefit solutions
Monitor vendor performance and hold partners accountable for service delivery and compliance
Manage annual benefits renewal and open enrollment, including ADP system readiness, communications, and team member support
Develop and integrate wellness and wellbeing initiatives (mental health, financial wellness, lifestyle programs) into the benefits strategy
Use utilization data and team member feedback to measure program effectiveness and recommend improvements
Oversee the administration and improvement of leave programs, including FMLA, ADA, PTO, and other statutory or organizational leave programs
Partner with brokers, vendors, payroll, and our team in HR to ensure accurate tracking, documentation, and reporting in ADP
Ensure compliance with ERISA, ACA, HIPAA, COBRA, FMLA, IRS/DOL requirements, and other regulations
Create clear policies and communications to support people leaders and team members in navigating leave programs
Develop communication strategies that ensure team members clearly understand and value their compensation, benefits, and wellness offerings
Deliver toolkits, FAQs, trainings, and people leader guides to increase program engagement
Act as a trusted advisor to people leaders and team members, providing guidance on compensation and benefits decisions
Partner with HR Business Partners and Program Managers to align programs with organizational engagement, retention, and performance goals
Regularly assess programs for competitiveness, alignment, and cost-effectiveness
Use benchmarking, analytics, and team member feedback to recommend enhancements
Manage or support organization-level initiatives (e.g., M&A due diligence, HRIS upgrades, workforce transitions) with full ownership of compensation and benefits strategy
Ensure governance frameworks support long-term sustainability, transparency, and compliance
Qualification
Required
Eight years to 10 years of similar or related experience, including preparatory experience
A college degree
The ability to motivate or influence internal or external senior level professionals is a critical part of the job, requiring a significant level of influence and trust
Obtaining cooperation and agreement on important outcomes via frequently complex, senior level dialogues
A professional level of written communication skills are essential to the position
Must be at least 18 years of age
Favorable Background, Credit, Criminal, Bondability, and Reference Checks required
Travel to other branches or locations as required
Perform primarily sedentary work with limited physical exertion and occasional lifting of up to 10 lbs
Must be capable of climbing / descending stairs in emergency situation
Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator
Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary
Must be able to work extended hours whenever required or requested by management
Must be capable of regular, reliable and timely attendance
Must be able to perform job functions independently or with limited supervision and work effectively either on own or as part of a team
Must be able to read and carry out various written instructions and follow oral instructions
Must be able to speak clearly and deliver information in a logical and understandable sequence
Must be capable of dealing calmly and professionally with numerous different personalities from diverse cultures at various levels within and outside of the organization
Must demonstrate highest levels of customer service and discretion when dealing with the public
Must be able to perform responsibilities with composure under the stress of deadlines / requirements for extreme accuracy and quality and/or fast pace
Must be able to effectively handle multiple, simultaneous, and changing priorities
Must be capable of exercising highest level of discretion on both internal and external confidential matters
Benefits
Health, wellness, retirement, and voluntary benefit programs
Wellness and wellbeing initiatives (mental health, financial wellness, lifestyle programs)
ADP system readiness, communications, and team member support
Company
EastRise Credit Union
At EastRise, we believe that banking should be a source of personal strength and peace of mind.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
John Dwyer
President & CEO
Rob Miller
President and Chief Operating Officer
Company data provided by crunchbase