Metropolitan Commercial Bank · 2 months ago
Director of Total Rewards
New York, NY
Full-time
Hybrid
Senior Level, Lead/Staff
$200K/yr - $225K/yr
10+ years expMetropolitan Commercial Bank is a full-service commercial bank based in New York City, recognized for its competitive banking products and services. The Director of Total Rewards will design and implement the bank's total rewards strategy to attract and retain talent, overseeing compensation, benefits, and wellness programs while ensuring alignment with the bank's culture and business strategy.
BankingBusiness DevelopmentCommercial
Responsibilities
Develops and leads the Total Rewards strategy in partnership with the Chief Human Resources Officer
Ensures programs are market competitive, cost-effective, equitable, and aligned with business priorities, talent strategy and culture
Serves as a trusted advisor to the CEO, Board of Directors and senior leadership on executive compensation, pay equity, and total reward trends
Develops compensation modeling and analyses for budgeting, forecasting and management reporting
Oversees all compensation programs, including job leveling, total compensation structure, short- and long-term incentives, equity programs, and executive compensation
Leads the annual compensation review cycle, ensuring fairness, compliance and alignment to performance outcomes
Partners with the Compensation Committee on executive pay strategy, disclosures and governance best practices
Directs the design and administration of health and wellness programs, retirement, insurance and leave policies
Serves as administrator of the 401k plan, which includes addressing the day-to-day activities of the plan, including but not limited to 401k committee participation and working with vendors and auditors for 5500 preparation
Leads the wellness strategy on physical, social, mental, and financial health
Manage all Leaves of Absence processes including FMLA, Parental Leave, Medical and other statutory/state leaves, serving as primary liaison with leave and disability vendors
Oversees payroll processing, ensuring accurate, compliant and timely payments, audits and reporting
Ensures compliance with ERISA, ACA, COBRA, FMLA, ADA, HIPPA, and other applicable regulations
Other duties as assigned
Qualification
Required
Bachelor's degree in Business, Finance, Human Resources or related discipline
10+ years of relevant compensation and benefit experience within the banking or financial services industry
Proven ability to influence at the highest levels of the organization and with the board of directors
Experience building an overall total rewards program in a regulatory environment
Experience in a publicly traded organization
Demonstrated experience leading compensation programs across multiple business lines
Strong knowledge of compensation practices, governance, wellbeing program design and delivery strategies
Expertise in managing payroll processes
Exceptional analytical skills with the ability to interpret complex data for strategic recommendations
Experience interacting with the CEO, executive level leadership and the Board of Directors
Excellent verbal and written communication skills
Excellent interpersonal and negotiation skills
Excellent organizational skills and attention to detail
Excellent time management skills with a proven ability to meet deadlines
Strong analytical and problem-solving skills
Strong supervisory and leadership skills
Ability to adapt to the needs of the organization and employees
Ability to prioritize tasks and to delegate them when appropriate
Thorough knowledge of employment-related laws and regulations in multiple states
Proficient with Microsoft Office Suite or related software
Proficiency with or the ability to quickly learn the organization's HRIS and talent management systems
Benefits
Health and wellness programs
Retirement
Insurance
Leave policies
401k plan
Company
Metropolitan Commercial Bank
Metropolitan Commercial Bank provides business, commercial, and personal banking products and services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Nick Rosenberg
Executive Vice President, Chief Technology Officer
Dixiana B.
Executive Vice President and Chief Operating Officer
Recent News
MarketScreener
2025-10-27
2025-10-25
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