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First Horizon Bank · 1 day ago

Compensation Analyst

Memphis, TN

Full-time

Onsite

Entry, Mid Level

2+ years exp

First Horizon Bank is a leading regional financial services company dedicated to helping clients and communities unlock their full potential. The Compensation Analyst role involves providing comprehensive compensation consulting services, collaborating with various teams, and managing data to drive compensation strategies and initiatives.

BankingFinanceFinancial ServicesRisk Management

Responsibilities

Collaborate with enterprise partners to address compensation issues and contribute on special compensation projects

Consult on job evaluations, leveraging market data and internal evaluations to provide insightful recommendations

Serve as the primary contact for day-to-day compensation matters for leaders and associates

Contribute to the management and analysis of complex data models using various databases and MS Office tools, interpreting findings to formulate strategic recommendations and actions

Manage and maintain the job description database and compensation structure

Participate in benchmarking and compensation surveys for data-driven insights

Partner in administering the compensation planning process, covering merit, bonus, and equity plans

Prepare comprehensive quantitative reports for management and executive review

Serve as a backup for the administration of equity plans, providing support to ensure seamless execution and alignment with compensation strategies

Develop communication and training materials regarding pay policies and compensation programs

Prepare and conduct formal presentations tailored for executive, management, and associate audiences

Engage in ongoing development, validation, and enhancement of HR processes and systems

Document and uphold standard operating procedures and workflows for business functions/processes, ensuring alignment with current and emerging HR trends

Upholds and ensures the integrity, accuracy, and confidentiality of all human resource data

Conduct audits to ensure the quality and reliability of data, guaranteeing compliance with relevant standards and practices

Qualification

Compensation AnalysisData ManagementMS ExcelEquity AdministrationAnalytical SkillsCommunication SkillsProblem-Solving SkillsOrganizational Skills

Required

BS/BA in Business, Finance or Accounting

2-4 years of experience in compensation or equivalent combination of education and experience that exhibits the ability to perform critical functions of the position

Strong analytical, problem-solving, planning, and project management skills

Advanced proficiency in MS Excel, Word and PowerPoint

Excellent oral, written and interpersonal communication skills

Knowledge of all employment laws and regulations (e.g., FLSA, EEO, FMLA)

Ability to prioritize and handle several projects in a fast paced environment

Ability to remain flexible and adaptable in instances of change or ambiguity

Highly self-motivated, detail oriented with strong organizational skills

Excellent attention to detail and accuracy