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CFG Bank · 2 days ago

Senior Compensation Analyst

Baltimore, MD

Full-time

Hybrid

Mid, Senior Level

$85K/yr - $110K/yr

3+ years exp

CFG Bank is a leading financial institution based in Baltimore, Maryland, serving the national healthcare and multifamily markets. The Senior Compensation Analyst will lead the design, analysis, and administration of the organization’s compensation programs, ensuring they are competitive, equitable, and aligned with organizational goals.

BankingCommercialFinancial Services

Hiring Manager

Chris Lawn

Responsibilities

Design, implement, and maintain organization-wide salary structures, pay ranges, and job grading systems

Develop and oversee compensation policies, including pay adjustment guidelines, promotion standards, and internal equity frameworks

Lead the annual compensation planning cycle, including merit, LTI, and bonus programs

Administer and analyze equity compensation programs, ensuring alignment with company policies, market competitiveness, and regulatory compliance

Advise on compensation strategies to support workforce planning, talent acquisition, and retention

Provide strategic recommendations that align compensation programs with overall organizational goals and market competitiveness

Lead market analyses using advanced survey methodologies and benchmarking tools to ensure the organization remains competitive

Conduct pay equity studies and provide actionable recommendations to promote fairness and compliance

Monitor industry trends and labor market data to anticipate future compensation needs and opportunities

Serve as the primary advisor on compensation competitiveness and emerging best practices

Ensure all compensation programs comply with federal, state, and local regulations (including FLSA, pay equity, and transparency laws)

Develop, document, and maintain compensation policies and governance structures

Support executive reporting requirements, audits, and regulatory filings as needed

Promote transparency and consistency in pay practices through communication and training initiatives

Lead the job evaluation process, ensuring all positions are properly graded and aligned with pay ranges

Partner with internal stakeholders to create and maintain accurate, market-aligned job descriptions

Provide guidance on compensation decisions and employee offers

Qualification

Compensation strategyData analysisJob evaluationCertified Compensation ProfessionalCompensation lawsStakeholder managementExcel expertiseCommunication skills

Required

Bachelor's degree in Human Resources, Business Administration, Finance, or related field required

3 to 7+ years of experience in compensation, with demonstrated experience building pay ranges, grading structures, and policy frameworks

Deep knowledge of compensation principles, job evaluation methodologies, and pay equity practices

Proven experience advising and influencing compensation-related decision-making at a strategic level

Strong data analysis skills, with expertise in Excel and experience using compensation benchmarking tools and HRIS systems

Ability to interpret and apply federal, state, and local compensation laws and regulations

Exceptional communication, facilitation, and stakeholder management skills with the ability to translate complex analysis into actionable insights

High level of integrity, discretion, and judgment in handling sensitive compensation matters

Preferred

Master's degree or CCP (Certified Compensation Professional) a plus

Benefits

Employer-provided health benefits: medical insurance, dental and vision insurance, disability insurance, life insurance, mental health support services, and wellness program

Paid time off: vacation days, sick leave, volunteer days

Retirement plan: 401(k) with employer match

Other compensation elements: Discretionary annual bonus and overtime pay for nonexempt positions