What are the responsibilities and job description for the Senior Compensation Analyst - Baltimore position at Veritas Partners?
We are scouring for a Sr Compensation Analyst to support the design, implementation and maintenance of effective compensation programs for our banking client. The Compensation Analyst acts as an expert on compensation trends in the external market to ensure that our banking client programs are appropriately aligned / exceed our market. This role with follow a hybrid work model with 4 days/week after 90 days in the office 5 days per week.ResponsibilitiesDevelop and implement compensation strategies and programs that align with the bank's goals and objectives.Conduct market analysis to ensure competitive compensation packages.Design and manage salary structures, incentive plans, and bonus programs.Ensure compliance with federal, state, and local compensation laws and regulations.May serve as a subject matter expert on other related projects. Partners and collaborates on projects, including establishing a project plan, coordinating and managing resources, etc.Understands data requirements and creates presentations to display information accurately, communicate succinctly, and help influence decision making.Provides ad hoc consultative guidance or analyses to managers, HR Business Partners and other HR COE partners on compensation questions. Issues handled are frequently complex and often require creative solutions and independent analytical thought.May also be responsible for supporting the design and operationalization of a specific firmwide compensation program.Qualifications:Bachelor's degree, preferably in Business, Psychology, Human Resources, or related field, orThe equivalent combination of education and relevant experience AND 5 years of total relevant work experience5 years of experience in compensation and/or financial analysisAbility to communicate with multiple levels, including with HR colleagues and Business Unit Leaders/ ManagersProficiency in HRIS and compensation management software - experience with Paychex Exchange & AON preferred. **This role with follow a hybrid work model with 4 days/week
Salary : $82,500 - $107,300