Senior Compensation Analyst

Description

The Senior Compensation Analyst designs and manages competitive, equitable compensation programs, with a strong focus on incentive plan design and analytics. This role uses advanced analytical expertise and business insight to support consistent, data-driven pay decisions. The position partners cross-functionally with leaders and HR to analyze compensation data and develop solutions aligned with business goals and organizational needs.

• Lead analysis, modeling, and administration of incentive programs, including annual bonus and incentive/commission variable pay plans
• Evaluate current incentive structures and recommend enhancements that support business objectives, ensure competitiveness, and maintain internal fairness
• Conduct job evaluations and market pricing reviews, using survey data and market insights to recommend pay ranges and job alignment
• Develop compensation models, dashboards, and reports that translate data into actionable insights for HR and business leaders
• Partner with HR Business Partners and leaders to advise on compensation matters, ensuring policies and programs are consistently understood and applied
• Manage components of the annual compensation cycle, such as bonus calculations, salary adjustments, and structure updates, ensuring accuracy and compliance
• Monitor market trends, regulatory updates, and competitive practices to inform compensation program development and mitigate risk
• Support participation in salary surveys and analyze survey outputs to maintain accurate, up‑to‑date market benchmarks
• Contribute to the design and governance of compensation guidelines, tools, and communication materials that improve understanding and decision‑making.
• Conduct advanced pay equity analytics and partner with HR to support remediation strategies
• Evaluate, propose, and implement improvements to compensation programs such as sign‑on, retention, SPOT bonuses, and incentive structures
• Serve as a system expert for the compensation management platform, lead enhancements, testing, audits, and user training
• Interpret compensation policies and provide guidance to HR and business leaders

• 4 to 6 years of experience in compensation and HR analytics, with demonstrated exposure to variable pay programs
• Solid understanding of compensation principles, including incentive plans, salary structures, job evaluation, and market pricing
• Ability to interpret data, identify trends, and clearly communicate findings to non‑HR audiences
• Experience working with HRIS and compensation systems; proficiency in pulling, cleansing, and validating data
• Excellent judgment, attention to detail, and ability to manage multiple priorities in a fast‑paced environment
• Strong partnership and communication skills with the ability to influence and support leaders across the business
• Education: Bachelor's degree in Human Resources, Business, or like field (or 4 additional years of relevant experience in lieu of a degree)
• Certification/License: CCP preferred

• Traditional medical, dental, and vision coverage
• 401K matching up to 5% per pay period
• Paid Time Off: You’ll accrue up to 15 vacation days in your first year. In addition, you’ll receive 40 hours of sick time and 3 personal days, which refresh annually
• 11 paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility for special employee pricing is subject to standard account requirements and underwriting criteria)