Compensation Advisor

Broadway Bank•San Antonio, TX

About The Position

The Compensation Advisor supports the administration, analysis, and continuous improvement of Broadway Bank’s compensation and retirement benefits programs. The role conducts market pricing, salary benchmarking, and compensation analyses to assess the competitiveness and equity of pay practices. It analyzes internal and external market data and develops recommendations for base pay, incentive programs, and salary structures while supporting administration and compliance of compensation, 401(k), and deferred compensation programs. Working with HR and business leaders, the Compensation Advisor helps keep programs competitive, compliant, and aligned with organizational objectives. The position may require travel within the Bank’s geographic area. The role is in the Human Resources division and works Monday through Friday during operating hours of 8:00 a.m. to 5:00 p.m. Occasional overtime or extended hours may be required. The position includes a regular or extended workday physical requirement to move objects weighing up to 10 pounds.

Requirements

7 or more years of progressively responsible compensation experience, including design and administration of compensation, incentive, and equity programs.
Experience with automated processes and applicable laws and regulations, particularly those relevant to federal contractors.
Deep knowledge of 401(k) retirement plans and deferred compensation plans.
Bachelor’s degree or equivalent.
Advanced analytical skills, including Excel for complex models and PowerPoint for proposal creation.
Ability to communicate strategies and perspectives across leadership levels.
Strong planning and project management skills, including the ability to lead cross-functional initiatives.
In-depth knowledge of compensation laws and regulations.
Experience leading performance review processes and integrating them with compensation decisions.
Exceptional attention to detail, ability to maintain a big-picture perspective, customer-service orientation, and achievement-focused work ethic.
Ability to work effectively amid competing priorities and strict deadlines.
Ability to lift, carry, push, pull, or otherwise move objects weighing up to 10 pounds regularly or for extended periods during the workday.

Nice To Haves

Experience in a financial services environment.
Certified Compensation Professional (CCP) certification.
Experience with ADP and Cornerstone OnDemand.

Responsibilities

Support annual merit increases, equity adjustments, promotions, bonus planning, and salary structure revisions, ensuring competitive, equitable, and legally compliant practices.
Conduct job evaluations, market reviews, and classification analyses, and maintain current, comprehensive job descriptions.
Collect, analyze, and report market data, providing management with insights and recommendations on market pricing and pay gaps.
Formulate annual merit budget recommendations, analyze off-cycle spending and peer equity, and propose adjustments to management.
Generate and distribute annual compensation statements to employees and executives.
Manage incentive plans, including communication, documentation, and coordination with payroll for timely payments.
Evaluate and refine the total compensation and rewards strategy to improve competitiveness and talent retention.
Prepare and present strategic insights and updates to executives and the Board, including compensation strategy and investment opportunities.
Lead implementation of approved compensation program changes and pursue continuous improvement.
Provide training and resources to HR and management on compensation practices.