Compensation Analyst, Sr. Associate

State Street•Boston, MA

7d•$52,000 - $87,880•Hybrid

About The Position

The Senior Associate Compensation Analyst will join the Global Total Rewards team, a collaborative group of financial services compensation professionals. The role supports multiple complex business units through compensation analysis, benchmarking, consulting, and day-to-day advisory support, and helps deliver data-driven recommendations to senior leaders. The position also helps define technology-driven processes to improve team efficiency, applying a creative and forward-thinking approach to analysis, problem-solving, and process improvement. This is a full-time, hybrid role based in Boston, with a minimum of four days per week in the office. Recent college graduates with strong analytical skills and an interest in data, compensation, or Human Resources are encouraged to apply.

Requirements

Strong analytical, problem-solving, and data modeling capabilities, with the ability to translate findings into practical recommendations.
Demonstrated project management skills, with the ability to manage multiple priorities and meet deadlines in a fast-paced environment.
Capacity to develop strong relationship management and consulting skills, with the ability to work effectively across HR and business stakeholders.
Close attention to detail and comfort working with large data sets, formulas, and report creation.
Advanced proficiency with Microsoft Excel; proficiency with PowerPoint and Word.
Strong ambition to learn, intellectual curiosity, and a self-starter mindset.

Responsibilities

Re-imagine how the compensation team operates by leveraging AI and other technology tools to unlock better insights, informed decisions, and more effective ways of working.
Support the preparation of compensation analyses, reporting, and recommendations for Human Resources Business Partners and business leaders.
Build and maintain complex data models to assess pay positioning, analyze trends, and support data-driven decision making.
Provide analytical support for annual compensation decisions, including salary increases, promotions, and incentive awards.
Support multiple complex business units with benchmarking, compensation consulting, and day-to-day advisory support.
Assist with compensation benchmarking by analyzing survey data, conducting market assessments, and evaluating internal and external role alignment.
Audit compensation information and related data to ensure accuracy, consistency, and integrity across processes and reporting.
Support evolving regulatory compliance requirements across the United States and globally, including pay transparency and other compensation-related regulations.
Partner effectively across HR and business stakeholders to manage projects, deliver insights, and support ongoing compensation initiatives.

Benefits

Retirement savings plan (401K) with company match.
Insurance coverage including basic life, medical, dental, vision, long-term disability, and optional additional coverages.
Paid time off including vacation, sick leave, short-term disability, and family care responsibilities.
Access to the Employee Assistance Program.
Incentive compensation, including eligibility for annual performance-based awards, excluding certain sales roles subject to sales incentive plans.
Eligibility for certain tax-advantaged savings plans.
Inclusive development opportunities.
Flexible work-life support.
Paid volunteer days.
Vibrant employee networks.