Compensation Manager--Retail Banking
About The Position
Manages the development, implementation, maintenance and communication of the organization's compensation programs, policies and processes. Oversees the analysis of budgets and plans within various pay programs. Advises senior management on aligning the pay programs, policies and procedures with organizational goals; implements creative solutions to specific comp-related programs. Ensures the effectiveness of existing compensation practices and regulations compliance, making timely revisions when needed, and keeping senior staff informed of any updated policies. Oversees the data within the HRIS to ensure the accuracy of compensation information including incentive calculations, approvals for award payments, and payment records. Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay grades based on findings.
Requirements
- University / college degree
- At least 5 years of prior management experience
- 8+ years of industry experience
- Customer Focused - Knowledgeable of the values and practices that align customer needs and satisfaction as primary considerations in all business decisions and able to leverage that information in creating customized customer solutions.
- Managing Risk - Assessing and effectively managing all of the risks associated with their business objectives and activities to ensure they adhere to and support PNC's Enterprise Risk Management Framework.
- Include Intentionally - Cultivates diverse teams and inclusive workplaces to expand thinking.
- Live the Values - Role models our values with transparency and courage.
- Enable Change - Takes action to drive change and innovation that will transform our business.
- Achieve Results - Takes personal ownership to deliver results. Empowers and trusts others in decision making.
- Develop the Best - Raises the bar with every talent decision and guides the achievement of all employees and customers.
Nice To Haves
- Higher level education such as a Masters degree, PhD, or certifications is desirable.
- In lieu of a degree, a comparable combination of education, job specific certification(s), and experience (including military service) may be considered.
Responsibilities
- Manages the development, implementation, maintenance and communication of the organization's compensation programs, policies and processes.
- Oversees the analysis of budgets and plans within various pay programs.
- Advises senior management on aligning the pay programs, policies and procedures with organizational goals; implements creative solutions to specific comp-related programs.
- Ensures the effectiveness of existing compensation practices and regulations compliance, making timely revisions when needed, and keeping senior staff informed of any updated policies.
- Oversees the data within the HRIS to ensure the accuracy of compensation information including incentive calculations, approvals for award payments, and payment records.
- Manages job evaluations, salary surveys, and all analytical reporting to prepare recommendations and determine pay grades based on findings.
Benefits
- medical/prescription drug coverage (with a Health Savings Account feature)
- dental and vision options
- employee and spouse/child life insurance
- short and long-term disability protection
- 401(k) with PNC match
- pension and stock purchase plans
- dependent care reimbursement account
- back-up child/elder care
- adoption, surrogacy, and doula reimbursement
- educational assistance, including select programs fully paid
- a robust wellness program with financial incentives
- maternity and/or parental leave
- up to 11 paid holidays each year
- 9 occasional absence days each year, unless otherwise required by law
- between 15 to 25 vacation days each year, depending on career level; and years of service.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
