Executive Compensation Consultant

City National Bank • Los Angeles, CA

105d • $77,000 - $143,000

About The Position

The Executive Compensation Consultant works closely with the Senior Executive Compensation Consultant on the analysis, research, implementation and communication of the company's executive and share-based compensation programs including the philosophy, market positioning, pay mix, short- and long term incentive plans as well as related governance, tax, audit and regulatory matters. This position will provide day-to-day support for the administration of the share-based compensation programs. The incumbent will interact with senior management and external consultants/advisors, and will be involved in the preparation of analysis and presentations for executive and compensation committee meetings. In addition, this position will provide analytical support to compensation and broader HR projects, initiatives, programs and process improvement activities.

Requirements

• Bachelor's Degree or equivalent.
• Minimum of 5 years in compensation or finance.
• Minimum of 2 years progressive experience with executive compensation preferred.
• Minimum 2 years experience with long term incentive administration is preferred.
• 2 years experience in Human Resources or compensation consulting is preferred.

Nice To Haves

• Master's Degree preferred.
• Certified Compensation Professional (CCP) or Certified Executive Compensation Professional (CECP) preferred.
• Previous experience in executive compensation and stock plan administration in mid to large size publicly traded organization.
• Prior experience in implementing/administering Employee Stock Purchase Plans (ESPP) desirable.
• Knowledge of accounting, tax, legal and regulatory requirements.

Responsibilities

• Research, analyze, develop and implement executive base pay and short-and long-term incentive programs.
• Monitor internal and external competitive pay positioning; conduct competitive benchmarking and survey analysis.
• Develop recommendations for total cash, equity, and total compensation consistent with company objectives.
• Perform research and analysis on executive pay design, methodology and trends.
• Prepare materials and tools of executive compensation for the annual performance review cycle.
• Assist in the process for timely and accurate development of Compensation Committee materials.
• Support the annual year end compensation review for Executives, Senior Management, and Covered Employees.
• Assist with the preparation of compensation related required and supplemental tables for the annual RBC proxy statement.
• Develop initial compensation recommendations for executive level candidates.
• Respond to HR, colleague and management inquiries about the executive compensation program.
• Maintain database of executive agreements, terms and conditions.
• Compile and report annual status of executive stock ownership.
• Monitor trends and practices in executive compensation related industry, financial and regulatory issues.
• Model and recommend stock award guidelines, criteria and division pools for annual allocation.
• Administer the stock program including Options, RSUs, PSUs, dividends, vesting’s, terminations, grant approvals.
• Manage stock plan vendor ensuring participant records are accurate and up-to-date.
• Participate in long-term incentive surveys.
• Support the Senior Executive Compensation Consultant in the annual incentive compensation risk review.
• Assist compensation team with broad based compensation surveys, salary structures, market pricing, annual review cycle.

Benefits

• Comprehensive healthcare coverage, including Medical, Dental and Vision plans.
• Generous 401(k) company matching contribution.
• Career Development through Tuition Reimbursement and other internal upskilling and training resources.
• Valued Time Away benefits including vacation, sick and volunteer time.
• Specialized health and family planning benefits including fertility benefits.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees