Manager of Compensation and Equity

First National Bank Of Pennsylvania•Pittsburgh, PA

21h

About The Position

The Manager of Compensation and Equity manages and provides administrative support for compensation programs, including salary and job structures, annual merit planning, short- and long-term incentive programs, and job descriptions. The role partners with business leaders and Human Resources colleagues to provide compensation guidance aligned with the organization’s corporate philosophy and manages a team that executes compensation strategies. The position also participates in and/or manages special projects. The role supports compensation programs such as base pay, incentive, and commission plans; uses market survey data to recommend pay structures, salary ranges, and total compensation; and reviews practices for internal equity and competitiveness. It works with managers and HR partners to develop and audit job descriptions, monitors market and regulatory developments, analyzes compensation data, and educates management on FLSA compliance as needed. The Manager collaborates with Legal, Finance, HR, and other teams on compliance, budgeting, taxation, and senior-level offers; responds to employee inquiries; partners on annual incentive-plan risk assessments; calculates and analyzes incentive payouts; and administers long-term incentive plans and equity transactions, including plan data, participant accounts, grants, acceptance, vesting, forfeitures, and applicable RSU tax administration. The position also performs other related duties and projects as assigned. All employees are accountable for managing risks encountered in their work and complying with regulatory requirements and company procedures.

Requirements

Bachelor of Arts or Bachelor of Science degree.
At least 5 years of job-related experience.
Excellent written and verbal communication skills.
Excellent customer service skills.
Excellent organizational, analytical, and interpersonal skills.
Detail-oriented.
Ability to work and multitask in a fast-paced environment.
Intermediate-level Microsoft Word skills.
Expert-level Microsoft Excel skills.
Intermediate-level Microsoft PowerPoint skills.
Knowledge of basic compensation practices and principles.
Knowledge of federal, state, and local laws governing compensation and classification.
Legally authorized to work in the United States; employment-based visa sponsorship is not provided.

Nice To Haves

Certified Compensation Professional (CCP) certification preferred.

Responsibilities

Implement, administer, and support compensation programs, including base pay, incentive, and commission plans, in support of organizational objectives.
Use compensation surveys and market data to align roles with market benchmarks and recommend pay structures, salary ranges, and total compensation.
Review compensation practices for internal equity and participate in surveys to support competitive positioning.
Maintain salary structures aligned with market benchmarks.
Prepare and revise job descriptions with managers and Human Resources partners, and execute the job description audit process.
Monitor compensation trends and legislative or regulatory developments; analyze compensation data and recommend changes to maintain competitiveness.
Educate management on FLSA compliance as needed.
Collaborate with Legal, Finance, HR, and other teams on compliance, budgeting, taxation, and senior-level offers.
Handle employee inquiries and communications related to compensation.
Assist with annual incentive-plan risk assessments in partnership with the Chief Risk Officer and Compensation Accounting Manager.
Calculate annual incentive-plan payouts accurately, on time, and in accordance with plan documents; analyze results and escalate unusual outcomes or trends to management.
Administer long-term incentive plans and ensure equity transactions are properly approved and accurately processed.
Maintain long-term incentive plan and participant-account data integrity; monitor equity grants, grant acceptance, vesting, forfeitures, and applicable RSU tax administration.
Manage a team that executes compensation strategies and participate in or manage special projects.
Perform other related duties and projects as assigned.
Understand, report, respond to, manage, and monitor business risks as required by the F.N.B. Corporation risk management program.
Comply with applicable regulatory laws and company procedures.