Manager of Compensation and Equity

F.N.B. Corporation•Pittsburgh, PA
•Onsite

About The Position

This position is primarily responsible for managing and administrative support on all aspects of our compensation programs to include salary & job structures, annual merit planning, short and long-term incentive programs, and job descriptions. Partners with line of business leaders and internal HR colleagues to provide guidance on all compensation related matters aligning with our corporate philosophy and manages a team that executes on those strategies. Participates on and/or manages various special projects.

Requirements

  • BA or BS
  • 5 years of job-related experience
  • Excellent communication skills, both written and verbal
  • Excellent customer service skills
  • Excellent organizational, analytical and interpersonal skills
  • Detail-oriented
  • Ability to work and multi-task in a fast paced environment
  • MS Word - Intermediate Level
  • MS Excel - Expert Level
  • MS PowerPoint - Intermediate Level
  • Knowledge of basic compensation practices and principles
  • Knowledge of Federal, State and Local laws governing compensation and classification

Nice To Haves

  • Certified Compensation Professional (CCP) preferred

Responsibilities

  • Implements, administers and supports the execution of various compensation programs designed by the lines of business and Corporate Human Resources Department to support organization objectives including base pay, incentive and/or commission plans.
  • Aligns internal roles with market data using surveys to recommend pay structures, salary ranges, and total compensation.
  • Reviews practices to ensure internal equity.
  • Participates in surveys to support competitive positioning.
  • Maintains salary structures aligned with market benchmarks to ensure competitiveness.
  • Prepares and revises job descriptions by working closely with managers and Human Resources partners to determine appropriate job functions for each position.
  • Executes job description audit process.
  • Keeps current on trends within the market regarding compensation issues and legislative or regulatory environment.
  • Thoroughly analyzes compensation data and recommends changes as appropriate to establish and maintain competitiveness.
  • Educates management as needed on FLSA compliance.
  • Collaborates with teams (Legal, Finance, HR, etc.) on compliance, budgeting, taxation, and senior-level offers.
  • Supports employees by handling inquiries and communications.
  • Assists with annual risk assessments of incentive plans in partnership with the Chief Risk Officer and Compensation Accounting Manager.
  • Calculates annual payouts under incentive compensation plans.
  • Ensures payouts are calculated accurately, timely and in accordance with plan documents.
  • Analyzes payouts and escalates unusual results or trends to the attention of management.
  • Administers FNB's Long-term Incentive plans, ensuring all equity transactions are properly approved and accurately processed.
  • Administration includes, but is not limited to, managing data integrity of the plans and participant accounts, monitoring equity grants, grant acceptance, vesting, forfeitures, applicable tax administration related to RSUs, etc.
  • Performs other related duties and projects as assigned.
  • All employees have the responsibility and the accountability to serve as risk managers for their businesses by understanding, reporting, responding to, managing and monitoring the risk they encounter daily as required by F.N.B. Corporation’s risk management program.
  • Compliance with regulatory laws and company procedures is a required component of all position descriptions.
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