Sr Compensation Consultant

Citizens Bank•Johnston, RI

36d•$125,000 - $130,000

About The Position

As the Senior Compensation Consultant, you will partner with HR and business lines to evaluate, design and implement competitive compensation programs. You will conduct analyses of compensation data, models financial and organizational impact of programs, and assists in the translation of business strategies to effective compensation programs. As well as manage projects such as survey participation, evaluation of external market competitiveness, internal equity analyses, incentive program evaluation, and annual performance review.

Requirements

5+ years of Compensation strategy and design experience
3-5 years of experience in an analytical role, preferably financial services
Knowledge of Regulatory and Compliance requirements.
Excellent communication and stakeholder management skills.
Project management and consulting experience.
Must be well organized, detail oriented and confident to work independently as well as a strong team player.
Strong MS Office skills including Excel, Word, PowerPoint, and Access
Research compensation related issues and provide recommendations, substantiations, and possible alternatives.

Responsibilities

Prepare job descriptions and perform job evaluations using market pricing and internal equity measurements ensuring FLSA compliance.
Administer base pay programs including annual performance review/merit increase cycles, promotions and other adjustments.
Manage projects such as survey participation, evaluation of external market competitive vs. the company or internal equity analysis.
Research compensation related issues and provide recommendations, substantiations and possible alternatives.
Develop and document procedures to streamline processes and ensure compliance with regulatory requirements.
Participate in the communications of compensation related programs.
Utilize PeopleSoft HRIS system to generate queries or look up information that meets compensation needs.
Assist others with compensation related issues.