Job Description
Position Overview
Provides analytical support to the development and administration of the Credit Union’s compensation plan to optimize hiring and maximize employee retention.
Duties and Responsibilities
Participates in benchmarking surveys, and analyzes the results to align with market data and determine competitive positioning of the organizations compensation program.
Makes recommendations regarding the design of the organization’s compensation structure, salary grades and ranges, merit increases, and incentive plans based on current trends and other market indicators.
Partners with Talent Acquisition and management to identify job duties for new positions, write job descriptions, and ensure they are priced and graded appropriately. Maintains the Credit Union’s inventory of job descriptions.
Analyzes internal pay increases practices to appropriately pace progression, and maintain pay equity.
Supports day-to-day compensation activities including approval of pay increases, preparing ad-hoc job analysis as needed, and distribution of compensation statements.
Maintains knowledge and understanding of current trends, laws, and issues affecting area of expertise. Attends educational events that will increase professional knowledge and be otherwise beneficial to the Credit Union. Completes annual BSA/AML Compliance Training and understands employee’s role in maintaining an effective BSA/AML compliance program, and completes FACT Act Red Flag training.
Minimum Education, Experience and Skill Requirements
Bachelor's degree in Human Resources, Economics, Finance, or a related field. A comparable combination of work experience and training may be substituted for education requirements.
5 or more years progressively responsible experience in Human Resources, including experience in compensation analysis and HR administration.
Certified Compensation Professional (CCP) designation preferred.
Excellent math skills and data analysis skills. Strong Microsoft Office skills, including excel. Experience with UltiPro, Cognos Analytics, and PayFactos desired.
Able to prioritize tasks, deal effectively with competing and changing priorities, and meet deadlines. Accurate, detail-oriented, and organized. Able to analyze and resolve difficult problems and situations.
Good knowledge and understanding of Credit Union products, services, policies, and procedures pertinent to the job.
Good knowledge and understanding of regulatory compliance necessary to successfully perform job responsibilities.
Good knowledge and understanding of all Credit Union computer systems and software applications required to perform job duties.
Good verbal and written communication skills and interpersonal skills in order to interact professionally and effectively with members, staff, vendors, and government regulators. Able to influence others through explanation of facts, policies, and practices.
Works independently with general supervision.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, employee is regularly required to sit, stand, and walk; use hands and fingers to handle or feel; reach with hands and arms; talk and hear. Must be able to lift and carry up to 25 pounds. Vision requirements include close and classroom vision. Periodically required to travel by automobile. Periodically required to work other than normal business hours.
Disclaimer
This job description is not intended to be all inclusive. Employee may perform other related duties as assigned to meet the on-going needs of the Credit Union.
(#CB)
Bachelor's degree in Human Resources, Economics, Finance, or a related field. A comparable combination of work experience and training may be substituted for education requirements. 5 or more years progressively responsible experience in Human Resources, including experience in compensation analysis and HR administration. Certified Compensation Professional (CCP) designation preferred. Excellent math skills and data analysis skills. Strong Microsoft Office skills, including excel. Experience with UltiPro, Cognos Analytics, and PayFactos desired. Able to prioritize tasks, deal effectively with competing and changing priorities, and meet deadlines. Accurate, detail-oriented, and organized. Able to analyze and resolve difficult problems and situations. Good knowledge and understanding of Credit Union products, services, policies, and procedures pertinent to the job. Good knowledge and understanding of regulatory compliance necessary to successfully perform job responsibilities. Good knowledge and understanding of all Credit Union computer systems and software applications required to perform job duties. Good verbal and written communication skills and interpersonal skills in order to interact professionally and effectively with members, staff, vendors, and government regulators. Able to influence others through explanation of facts, policies, and practices. Works independently with general supervision., While performing the duties of this job, employee is regularly required to sit, stand, and walk; use hands and fingers to handle or feel; reach with hands and arms; talk and hear. Must be able to lift and carry up to 25 pounds. Vision requirements include close and classroom vision. Periodically required to travel by automobile. Periodically required to work other than normal business hours. At least 5 years experience. Employment Type: Full-Time