Job Title: Compensation and Benefits Professional
The role of a Compensation and Benefits Professional is to oversee key compensation and benefits processes and daily functions within the Human Resources department. This includes annual compensation cycle administration, incentive compensation administration, retirement benefit administration, benefits reconciliations, open enrollment, health and welfare benefit administration, and coordination with payroll.
This professional will partner with HR personnel on employee onboarding and offboarding processes, including new hire compensation, payroll and benefits orientation, and organizational change administration.
* Partners with HR team members to develop and implement total reward programs, including base and incentive compensation administration, leave management, retirement benefits, payroll, etc.
* Collaborates with the Director, Total Rewards in the administration of total reward programs, including job profiles/descriptions, job benchmarking/evaluation, execution of both annual and ad hoc compensation changes, benefits program communications and training, and Workday administrative processes.
Responsibilities:
1. Manage and maintain Workday HCM modules, including Compensation, Benefits, Leave Management. Leads efforts to implement and improve new functionality and support testing during bi-annual releases.
2. Works closely with HR and IT department team members, as well as system vendors, in continuous improvement and simplification of HR processes.
3. Assists the Director, Total Rewards with Bank-wide compliance activities, such as risk assessments, incident reporting and resolution, vendor management, and business continuity.
4. Manages specific projects as determined in the annual HR operational plan and participates in functional and cross-functional initiatives.
Requirements:
* Bachelor's degree in human resources or business or equivalent work experience.
* Minimum of five years of experience in Human Resources.
* PHR/SHRM-CP or compensation/benefits certifications preferred.
* Knowledge of federal, local, and state employment laws and understanding of general human resources policies and procedures.
* Experience in compensation and benefits administrative process, in a fast-paced, service-oriented environment.
* Experience in HRMS administration and application tracking system; experience with Workday HCM including compensation, benefits, and onboarding is preferred.
* Able to operate computerized and standard office equipment.
* Advanced proficiency in Microsoft Office Suite, including MS Excel, PowerPoint, and Word.
* Conscientious, organized, passion for high-quality detailed-oriented work.
* High level of self-initiative; strong prioritization skills and works with minimal supervision.
* Exceptional written and verbal communication skills, including preparation of presentations.
* Fast learner who enjoys a fast-paced environment with a variety of tasks and processes.
* Enjoys working collaboratively as a team player.
* Continuous improvement mindset; looks for ways to do more with less.
* Results-oriented with a track record of success in delivering on business objectives.
* Highly flexible and adaptable in the face of changes in work, tasks, priorities, and processes.
* High level of service orientation with the interest in and ability to progress within human resources.
* Ability to develop and maintain credible professional relationships with colleagues and vendors in order to achieve business goals.