Total Rewards Analyst
Total Rewards Analyst
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$ 75000 - 85000
1 Vacancy
Job Description
Amalgamated Bank seeks a Total Rewards Analyst to provide support for the Total Rewards function (Compensation Benefits & Recognition) competitive compensation analysis modeling research of competitive compensation practices and other analysis as needed. Heavy focus 6070 on Compensation activities
By joining our team youll be joining a Bank that believes that maintaining a diverse and inclusive workplace where everyone feels valued and respected is essential for us to grow as a company. We are dedicated to building a more equitable world in our everyday practices by embracing the values of our employees and customers.
Essential Job Functions:
- Compensation
- Participate in and analyze salary survey data to ensure current pay practices are market competitive and support pay equity
- Provide support for the annual compensation planning processes including salary structure update merit increases annual incentive and equity awards. Refine compensation processes leveraging best practices and operational efficiencies.
- Creates and support development of compensation communication and training materials.
- Develop reports dashboards and metrics to identify key trends and develop recommendations for improvements to compensation programs where appropriate.
- Partner with HR business leaders and Talent Acquisition team to conduct job evaluations and market pricing on an ongoing basis and consult regarding incumbent and new hire pay decisions. Evaluates positions using established evaluation systems and approves job titles levels and FLSA classifications.
- Administration of LongTerm RSU and PSU awards for all employees & Directors
- Provides support for M&Arelated compensation program transition.
- Support administration of Executive Compensation programs
- Administer Board of Director Pay
- Ensures compliance with government regulations.
Benefits
- Coordinate Annual Benefits Renewal Process and Open Enrollment. Support implementation of new Benefit plan vendors.
- Participate in 401K Committee and Quarterly Meetings. Support administration and communication of plan changes.
- Coordinate annual 401K Plan Audit and Filing of 5500 documents.
Compliance & Other Activities
- Respond to ad hoc requests from internal Audit external auditors SOX Risk Team and other internal stakeholders.
- Participates in risk review and audit process by preparing and presenting accurate documentation.
- Participates in other projects as assigned.
Knowledge Skills and Experience Requirements:
- Bachelors degree in HR Business Administration Finance or related field or equivalent experience.
- 35 years of experience in Compensation & Benefits
- Professional Human Resources or Compensation certification a plus (SHRMSCP SHRMCP SPHR PHR CCP CBP etc.
- Working knowledge of industrystandard tools including survey platforms (Aon McLagan Mercer Willis Towers Watson etc.
- Excellent communication skills to effectively communicate complex information.
- Advanced problemsolving skills with the ability to think analytically creatively and strategically.
- Demonstrated ability to perform thorough quantitative and qualitative analyses using applicable technology tools.
- Demonstrated ability to project manage crossfunctional initiatives that deliver results using collaboration and influencing skills.
- Indepth knowledge of compensation principles market trends and regulatory requirements and ability to communicate those to key stakeholders.
- Ability to perform independent indepth analysis using Strong mathematical/quantitative reasoning skills.
- Ability to maintain confidentiality and a professional demeanor in a dynamic work environment that often requires management of multiple priorities.
- Excellent verbal written and interpersonal skills.
- Strong PC skills (Excel Word) Powerpoint) proficiency required.
Our job titles may span more than one career level. The starting base salary for this role is between $75000.00 $85000.00. The actual base pay is dependent upon many factors such as: training transferrable skills work experience business needs and market demands. The base pay range is subject to change and may be modified in the future.
Amalgamated Bank is anEqual Opportunity and Affirmative Action Employer Minorities / Females / Individuals with Disability / Veterans.AmeriCorps Peace Corps and other national service alumni are encouraged to apply. View ourPay Transparency Statement. Submission of a resume or any information regarding your qualifications does not constitute a promise or offer of employment. At Amalgamated Bank we consider an applicant to be someone who has interviewed at least once in person with the hiring manager. Amalgamated Bank does not sponsor applicants for work visas.
Effective February 18 2025 employees in officebased positions will be working a Hybrid work schedule consisting of three days or more onsite per week Monday Thursday although the specific days may vary by site or organization with Friday designated as a remoteworking day unless business critical tasks require an onsite presence. This Hybrid work model does not apply to and daily inperson attendance is required for the contact center branch service roles and general services where the work to be performed is located at a Company site; positions covered by a collectivebargaining agreement (unless the agreement provides for hybrid work); or any other position for which the Company has determined the job requirements cannot be reasonably met working remotely. Please note this Hybrid work model guidance does not apply to roles that have been designated as remote.
Amalgamated Bank does not accept unsolicited assistance from search firms for employment opportunities. All CVs / resumes submitted by search firms to any employee at our company without a valid written search agreement in place for the position will be deemed the sole property of our company. No fee will be paid in the event a candidate is hired by our company as a result of an agency referral where no preexisting agreement is in place. Where agency agreements are in place introductions are position specific. Please no phone calls or emails.
Required Experience:
IC
Employment Type
Full Time
