Senior Compensation Manager
Senior Compensation Manager
Posted on :
09-05-2025
Employer Active
1 Vacancy
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Yearly Salary
USD 179200 - 228500
Vacancy
1 Vacancy
Posted on :
09-05-2025
Job Description
About the organization
A wellestablished communityfocused financial institution headquartered in the Bay Area known for its personalized banking services and longstanding commitment to local communities. The organization offers a full range of financial products including personal and business banking mortgage lending and wealth management. It distinguishes itself through relationshipbased service local decisionmaking and support for regional economic growth through philanthropic initiatives and community engagement.
Position Overview
The Sr. Manager Compensation is responsible for the development implementation and management of compensation programs that support the organizations strategic objectives and talent management priorities. This role plays a key part in ensuring market competitiveness pay equity and compliance with relevant regulations. The Sr. Manager will partner closely with HR Finance and business leaders to analyze compensation data develop insights and support initiatives that attract retain and reward top talent.
Role and Responsibilities:
1. Compensation Strategy & Program Management
A wellestablished communityfocused financial institution headquartered in the Bay Area known for its personalized banking services and longstanding commitment to local communities. The organization offers a full range of financial products including personal and business banking mortgage lending and wealth management. It distinguishes itself through relationshipbased service local decisionmaking and support for regional economic growth through philanthropic initiatives and community engagement.
Position Overview
The Sr. Manager Compensation is responsible for the development implementation and management of compensation programs that support the organizations strategic objectives and talent management priorities. This role plays a key part in ensuring market competitiveness pay equity and compliance with relevant regulations. The Sr. Manager will partner closely with HR Finance and business leaders to analyze compensation data develop insights and support initiatives that attract retain and reward top talent.
Role and Responsibilities:
1. Compensation Strategy & Program Management
- Support the development and refinement of compensation strategies in alignment with company goals and market practices.
- Manage the implementation and administration of base pay shortterm incentive plans and other variable compensation programs.
- Partner with the SVP HR and CHRO to assess the effectiveness of compensation programs and make recommendations for improvements.
- Lead benchmarking efforts using industry surveys and data to evaluate the competitiveness of the organizations pay structures.
- Perform compensation modeling and analytics to support decisionmaking and compensation design.
- Provide insights and recommendations based on market trends and internal data analysis.
- Oversee job analysis and job evaluations to ensure appropriate leveling and internal equity.
- Maintain and update salary structures job families and career frameworks across departments.
- Evaluate and approve job offers and promotions to ensure alignment with compensation guidelines.
- Ensure compensation practices comply with federal state and local laws and regulatory requirements (e.g. FLSA Equal Pay Act).
- Assist in preparing data and documentation for pay equity audits internal reviews and external reporting.
- Collaborate with HR business partners and leadership in the planning and execution of annual compensation cycles (Merit Bonus Promotions SERP and ESOP).
- Provide analytics and recommendations on performancebased pay decisions.
- Assist with the design and administration of variable pay programs that support a performancedriven culture.
- Serve as a trusted advisor to HR business partners and business leaders on compensation matters.
- Support employee communications and training on compensation philosophy and programs.
- Work closely with Finance and HRIS teams to ensure accurate reporting budgeting and system integration.
Qualifications
- Bachelors degree in Human Resources Business Administration Finance or a related field (Masters or relevant certifications preferred).
- 6 years of experience in compensation with at least 2 years in a managerial or seniorlevel role.
- Strong understanding of compensation design market pricing salary surveys and program implementation.
- Experience managing or supporting complex compensation cycles and job architecture frameworks.
- Solid analytical and problemsolving skills with a high attention to detail.
Proficient in Excel (e.g. pivot tables formulas data modeling) and compensation tools/systems (e.g. PayScale. Mercer ADP Cornerstone Workday etc.). - Strong interpersonal and communication skills with the ability to influence stakeholders at all levels.
Ability to manage multiple priorities in a fastpaced dynamic environment. - Certified Compensation Professional (CCP) or similar industryrecognized certifications preferred.
Required Experience:
Senior Manager
Employment Type
Full-Time
Key Skills
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